Are Gold and Silver gonna keep going down?

[Hammertime]

It is 64 pages of reassurance that a gun forum is not sound financial advice, unless you are talking about bullets, beans and bacon! Those are my investments, anyways

[Not a Cook]

It is 64 pages of reassurance that a gun forum is not sound financial advice, unless you are talking about bullets, beans and bacon! Those are my investments, anyways

Bacon is not for investment, it is for eating! Are you really a Calgunner?

[Mssr. Eleganté]

I remember in the 1970's when I found about 23 silver coins in a storage closet my boss had hidden when I was cleaning it out. He gave me (2) for being an honest man. I still have those at the bottom of the lake.

When I'm gone, the kids will have so much fun reading my will and playing treasure hunter. A coded map and everything from one shore to the other.

Life is a beautiful thing and Gold never tarnishes or degrades, God inlaid his streets with it. It's that cool.

I may have been a treasure hunter before you were conceived. Pirate tales from Calguns !

I actually have to agree with you here. If you never plan to use your money for anything...if your plan is to bury everything underground for other people to find after you are dead...then precious metals are WAY better than stocks and bonds. While stocks and bonds buried underground will still outperform PMs in the long run, the risk of deterioration is too great.

[sixoclockhold]

Kabuki Theater:

Greece, we have a deal, we will print you $96 Billion, allow you to stay in the EU, hold all your assets for collateral and starve your slave trade. Pledge your Gold ? We like Gold....

Then we are to believe that this in someway relates to the price of Gold and it gets a slight slam to $1,154. (down $9) but recovering some

Carry On, TPTB have your back again.

[sixoclockhold]

Right now I'm looking at Monday, with Greece to get their bailout then metals should be punished in an act of ok everything is fine in the world again. I have to hope Gold gets some distance up from then to handle the smash that is surely coming Monday.

I had completed my averaging in on Gold about two months ago and have not purchased more, saving some fiat and powder. $1,150 I would buy some but it just hasn't and hopefully won't stay there long enough for me to hit the dealer. True downside is $1,141 if I'm not mistaken, we break that and were going down big.

How does he call these things 5-7 days before they happen?

My line in the sand $1,150.60 HIT.....

Predictions don't fail me now, were going to da moon now !

[sixoclockhold]

And the bounce to $2,000 Gold begins ($1,156 current).

Enjoy the Ride !

All Hail Fuky Guru, he has lead us down the Yellow Brick Road to Freedom.

[ohsmily]

And the bounce to $2,000 Gold begins ($1,156 current).

Enjoy the Ride !

All Hail Fuky Guru, he has lead us down the Yellow Brick Road to Freedom.

You write things without any substance. What does your statement above even mean? Your mealy-mouthed nonsense is worse than politicians. It leaves open the possibility for you to be "right" almost irrespective of what occurs...Gold could drop to $700 and in your delusion, you would maintain that you are still right because it is part of a drop before "bouncing to $2000." If you have a prediction with any specificity, then give it to us. For example, you predict $2,000...by when? Ten years from now? 1 year? You fashion yourself some kind of guru (you know my opinion about that) so give us a meaningful prediction. Can you even give us a quarter and year when this will happen? A quarter is a pretty generous span for leeway in your prediction.

It would be nice if you would follow through on your promise to disappear from this thread. The signal to noise ratio of your posts is very poor and full of crackpot, self-serving sources.

[smashycrashy]

You are arguing with someone constantly spouting gibberish.

But hey if he wants to think he is right he might need to explain why every "to da moon" prediction has been wrong. Sheer insanity.

[Ripon83]

http://www.apmex.com/spotprices/silver-prices

Correct me if I am wrong but didn't silver tap a 5 year low today?

[MotoriousRacing]

You are arguing with someone constantly spouting gibberish.

But hey if he wants to think he is right he might need to explain why every "to da moon" prediction has been wrong. Sheer insanity.

I wish I would have listened to you. I bought up a bunch of silver over the last year around $18 - $19. Now I'm stuck waiting for the SHTF.

[smashycrashy]

I wish I would have listened to you. I bought up a bunch of silver over the last year around $18 - $19. Now I'm stuck waiting for the SHTF.

Well I certainly don't like seeing people lose money.

If you ever want to get started investing rather than speculating, here is an excellent start:

http://www.amazon.com/Little-Book-Common-Sense-Investing/dp/0470102101

[bv141]

http://www.apmex.com/spotprices/silver-prices

Correct me if I am wrong but didn't silver tap a 5 year low today?

You're correct. 5 year low today.

[_Midian]

Silver at 15.40 is a bloody steal. With the ratio to gold at 75:1, imagine the haul you can make by swapping out a Krugerand for a pile of AG.

I did just that with Swiss Francs in December of 2014 and came away with a nice pile of shiny.

[MotoriousRacing]

Well I certainly don't like seeing people lose money.

If you ever want to get started investing rather than speculating, here is an excellent start:
http://www.amazon.com/Little-Book-Co.../dp/0470102101

Thanks

[olhunter]

I wish I would have listened to you. I bought up a bunch of silver over the last year around $18 - $19. Now I'm stuck waiting for the SHTF.

Well, buy some more and get your average down.