Yup, I'm sure things are boomin' around DC with tons of newly-created and taxpayer money splashing all over the place.
If it's so great, why are you raising chickens, storing lots of beans and living outside the city?
Because I want to live free in gods country my brother. Just as generations of fellow patriots have done before me. Being a city chicken aint for me. RGDS!> @Goldminers said:
@Goldminers said:
It just hit the resistance at 31.20 range that I mentioned after the half point cut. This is a level to watch closely. I expect profit taking for a while. Sold my SLV.
Now $31.0
and now $30.25. You really have to be quick. Buy the rumor, sell the news.
The gutter no like it. Groundhog day yet again. RGDS!
Back up overnight to test the same resistance at $31.22. If it can break above this long-term resistance, strong chance it will hit $35 before year-end.
Yup, I'm sure things are boomin' around DC with tons of newly-created and taxpayer money splashing all over the place.
If it's so great, why are you raising chickens, storing lots of beans and living outside the city?
Because I want to live free in gods country my brother. Just as generations of fellow patriots have done before me. Being a city chicken aint for me. RGDS!> @Goldminers said:
@Goldminers said:
It just hit the resistance at 31.20 range that I mentioned after the half point cut. This is a level to watch closely. I expect profit taking for a while. Sold my SLV.
Now $31.0
and now $30.25. You really have to be quick. Buy the rumor, sell the news.
The gutter no like it. Groundhog day yet again. RGDS!
Back up overnight to test the same resistance at $31.22. If it can break above this long-term resistance, strong chance it will hit $35 before year-end.
I am showing $31.40
That is an ask price. Bid is $31.29 right now. It looks like another attempt to break out and got close to similar levels and again fading. To see any realistic hope for a strong up move, it needs to breakout strong above this resistance line and it has not done that at all yet. This is YTD and you can see where it has topped each time so far.
Silver is now just above the double top highs of $32.02/ounce spot around June 2024, and if it closes where it is now, it will be a 10-year high. The China money printing and interest rate reduction, combined with the Fed doing the same thing was just what it needed to go for a breakout.
@Goldminers said:
It just hit the resistance at 31.20 range that I mentioned after the half point cut. This is a level to watch closely. I expect profit taking for a while. Sold my SLV.
The gutter no like it. Groundhog day yet again. RGDS!
Lookin forward to seeing you at the finish line
"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
@Goldminers said:
It just hit the resistance at 31.20 range that I mentioned after the half point cut. This is a level to watch closely. I expect profit taking for a while. Sold my SLV.
The gutter no like it. Groundhog day yet again. RGDS!
@Goldminers said:
It just hit the resistance at 31.20 range that I mentioned after the half point cut. This is a level to watch closely. I expect profit taking for a while. Sold my SLV.
The gutter no like it. Groundhog day yet again. RGDS!
Lookin forward to seeing you at the finish line
What the finish line?
you'll know it when you cross it.
"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
@Goldminers said:
It just hit the resistance at 31.20 range that I mentioned after the half point cut. This is a level to watch closely. I expect profit taking for a while. Sold my SLV.
The gutter no like it. Groundhog day yet again. RGDS!
@Goldminers said:
It just hit the resistance at 31.20 range that I mentioned after the half point cut. This is a level to watch closely. I expect profit taking for a while. Sold my SLV.
The gutter no like it. Groundhog day yet again. RGDS!
Lookin forward to seeing you at the finish line
What the finish line?
you'll know it when you cross it.
No one knows when theyre dead.
.
What IS the finish line? I guess for me there is none.... rather I just aim to try to gain/preserve enough assets for as long as I need to live a somewhat manageable life.
Silver on a strong jolt at least for now. Though it may not be any where near the all time high, as some like to point out. BUT... just look at the longer term graphs. If it doesn't open your eyes to what is going on.,.... !
Silver has now broken through the upper resistance and should be ready to move up to $35.
The junior miners in both gold and silver are also headed up and getting new attention from the masses and the larger companies who need to do some takeovers before it is too late for decent pricing deals.
@tincup said:
Silver on a strong jolt at least for now. Though it may not be any where near the all time high, as some like to point out. BUT... just look at the longer term graphs. If it doesn't open your eyes to what is going on.,.... !
So what exactly is going on? That the gutter is finally back to half it's 1980 value
@tincup said:
Silver on a strong jolt at least for now. Though it may not be any where near the all time high, as some like to point out. BUT... just look at the longer term graphs. If it doesn't open your eyes to what is going on.,.... !
So what exactly is going on? That the gutter is finally back to half it's 1980 value
What's going on? Silver is on its way to new highs. And that 1980 high was an anomaly (Hunt Brothers) with most buyers here on the forum building their stack in later years at much, much lower prices. FWIW that $50 high, adjusted for inflation, is $140. And yes, silver will beat that.
"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
@tincup said:
Silver on a strong jolt at least for now. Though it may not be any where near the all time high, as some like to point out. BUT... just look at the longer term graphs. If it doesn't open your eyes to what is going on.,.... !
