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Today's Au & Ag charts

1484951535456

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  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    I'm expecting a down week.

    Edited to add Monday opening prices:
    Silver 14.67
    Gold 1225

    "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

  • PerryHallPerryHall Posts: 46,132 ✭✭✭✭✭
    Originally posted by: derryb

    I'm expecting a down week.




    Why? Is it just a gut feeling or do you know something we don't know?image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    I know my gut.

    "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

  • PerryHallPerryHall Posts: 46,132 ✭✭✭✭✭
    Originally posted by: derryb

    I know my gut.




    What kind of batting average does your gut have?image

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    We'll know by Friday.

    "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

  • CuKevinCuKevin Posts: 1,722 ✭✭✭✭
    Originally posted by: derryb
    I'm expecting a down week.


    Gold, silver, both, or everything PM's?
    Zircon Cases - Protect Your Vintage Slabs www.ZirconCases.com
    Choice Numismatics www.ChoiceCoin.com

    CN eBay

    All of my collection is in a safe deposit box!
  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    don't they all tend to move together? It's only a week.

    "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

  • CuKevinCuKevin Posts: 1,722 ✭✭✭✭
    Originally posted by: PerryHall
    Originally posted by: derryb
    I know my gut.


    What kind of batting average does your gut have?image


    It's not off to a good start.
    Zircon Cases - Protect Your Vintage Slabs www.ZirconCases.com
    Choice Numismatics www.ChoiceCoin.com

    CN eBay

    All of my collection is in a safe deposit box!
  • PerryHallPerryHall Posts: 46,132 ✭✭✭✭✭
    Originally posted by: CuKevin

    Originally posted by: PerryHall

    Originally posted by: derryb

    I know my gut.




    What kind of batting average does your gut have?image




    It's not off to a good start.




    The week isn't over yet.image Let hope he's wrong.imageimage

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    Originally posted by: PerryHall
    Originally posted by: derryb
    I'm expecting a down week.


    Why? Is it just a gut feeling or do you know something we don't know?image


    My gut recognizes that silver didn't fair as well as gold recently, thus the jump in the GSR. I interpret this to mean that gold might have temporarily topped. A pull back in gold usually has the same affect on silver.

    "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

  • mariner67mariner67 Posts: 2,746 ✭✭✭
    Originally posted by: derryb
    Originally posted by: PerryHall
    Originally posted by: derryb
    I'm expecting a down week.


    Why? Is it just a gut feeling or do you know something we don't know?image


    My gut recognizes that silver didn't fair as well as gold recently, thus the jump in the GSR. I interpret this to mean that gold might have temporarily topped. A pull back in gold usually has the same affect on silver.



    I am wondering.....did you go DSLV?
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    Originally posted by: mariner67
    Originally posted by: derryb
    Originally posted by: PerryHall
    Originally posted by: derryb
    I'm expecting a down week.


    Why? Is it just a gut feeling or do you know something we don't know?image


    My gut recognizes that silver didn't fair as well as gold recently, thus the jump in the GSR. I interpret this to mean that gold might have temporarily topped. A pull back in gold usually has the same affect on silver.



    I am wondering.....did you go DSLV?

    currently playing NUGT and DUST, trying to hit the swings.

    "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

  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    Originally posted by: derryb
    I know my gut.



    Feed your gut some Alka Seltzerimage
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • jmski52jmski52 Posts: 22,847 ✭✭✭✭✭
    The metals seem perky today.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    Originally posted by: OPA
    Originally posted by: derryb
    I know my gut.



    Feed your gut some Alka Seltzerimage

    Took some NUGT earlier in the week. All is well.

    "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

  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    DJIA, metals and oil all up at the same time. image

    Bizzaro World. Somethings gotta give.

    "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

  • CaptHenwayCaptHenway Posts: 32,141 ✭✭✭✭✭
    Could somebody please post the roller coaster picture?

