Today's Au & Ag charts

RedneckHB · July 11, 2017 7:57PM

@CaptHenway said:
Yes, the Economy is doing well thanks to eight years of good leadership prior to Jan. 20, 2017, but please re-read what I said, or have somebody read it to you.

The economy has done well because we, the people, are greater than any Govt. People gotta eat, gotta stay warm and dry, and like to practice making babies which leads to an increasing population and growing demand for the aforementioned.

The death of the USA will take much more than poor politics. The last 200 years demonstrates that.

gsa1fan · July 12, 2017 6:32AM

I had a 8 month vacation talking about politics. Yall be careful.

gsa1fan · July 18, 2017 4:16AM

ttt

CaptHenway · July 18, 2017 9:59AM

Gold up because I sold 12 ounces Saturday to cover some construction bills.

OPA · July 18, 2017 10:28AM

@CaptHenway said:
Gold up because I sold 12 ounces Saturday to cover some construction bills.

Are you planning on selling more?

CaptHenway · July 18, 2017 11:08AM

@OPA said:

@CaptHenway said:
Gold up because I sold 12 ounces Saturday to cover some construction bills.

Are you planning on selling more?

Ten thousand ounces!!!!!!

VanHalen · July 18, 2017 3:14PM

The runaway train just keeps on finding new people to exploit. Caesar said, "We can grow forever!" Yes indeed.

CaptHenway · July 21, 2017 11:26AM

Dollar down, gold up.

gsa1fan · August 15, 2017 11:30AM

ttt

Baley · August 15, 2017 7:42PM

I remember when this thread got ttt
twice a day, rather than once a month

hickoryridge · August 22, 2017 4:17AM

ttt

derryb · August 22, 2017 6:30AM

Dollar index should start a steady climb now that Bannon is out. He was a strong supporter of a weak dollar in his trade battles.

CaptHenway · August 24, 2017 9:16AM

@CaptHenway said:
I see that the U.S. Dollar Index is dropping close to 100. I believe that we will see it drop well below 100, and that precious metals will gain from the drop.
My opinion only. Your mileage may vary.
TD

Down to 93.27 after seven months. Gold not up as much as I expected.

RedneckHB · August 25, 2017 10:01AM

Good call Capt. I didn't expect the dollar to drop as much as it did.

CaptHenway · August 29, 2017 7:10AM

Dollar index now under 92. Gold up nicely.

gsa1fan · September 5, 2017 1:37PM

ttt

derryb · September 5, 2017 6:08PM

@CaptHenway said:
Dollar index now under 92. Gold up nicely.

90 is their goal.

CaptHenway · September 7, 2017 10:16AM

Getting there.

gsa1fan · September 19, 2017 4:41AM

ttt

CaptHenway · September 25, 2017 4:42PM

BOING!!!

gsa1fan · September 28, 2017 8:13AM

dive

jmski52 · September 28, 2017 10:08AM

I think that holders of precious metals should be prepared for a stock market decline that directly impacts their holdings as contracts are liquidated to compensate for stock market losses.

If you can weather that problem, now is a fine time to continue normal accumulation - otherwise, it would be wise to plan operating budgets around a liquidity event by holding enough cash aside.

As I recall, precious metals recovered much more quickly and even outperformed most everything else after the 2008 event, but it took a little while for the flight to gold to take place. In other words, don't be vulnerable to a shakeout.

RedneckHB · September 28, 2017 12:40PM

be prepared for a stock market decline that directly impacts their holdings as contracts are liquidated to compensate for stock market losses

When the sp500 dropped 13% in Jan/Feb 2016, gold went from 1060 to 1260.

jmski52 · September 28, 2017 1:15PM

When the sp500 dropped 13% in Jan/Feb 2016, gold went from 1060 to 1260.

I must not have even noticed.

derryb · September 28, 2017 6:37PM

@jmski52 said:

As I recall, precious metals recovered much more quickly and even outperformed most everything else after the 2008 event, but it took a little while for the flight to gold to take place. In other words, don't be vulnerable to a shakeout.

Agree, buy during the shakeout.

RedneckHB · September 28, 2017 8:39PM

@jmski52 said:
When the sp500 dropped 13% in Jan/Feb 2016, gold went from 1060 to 1260.

I must not have even noticed.

