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Buy in May and go away.

TwoSides2aCoinTwoSides2aCoin Posts: 43,758 ✭✭✭✭✭

I like the dip anytime.

Comments

  • johnny9434johnny9434 Posts: 27,321 ✭✭✭✭✭

    So do I 🙂

  • blitzdudeblitzdude Posts: 5,290 ✭✭✭✭✭
    edited May 16, 2023 5:23PM

    @TwoSides2aCoin said:
    I like the dip anytime.

    As one day perhaps you will FINALLY learn.....there is ALWAYS a dip in the gutter. It happens quite frequently....days...weeks...months...years...decades...centuries, millenniums etc. The time frame changes but the end result is always the same. RGDS!

    The whole worlds off its rocker, buy Gold™.

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,758 ✭✭✭✭✭
    edited May 16, 2023 7:00PM

    @blitzdude said:

    @TwoSides2aCoin said:
    I like the dip anytime.

    As one day perhaps you will FINALLY learn.....there is ALWAYS a dip in the gutter. It happens quite frequently....days...weeks...months...years...decades...centuries, millenniums etc. The time frame changes but the end result is always the same. RGDS!

    No ? is that why or how the stack goes higher ?

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    This 'mini-dip' seems to be holding for silver and gold.... Still have fourteen days left in May.... Any predictions from our members blessed with foresight?? Or crystal ball? Cheers, RickO

  • GoldminersGoldminers Posts: 3,560 ✭✭✭✭✭

    @ricko said:
    This 'mini-dip' seems to be holding for silver and gold.... Still have fourteen days left in May.... Any predictions from our members blessed with foresight?? Or crystal ball? Cheers, RickO

    Elliott wave is suggesting if silver spot (not SLV) does not drop below this $23-$24 recent range of major downside resistance, then a fast rally to $27+ is the most likely next outcome. The Fed has had their members out in the press hinting at an interest rate pause. That, combined with any debt ceiling resolution, and any lower CPI hints, should be quite positive for metals.

    The CPI 12-month % change is now comparing against the big monthly increases last summer, so some surprisingly lower % change TTM readings could be feasible. That will start a big rally in most things.

    Platinum is showing a production/demand deficit as many mines have cut estimates and Russia may have sold most it had in stockpiles. I expect it to move up soon from this recent dip, and finally break above the recent two-month double highs.

    But don't bet the farm on this. LOL

  • percybpercyb Posts: 3,295 ✭✭✭

    @ricko said:
    This 'mini-dip' seems to be holding for silver and gold.... Still have fourteen days left in May.... Any predictions from our members blessed with foresight?? Or crystal ball? Cheers, RickO

    I’ll guess 23.75 for silver
    and 1950 for gold. :)

    "Poets are the unacknowledged legislators of the world." PBShelley
  • psuman08psuman08 Posts: 218 ✭✭✭

    Buyers in yesterday's Stacks Bowers PM auction paid pre-drop prices for everything. The spot price was lower but the % price increased.

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,758 ✭✭✭✭✭

    The window is closing.... or opening.
    Buy low, stack high.


  • blitzdudeblitzdude Posts: 5,290 ✭✭✭✭✭

    As the saying goes: "The gutter never disappoints". There's a reason they call it gutter metal. THKS!

    The whole worlds off its rocker, buy Gold™.

  • dcarrdcarr Posts: 7,888 ✭✭✭✭✭

    @blitzdude said:
    As the saying goes: "The gutter never disappoints". There's a reason they call it gutter metal. THKS!

    There is no "they".
    Only you call it that.

  • jmski52jmski52 Posts: 22,265 ✭✭✭✭✭

    It's called "sour grapes". :D

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • percybpercyb Posts: 3,295 ✭✭✭

    @blitzdude said:
    As the saying goes: "The gutter never disappoints". There's a reason they call it gutter metal. THKS!

    PM is not any cheaper my friend. The dollar is simply worth more.

    "Poets are the unacknowledged legislators of the world." PBShelley
  • cohodkcohodk Posts: 18,495 ✭✭✭✭✭

    @percyb said:

    @blitzdude said:
    As the saying goes: "The gutter never disappoints". There's a reason they call it gutter metal. THKS!

    The dollar is simply worth more.

    But jmski and derryb keep telling us it's worthless.

    No wonder y'all are confused. Lol

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • bidaskbidask Posts: 13,818 ✭✭✭✭✭

    @cohodk said:

    @percyb said:

    @blitzdude said:
    As the saying goes: "The gutter never disappoints". There's a reason they call it gutter metal. THKS!

    The dollar is simply worth more.

    But jmski and derryb keep telling us it's worthless.

    No wonder y'all are confused. Lol

    If you watched Buffet and Munger speak at the annua;lBerkshire gathering two weeks ago
    Buffet stated there is no substitute for US dollar

    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • jmski52jmski52 Posts: 22,265 ✭✭✭✭✭

    There's no immediate substitute which is why they think that they can still abuse the heck out of it. And raise taxes too!

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,758 ✭✭✭✭✭

    Buy in June ... when there's a full moon. :joy:

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