Price Of Gold Surges Over Thanksgiving For The First Time In 5 Years
Metalsman
Posts: 2,064 ✭✭✭
Well I suspect most conventional wisdom/history if off. We will seee lots of broken patterns in the coming years. My humble opinion..... PM's still the safest place to be unless you want to day trade and short stocks.
someone want to fix linky?...
http://seekingalpha.com/article/1025581-price-of-gold-surges-over-thanksgiving-for-the-first-time-in-5-years
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"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
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
5-6 month gold cycle bottoming in November along with stocks. If that twice per year bottom is behind us, should be a decent run for the next 4-5 months.
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
<< <i>I was at the Westchester (NY) Show yesterday and checked my phone on the metals when Joe Valardi (Gardner Coin) said silver was $34 and sure enough gold had jumped up too. A fellow offered me a nice better date high end ms62 $20 Lib. for $1830 (cash only) a dull looking 1906 $20 in ngc ms61 for around $2k an ms 62 $10s for around $1k. Cash only because he is trying to stay under the radar. I didn't have the cash on me. I just don't get it. There is nothing to be afraid of as long as you do proper deductions on taxes and keep an eye out for any sleazy operators trying to fence stolen pms. >>
I don't get why anyone would want lousy paper dollars.
Knowledge is the enemy of fear
<< <i>
<< <i>I was at the Westchester (NY) Show yesterday and checked my phone on the metals when Joe Valardi (Gardner Coin) said silver was $34 and sure enough gold had jumped up too. A fellow offered me a nice better date high end ms62 $20 Lib. for $1830 (cash only) a dull looking 1906 $20 in ngc ms61 for around $2k an ms 62 $10s for around $1k. Cash only because he is trying to stay under the radar. I didn't have the cash on me. I just don't get it. There is nothing to be afraid of as long as you do proper deductions on taxes and keep an eye out for any sleazy operators trying to fence stolen pms. >>
I don't get why anyone would want lousy paper dollars.
They ain't so bad. . . for now. I don't believe I'd be stacking them though.
"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
I think you answered your own question.
I knew it would happen.
Knowledge is the enemy of fear