1. 08-03-16 03:53 PM #36
    Ghenghis Kahn
    Best Baller on SBR
    Ghenghis Kahn's Avatar SBR PRO
    Join Date: 01-02-12
    Posts: 19,735
    Betpoints: 2261

    Quote Originally Posted by SharpAngles View Post
    Not everyone stacks metals for economic collapse reasons and not everyone is trading daily. I learned about playing the gold/silver ratio in the late 90's, what a time with $6 silver and $400 gold, and have continuously traded up when I believe proper and am very happy with the results for a 20 year investment play which is still going, better than a bs 401k thats for sure.

    Nobody KNOWS the future but c'mon we all have ideas and opinions, like imo silver getting back to 40+ before touching 10 again
    yeah don't believe the gold will hit $10,000 and silver will hit $1000 an ounce touts. but precious metals such as gold and silver are legit if you get in at the right times. people always make the mistake of buying high and get burned.

    silver will not dip below $10 and gold will not dip below $1000 an ounce anytime soon or never.
    Reply With Quote Reply With Quote
  2. 08-04-16 09:18 AM #37
    StackinGreen
    Can't stop Won't stop
    StackinGreen's Avatar Become A Pro!
    Join Date: 10-09-10
    Posts: 12,141
    Betpoints: 4514

    I've been in cash for some time now because my feeling has always been that around the time of the election into 2nd quarter 2017 there would be a big drop in the market, at which time I would get in. It may or may not have to do with the election, it just seems like another reason since the timing is right and US equities are crazily overvalued.
    Reply With Quote Reply With Quote
  3. 08-05-16 10:25 AM #38
    Otters27
    Otters27's Avatar SBR PRO
    Join Date: 07-14-07
    Posts: 30,687
    Betpoints: 350

    Gold now in free fall today. Is George Soros selling his gold?
    Reply With Quote Reply With Quote
  4. 08-05-16 10:58 AM #39
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    it is just a guess

    50% chance if it goes up or down
    Reply With Quote Reply With Quote
  5. 08-05-16 05:31 PM #40
    Ralphie Halves
    Ralphie Halves's Avatar Become A Pro!
    Join Date: 12-13-09
    Posts: 4,506
    Betpoints: 15072

    Quote Originally Posted by Otters27 View Post
    Gold now in free fall today. Is George Soros selling his gold?


    Strong NFP report made the dollar stronger. Nothing more.
    Reply With Quote Reply With Quote
  6. 08-05-16 05:54 PM #41
    SharpAngles
    SharpAngles's Avatar Become A Pro!
    Join Date: 04-15-14
    Posts: 9,467
    Betpoints: 1638

    Quote Originally Posted by Otters27 View Post
    Gold now in free fall today. Is George Soros selling his gold?
    Our friend jj was inspired by this thread and secured a 13k loan from the bank to purchase roughly 10oz this morning

    standard mush job nothing to see here....
    Reply With Quote Reply With Quote
  7. 08-05-16 06:15 PM #42
    The Kraken
    The Kraken's Avatar Become A Pro!
    Join Date: 12-24-11
    Posts: 28,917
    Betpoints: 532

    Everyone should have $5-$10k in gold and silver coins
    Reply With Quote Reply With Quote
  8. 08-25-16 06:56 AM #43
    Otters27
    Otters27's Avatar SBR PRO
    Join Date: 07-14-07
    Posts: 30,687
    Betpoints: 350

    Who sold the 1.5 Billion worth of gold yesterday and why?
    Reply With Quote Reply With Quote
  9. 08-25-16 07:47 AM #44
    Ralphie Halves
    Ralphie Halves's Avatar Become A Pro!
    Join Date: 12-13-09
    Posts: 4,506
    Betpoints: 15072

    Quote Originally Posted by Otters27 View Post
    Who sold the 1.5 Billion worth of gold yesterday and why?
    Don't know who, but the reasons could have been anything. Thought price was gonna drop, wanted to liquidate, etc.
    Reply With Quote Reply With Quote
  10. 08-25-16 08:38 AM #45
    grease lightnin
    &
    grease lightnin's Avatar Become A Pro!
    Join Date: 10-01-12
    Posts: 16,015
    Betpoints: 3185

