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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

Comments

  • OPAOPA Posts: 17,121 ✭✭✭✭✭


    << <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."
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    Gold Surged 17% In 15 Trading Days After Last Debt Ceiling Extension In 2011

    "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

  • cohodkcohodk Posts: 19,137 ✭✭✭✭✭


    << <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

  • OPAOPA Posts: 17,121 ✭✭✭✭✭


    << <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."
  • 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!
  • VanHalenVanHalen Posts: 3,993 ✭✭✭✭✭
    It's a tough time: Too late to work within the system and too early to shoot the b*st*rds.
  • 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
  • jmski52jmski52 Posts: 22,862 ✭✭✭✭✭
    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.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Modest gains in gold and silver..... Cheers, RickO
  • cohodkcohodk Posts: 19,137 ✭✭✭✭✭


    << <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

  • OverdateOverdate Posts: 7,008 ✭✭✭✭✭


    << <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 :)

  • MetalsmanMetalsman Posts: 2,064 ✭✭✭


    << <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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