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The plunge continues in the Asia market....

AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
in Precious Metals
I've never seen anything like this. As bugs bunny used to say, Greusome, isn't it?
All coins kept in bank vaults.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!

Comments

  • mrpaseomrpaseo Posts: 4,753 ✭✭✭


    << <i>I've never seen anything like this. As bugs bunny used to say, Greusome, isn't it? >>

    Weeeeeeee, weee, wee, weeeeee
  • PokermandudePokermandude Posts: 2,713 ✭✭✭
    It is most similar to the drop in September '11. Breaking through so many support levels it could get ugly.

    I picked a bad time to go away (Europe!) for 5 weeks. Though it will save me from staring at the screen trying to time my big purchase. I'll probably hang off on buying any meaningful amount until I return... Unless something local pops up image
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Looks like it may continue into
    the US market tomorrow. image
    Timbuk3
  • tneigtneig Posts: 1,505 ✭✭✭
    Isn't anybody going to put up the picture!
    COA
  • carew4mecarew4me Posts: 3,471 ✭✭✭✭
    image

    Loves me some shiny!
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    Looks like Niagara Falls! image
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • VanHalenVanHalen Posts: 3,993 ✭✭✭✭✭
    It was less than 5 years ago that Ag fell to $9 and Au was $700.

    I was buying then. I was also buying at $15 and $1000. And at $19 and $1200.

    Sure looks like that $19 and $1200 buying opportunity will be coming around again. image
  • UnknownUnknown
    This content has been removed.
  • derrybderryb Posts: 36,825 ✭✭✭✭✭
    I have seen many things that can knock down the price of gold. I still haven't seen anything keep it down.

    "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: 3,993 ✭✭✭✭✭


    << <i>I have seen many things that can knock down the price of gold. I still haven't seen anything keep it down. >>



    I agree, if it does fall to $1200, it won't stay there long.

    This drop sure makes things more interesting. Seems like only last week we were talking about trading in a tight zone for years to come.......

    ........wait a minute! That was just last week!

    image
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    Looks like the bounce back has begun.
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • bosco5041bosco5041 Posts: 1,303 ✭
    Does anyone have any idea of what has happened?
  • CakesCakes Posts: 3,632 ✭✭✭✭✭


    << <i>Does anyone have any idea of what has happened? >>



    Typical panic, it could be a wild ride the next couple of years. All the silver I have stacked is long term, 10 plus years so I am not worried.
    Successful coin BST transactions with Gerard and segoja.

    Successful card BST transactions with cbcnow, brogurt, gstarling, Bravesfan 007, and rajah 424.
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