@jmski52 said:
Yup, they aren't being paid to report the whole story "because there are too many variables". If they were doing >their jobs, they'd be reporting on all of the variables, not just the ones that fit their narrative.
No....and clearly you haven't researched this, JM.
There are huge state players -- Russia, China, South American countries -- that have very opaque reporting. They deliver false numbers....inaccurate numbers....numbers they think are legit but were fed bad data from a state actor....etc.
Then you have SWFs, hedge funds, and institutional investors which can store the metal in various locations off-site. You also have PRIVATELY negotiated swap, derivative, and physical agreements. Speculators, retail, wholesale, hedgers, industrial users, etc.
It's a polglot of dozens of variable and even folks who have followed ALL of this for DECADES will tell you you can only make an EDUCATED GUESS.
@jmski52 said:
Yup, they aren't being paid to report the whole story "because there are too many variables". If they were doing >their jobs, they'd be reporting on all of the variables, not just the ones that fit their narrative.
No....and clearly you haven't researched this, JM.
There are huge state players -- Russia, China, South American countries -- that have very opaque reporting. They deliver false numbers....inaccurate numbers....numbers they think are legit but were fed bad data from a state actor....etc.
Then you have SWFs, hedge funds, and institutional investors which can store the metal in various locations off-site. You also have PRIVATELY negotiated swap, derivative, and physical agreements. Speculators, retail, wholesale, hedgers, industrial users, etc.
It's a polglot of dozens of variable and even folks who have followed ALL of this for DECADES will tell you you can only make an EDUCATED GUESS.
Perception is what drives markets and there is a perception that supplies are limited. True or not it is affecting price.
When gold and silver move together, it signals the coming end of fiat money.
@jmski52 said:
Yes, and most ofthe people who have followed this for decades and can only make an educated guess DON"T >WORK in the financial mainstream press.
They appear on TV alongside them. They speak to them. I used to get calls from CNBC reporters all the time.
The only "experts" that appear on CNBC are stock and bond market advocates or shills until just recently. I give Gundlach credit for changing his stance.
Q: Are You Printing Money? Bernanke: Not Literally
@jmski52 said:
Yes, and most ofthe people who have followed this for decades and can only make an educated guess DON"T >WORK in the financial mainstream press.
They appear on TV alongside them. They speak to them. I used to get calls from CNBC reporters all the time.
What you hear on CNBC is no more reliable than is the internet. The only difference is CNBC is spoon fed their press releases while on the internet anyone can claim anything to be true.
When gold and silver move together, it signals the coming end of fiat money.
@derryb said:
What you hear on CNBC is no more reliable than is the internet. The only difference is CNBC is spoon fed their >press releases while on the internet anyone can claim anything to be true.
The difference is that if you go on CNBC or a biz channel, your name is out there. You are quoting "sources" with no name behind it. Totally scurillous.
@derryb said:
What you hear on CNBC is no more reliable than is the internet. The only difference is CNBC is spoon fed their >press releases while on the internet anyone can claim anything to be true.
The difference is that if you go on CNBC or a biz channel, your name is out there. You are quoting "sources" with no name behind it. Totally scurillous.
Even they have no shame. Charletons at best.> @ProofCollection said:
@GoldFinger1969 said:
Gold/Silver ratio in the 20's ? Can't see it.
If silver got to $100 -- huge stretch -- you'd need gold below $3,000.
Human beings have a propensity to believe only the normal they have lived and breathed as possible. The GSR was around 15/1 for hundreds of years.
The stone ages? RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Comments
They always provided a balance, its called price. But why is price at record highs? lol
When gold and silver move together, it signals the coming end of fiat money.
No....and clearly you haven't researched this, JM.
There are huge state players -- Russia, China, South American countries -- that have very opaque reporting. They deliver false numbers....inaccurate numbers....numbers they think are legit but were fed bad data from a state actor....etc.
Then you have SWFs, hedge funds, and institutional investors which can store the metal in various locations off-site. You also have PRIVATELY negotiated swap, derivative, and physical agreements. Speculators, retail, wholesale, hedgers, industrial users, etc.
It's a polglot of dozens of variable and even folks who have followed ALL of this for DECADES will tell you you can only make an EDUCATED GUESS.
Perception is what drives markets and there is a perception that supplies are limited. True or not it is affecting price.
When gold and silver move together, it signals the coming end of fiat money.
It's a polglot of dozens of variable and even folks who have followed ALL of this for DECADES will tell you you can only make an EDUCATED GUESS.
Yes, and most ofthe people who have followed this for decades and can only make an educated guess DON"T WORK in the financial mainstream press.
I knew it would happen.
Maybe, but that website sure isn't.
Come on, it's a promotional site. "Long believed" -- huh ? "Allegedly at the behest of the U.S. Govt" -- are they serious ?
They appear on TV alongside them. They speak to them. I used to get calls from CNBC reporters all the time.
The only "experts" that appear on CNBC are stock and bond market advocates or shills until just recently. I give Gundlach credit for changing his stance.
I knew it would happen.
What you hear on CNBC is no more reliable than is the internet. The only difference is CNBC is spoon fed their press releases while on the internet anyone can claim anything to be true.
When gold and silver move together, it signals the coming end of fiat money.
That's why I couched the statement the way that I did. When I have solid info I present it differently.
The difference is that if you go on CNBC or a biz channel, your name is out there. You are quoting "sources" with no name behind it. Totally scurillous.
Even they have no shame. Charletons at best.> @ProofCollection said:
Plat has more than doubled this year and is expected to continue upward.
When gold and silver move together, it signals the coming end of fiat money.
MONEX currently quoting one ounce platinum eagles @ $2,000
Gold/Silver ratio in the 20's ? Can't see it.
If silver got to $100 -- huge stretch -- you'd need gold below $3,000.
ratio was 65 tues nite, when silver was popping near 66.46 and gold was 4341.
Gold/Silver ratio in the 20's ? Can't see it.
A silver market like this can easily overshoot.
If silver got to $100 -- huge stretch -- you'd need gold below $3,000.
Both gold and silver are rising and they correlate highly. $100 silver at a GSR of 60 = $6,000 gold which is entirely possible.
By extension, if GSR = 20 and both metals are highly correlated and rising, $6,000 gold implies $300 silver.
Don't you think this is possible? I do. The precious metals markets are re-calibrating.
I knew it would happen.
Human beings have a propensity to believe only the normal they have lived and breathed as possible. The GSR was around 15/1 for hundreds of years.
COPPER is gutter !
The stone ages? RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?