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Gold at $1800 and Silver at $40... Is this the New Normal?

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  • bidaskbidask Posts: 14,017 ✭✭✭✭✭
    stocks at an all time high image
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • BaleyBaley Posts: 22,660 ✭✭✭✭✭


    << <i>

    << <i>The problem I see is that globally there is more debt [and debt destruction] than ECBs count ever hope to replace. The end result will be a globe that is "worth" much less than today.

    I tend to agree with this.

    did I say gold 1800 silver 40? I know it was just last week, but maybe the New Normal (for now image ) is Gold $1600 and Silver $30 >>



    Don't blink ... how about $1500 & $25 ... we are getting there >>



    Ok, ok, it seems the new New NEW normal is gold $1300 and Silver $22.

    Wai... Wha?

    Liberty: Parent of Science & Industry

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,291 ✭✭✭✭✭
    New ? Normal ?
    Like a girlfriend or a woman. Go figure.
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭

    @cohodk said:
    << <i>

    << <i>What happens if the dollar index also stabilizes in the 76-80 range? >>

    Then Washington has become Baleyville. >>

    What if the dollar index stabilizes in the 90-100 range?

    Well, that would be interesting 😉

    Liberty: Parent of Science & Industry

  • cohodkcohodk Posts: 19,123 ✭✭✭✭✭

    @Baley said:

    would this board become incredibly boring, or stay the same exciting, stimulating place it has been the past couple years?

    Some of us tried to keep it exciting, but mostly its been boring.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • cohodkcohodk Posts: 19,123 ✭✭✭✭✭

    @cohodk said:

    What if the dollar index stabilizes in the 90-100 range?

    Dang!!!

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • cohodkcohodk Posts: 19,123 ✭✭✭✭✭

    @cohodk said:
    << <i>then it becomes Cohodkville Deluxe! >>

    I just hope it stops at 100.

    Dang again!!! Lol

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭

    @bidask said:
    stocks at an all time high (Image)

    Yup 😉😁

    Liberty: Parent of Science & Industry

  • MsMorrisineMsMorrisine Posts: 33,077 ✭✭✭✭✭
    edited February 22, 2020 4:39PM

    on Friday a talking head on CNBC's fast money segment said $1950s again

    someone on CNBC was bullish silver looking for a breakout.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • coinpalicecoinpalice Posts: 2,453 ✭✭✭✭✭

    silver won't hit 30/ounce anytime soon

  • MilesWaitsMilesWaits Posts: 5,356 ✭✭✭✭✭

    The SHTF metal will and has always has been GLD.

    Now riding the swell in PM's and surf.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭

    I love these old threads. It proves we can't predict anything. It's all a WAG. ;)

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