Me too but I'm realistic enough to realize that the roller coaster doesn't keep going up forever.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Whatever happened to the rational middle? Oh yeah, everybody hates them for "not being outraged enough!" For having "head in sand", for wearing "rose color glasses that see unicorns and rainbows " so they mostly (mostly) keep quiet
"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
uncovered a sinister plan by the U.S. government to confiscate everyday Americans’ wealth… and use COVID-19 as an excuse to cover up this cash grab
Wow, now theres a hook. Ive gotta read more.
I’m in a very remote part of Argentina. It’s an ideal bug-out location
This dude is really scared, i better listen up!!
Ok. So i read it. Didnt really outline any sinister plan. He didnt scare me.
To the point of the OP. Bubbles are formed over a matter a time--usually several years (4-7). This amount of time allows for the maximum number of people to get involved. It is only when everyone is in, the bubble pops.
While overbought, PMs are not in a bubble. In 2011 silver was in a bubble. Read the threads from 2010 to 2012 and you will see and feel the bubble form and pop. Very worthwhile reading.
Believe it or not, this time is different. Gold is only responding to what many of it's buyers are now realizing, the next currency crisis: Digital FED dollar is on it's way in and cash is on it's way out. Printing money and runaway US debt are just part of the overall dollar destruction equation.
"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 believe you are saying that you and your RUSSIAN BOT ZH have been wrong, wrong, wrong,
Bulgarian bots actually:
Owner ABC Media Limited (Bulgaria)
Like any smart media company, registered well beyond the long arm of the censors. Actually this is what makes them more credible than your CNBC.
"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
"Provided that we all pretend that our economies have fully healed from Covid-19 with no major structural damage, and that central-bank and government stimulus can carry on paying us 80% of salary to go on holiday as normal, and that the US will continue to always bail everyone out as needed with no questions asked, then yes, feel free to sell USD and kick it while it is down (all the way to the level before the crisis began on broad trade-weighted terms).
Just don’t’ forget what you will come screaming for as soon as we see that there is no proper recovery, that there is major structural damage, that government stimulus cannot carry on paying us 80% of salary forever, and neither can the US will continue to always bail everyone out as needed with no questions asked."
@jdimmick said:
All my local buyers have stopped buying, and My buddy in raleigh that has a shop says the same.
I can believe that... just too much turmoil right now. Perhaps average traditional buyer is standing off to the side to watch where the big players take this market.
I know that I am having difficulty determining at what price to buy or sell given the premiums, fast changes, etc.
@jdimmick said:
All my local buyers have stopped buying, and My buddy in raleigh that has a shop says the same.
I can believe that... just too much turmoil right now. Perhaps average traditional buyer is standing off to the side to watch where the big players take this market.
I know that I am having difficulty determining at what price to buy or sell given the premiums, fast changes, etc.
seasoned buyers tend to hold back when price runs up. it's the new buyers wanting in on the speculation that keeps demand alive.
"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
@jdimmick said:
All my local buyers have stopped buying, and My buddy in raleigh that has a shop says the same.
I can believe that... just too much turmoil right now. Perhaps average traditional buyer is standing off to the side to watch where the big players take this market.
I know that I am having difficulty determining at what price to buy or sell given the premiums, fast changes, etc.
seasoned buyers tend to hold back when price runs up. it's the new buyers wanting in on the speculation that keeps demand alive.
Totally agree, based on my ebay buyers of PM's at the current price levels. We need several weeks of consolidation and for prices to stabilize in order for the more astute buyers to return.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
@coinkat said:
Would AAPL and Tesla get more or less scrutiny than gold and silver in terms of valuations at current levels?
valuations? with equities. LOL
"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
Seems that if an argument or suggestion is going to be made as to whether gold and silver have gone up too fast, it would not be unreasonable to make comparisons to other items that are traded.
Experience the World through Numismatics...it's more than you can imagine.
@coinkat said:
Seems that if an argument or suggestion is going to be made as to whether gold and silver have gone up too fast, it would not be unreasonable to make comparisons to other items that are traded.
not unreasonable. Except that you mentioned valuations in the same sentence with stocks. I for one do not believe valuations have been used for a long time with equities. Equities have climbed because the supply of money available to buy them has skyrocketed since 2008. If the FED were to point its bazooka at PMs gold would be $10K and silver would be $150.
Imagine going to a coin auction where the house gave all of the bidders twice the money they brought through the door with them. What do you think would happen to valuations and to prices?
"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
@coinkat said:
Would AAPL and Tesla get more or less scrutiny than gold and silver in terms of valuations at current levels?
