Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Precious metals are only 1% of global financial assets. In 1980 and in the Great Depression this number was 20-25%. If you think gold and silver are bubbles I want you to meditate on this fact. You probably don't own any gold coins, silver bars, or baskets of mining stocks, and neither do your neighbors or relatives I would wager. You still might not buy if you're real stubborn and don't like learning history and politics, but others WILL.
The bubble is in fiat money and soverign debt. THIS IS THE BUBBLE children.
Don't BLAB about it to ANYONE when you get physical. Secure it and safeguard it like Houdini crossed with Al Capone. When you get some in your hand you might start to appreciate it more than you realize now.
Central banks and fiat PAPER are central planks from Karl Marx's COMMUNIST MANIFESTO people. Wake up. We are in economic hell. Your govt and the central bankers that own it and send your kids to THEIR WARS are laughing at you while the spit on you and kick sand in your face. Don't lie to yourself and deny this. See you at $2000 gold and $75 silver folks and then a hard "correction" where the next batch of top callers and gold haters will emerge proving how smart and correct they are ROFL
Many successful BST transactions ajia (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes, mariner67, and Mikes coins
I see the dollar index is way down. The last time it was this low gold shot up and broke $1400 for the first time. TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
It seemed the more Ben talked today, the higher silver and gold went. I don't think that he followed the script.
Pretty neat seeing that ATH "orange box" around the gold price on CNBC the entire time Ben was talking. You'd think the CNBC honchos could have figured out a way to "defuse" the orange highlights during the news conference.
<< <i>It seemed the more Ben talked today, the higher silver and gold went. I don't think that the followed the script.
Pretty neat seeing that ATH "orange box" around the gold price on CNBC the entire time Ben was talking. You'd think the CNBC honchos could have figured out a way to "defuse" the orange highlights during the news conference. >>
The dip that started Monday was technically very much needed, but it also lined up well to provide a nice pullback to give shorts a chance to get out. I think the markets might have hedged a surprise move by Bernake to cut QE or raise rates, but once it became clear this wasn't going to happen, the markets have now returned to the regularly scheduled program. Within a month I predict we'll be at $1580 gold and within a week $52 silver.
Funds maybe painting a picture. Last trading day of April. DP- is that the bid or the ask? I think it's the ask. Anyways, probably going higher regardless. MJ
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Interesting how gold and silver are not talking to each other these days.......
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
smoeone needs to send gold the memo that this is the summer
MJ
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Comments
Precious metals are only 1% of global financial assets. In 1980 and in the Great Depression this number was 20-25%. If you think gold and silver are bubbles I want you to meditate on this fact. You probably don't own any gold coins, silver bars, or baskets of mining stocks, and neither do your neighbors or relatives I would wager. You still might not buy if you're real stubborn and don't like learning history and politics, but others WILL.
The bubble is in fiat money and soverign debt. THIS IS THE BUBBLE children.
Don't BLAB about it to ANYONE when you get physical. Secure it and safeguard it like Houdini crossed with Al Capone. When you get some in your hand you might start to appreciate it more than you realize now.
Central banks and fiat PAPER are central planks from Karl Marx's COMMUNIST MANIFESTO people. Wake up. We are in economic hell. Your govt and the central bankers that own it and send your kids to THEIR WARS are laughing at you while the spit on you and kick sand in your face. Don't lie to yourself and deny this. See you at $2000 gold and $75 silver folks and then a hard "correction" where the next batch of top callers and gold haters will emerge proving how smart and correct they are ROFL
(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins
TD
but, think about it, how can one "congratulate" an inanimate object?
Did gold "do" something for which a lump of metal should be congratulated? Or is it certain human beings we're congratulating in this thread?
Ourselves maybe, for owning some of the yellow metal?
Liberty: Parent of Science & Industry
<< <i>Up nicely tonight, over 1515! >>
I have pay less attention to the price of silver. Gold at an all time high is no small matter.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
Seems that trading a 100 oz JM bar for 3 AGE's might not have been the sucker bet some thought it was.
roadrunner
(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins
(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins
(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins
Pretty neat seeing that ATH "orange box" around the gold price on CNBC the entire time Ben was talking. You'd think the CNBC honchos could have figured out
a way to "defuse" the orange highlights during the news conference.
roadrunner
<< <i>It seemed the more Ben talked today, the higher silver and gold went. I don't think that the followed the script.
Pretty neat seeing that ATH "orange box" around the gold price on CNBC the entire time Ben was talking. You'd think the CNBC honchos could have figured out
a way to "defuse" the orange highlights during the news conference. >>
The dip that started Monday was technically very much needed, but it also lined up well to provide a nice pullback to give shorts a chance to get out. I think the markets might have hedged a surprise move by Bernake to cut QE or raise rates, but once it became clear this wasn't going to happen, the markets have now returned to the regularly scheduled program. Within a month I predict we'll be at $1580 gold and within a week $52 silver.
(x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
mariner67, and Mikes coins
Stopped just $.10 shy of $1550.00
<< <i>Intra-day highs are all time highs, so I think they do count...
Stopped just $.10 shy of $1550.00 >>
Not anymore. $1550.80
>
Successful transactions on the BST boards with rtimmer, coincoins, gerard, tincup, tjm965, MMR, mission16, dirtygoldman, AUandAG, deadmunny, thedutymon, leadoff4, Kid4HOF03, BRI2327, colebear, mcholke, rpcolettrane, rockdjrw, publius, quik, kalinefan, Allen, JackWESQ, CON40, Griffeyfan2430, blue227, Tiggs2012, ndleo, CDsNuts, ve3rules, doh, MurphDawg, tennessebanker, and gene1978.
Anyways, probably going higher regardless. MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>Not anymore. $1550.80 >>
Not in futures or any market I can trade (unless you can provide more info)... but the YG (mini contract) did hit 1550.00
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Yup.
I knew it would happen.
MJ
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
<< <i>smoeone needs to send gold the memo that this is the summer
MJ >>
The drunken Bernank in board shorts with a QE3 Mai Tai in his hairy hand is what makes summer so exciting for the PM's MJ!
Miles