The drop in stocks, or rally in gold? Most folks don't know the average stock dropped 20% in 2015/2016, and I believe is their basis for thinking a bigger drop is forthcoming.

RedneckHB · September 28, 2017 8:41PM

@derryb said:

@jmski52 said:

As I recall, precious metals recovered much more quickly and even outperformed most everything else after the 2008 event, but it took a little while for the flight to gold to take place. In other words, don't be vulnerable to a shakeout.

Agree, buy during the shakeout.

Best time to buy anything is when it's on sale, especially productive assets.

jmski52 · September 29, 2017 8:43AM

The drop in stocks, or rally in gold?

Neither one. I'm busy managing my holdings and not letting them manage me.

RedneckHB · September 29, 2017 9:16AM

Gave ya the thumbs up.

gsa1fan · October 4, 2017 7:04AM

ttt

gsa1fan · October 16, 2017 1:48AM

ttt

OldEastside · November 6, 2017 9:52AM

weeeeeee

Steve

TwoSides2aCoin · November 6, 2017 10:33AM

It's just a burp like a bubble in a boiling vat.

hickoryridge · December 13, 2017 9:08AM

ttb

Baley · December 29, 2017 10:44AM

Well how about that, even the metals are up a bit as 2017 draws to a close..

dpoole · December 29, 2017 11:17AM

@TwoSides2aCoin said:
It's just a burp like a bubble in a boiling vat.

Even a burp tastes good smoetimes...

derryb · December 29, 2017 11:48AM

oil is driving metals up

RedneckHB · December 29, 2017 12:17PM

@derryb said:
oil is driving metals up

What a tug of war.....oil pushing up and futures pushing down. Lol

derryb · December 29, 2017 12:42PM

@cohodk said:

@derryb said:
oil is driving metals up

What a tug of war.....oil pushing up and futures pushing down. Lol

and bitcoin pulling sideways

RedneckHB · December 29, 2017 12:47PM

@derryb said:

@cohodk said:

@derryb said:
oil is driving metals up

What a tug of war.....oil pushing up and futures pushing down. Lol

and bitcoin pulling sideways

It's New Years derryb, New Years. Not April 1.

derryb · December 29, 2017 1:01PM

Just making sure you could read the calendar. Now work on the charts.

SurfinxHI · January 19, 2018 10:54PM

Shut down Friday!

CaptHenway · January 21, 2018 1:04PM

Will be interesting to see if the Dollar drops off the edge of the table top when trading opens in three hours, and if so if gold goes in the opposite direction.

Or not.

CaptHenway · January 24, 2018 8:06AM

Took a few days for the Dollar to break below 90, but it did with a vengeance.

CaptHenway · January 24, 2018 3:19PM

Treasury Secretary says weak dollar is good:

http://thehill.com/policy/finance/370566-dollar-drops-to-3-year-low-after-mnuchin-praises-weak-us-currency?__twitter_impression=true

RedneckHB · January 24, 2018 8:01PM

@CaptHenway said:
Treasury Secretary says weak dollar is good:

http://thehill.com/policy/finance/370566-dollar-drops-to-3-year-low-after-mnuchin-praises-weak-us-currency?__twitter_impression=true

It's especially good for companies that have a lot of cash overseas and can bring it home for just a small tax. Interesting that the dollar index is down by about as much as the tax. Cool.

CaptHenway · January 25, 2018 1:10PM

And now Trump sabotages Mnuchin's sabotage of the U.S. Dollar:

http://www.kitco.com/news/2018-01-25/Donald-Trump-s-Strong-Dollar-Comments-Push-Gold-Prices-To-Session-Lows.html

If anybody has any idea what in the heck this Administration really wants, please tell it.

derryb · January 25, 2018 1:47PM

@CaptHenway said:

If anybody has any idea what in the heck this Administration really wants, please tell it.

DOW 100K

RedneckHB · January 25, 2018 4:28PM

@derryb said:

@CaptHenway said:

If anybody has any idea what in the heck this Administration really wants, please tell it.

DOW 100K

From your lips to God's ears.

CaptHenway · January 26, 2018 12:22PM

The Dollar has now slipped below 89, despite Trump's effort to support it yesterday in Switzerland.

Today's Au &amp; Ag charts

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Today's Au & Ag charts