Funny you should say that. I had a stock order in today to buy some AAPL. I wanted to buy somemore before their 4 for 1 split at the end of month. I put in a Limit order and the trade didn't hit. I raised the limit price twice and finally pulled the order. Everything has a maximum price. Ive learned that when i chase something it usually doesn't end well. When I take the emotion out of any investment I usually find my price.
@coinkat said:
Would AAPL and Tesla get more or less scrutiny than gold and silver in terms of valuations at current levels?
Funny you should say that. I had a stock order in today to buy some AAPL. I wanted to buy somemore before their 4 for 1 split at the end of month. I put in a Limit order and the trade didn't hit. I raised the limit price twice and finally pulled the order. Everything has a maximum price. Ive learned that when i chase something it usually doesn't end well. When I take the emotion out of any investment I usually find my price.
Why before the split?
"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
@coinkat said:
Would AAPL and Tesla get more or less scrutiny than gold and silver in terms of valuations at current levels?
Funny you should say that. I had a stock order in today to buy some AAPL. I wanted to buy somemore before their 4 for 1 split at the end of month. I put in a Limit order and the trade didn't hit. I raised the limit price twice and finally pulled the order. Everything has a maximum price. Ive learned that when i chase something it usually doesn't end well. When I take the emotion out of any investment I usually find my price.
Why before the split?
No real reason financially. I just enjoy the ride better.
Imagine going to a coin auction where the house gave all of the bidders twice the money they brought through the door with them. What do you think would happen to valuations and to prices?
The ones that are rare, beautiful, and desirable by may collectors would go way higher!
"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
We need several weeks of consolidation and for prices to stabilize in order for the more astute buyers to return.
That might be awhile, even yet. Looks like a lot of panic buyers who sat on their hands too long. But, it's the big players who run the prices, and not the small fry like us. I wonder who's been buying...
Q: Are You Printing Money? Bernanke: Not Literally
well there seems to be absolutely no demand for silver on this forum at these prices....had silver priced at $27 per oz when it was $29+ yesterday/last night and only one person expressed a desire for pictures and then never responded lol...
HOWEVER, off of this forum there seems to be strong demand among collectors...
I expect it to go down to around $25 before heading to $35+ by year end. Think this is the "once in a decade" type move.
@jclovescoins said:
well there seems to be absolutely no demand for silver on this forum at these prices....had silver priced at $27 per oz when it was $29+ yesterday/last night and only one person expressed a desire for pictures and then never responded lol...
HOWEVER, off of this forum there seems to be strong demand among collectors...
I expect it to go down to around $25 before heading to $35+ by year end. Think this is the "once in a decade" type move.
I disagree with your assessment. 90% "US Junk" and .999 silver is and was flying of the shelves, but like coins, "dreck" is not. Unfortunately, right or wrong, sterling is considered by PM collectors mostly "dreck."
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
@jclovescoins said:
well there seems to be absolutely no demand for silver on this forum at these prices....had silver priced at $27 per oz when it was $29+ yesterday/last night and only one person expressed a desire for pictures and then never responded lol...
HOWEVER, off of this forum there seems to be strong demand among collectors...
I expect it to go down to around $25 before heading to $35+ by year end. Think this is the "once in a decade" type move.
I purchased some silver on the BST yesterday. I'm not selling any silver but my BST for gold is attracting buyers.
The fact that silver is moving a bit sideways is encouraging. I believe once those taking profits have moved on the price will resume it's move upward. The fact that it has not crashed downward at this point tells me there is strong support at current prices.
"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
fair enough, I have far more .999 silver coins, bars, and rounds...only the 150oz sterling...but I thought at $2 per oz under spot, it would be gobbled up lol...that does tell you something about the current price for sure
On 10/29/2010 silver closed at 23.96. Six month's later silver peaked at 48.70 on 4/28/2011. That was a 203% and $24.74 gain over six months.
Is silver currently moving up too fast (BUBBLE)?
No. It will exceed the last peak within 12 months, and move much higher.
"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
@jclovescoins said:
fair enough, I have far more .999 silver coins, bars, and rounds...only the 150oz sterling...but I thought at $2 per oz under spot, it would be gobbled up lol...that does tell you something about the current price for sure
I thought LukeMarshall would be all over that sterling lot for his home melting and casting project
@derryb said:
On 10/29/2010 silver closed at 23.96. Six month's later silver peaked at 48.70 on 4/28/2011. That was a 203% and $24.74 gain over six months.
Is silver currently moving up too fast (BUBBLE)?
No. It will exceed the last peak within 12 months, and move much higher.
