Silver....
jclovescoins
Posts: 1,902 ✭✭✭✭✭
...seems it may give up all of its recent gains in one day...down $3/oz just in an hour after market open...already was down $3/oz from the high...yikes!!
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Quite the percentage smackdown, wow.
Click on this link to see my ebay listings.
Economy must have been fixed.
"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
The implications are clear. They will juice the stock market like nobody's business. Pick your poison - I'll stay with PMs.
Mannarino is talking about major criminal activity by the megabanks internationally - that MIGHT result in consequences.
The election process and the Supreme Court nomination process will undoubtedly cause uncertainty & volatility in all markets.
Federal funds are apparently going to be withheld from Seattle, Portland and NYC until they decide to protect their own citizens.
Still more unemployed every week and the effects of the economic shutdown are STILL not fully felt.
We live in interesting times. Got potatoes?
I knew it would happen.
an increase in covid cases must mean no more debt issuance for stimulus money
Just holding currently...not adding or selling. Might be adding soon though. Should only be going up based on current and anticipated future events.
Buying or selling in this market should be done only as part of an overall strategy and NOT as a result of the markets being jerked around in all directions. Follow your own money management plan and you will be just fine.
I knew it would happen.
buy Mortimer, buy> @jmski52 said:
If he's talking about the recent illegal release of Suspicious Activity Reports the corrupt banks have an out: they filed the required paperwork to report their suspicion of money laundering. It's up to the Justice Department to prosecute the money launderers and/or advise the banks to cut their relationship with the bad guys. The SARs reporting systems gives the banks a pass.
"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
Markets way down, PM's crashing.... where the heck is all the money going?? Cheers, RickO
into dollars, won't hold. dollars will be looking for their next parking place.
"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
With the death of RBG and increased chaos its no big surprise the stock and precious metals markets are getting clobbered.
In times of uncertainty, there's a general flight to safety from risky assets. Diversified portfolios tend to be more stable during these periods, concentrated positions are great in strong markets, scary during sudden changes to negative market sentiment. When the music stops and the lights come up, find a chair and chill.
Liberty: Parent of Science & Industry
I agree this is a flight into dollars. The volatility of asset prices will continue. Hang on.
Here's a warning parable for coin collectors...
Stock market short covering "Stock market" if you can't sell what you want, sell what you have"
Swings are going to get bigger. the above is based on opinion and not to be taken as a recommendation to buy or sell a security, option, ETF or cache of coins.
prices not good 🤮
Looks like Daddy is still in control, no implosion on the Comex, just in the physical market. lol
All the folks that came in the past three weeks buying silver like no tomorrow, called today wanting to know what is going on?
said, i told you cant go up forever. profit taking and swings are the norm.
Couple of panic sellers today, made the day profitable
I've been agonizing about whether or not to buy some more silver for the past 6 months now. I've still been buying in trickle amounts.
I knew it would happen.
I'm sorry to hear of your misfortune.
I wish folks could do less agonizing and more enjoying.
Best wishes in your decisions!
Liberty: Parent of Science & Industry
I'm sorry to hear of your misfortune.
I wish folks could do less agonizing and more enjoying.
It's okay, Baley. I'm capable of agonizing over a decision while simultaneously enjoying the fruits of my agonizing.
I knew it would happen.
As my Brother would say _We're all gonna die !******
That sounds like a quote from a Klingon commander! Oh, how I could have used a Klingon agonizer at times in my former career!!!
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
Loving the Star Trek references!!
https://www.govmint.com/2017-canada-100-dollar-10-ounce-silver-star-trek-enterprise-shaped-proof
Knowledge is the enemy of fear
Happy to buy back what I sold last week.
crazy crazy...price just keeps dropping...