@TwoSides2aCoin said:
Let’s talk (speculate) about where the floor for metal is. We all are keenly aware of the dust that never settles on the House Floor.
The floor for the gutter is much lower. THKS!
Much lower than $120 ? Bet.
Much lower than $100 ? Check
Much lower than $91 ? Sure.
Much lower than $75 ? Okay
your projection is lower. I think MsMorrisine pegged it near $40. Others agree. Not so sure I do.
We've seen the floor. Two weeks ago.
Apparently not
You were waiting for weeks to do that weren't you lolz. Yawn. Here, let me show you something .... new word of the day for you.
No. I just don't visit this particular forum very often. It's nasty in here.
You might also note that excessive volatility often marks market tops and bottoms.
We know. You're a permabull. We get it. You were also wrong about the floor, it seems. If you go past "volatility" in the dictionary, you will get to "wrong".
Permabull? Nah, only when the likes of you saunter in with pot shots. And yep, I was wrong. I'll be wrong many more times too. Just like you. I have great discourse with many in this place. Many for well over two decades. Don't think you have me figured out cuz you DON'T lolz.
BTW, almost time to BACK UP THE TRUCK!
Oh, I think i have it figured out. Don't get me wrong, nothing wrong with being a permabull. You're probably right about half the time.
I didn't take any pot shots.
.
I note at least two pot shots:
"It's nasty in here"
and
"You're a permabull ... right about half the time".
@Maywood said:
Things seem to have settled at $80 with fluctuations to either side of that, swinging like a pendulum.
I'm showing $67 and change here in the commonwealth (Keep in mind spot price) Not what dealers are currently paying for physical. Paper gutter is moving at $67 but that is about it. Much more downside to come. Check out ZSL, it's been on absolute fire that past few weeks. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Sure, it's at around $67 but I said "swinging like a pendulum" in my post. This current low, $13 under my $80, is the same as the high 7-10 days ago at around $93 or thereabouts. I'm no genius and have no expert insight or market wisdom. But that price of $80 seems comfortable to the marketmakers and manipulators. A little below it and a little above it, but currently always around it.
Of course I could be wrong like I often am.
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety," --- Benjamin Franklin
Oh, I think i have it figured out. Don't get me wrong, nothing wrong with being a permabull. You're probably right about half the time.
I didn't take any pot shots.
My prediction is G&S go north in the coming months / years. I believe we are in for a long term rise overall. However, volatility will continue to rule.
One could say that about anything. Fertilizer will go up and down but will be higher long term.
Very significant rise. Not a rise like domestic everyday products tied to crappy fiat. Good Lord... wasn't that a given? I guess NOT IN HERE hahahah
Oh, I think i have it figured out. Don't get me wrong, nothing wrong with being a permabull. You're probably right about half the time.
I didn't take any pot shots.
My prediction is G&S go north in the coming months / years. I believe we are in for a long term rise overall. However, volatility will continue to rule.
One could say that about anything. Fertilizer will go up and down but will be higher long term.
Very significant rise. Not a rise like domestic everyday products tied to crappy fiat. Good Lord... wasn't that a given? I guess NOT IN HERE hahahah
Fertilizer prices went up 4 fold in mid 2000s. Thats not a "very significant" rise? Not crappy enough for you? Heck, potash has nearly outperformed gold since mid-2020.
I assumed it was a given that you knew more than you do. Good Lord!!
@TwoSides2aCoin said:
Let’s talk (speculate) about where the floor for metal is. We all are keenly aware of the dust that never settles on the House Floor.
The floor for the gutter is much lower. THKS!
Much lower than $120 ? Bet.
Much lower than $100 ? Check
Much lower than $91 ? Sure.
Much lower than $75 ? Okay
your projection is lower. I think MsMorrisine pegged it near $40. Others agree. Not so sure I do.
We've seen the floor. Two weeks ago.
Apparently not
You were waiting for weeks to do that weren't you lolz. Yawn. Here, let me show you something .... new word of the day for you.
No. I just don't visit this particular forum very often. It's nasty in here.
You might also note that excessive volatility often marks market tops and bottoms.
We know. You're a permabull. We get it. You were also wrong about the floor, it seems. If you go past "volatility" in the dictionary, you will get to "wrong".