Gains (or losses) on investments are usually expressed as the net percent gain or loss
X%= [(end-start)/start*100)
rather than the intentionally misleading (exaggerated) way you repeatedly insist on doing by stating the gross
X%= (end/start)*100
You then compound the confusion by stating the dollar gain.
@derryb said:
On 10/29/2010 silver closed at 23.96. Six month's later silver peaked at 48.70 on 4/28/2011. That was a 203% and $24.74 gain over six months.
Is silver currently moving up too fast (BUBBLE)?
No. It will exceed the last peak within 12 months, and move much higher.
Gains (or losses) on investments are usually expressed as the net percent gain or loss
X%= [(end-start)/start*100)
rather than the intentionally misleading (exaggerated) way you repeatedly insist on doing by stating the gross
X%= (end-start)*100
Gold is not an invesment, it is insurance. lol
Multiply the first number by the percentage and presto, you get the second number.
sustitue the word "increase" for the word "gain" if it blows your skirt up.
You then compound the confusion by stating the dollar gain.
Why?
For now, in the US, gold is priced in dollars.
"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
Unless we are daytrading this like derryb, does todays price really matter? The question isnt about the price, but rather our commitment to the investment.
Bubbles do not hold silver and gold . Exuberance makes bubbles. And those who hold it (metal) long enough , can see bubbles pop. And all the while the metal will be holding its historical value ...in an upward trend. We won't see any ounces going for minus $37 a barrel.
I dont think they're moving fast enough. I've had so much free time on my hands the last few months that I've been crawling around Ebay and watching tickers all bloody day.
I understand the difference on proprietary tickers - some companies use bid, some ask, some do voodoo chants. But what's most troubling is the times when I've seen them all in synch when it wouldn't make sense. For weeks if not months, I've been scratching my head like "what are people talking about it hit 1850? 1900? 2k?"
It turns out a majority of these crooked things do really convenient stuff, like freeze for 7 hours on a Monday morning at Friday's closing and suddenly three others are under-reporting. Meanwhile, the biggest of vaults has gone phone orders only with a minimum purchase and 90 day back log. And metals go down. A "glut" disappears, and metals move this little piss sip of scraps they threw us. Suddenly the big three are frozen midweek and nobody else noticed? REALLY??
At the end of the day, its foolish to think big money isnt manipulating this. If I was a 1%er, I'd be having my buddies fix the stuff too! All the time, but especially now. I'd have them invent and manage fake money and dreams like paper gold, because if people are foolish enough to buy into USD, well, there are people even more foolish who will buy things never knowing if they ever existed! Who knows what else is going on? People are getting away with all kinds of stuff, everywhere, with anything, because resources are too low to manage some issues. Who knows what we will learn 10 years from now?
I don't know. I dont crunch numbers, I'm not a big banking or commodities guy, but the number of obvious paid shills and massive influx of demand not being reflected, leads me to believe it's more fixed than ever. Just by the amount of articles out there now saying it sucks and wont perform. Just that and the shills/trolls should be enough of a wakeup call for all of you.
heck, eagles dont go from 25 to 55 in 48h or less with spot going down, while gold inventory starts looking thin across all categories, tonnes of fake gold discovered in China, while one of their biggest exchanges shut down all metals trading, and metals go down. No. Nope. Hahahaha.
Its gonna tumble so hard you guys wont even be fighting anymore we will all be in the Bahamas with trophy wives.
Comments
I don’t think I have a choice. So enjoy the ride I will.
Oh boy, this thread is heading for the bin.
Well that is interesting, political thread response is gone.
I'm enjoying the ride.
I would agree
WRG Collection 20th Century Gold Major Design Type Set, Circulation Strikes (1900-1933)
https://www.pcgs.com/setregistry/type-sets/era-type-sets/20th-century-gold-major-design-type-set-circulation-strikes-1900-1933/publishedset/227036
Me too but I'm realistic enough to realize that the roller coaster doesn't keep going up forever.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I totally agree
They are likely beginning to see the writing on the wall.
"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
uncovered a sinister plan by the U.S. government to confiscate everyday Americans’ wealth… and use COVID-19 as an excuse to cover up this cash grab
Wow, now theres a hook. Ive gotta read more.
I’m in a very remote part of Argentina. It’s an ideal bug-out location
This dude is really scared, i better listen up!!
Ok. So i read it. Didnt really outline any sinister plan. He didnt scare me.
To the point of the OP. Bubbles are formed over a matter a time--usually several years (4-7). This amount of time allows for the maximum number of people to get involved. It is only when everyone is in, the bubble pops.
