<< <i>I wonder how long this buying opportunity will last. A day? >>
Most of the PM Forum experts are saying.....Bears are in control and should lead to lower prices in the next few days. Now, if you are a contrarian, expect the opposite. Hope this helps.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
<< <i>I wonder how long this buying opportunity will last. A day? >>
Most of the PM Forum experts are saying.....Bears are in control and should lead to lower prices in the next few days. Now, if you are a contrarian, expect the opposite. Hope this helps.[/
I agree, we could see a slide further here in both the stock market and metals. The dollar was overdue for a bounce but I seriously doubt it will last for a long time, as long as the dollar trends up equities and commodities will go down. I do think that Silver will present a buying opportunity in the next few days especially if it breaks below $17 down to $16 or so.
I'm wondering if i should unload some Palladium here as it's had a huge runup in price.
The Forum Gurus did call this slide correctly. I'm holding on to my Palladium until or when (if ever) it goes above $475. I'll wait for the bounce of the bottom before adding any more physical Gold or Silver.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
I sold some Palladium today for $430 an oz. then used some of the proceeds to buy a 2009 Sealed yellow box of Maples at $9,500
I will probably be wrong but whenever Palladium has made a huge run in price like this past year it has always fallen faster, so even with the new etf's in PGM's I decided to grab some gains this time of over $200 an oz. get some more Silver and sit on cash waiting to either buy back palladium or more Silver should it fall another $1-2 an oz.
timcoin
Posts: 674 ✭
Comments
<< <i>I wonder how long this buying opportunity will last. A day? >>
Most of the PM Forum experts are saying.....Bears are in control and should lead to lower prices in the next few days. Now, if you are a contrarian, expect the opposite. Hope this helps.
<< <i>
<< <i>I wonder how long this buying opportunity will last. A day? >>
Most of the PM Forum experts are saying.....Bears are in control and should lead to lower prices in the next few days. Now, if you are a contrarian, expect the opposite. Hope this helps.
I agree, we could see a slide further here in both the stock market and metals. The dollar was overdue for a bounce but I seriously doubt it will last for a long time, as long as the dollar trends up equities and commodities will go down.
I do think that Silver will present a buying opportunity in the next few days especially if it breaks below $17 down to $16 or so.
I'm wondering if i should unload some Palladium here as it's had a huge runup in price.
I will probably be wrong but whenever Palladium has made a huge run in price like this past year it has always fallen faster, so even with the new etf's in PGM's I decided to grab some gains this time of over $200 an oz. get some more Silver and sit on cash waiting to either buy back palladium or more Silver should it fall another $1-2 an oz.