Permabull? Nah, only when the likes of you saunter in with pot shots. And yep, I was wrong. I'll be wrong many more times too. Just like you. I have great discourse with many in this place. Many for well over two decades. Don't think you have me figured out cuz you DON'T lolz.
BTW, almost time to BACK UP THE TRUCK!
Oh, I think i have it figured out. Don't get me wrong, nothing wrong with being a permabull. You're probably right about half the time.
I didn't take any pot shots.
.
I note at least two pot shots:
"It's nasty in here"
and
"You're a permabull ... right about half the time".
.
It's nasty in here wasn't aimed at that individual. The folks in here vmake a hobby of taking shots at each other.
I wasn't aware that "permabull" was an insult. Does that make "permabear" a compliment?
You might want to recalibrate your detector.
All comments reflect the opinion of the author, even when irrefutably accurate.
@JimTyler said:
Only have 2 oz of silver( I want to believe alien bars) and my 6 favorite gold. Dodged a bullet.
Let me know when/if you are ready to sell those 6 favorite golds. THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
@softparade said:
lol fertilizer
I bet redneck talks about the price of paper clips over in numismatics…. Lolz
Yup. Even manure is better than baseball cards.
I'd take manure over cardboard for kids anyday. Lots of practical use on the ole homestead. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
@softparade said:
lol fertilizer
I bet redneck talks about the price of paper clips over in numismatics…. Lolz
Yup. Even manure is better than baseball cards.
lolz you come at me with a fertilizer "chart" and say this about baseball cards? Hahahahahahahah I know more about fertilizer than you do cards obviously, SON. hahahahah
A fertilizer chart in precious metals. Ahhhhhhhhhhhhhh hahahahahahahahahahah
@softparade said:
lol fertilizer
I bet redneck talks about the price of paper clips over in numismatics…. Lolz
Yup. Even manure is better than baseball cards.
I'd take manure over cardboard for kids anyday. Lots of practical use on the ole homestead. RGDS!
More money (and greater appreciation in value) to be made in desirable baseball (and non sport) cards than coins these days. You need to get out more.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
@jmski52 said:
You really expect to sell people that a fiat paper debt-based system conspiracy by the banking cartel will hold up >?>for another 47 years?
Sure...a cartel of 4,000 members. Their Zoom conference calls must be a blast.
@softparade said:
lol fertilizer
I bet redneck talks about the price of paper clips over in numismatics…. Lolz
Yup. Even manure is better than baseball cards.
lolz you come at me with a fertilizer "chart" and say this about baseball cards? Hahahahahahahah I know more about fertilizer than you do cards obviously, SON. hahahahah
A fertilizer chart in precious metals. Ahhhhhhhhhhhhhh hahahahahahahahahahah
Forgive me. I thought BS was something you could relate with.
Oh, and its the Prez who seems to have an infatuation with paper clips.
@softparade said:
lol fertilizer
I bet redneck talks about the price of paper clips over in numismatics…. Lolz
Yup. Even manure is better than baseball cards.
lolz you come at me with a fertilizer "chart" and say this about baseball cards? Hahahahahahahah I know more about fertilizer than you do cards obviously, SON. hahahahah
A fertilizer chart in precious metals. Ahhhhhhhhhhhhhh hahahahahahahahahahah
Forgive me. I thought BS was something you could relate with.
Oh, and it’s the Prez who seems to have an infatuation with paper clips.
Nah, he seems to be more infatuated with “ Having The Floor ”. Just what I’m looking for. What’s your guess where the floor is ?
@softparade said:
lol fertilizer
I bet redneck talks about the price of paper clips over in numismatics…. Lolz
Yup. Even manure is better than baseball cards.
lolz you come at me with a fertilizer "chart" and say this about baseball cards? Hahahahahahahah I know more about fertilizer than you do cards obviously, SON. hahahahah
A fertilizer chart in precious metals. Ahhhhhhhhhhhhhh hahahahahahahahahahah
Forgive me. I thought BS was something you could relate with.
What’s your guess where the floor is ?
Where buyers and sellers reach equilibrium. Sounds glib, but floors, like ceilings, are not prices, but rather a meeting point of fear and greed, exuberance and despair.