While overbought, PMs are not in a bubble. In 2011 silver was in a bubble. Read the threads from 2010 to 2012 and you will see and feel the bubble form and pop. Very worthwhile reading.
Knowledge is the enemy of fear
Believe it or not, this time is different. Gold is only responding to what many of it's buyers are now realizing, the next currency crisis: Digital FED dollar is on it's way in and cash is on it's way out. Printing money and runaway US debt are just part of the overall dollar destruction equation.
"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
Like any smart media company, registered well beyond the long arm of the censors. Actually this is what makes them more credible than your CNBC.
"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
everytime I check Kitco I'm expecting to see a big correction.
https://www.zerohedge.com/markets/rabo-everything-can-appear-hunky-doryuntil-real-money-runs-out
"Provided that we all pretend that our economies have fully healed from Covid-19 with no major structural damage, and that central-bank and government stimulus can carry on paying us 80% of salary to go on holiday as normal, and that the US will continue to always bail everyone out as needed with no questions asked, then yes, feel free to sell USD and kick it while it is down (all the way to the level before the crisis began on broad trade-weighted terms).
Just don’t’ forget what you will come screaming for as soon as we see that there is no proper recovery, that there is major structural damage, that government stimulus cannot carry on paying us 80% of salary forever, and neither can the US will continue to always bail everyone out as needed with no questions asked."
Gee whiz.
All my local buyers have stopped buying, and My buddy in raleigh that has a shop says the same.
I can believe that... just too much turmoil right now. Perhaps average traditional buyer is standing off to the side to watch where the big players take this market.
I know that I am having difficulty determining at what price to buy or sell given the premiums, fast changes, etc.
seasoned buyers tend to hold back when price runs up. it's the new buyers wanting in on the speculation that keeps demand alive.
"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
Totally agree, based on my ebay buyers of PM's at the current price levels. We need several weeks of consolidation and for prices to stabilize in order for the more astute buyers to return.
Would AAPL and Tesla get more or less scrutiny than gold and silver in terms of valuations at current levels?
Experience the World through Numismatics...it's more than you can imagine.
valuations? with equities. LOL
"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
Seems that if an argument or suggestion is going to be made as to whether gold and silver have gone up too fast, it would not be unreasonable to make comparisons to other items that are traded.
Experience the World through Numismatics...it's more than you can imagine.
I'm calling a top at $33 for 2020.
Nostradogert has spoken.
not unreasonable. Except that you mentioned valuations in the same sentence with stocks. I for one do not believe valuations have been used for a long time with equities. Equities have climbed because the supply of money available to buy them has skyrocketed since 2008. If the FED were to point its bazooka at PMs gold would be $10K and silver would be $150.
Imagine going to a coin auction where the house gave all of the bidders twice the money they brought through the door with them. What do you think would happen to valuations and to prices?
"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
Funny you should say that. I had a stock order in today to buy some AAPL. I wanted to buy somemore before their 4 for 1 split at the end of month. I put in a Limit order and the trade didn't hit. I raised the limit price twice and finally pulled the order. Everything has a maximum price. Ive learned that when i chase something it usually doesn't end well. When I take the emotion out of any investment I usually find my price.
MIKE B.
Why before the split?
"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
No real reason financially. I just enjoy the ride better.> @derryb said:
No real reason financially. I just enjoy the ride better.
MIKE B.
The ones that are rare, beautiful, and desirable by may collectors would go way higher!
The common ugly junk?
Not so much
Liberty: Parent of Science & Industry
Coho's favorite prophet Jim Willie discusses gold/silver upside.
"Gold will be the great arbiter."
"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
Its only taken an addition $9,000,000,000,000 dropped in 3 months. And another $3,000,000,000,000 dropped right before an election. Lol
Gee, I dunno - that seems like an awful lot of free money for nuthin'.
I think they are moving up too fast.
It would be interesting to know which large buyers are involved. I wonder which large bank has gone under and we simply haven't yet been informed.
I knew it would happen.
We need several weeks of consolidation and for prices to stabilize in order for the more astute buyers to return.
That might be awhile, even yet. Looks like a lot of panic buyers who sat on their hands too long. But, it's the big players who run the prices, and not the small fry like us. I wonder who's been buying...
I knew it would happen.
Temporary set back or the beginning of the much needed consolidation?
Silver .... 27.67 .... -1.22
dips are healthy for the pm market, parabolic moves up every single day only happen at the end of the bull cycle
well there seems to be absolutely no demand for silver on this forum at these prices....had silver priced at $27 per oz when it was $29+ yesterday/last night and only one person expressed a desire for pictures and then never responded lol...