So what exactly is going on? That the gutter is finally back to half it's 1980 value
Ah blitz... you really are so stuck on that 'all time high' mantra that you are really not seeing the trend? I know you don't like silver, but hey, that's ok. And gold is certainly the #1 asset in my opinion. But still.... how can one ignore or pretend that trend is not occurring with silver? And yes.... certainly it can dive again, and I would not be surprised.
And now... speaking of gold.... BOA calls Gold "Ultimate Asset" as Bullion Surges Above $2700
Seems like just yesterday all I heard was that gold was a barbarous relic. And every financial 'advisor' / 'expert' was saying don't put your money in gold.... you can't eat it, etc.
Hmmm.... maybe it's time to cash in everything and put it in 'bitcoin'. (yeah, right).
@Goldminers said:
I have been wondering about USDC stablecoins since Stripe is getting into it for quick payments with cheaper fees than CC and PayPal for transactions.
Any thoughts?
I don't foresee any massive demand in the near future for any crypto based on it use in transactions. Crypto, for a while, will remain a speculative play and for that reason I limit my exposure to Bitcoin and Ethereum.
"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
@tincup said:
Silver on a strong jolt at least for now. Though it may not be any where near the all time high, as some like to point out. BUT... just look at the longer term graphs. If it doesn't open your eyes to what is going on.,.... !
So what exactly is going on? That the gutter is finally back to half it's 1980 value
Ah blitz... you really are so stuck on that 'all time high' mantra that you are really not seeing the trend? I know you don't like silver, but hey, that's ok. And gold is certainly the #1 asset in my opinion. But still.... how can one ignore or pretend that trend is not occurring with silver? And yes.... certainly it can dive again, and I would not be surprised.
My gutter DCA is currently $19.70 for physical and $24.43 for the paper. Hopefully I can find someone dumb enough to buy the physical this time around.
My gold has done much better though. I actually sold some gold for the first time in my life yesterday. Only 13ozt. but as of this afternoon the farm is officially paid off and I hold no more debt. RGDS!
@tincup said:
Silver on a strong jolt at least for now. Though it may not be any where near the all time high, as some like to point out. BUT... just look at the longer term graphs. If it doesn't open your eyes to what is going on.,.... !
So what exactly is going on? That the gutter is finally back to half it's 1980 value
Ah blitz... you really are so stuck on that 'all time high' mantra that you are really not seeing the trend? I know you don't like silver, but hey, that's ok. And gold is certainly the #1 asset in my opinion. But still.... how can one ignore or pretend that trend is not occurring with silver? And yes.... certainly it can dive again, and I would not be surprised.
My gutter DCA is currently $19.70 for physical and $24.43 for the paper. Hopefully I can find someone dumb enough to buy the physical this time around.
My gold has done much better though. I actually sold some gold for the first time in my life yesterday. Only 13ozt. but as of this afternoon the farm is officially paid off and I hold no more debt. RGDS!
2011 bag holder needs Validation BIGLY
Farmer...get busy a plantin' you's some self respect
@tincup said:
Silver on a strong jolt at least for now. Though it may not be any where near the all time high, as some like to point out. BUT... just look at the longer term graphs. If it doesn't open your eyes to what is going on.,.... !
So what exactly is going on? That the gutter is finally back to half it's 1980 value
Ah blitz... you really are so stuck on that 'all time high' mantra that you are really not seeing the trend? I know you don't like silver, but hey, that's ok. And gold is certainly the #1 asset in my opinion. But still.... how can one ignore or pretend that trend is not occurring with silver? And yes.... certainly it can dive again, and I would not be surprised.
My gutter DCA is currently $19.70 for physical and $24.43 for the paper. Hopefully I can find someone dumb enough to buy the physical this time around.
My gold has done much better though. I actually sold some gold for the first time in my life yesterday. Only 13ozt. but as of this afternoon the farm is officially paid off and I hold no more debt. RGDS!
2011 bag holder needs Validation BIGLY
Farmer...get busy a plantin' you's some self respect
I own 1 roll of gutter ASE purchased in 2011. That's it. Stack on, you almost be back to break even (non-inflation adjusted). LOL THKS!
@jmski52 said:
The market knows that something's up. Plan accordingly.
It does seem to me that gold is moving up too fast and too long without a significant correction for things to be "normal". I feel uneasy as well that something of concern is lurking out there. Market black swans, major earthquake, more war shocks or events, actual BRICS agreements, etc.
Silver does tend to jump in big spikes up and down, but it is acting like it is being purchased by some bigger players or countries for strategic, physical, or future economic use.
@Goldminers said:
I have been wondering about USDC stablecoins since Stripe is getting into it for quick payments with cheaper fees than CC and PayPal for transactions.
Any thoughts?
I don't foresee any massive demand in the near future for any crypto based on it use in transactions. Crypto, for a while, will remain a speculative play and for that reason I limit my exposure to Bitcoin and Ethereum.
Crypto is not all speculative. Crypto is a perfect currency for money laundering, the entire planet can use it to move money on a thumb drive. A buddy of mine was early on in putting in ATM's for Bitcoin and it was miners and drug dealers who used the ATM's in the beginning.