However, it is not unusual for emotions to coalesce around a moving average such as the 50 or 200 day moving average. Or a floor can be near a point that was previously a ceiling. Charts can offer guidance.
Well I can’t read charts or tea leaves to predict where metal will be tomorrow, but it seems the free fall and parabolic moves have settled to an area some would say is the floor right about here.
What is fundamental ?
@TwoSides2aCoin said:
Well I can’t read charts or tea leaves to predict where metal will be tomorrow, but it seems the free fall and parabolic moves have settled to an area some would say is the floor right about here.
What is fundamental ?
For silver? The obvious industrial / mainstream product need in modern society. It's undeniable. That wasn't the case with most of our fathers and grandfather's silver. What does it mean? Pretty sure NOT $25 silver lolz... but hey, if THAT stupid crap happens, I'll drain every dollar I own to back of the SHIP
@jmski52 said:
I call BS. What's your point? Unless he's your client, you have no way of knowing whether or not he's buying silver >now.
He said it himself when gold was $3,700.....went on CNBC's Sqwak Box and said he was not as aggressive at that level but he would buy lightly at that level. He said it ran too much too fast.
It's not my BS, it's his own words. If he wasn't buying at $3,750 heavily, he's not buying heavily at $5,000.
@jmski52 said:
I call BS. What's your point? Unless he's your client, you have no way of knowing whether or not he's buying silver >now.
He said it himself when gold was $3,700.....went on CNBC's Sqwak Box and said he was not as aggressive at that level but he would buy lightly at that level. He said it ran too much too fast.
It's not my BS, it's his own words. If he wasn't buying at $3,750 heavily, he's not buying heavily at $5,000.
.
So you don't really know, you are only guessing.
What did he say about silver ?
How do you know that he isn't buying silver ?
@dcarr said:
So you don't really know, you are only guessing.
What did he say about silver ?
How do you know that he isn't buying silver ?
I'm not guessing, those were his words. Maybe he changed his POV since but that was what he said last year.
He said nothing about silver. I don't know he is or isn't buying it -- but I suspect if he WAS buying it then, he would have said so. He and Cramer/Faber just talked gold.
I'll ask my CNBC contacts to ask him about silver next time he's on. I doubt his Family Office has a position, maybe he personally (but I doubt it).
Comments
Stanley Druckenmiller likes gold & silver, a lot.
I knew it would happen.
.
I note at least two pot shots:
"It's nasty in here"
and
"You're a permabull ... right about half the time".
.
What make a pot shot?
Those two look like observation or Opinion
Things seem to have settled at $80 with fluctuations to either side of that, swinging like a pendulum.
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety," --- Benjamin Franklin
I'm showing $67 and change here in the commonwealth (Keep in mind spot price) Not what dealers are currently paying for physical. Paper gutter is moving at $67 but that is about it. Much more downside to come. Check out ZSL, it's been on absolute fire that past few weeks. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
Sure, it's at around $67 but I said "swinging like a pendulum" in my post. This current low, $13 under my $80, is the same as the high 7-10 days ago at around $93 or thereabouts. I'm no genius and have no expert insight or market wisdom. But that price of $80 seems comfortable to the marketmakers and manipulators. A little below it and a little above it, but currently always around it.
Of course I could be wrong like I often am.
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety," --- Benjamin Franklin
@Maywood said “Of course I could be wrong like I often am.”
We all are of course, but it is refreshing to hear someone say so.
It’s probably time to recall the famous Yogi Berraism, something to the effect that predictions are hard, especially about the future.
Very significant rise. Not a rise like domestic everyday products tied to crappy fiat. Good Lord... wasn't that a given? I guess NOT IN HERE hahahah
COPPER is gutter !
Fertilizer prices went up 4 fold in mid 2000s. Thats not a "very significant" rise? Not crappy enough for you? Heck, potash has nearly outperformed gold since mid-2020.
I assumed it was a given that you knew more than you do. Good Lord!!
Lol
Knowledge is the enemy of fear
It's nasty in here wasn't aimed at that individual. The folks in here vmake a hobby of taking shots at each other.