HOWEVER, off of this forum there seems to be strong demand among collectors...
I expect it to go down to around $25 before heading to $35+ by year end. Think this is the "once in a decade" type move.
I disagree with your assessment. 90% "US Junk" and .999 silver is and was flying of the shelves, but like coins, "dreck" is not. Unfortunately, right or wrong, sterling is considered by PM collectors mostly "dreck."
I purchased some silver on the BST yesterday. I'm not selling any silver but my BST for gold is attracting buyers.
The fact that silver is moving a bit sideways is encouraging. I believe once those taking profits have moved on the price will resume it's move upward. The fact that it has not crashed downward at this point tells me there is strong support at current prices.
"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
Just a pause, consolidation. I don't hear J6P talking about gold, when he does then we're near the top.
fair enough, I have far more .999 silver coins, bars, and rounds...only the 150oz sterling...but I thought at $2 per oz under spot, it would be gobbled up lol...that does tell you something about the current price for sure
On 10/29/2010 silver closed at 23.96. Six month's later silver peaked at 48.70 on 4/28/2011. That was a 203% and $24.74 gain over six months.
Is silver currently moving up too fast (BUBBLE)?
No. It will exceed the last peak within 12 months, and move much higher.
"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 thought LukeMarshall would be all over that sterling lot for his home melting and casting project
Liberty: Parent of Science & Industry
Gains (or losses) on investments are usually expressed as the net percent gain or loss
X%= [(end-start)/start*100)
rather than the intentionally misleading (exaggerated) way you repeatedly insist on doing by stating the gross
X%= (end/start)*100
You then compound the confusion by stating the dollar gain.
Why?
Liberty: Parent of Science & Industry
A double is a 100% gain
A 200% gain is a triple.
You know this
Liberty: Parent of Science & Industry
Gold is not an invesment, it is insurance. lol
Multiply the first number by the percentage and presto, you get the second number.
sustitue the word "increase" for the word "gain" if it blows your skirt up.
For now, in the US, gold is priced in dollars.
"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
At least derryb is good at tying knots. Lol
BTW--i hope Willie is right this time. 🛥🛳🚢⛵
Knowledge is the enemy of fear
doesn't seem that silver is moving up too fast now
Unless we are daytrading this like derryb, does todays price really matter? The question isnt about the price, but rather our commitment to the investment.
Knowledge is the enemy of fear
Bubbles do not hold silver and gold . Exuberance makes bubbles. And those who hold it (metal) long enough , can see bubbles pop. And all the while the metal will be holding its historical value ...in an upward trend. We won't see any ounces going for minus $37 a barrel.
I dont think they're moving fast enough. I've had so much free time on my hands the last few months that I've been crawling around Ebay and watching tickers all bloody day.
I understand the difference on proprietary tickers - some companies use bid, some ask, some do voodoo chants. But what's most troubling is the times when I've seen them all in synch when it wouldn't make sense. For weeks if not months, I've been scratching my head like "what are people talking about it hit 1850? 1900? 2k?"
It turns out a majority of these crooked things do really convenient stuff, like freeze for 7 hours on a Monday morning at Friday's closing and suddenly three others are under-reporting. Meanwhile, the biggest of vaults has gone phone orders only with a minimum purchase and 90 day back log. And metals go down. A "glut" disappears, and metals move this little piss sip of scraps they threw us. Suddenly the big three are frozen midweek and nobody else noticed? REALLY??
At the end of the day, its foolish to think big money isnt manipulating this. If I was a 1%er, I'd be having my buddies fix the stuff too! All the time, but especially now. I'd have them invent and manage fake money and dreams like paper gold, because if people are foolish enough to buy into USD, well, there are people even more foolish who will buy things never knowing if they ever existed! Who knows what else is going on? People are getting away with all kinds of stuff, everywhere, with anything, because resources are too low to manage some issues. Who knows what we will learn 10 years from now?
I don't know. I dont crunch numbers, I'm not a big banking or commodities guy, but the number of obvious paid shills and massive influx of demand not being reflected, leads me to believe it's more fixed than ever. Just by the amount of articles out there now saying it sucks and wont perform. Just that and the shills/trolls should be enough of a wakeup call for all of you.
heck, eagles dont go from 25 to 55 in 48h or less with spot going down, while gold inventory starts looking thin across all categories, tonnes of fake gold discovered in China, while one of their biggest exchanges shut down all metals trading, and metals go down. No. Nope. Hahahaha.
Its gonna tumble so hard you guys wont even be fighting anymore we will all be in the Bahamas with trophy wives.