Buy in May and go away.

TwoSides2aCoin

I like the dip anytime.

johnny9434

So do I 🙂

blitzdude

@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!

TwoSides2aCoin

@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 ?

ricko

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

Goldminers

@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

percyb

@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.

psuman08

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

TwoSides2aCoin

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

blitzdude

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

dcarr

@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.

jmski52

It's called "sour grapes".

percyb

@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.

cohodk

@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

bidask

@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

jmski52

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

TwoSides2aCoin

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