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I guess this is what a bear market looks like

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  • OperationButterOperationButter Posts: 1,672 ✭✭✭
    "The Mint, one of the world's largest gold and silver coin producers, may resume making platinum bullion coins after receiving requests from dealers, he said. It stopped making the coins in 2008 due to low demand."

    Big news!
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Gold will rise again (to paraphrase an old saying... image ) Cheers, RickO
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭
    Just so long as it makes us richer than all the neighbors. image
  • CaptHenwayCaptHenway Posts: 32,172 ✭✭✭✭✭
    And away we go!
    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: 36,837 ✭✭✭✭✭
    dollar index at its lowest in over three months. Should be positive for metals.

    Natural forces of supply and demand are the best regulators on earth.

  • BaleyBaley Posts: 22,661 ✭✭✭✭✭
    Hooray! image

    Liberty: Parent of Science & Industry

  • cohodkcohodk Posts: 19,155 ✭✭✭✭✭
    This is typically what happens. Investors rush in after a sharp drop expecting an immediate rebound. Demand is pulled forward and hence the rebound never comes ( at least for many, many lunar cycles) because tomorrow s buyers already bought today. Bull markets feed on dispair and right now I'm not sensing much.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>This is typically what happens. Investors rush in after a sharp drop expecting an immediate rebound. Demand is pulled forward and hence the rebound never comes ( at least for many, many lunar cycles) because tomorrow s buyers already bought today. Bull markets feed on dispair and right now I'm not sensing much. >>



    ...from a man full of despair

    [Also, note sigline image]
  • BaleyBaley Posts: 22,661 ✭✭✭✭✭
    More from "Dr. Doom"

    Liberty: Parent of Science & Industry

  • OPAOPA Posts: 17,121 ✭✭✭✭✭


    << <i>dollar index at its lowest in over three months. Should be positive for metals. >>



    If this was a positive experience, I would hate to see what a negative one looks like. image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • johnny9434johnny9434 Posts: 28,344 ✭✭✭✭✭


    << <i>Just so long as it makes us richer than all the neighbors. image >>

    yes indeed.
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