    Quote Originally Posted by Otters27 View Post
    Who sold the 1.5 Billion worth of gold yesterday and why?
    May very well be a bet on Yellen's Jackson Hole speech leaning towards rate hikes.
    Reply With Quote Reply With Quote
  11. 08-25-16 08:53 AM #46
    Otters27
    Otters27's Avatar SBR PRO
    Join Date: 07-14-07
    Posts: 30,687
    Betpoints: 350

    people are saying they are going to raise rates in Sept.
    Reply With Quote Reply With Quote
  12. 08-25-16 08:57 AM #47
    grease lightnin
    &
    grease lightnin's Avatar Become A Pro!
    Join Date: 10-01-12
    Posts: 16,015
    Betpoints: 3185

    Quote Originally Posted by Otters27 View Post
    people are saying they are going to raise rates in Sept.
    We shall see. But Yellen's speech is tomorrow
    Reply With Quote Reply With Quote
  13. 08-25-16 03:48 PM #48
    Ralphie Halves
    Ralphie Halves's Avatar Become A Pro!
    Join Date: 12-13-09
    Posts: 4,506
    Betpoints: 15072

    Yeah, good point. Could be inside info on that. A lot of people don't think a .25 rate hike is going to even do that much, since we haven't raised rates in like 8 years. I've closed every position I have just in case, even though it's probably nothing.
    Reply With Quote Reply With Quote
  14. 08-25-16 06:51 PM #49
    Otters27
    Otters27's Avatar SBR PRO
    Join Date: 07-14-07
    Posts: 30,687
    Betpoints: 350

    Funny thing is that Gold Drop today but gold mining stocks in a gold and special minerals fund went up.
    Reply With Quote Reply With Quote
  15. 08-25-16 07:04 PM #50
    gauchojake
    Have Some Asthma
    gauchojake's Avatar SBR PRO
    Join Date: 09-17-10
    Posts: 33,724
    Betpoints: 13164

    Guilty as charged
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: grease lightnin
    Reply With Quote Reply With Quote 1
  16. 08-25-16 07:06 PM #51
    Ralphie Halves
    Ralphie Halves's Avatar Become A Pro!
    Join Date: 12-13-09
    Posts: 4,506
    Betpoints: 15072

    All I know is that something big is definitely on the horizon. Volumes are at their lowest in a long time. Market coiling up.

    Chaos theory -- Chaos, into order (what we have now), and then back again.
    Reply With Quote Reply With Quote
  17. 08-25-16 08:05 PM #52
    SharpAngles
    SharpAngles's Avatar Become A Pro!
    Join Date: 04-15-14
    Posts: 9,467
    Betpoints: 1638

    Word on the street is gauchojake needed to free up some vault space for an incoming platinum shipment. Temporary market correction, nothing to worry about.
    Reply With Quote Reply With Quote
  18. 08-25-16 09:14 PM #53
    Otters27
    Otters27's Avatar SBR PRO
    Join Date: 07-14-07
    Posts: 30,687
    Betpoints: 350

    interested to see what happens tommorrow. I think Fed will hint at a December rate hike
    Reply With Quote Reply With Quote
  19. 09-01-16 07:14 AM #54
    Otters27
    Otters27's Avatar SBR PRO
    Join Date: 07-14-07
    Posts: 30,687
    Betpoints: 350

    Gold Mining Stocks are tanking. Will they go back up?
    Reply With Quote Reply With Quote
  20. 09-06-16 09:56 AM #55
    Otters27
    Otters27's Avatar SBR PRO
    Join Date: 07-14-07
    Posts: 30,687
    Betpoints: 350

    Gold now sky rocketing
    Reply With Quote Reply With Quote
  21. 09-06-16 03:27 PM #56
    grease lightnin
    &
    grease lightnin's Avatar Become A Pro!
    Join Date: 10-01-12
    Posts: 16,015
    Betpoints: 3185

    Quote Originally Posted by Otters27 View Post
    Gold now sky rocketing
    Don't think "skyrocketing" is the right word to use here, otters
    Reply With Quote Reply With Quote
  22. 09-06-16 03:33 PM #57
    Ralphie Halves
    Ralphie Halves's Avatar Become A Pro!
    Join Date: 12-13-09
    Posts: 4,506
    Betpoints: 15072

    Again, it was bad dollar news this morning that made it go up.

    I'm close to going long myself though.
    Reply With Quote Reply With Quote
First 12
Top
« Previous Thread | Players Talk | Next Thread »