Comments
I am showing $31.40
That is an ask price. Bid is $31.29 right now. It looks like another attempt to break out and got close to similar levels and again fading. To see any realistic hope for a strong up move, it needs to breakout strong above this resistance line and it has not done that at all yet. This is YTD and you can see where it has topped each time so far.
My US Mint Commemorative Medal Set
Silver is trying to make a move up and now is getting close to getting back to the July highs.
My US Mint Commemorative Medal Set
Oh my.... silver be BOOMIN' today. But we've seen those fireworks before.... will see how high it flies until it fizzles out.
Oh my.... silver be BOOMIN' today. But we've seen those fireworks before.... will see how high it flies until it fizzles out.
Hold on tight, tincup. The ride's just started.
I knew it would happen.
Silver is now just above the double top highs of $32.02/ounce spot around June 2024, and if it closes where it is now, it will be a 10-year high. The China money printing and interest rate reduction, combined with the Fed doing the same thing was just what it needed to go for a breakout.
My US Mint Commemorative Medal Set
Lookin forward to seeing you at the finish line
"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
What the finish line?
Knowledge is the enemy of fear
you'll know it when you cross it.
"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 one knows when theyre dead.
Knowledge is the enemy of fear
.
What IS the finish line? I guess for me there is none.... rather I just aim to try to gain/preserve enough assets for as long as I need to live a somewhat manageable life.
Silver on a strong jolt at least for now. Though it may not be any where near the all time high, as some like to point out. BUT... just look at the longer term graphs. If it doesn't open your eyes to what is going on.,.... !
Click on the 'all' chart tab for the trend from 1936.
https://kitco.com/charts/silver
Silver has now broken through the upper resistance and should be ready to move up to $35.
The junior miners in both gold and silver are also headed up and getting new attention from the masses and the larger companies who need to do some takeovers before it is too late for decent pricing deals.
My US Mint Commemorative Medal Set
So what exactly is going on? That the gutter is finally back to half it's 1980 value
The whole worlds off its rocker, buy Gold™.
What's going on? Silver is on its way to new highs. And that 1980 high was an anomaly (Hunt Brothers) with most buyers here on the forum building their stack in later years at much, much lower prices. FWIW that $50 high, adjusted for inflation, is $140. And yes, silver will beat that.
"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
Ah blitz... you really are so stuck on that 'all time high' mantra that you are really not seeing the trend? I know you don't like silver, but hey, that's ok. And gold is certainly the #1 asset in my opinion. But still.... how can one ignore or pretend that trend is not occurring with silver? And yes.... certainly it can dive again, and I would not be surprised.
"Don't call it a comeback..I've been here for years"
Loves me some shiny!
And now... speaking of gold.... BOA calls Gold "Ultimate Asset" as Bullion Surges Above $2700
Seems like just yesterday all I heard was that gold was a barbarous relic. And every financial 'advisor' / 'expert' was saying don't put your money in gold.... you can't eat it, etc.
Hmmm.... maybe it's time to cash in everything and put it in 'bitcoin'. (yeah, right).
I have been wondering about USDC stablecoins since Stripe is getting into it for quick payments with cheaper fees than CC and PayPal for transactions.
Any thoughts?
My US Mint Commemorative Medal Set
I don't foresee any massive demand in the near future for any crypto based on it use in transactions. Crypto, for a while, will remain a speculative play and for that reason I limit my exposure to Bitcoin and Ethereum.
"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
My gutter DCA is currently $19.70 for physical and $24.43 for the paper. Hopefully I can find someone dumb enough to buy the physical this time around.
My gold has done much better though. I actually sold some gold for the first time in my life yesterday. Only 13ozt. but as of this afternoon the farm is officially paid off and I hold no more debt. RGDS!
The whole worlds off its rocker, buy Gold™.
2011 bag holder needs Validation BIGLY
Farmer...get busy a plantin' you's some self respect
Loves me some shiny!
I own 1 roll of gutter ASE purchased in 2011. That's it. Stack on, you almost be back to break even (non-inflation adjusted). LOL THKS!
The whole worlds off its rocker, buy Gold™.
Too bad you didn't buy a little physical silver, blitz.
Gold +1.05%
Silver +6.095%
Silver went up more than 6 times the rate of the increase in gold today.
I knew it would happen.
The market knows that something's up. Plan accordingly.
I knew it would happen.
It does seem to me that gold is moving up too fast and too long without a significant correction for things to be "normal". I feel uneasy as well that something of concern is lurking out there. Market black swans, major earthquake, more war shocks or events, actual BRICS agreements, etc.
Silver does tend to jump in big spikes up and down, but it is acting like it is being purchased by some bigger players or countries for strategic, physical, or future economic use.
My US Mint Commemorative Medal Set
Why would I want to load up on physical gutter with premiums when I got paper gutter with zero premiums?
My Au and the S&P500 continue to hit new all-time highs and I am 100% debt free. Life is good. RGDS!
The whole worlds off its rocker, buy Gold™.
Crypto is not all speculative. Crypto is a perfect currency for money laundering, the entire planet can use it to move money on a thumb drive. A buddy of mine was early on in putting in ATM's for Bitcoin and it was miners and drug dealers who used the ATM's in the beginning.