    Thanks
    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.
  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    Originally posted by: CaptHenway
    Could somebody please post the roller coaster picture?
    Thanks

    How about the boat pic?

    image

    "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

  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    image
    Avid collector of GSA's.
  • CaptHenwayCaptHenway Posts: 32,141 ✭✭✭✭✭
    UNSPLUNGE!!!
    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.
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Most of us buy-and-holders (stackers) continue to make and lose the same money in gold and silver, over and over again.



    wheeeeee!

    Liberty: Parent of Science & Industry

  • jmski52jmski52 Posts: 22,847 ✭✭✭✭✭
    Most of us buy-and-holders (stackers) continue to make and lose the same money in gold and silver, over and over again.

    Works for me! I must note that the metals remain the same and just sit there. It's the "money" that "gains" and "loses", whatever that means.

    I remember an old movie from a long, long time ago - H.G. Wells' "The Time Machine".

    From gold's perspective, it's very much like watching a time-lapse video as the march of time proceeds from one scene to the next in rapid sequence.

    A stack of metal just sits there and the only changes taking place are what's going on outside of the time machine. The stack of metal is still a stack of metal whenever it's needed.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • BustCudsBustCuds Posts: 1,096 ✭✭✭


    Dropping this morning image
  • BustCudsBustCuds Posts: 1,096 ✭✭✭


    Up one day...Down the next image
  • bonkroodbonkrood Posts: 796 ✭✭✭
    image
    image Steam Power
  • CaptHenwayCaptHenway Posts: 32,141 ✭✭✭✭✭
    Cue the roller coaster!
    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.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    image
    Avid collector of GSA's.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    image
    Avid collector of GSA's.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    image
    Avid collector of GSA's.
  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    image

    "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

  • CaptHenwayCaptHenway Posts: 32,141 ✭✭✭✭✭
    YEE-bleeping-HAH!!!!!
    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.
  • MilesWaitsMilesWaits Posts: 5,356 ✭✭✭✭✭
    Kerrrr-POP!
    Now riding the swell in PM's and surf.
  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    Dollar index breaking below 94 earlier in the week is what gold has been waiting on. Let's hope it sticks.

    "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

  • VanHalenVanHalen Posts: 3,984 ✭✭✭✭✭
    Originally posted by: derryb

    Dollar index breaking below 94 earlier in the week is what gold has been waiting on. Let's hope it sticks.




    So close to $1300. Oh so close.



    image



  • OperationButterOperationButter Posts: 1,672 ✭✭✭
    I already miss $14. Now I have to cough up more $ to get the same thing
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    image
    Avid collector of GSA's.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    image
    Avid collector of GSA's.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    image
    Avid collector of GSA's.
  • hickoryridgehickoryridge Posts: 236 ✭✭✭
    ttt
  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    Feb talking up the dollar with interest rate hike in June. If they don't hike this will become another missed buying opportunity. I'm buying.

    "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

  • CaptHenwayCaptHenway Posts: 32,141 ✭✭✭✭✭
    SPLUNGE!
    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.
  • CaptHenwayCaptHenway Posts: 32,141 ✭✭✭✭✭
    Cue the roller coaster!
    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.
  • MesquiteMesquite Posts: 4,075 ✭✭✭
    Bingo!
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
  • CaptHenwayCaptHenway Posts: 32,141 ✭✭✭✭✭
    Pa-phoom!!!!!!
    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.
  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    It's always nice to see PM's regaining some of their lost ground...
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • MesquiteMesquite Posts: 4,075 ✭✭✭
    Somebody at the FED must have said something stupid.
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    "Fear is on the rise and so is the price of gold."

    Declining bond yields adding fuel to metals as well.

    "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

  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    Per Wyckoff: "if gold breaks the $1,275 per ounce level, the next target is $1,308, its high for the year. That is a level that would bring in new buying and drive the yellow metal higher."

    I'm keeping my fingers crossed. Did gold & silver finally uncouple themselves from the dollar and oil?
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    gold and dollar both moving up. Look for one to break down. I predict gold will.

    "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

  • derrybderryb Posts: 36,818 ✭✭✭✭✭
    As the Brexit odds increase, so does gold.

    "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

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