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Townhall: "Gold Could be Set for a Big “Bounce Back” Rally"

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  • TwoSides2aCoinTwoSides2aCoin Posts: 43,796 ✭✭✭✭✭

    Every time I buy it it costs cash which buys less ...every time I sell it. It's on a roll. Uphill, downhill and like combat: hand to hand.

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,796 ✭✭✭✭✭
    edited July 23, 2017 5:47AM

    @cohodk said:

    @derryb said:
    ...gold was up like 200 bucks in 2009 when the real estate financial crisis settled.

    So was the SP500.....and it paid a dividend.

    Yeah but this isn't about liquid, it's about solid.

  • cohodkcohodk Posts: 18,554 ✭✭✭✭✭

    @derryb said:
    The first upcoming big rally will immediately follow an overdue equity correction.

    How big would be this upcoming big rally? 20-30%?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • cohodkcohodk Posts: 18,554 ✭✭✭✭✭

    @derryb said:

    @cohodk said:

    Eventually the debt load will be too much, but this "collapse" the PM bulls eagerly await, is still far away.

    The collapse that will trigger PMs will not be one of debt, it will be one of confidence in central bank policy. A collapse from debt will be reflected in the value of the currency. Loss of faith in economic policy/direction is much closer.

    Ok..I'll fix it.....the collapse in CB confidence that the PM bulls eagerly await is still far away.

    Someday I hope you will see that economic direction is not dictated entirely by CBs.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • cohodkcohodk Posts: 18,554 ✭✭✭✭✭

    @derryb said:
    Since crypto currencies have have joined the precious metal war against fiat currency, the effort to contain CCs might weaken the effort to contain precious metals. Metals should benefit from the threat CCs impose to the king's money.

    Wars and kings........

    ....and hobbits and dragons!!

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,118 ✭✭✭✭✭

    ...and masters and puppets!!

    The decline from democracy to tyranny is both a natural and inevitable one.

  • cohodkcohodk Posts: 18,554 ✭✭✭✭✭
    edited July 25, 2017 4:21AM

    @derryb said:
    ...and masters and puppets!!

    Great song and sigline!!

    Master of puppets, I'm pulling your strings
    Twisting your mind, and smashing your dreams
    Blinded by me, you can't see a thing
    Just call my name, cause I'll hear you scream
    Master, master
    Just call my name, cause I'll hear you scream
    Master, master

    Read more: Metallica - Master Of Puppets Lyrics | MetroLyrics

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • mariner67mariner67 Posts: 2,746 ✭✭✭

    Always pleasantly surprised at the Metallica fans out there!
    Keep it up!

    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • cohodkcohodk Posts: 18,554 ✭✭✭✭✭
    edited July 27, 2017 4:17AM

    @mariner67 said:
    Always pleasantly surprised at the Metallica fans out there!
    Keep it up!

    I'm old school Mariner. ;) My boombox strapped into the passenger seat of my 74 Ambassador always had a cassette of Slayer, Exodus, Anthrax, Trouble, Metallica, Mercyful Fate, S.O.D and a few others. Girlfriends sat in the back. Lol. Just kidding. There were no girls. Haha

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    No girls who thought PM prices were rigged, anyway. ;)

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