1. #1
    ChuckyTheGoat
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    As of 8/5/2019...give me your projections for DOW/GOLD/SILVER year-end

    I'll start. For 12/31/2019, I'm gonna say:

    DOW JONES: 24,000
    GOLD: 1,550
    SILVER: 19.00

    Change is in the air, imho.

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  2. #2
    RudyRuetigger
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    how do you personally buy silver and gold?

    whats that guys name that has the gold debit card thing...i guess its like bitcoin but with gold

    how is that?
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  3. #3
    RudyRuetigger
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    peter schiff
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  4. #4
    mpaschal34
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    Dow: 18500
    Gold: 1800
    Silver: 25

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  5. #5
    ChuckyTheGoat
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    Quote Originally Posted by mpaschal34 View Post
    Dow: 18500
    Gold: 1800
    Silver: 25
    mpas, if you're even close on that, I'll ship u 1000pts.

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  6. #6
    pablo222
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    22,225 DOW
    $1630.00 Gold
    $21.95 Silver
    Points Awarded:

    ChuckyTheGoat gave pablo222 1 Betpoint(s) for this post.

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  7. #7
    mpaschal34
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    Quote Originally Posted by ChuckyTheGoat View Post
    mpas, if you're even close on that, I'll ship u 1000pts.
    Unfortunately, there is so much debt in this country, once that bubble bursts it could get way worse than I predict.

    For some reason everyone in Dallas thinks they need a $500K+ home. And they keep building them. It’s as if they are printing money in some back room.
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  8. #8
    jtoler
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    dow - 790
    gold - 550
    silver - 6.45

  9. #9
    pablo222
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    Just bought some silver bars today.
    You can buy it with your BTC wallet.
    Very easy with free shipping.

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  10. #10
    pablo222
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    Silver over 17$

    Up about 18% in the last 12 weeks.

    Gold on the rise too. Up to 1500$ oz.

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  11. #11
    ChuckyTheGoat
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    Quote Originally Posted by mpaschal34 View Post
    Unfortunately, there is so much debt in this country, once that bubble bursts it could get way worse than I predict.

    For some reason everyone in Dallas thinks they need a $500K+ home. And they keep building them. It’s as if they are printing money in some back room.
    Mpas, great insight. I knew you were a smart guy.

    Check out the current markets. I thought change was in the air. Didn't know it would be moving this quickly.

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  12. #12
    ChuckyTheGoat
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    Quote Originally Posted by pablo222 View Post
    Just bought some silver bars today.
    You can buy it with your BTC wallet.
    Very easy with free shipping.
    Yeah, pablo. Nice score.

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  13. #13
    ChuckyTheGoat
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    Quote Originally Posted by pablo222 View Post
    Silver over 17$

    Up about 18% in the last 12 weeks.

    Gold on the rise too. Up to 1500$ oz.
    Silver over $17 (vs USD). +3.68% TODAY.

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  14. #14
    ChuckyTheGoat
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    Pablo, are u more bullish on SILVER (than GOLD)?

    There was talk on Silver-to-Gold hitting 90/1 ratio recently. I feel like Silver has MORE upside, as it retreats from that 90/1 ratio.

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  15. #15
    ChuckyTheGoat
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    Quote Originally Posted by mpaschal34 View Post
    Dow: 18500
    Gold: 1800
    Silver: 25
    Mpas, I have to say this was a pretty timely thread. That's only a couple days ago + these #s are already on the move.

    At this pace, the trends are going to blow thru my projections + toward your hi-end projections. If you've had your ear to the ground, you should know that change is coming.

    As for being prepared, one could always do better. I did purchase some silver/gold and a couple precious metal stocks. We shall see.

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  16. #16
    mpaschal34
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    It’s going to be really interesting with this China issue. I can’t see Trump going all in on a trade war with the election next year. A down market could kill him. But with Trump you never know.

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  17. #17
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  18. #18
    pablo222
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    Quote Originally Posted by ChuckyTheGoat View Post
    Pablo, are u more bullish on SILVER (than GOLD)?

    There was talk on Silver-to-Gold hitting 90/1 ratio recently. I feel like Silver has MORE upside, as it retreats from that 90/1 ratio.
    I am Chucky. I have done some research, and it looks to be the case that silver should make a run here that out paces gold in ROI.

    The silver bars seem to be the best value and it is nice to watch them stack up.

    I don't think silver will go down in value, but there are economic factors and it's future uses in technology that could drive the price significantly higher.

    With where the economic landscape is it might be the safest investment that has a big upside.