I wasn't aware that "permabull" was an insult. Does that make "permabear" a compliment?
You might want to recalibrate your detector.
All comments reflect the opinion of the author, even when irrefutably accurate.
One wasn't asked at anyone in particular. And I fail to see how "permabull" is an insult.
Look at the constant "gutter talk" and tell me how friendly it is in here. Lol
All comments reflect the opinion of the author, even when irrefutably accurate.
Only have 2 oz of silver( I want to believe alien bars) and my 6 favorite gold. Dodged a bullet.
Let me know when/if you are ready to sell those 6 favorite golds.
THKS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
lol fertilizer
I bet redneck talks about the price of paper clips over in numismatics…. Lolz
COPPER is gutter !
Yup. Even manure is better than baseball cards.
Knowledge is the enemy of fear
I'll keep and enjoy my cards, enjoy your manure.
I'd take manure over cardboard for kids anyday. Lots of practical use on the ole homestead. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
Retiring at 55, what day is today?
lolz you come at me with a fertilizer "chart" and say this about baseball cards? Hahahahahahahah I know more about fertilizer than you do cards obviously, SON. hahahahah
A fertilizer chart in precious metals. Ahhhhhhhhhhhhhh hahahahahahahahahahah
COPPER is gutter !
More money (and greater appreciation in value) to be made in desirable baseball (and non sport) cards than coins these days. You need to get out more.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Sure...a cartel of 4,000 members.
Their Zoom conference calls must be a blast. 
Jeff deGraaf (TA) and Jeff Gundlach (DoubleLine, The Bond King)...both bullish on gold in the past....both bearish near-term.
Forgive me. I thought BS was something you could relate with.
Oh, and its the Prez who seems to have an infatuation with paper clips.
Knowledge is the enemy of fear
Nah, he seems to be more infatuated with “ Having The Floor ”. Just what I’m looking for. What’s your guess where the floor is ?
``https://ebay.us/m/KxolR5
What’s your guess where the floor is ?
Where buyers and sellers reach equilibrium. Sounds glib, but floors, like ceilings, are not prices, but rather a meeting point of fear and greed, exuberance and despair.
However, it is not unusual for emotions to coalesce around a moving average such as the 50 or 200 day moving average. Or a floor can be near a point that was previously a ceiling. Charts can offer guidance.
Knowledge is the enemy of fear
Well I can’t read charts or tea leaves to predict where metal will be tomorrow, but it seems the free fall and parabolic moves have settled to an area some would say is the floor right about here.
What is fundamental ?
``https://ebay.us/m/KxolR5
For silver? The obvious industrial / mainstream product need in modern society. It's undeniable. That wasn't the case with most of our fathers and grandfather's silver. What does it mean? Pretty sure NOT $25 silver lolz... but hey, if THAT stupid crap happens, I'll drain every dollar I own to back of the SHIP
COPPER is gutter !
He's liked it since 2000 and 2001. He bought a huge amount back then.
He's not buying in size here.
He's not buying in size here.
I call BS. What's your point? Unless he's your client, you have no way of knowing whether or not he's buying silver now.
I knew it would happen.
Silver spot running double from a year ago seems to be the worse thing to happen around here
Loves me some shiny!
“Often wrong, but never in doubt.”
He said it himself when gold was $3,700.....went on CNBC's Sqwak Box and said he was not as aggressive at that level but he would buy lightly at that level. He said it ran too much too fast.
It's not my BS, it's his own words. If he wasn't buying at $3,750 heavily, he's not buying heavily at $5,000.
.
So you don't really know, you are only guessing.
What did he say about silver ?
How do you know that he isn't buying silver ?
.
the floor will be established when the market anticipates that the FED will drop interest rates
When gold and silver move together, it signals the coming end of fiat money.
I'm not guessing, those were his words. Maybe he changed his POV since but that was what he said last year.
He said nothing about silver. I don't know he is or isn't buying it -- but I suspect if he WAS buying it then, he would have said so. He and Cramer/Faber just talked gold.
I'll ask my CNBC contacts to ask him about silver next time he's on. I doubt his Family Office has a position, maybe he personally (but I doubt it).
Well, right now the market is just hoping HIKES don't happen.