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Wait for it, Wait for it, ...

ormandhormandh Posts: 3,111 ✭✭✭
in Precious Metals
I think that the markets will soar when the US does not default.

What do you think?image

-Dan
Numismasource ebay store

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    OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>I think that the markets will soar when the US does not default.

    What do you think?image

    -Dan >>



    What markets, the stock or PM? Today's action should give you a preview of what's in store.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    derrybderryb Posts: 36,202 ✭✭✭✭✭
    Gold Surged 17% In 15 Trading Days After Last Debt Ceiling Extension In 2011

    Keep an open mind, or get financially repressed -Zoltan Pozsar

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    cohodkcohodk Posts: 18,621 ✭✭✭✭✭


    << <i>I think that the markets will soar when the US does not default.

    What do you think?image

    -Dan >>



    The markets already know the US will not "default" and are priced accordingly.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>Gold Surged 17% In 15 Trading Days After Last Debt Ceiling Extension In 2011 >>



    Unlikely to repeat itself. I suspect silver will continue to trade in the $22.00 .. 10% + - range for the rest of this year.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    GambinotdxGambinotdx Posts: 95 ✭✭


    << <i>

    << <i>I think that the markets will soar when the US does not default.

    What do you think?image

    -Dan >>



    The markets already know the US will not "default" and are priced accordingly. >>



    Did you mean the markets were priced accordingly before or after the 205 point rally today? lol
    successful transactions with: vpr, robman, piecesofme, metalsman, gdavis70, agentjim007, ranshdow and more to come!
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    VanHalenVanHalen Posts: 3,807 ✭✭✭✭✭
    It's a tough time: Too late to work within the system and too early to shoot the b*st*rds.
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    OperationButterOperationButter Posts: 1,672 ✭✭✭
    to bad we cant just remove everyone from washington and start over, this time removing $ from the political scene.
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
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    jmski52jmski52 Posts: 22,373 ✭✭✭✭✭
    I love predictions that don't give any specifics about what they're talking about.

    "the markets" lol
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Modest gains in gold and silver..... Cheers, RickO
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    cohodkcohodk Posts: 18,621 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>I think that the markets will soar when the US does not default.

    What do you think?image

    -Dan >>



    The markets already know the US will not "default" and are priced accordingly. >>



    Did you mean the markets were priced accordingly before or after the 205 point rally today? lol >>




    Yup. The DOW and PMs are almost exactly where they were 5 months ago. The markets priced in these shenanigans before you even thought about them.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    OverdateOverdate Posts: 6,937 ✭✭✭✭✭


    << <i>I think that the markets will soar when the US does not default. >>


    Nope, my market's in the same place it was yesterday. I picked up three apples and a loaf of bread. image

    My Adolph A. Weinman signature :)

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    MetalsmanMetalsman Posts: 2,033 ✭✭✭


    << <i>

    << <i>

    << <i>

    << <i>I think that the markets will soar when the US does not default.

    What do you think?image

    -Dan >>



    The markets already know the US will not "default" and are priced accordingly. >>



    Did you mean the markets were priced accordingly before or after the 205 point rally today? lol >>




    Yup. The DOW and PMs are almost exactly where they were 5 months ago. The markets priced in these shenanigans before you even thought about them. >>




    Wait... wait ... wait for the post saying... "and where they should be... exactly where I thought they should be"... gezzzz image
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