@dennis1219 said:
Watching the day to day metals market, is as exciting as getting a colonoscopy. As a stacker, I am more interested in 5 years down the road. I like buying in a he 14-16 range.
I also like buying in that range, sure beats the range from 2011
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
Down. FED verbage. My PM ETF stops all kicked in, reloading the money gun.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@MsMorrisine said:
What will be the driver higher over 5 years?
Turn on the TV , watch the people in the stores and on social media the masses are being lead to the corral and do not even see it as they are use as tools.
Gold RSI at highest since 2011 indicating a current over bought condition. Silver will likely follow it down in the near term.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@MsMorrisine said:
What will be the driver higher over 5 years?
Turn on the TV , watch the people in the stores and on social media the masses are being lead to the corral and do not even see it as they are use as tools.
And *that's * why silver bullion will rise to multiples of cost to mine?
Or do collector/investors also receive psychological value from owning beautiful, or "neat ", or old, and or rare coins and bars and also odd-shaped artistic & utilitarian metallic fetish objects?
@MsMorrisine said:
What will be the driver higher over 5 years?
Turn on the TV , watch the people in the stores and on social media the masses are being lead to the corral and do not even see it as they are use as tools.
And *that's * why silver bullion will rise to multiples of cost to mine?
Or do collector/investors also receive psychological value from owning beautiful, or "neat ", or old, and or rare coins and bars and also odd-shaped artistic & utilitarian metallic fetish objects?
Yes with added regulations on mining I can only imagine the cost to bring it out of the ground in seven more years, I have been shocked at the cost to put food on grocery store shelves. I was listening to some checkers talking about there wage versus inflation pay the ladies had been there for over thirty one years. They were talking about the cost of food has almost four to five times in cost from late eighties early nineties to the present day. The two stated the journeymen wage in ninety one was $11.45 and journeyman wage now is $14.65. one of the ladies said back in the day when we had a tight month with finances in the family we could also save a little with the option to eat cheap, things that where five for a dollar then are now five dollars each. I wished California would stop regulating along with triple taxing everything and everyone so the people could stay in there state of choice, they are moving to where I live and now I have to leave. Nothing changes with people it is play and repeat the statement is true history just repeats so if you leave a state because you do not like it why do you move and want others to change the way they live in there state seems funny when you moved to escape those conditions. We left Europe to escape the conditions of taxations a long with persecution from the kings and queens why do the masses repeat the same thing. like I said watch the people we are just handing it back to them when in Rome do as the romans. I think Silver and gold have more down side but a superb 10 year investment there will many condition for the driver of silver our mistakes will be the biggest the truth always comes out America was not designed nor will it be successful with the decisions we are making.
Comments
Yeah, that's what we all said 5 years ago.... when silver was $26
Liberty: Parent of Science & Industry
What will be the driver higher over 5 years?
I also like buying in that range, sure beats the range from 2011
Any thoughts about this little run up??
run up? say what?
I knew it would happen.
It's little
I'm on the edge of my damn seat here !!
How many pennies +/- today??????????
Liberty: Parent of Science & Industry
I'll take baby steps in the right direction.. Can you see 16.50 for the next level??
Eventually, but it has to breach $16 first and find a footing at that price.
Well, whaddya know? Silver @ $16.01! (Again).
I knew it would happen.
16.03!!!!!!!!!!!!!!!!!!!
My YouTube Channel
Apparently, it's a game of inches and we aren't even close to mid-field! $16.08 Woohoo!
I knew it would happen.
Double Woohoo....up to $16.16 as I pound this keyboard
Has the long awaited run up begun? We are almost at June 2018 levels.
Down. FED verbage. My PM ETF stops all kicked in, reloading the money gun.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I have seen the future and silver will not go over 16 ever again
I have seen the future and silver will not go over 16 ever again
uh, it's at $16.05
Does that mean it'll never go under $16, such that it will also never go over it again?
I knew it would happen.
It means I forgot to look at the price before I posted. But I stand by my call because I'm habitually unable to admit mistakes.
Seen it at 16.25 today. Looks like it wants to move in the right direction. Patience is a virtue...
I wish it would go to its 10 year average.
Knowledge is the enemy of fear
More downside before upside.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Yes
I'm starting to feel like Charlie Brown and my hair is starting to look like Charlie Brown's.
((Again)).
You spoke to soon
It just traded at 17.26....well, at least the July 2021 futures did. Haha
Knowledge is the enemy of fear
Turn on the TV , watch the people in the stores and on social media the masses are being lead to the corral and do not even see it as they are use as tools.
Gold RSI at highest since 2011 indicating a current over bought condition. Silver will likely follow it down in the near term.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Cue Bronco, okay - now say it!!
I knew it would happen.
I assume you are looking at a weekly chart?
Please define near term.
Knowledge is the enemy of fear
And *that's * why silver bullion will rise to multiples of cost to mine?
Or do collector/investors also receive psychological value from owning beautiful, or "neat ", or old, and or rare coins and bars and also odd-shaped artistic & utilitarian metallic fetish objects?
Liberty: Parent of Science & Industry
I was $20 happier last night
Yes with added regulations on mining I can only imagine the cost to bring it out of the ground in seven more years, I have been shocked at the cost to put food on grocery store shelves. I was listening to some checkers talking about there wage versus inflation pay the ladies had been there for over thirty one years. They were talking about the cost of food has almost four to five times in cost from late eighties early nineties to the present day. The two stated the journeymen wage in ninety one was $11.45 and journeyman wage now is $14.65. one of the ladies said back in the day when we had a tight month with finances in the family we could also save a little with the option to eat cheap, things that where five for a dollar then are now five dollars each. I wished California would stop regulating along with triple taxing everything and everyone so the people could stay in there state of choice, they are moving to where I live and now I have to leave. Nothing changes with people it is play and repeat the statement is true history just repeats so if you leave a state because you do not like it why do you move and want others to change the way they live in there state seems funny when you moved to escape those conditions. We left Europe to escape the conditions of taxations a long with persecution from the kings and queens why do the masses repeat the same thing. like I said watch the people we are just handing it back to them when in Rome do as the romans. I think Silver and gold have more down side but a superb 10 year investment there will many condition for the driver of silver our mistakes will be the biggest the truth always comes out America was not designed nor will it be successful with the decisions we are making.
good call.
will it go under $15 over the weekend?
I was $50 happier last week
I was $55 $60 happier last week