    But I am far from an expert.
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  19. #19
    ChuckyTheGoat
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    You make a very good argument, PAB.
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    pablo222 gave ChuckyTheGoat 7 SBR Point(s) for this post.

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  20. #20
    pablo222
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    Chucky. U stack any silver yet?

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  21. #21
    ChuckyTheGoat
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    Quote Originally Posted by pablo222 View Post
    Chucky. U stack any silver yet?
    Yes, Pablo. Have made a couple purchases on Gold/Silver/MetalStocks.

    Relatively small purchases. Let's say I have 4% of my portfolio pointed in that direction. Just want to have a hedge.

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  22. #22
    Stallion
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    Do you think this is the recession starting??

  23. #23
    mpaschal34
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    Quote Originally Posted by Stallion View Post
    Do you think this is the recession starting??
    Mainly impacted by the China trade war. Could spin into a recession pretty easily though.

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  24. #24
    ChuckyTheGoat
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    Pab, wanted to give u one comment. My recent transactions were my first foray into purchase of physical silver + gold.

    The surcharge on Gold wasn't too bad. $12 above Spot, so if the bid/ask was a few dollars, that's around 1% extra charge.

    I did find the surcharge on Silver to be harder to palate. OK, gold is much higher per Ounce (than silver). Approaching $2 markup on a $17 asset...that's an Expense Load of > 10%. I didn't like that part of it. But I did want to add Silver to my portf
    olio and I bit the (silver) bullet, knowing that we have to get to $19 just to break-even.
    Last edited by ChuckyTheGoat; 08-13-19 at 01:10 AM. Reason: bit

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  25. #25
    ChuckyTheGoat
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    Quote Originally Posted by Stallion View Post
    Do you think this is the recession starting??
    I think so, yes. Was listening to the technical analysts. The bend in the yield curve is (historically) an indicator of upcoming recession.

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  26. #26
    ChuckyTheGoat
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    Historically, an inverted yield curve has been viewed as an indicator of a pending economic recession:

    [FONT="Segoe UI",Arial,Helvetica,Sans-Serif]https://www.investopedia.com/articles/basics/06/invertedyieldcurve.asp

    [/FONT]

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  27. #27
    ChuckyTheGoat
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    BTW, as we speak Silver/USD at 17.36, up almost 2% in L24 hours.

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  28. #28
    Auto Donk
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    I don't know about you, but william mother f'n devane is a mother fukking kahksucker that I fukkin' trust.....

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  29. #29
    mpaschal34
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    Quote Originally Posted by Auto Donk View Post
    I don't know about you, but william mother f'n devane is a mother fukking kahksucker that I fukkin' trust.....

    That motivated me....running out to buy some gold now.

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  30. #30
    pablo222
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    Silver up to 18.43

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  31. #31
    Foxx
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    Sold like 25% of my physical 6 months ago to help with a cash flow issue

  32. #32
    ChuckyTheGoat
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    Quote Originally Posted by ChuckyTheGoat View Post
    I'll start. For 12/31/2019, I'm gonna say:

    DOW JONES: 24,000
    GOLD: 1,550
    SILVER: 19.00

    Change is in the air, imho.
    We're practically there already on Silver/Gold. Dow not so much.

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  33. #33
    ChuckyTheGoat
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    Quote Originally Posted by Foxx View Post
    Sold like 25% of my physical 6 months ago to help with a cash flow issue
    Investing is so hard, Foxx. I think the BIGGEST risk in investing is TIMING RISK. Given a long enuf horizon, the bears + bulls will both be right (eventually).

    I just sensed that change was in the air. Recession is coming. Just a matter of how big it's going to be.

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  34. #34
    Foxx
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    Quote Originally Posted by ChuckyTheGoat View Post
    Investing is so hard, Foxx. I think the BIGGEST risk in investing is TIMING RISK. Given a long enuf horizon, the bears + bulls will both be right (eventually).
    I just sensed that change was in the air. Recession is coming. Just a matter of how big it's going to be.
    The first and last time I bought a stock, I purchased at the end of trading on a Friday. It opened Monday and immediately dropped over 10%. It was the single biggest decline in the company's 70 year history. Some sort of detrimental news broke over the weekend. I didn't lose a lot of money. I just stuck my toe in to test the water and it got burned. I took it as a sign to stay out of the market and stick with things like real estate. Still can't believe I mushed a multibillion dollar company.

  35. #35
    ChuckyTheGoat
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    Quote Originally Posted by ChuckyTheGoat View Post
    I'll start. For 12/31/2019, I'm gonna say:

    DOW JONES: 24,000
    GOLD: 1,550
    SILVER: 19.00

    Change is in the air, imho.
    Silver + gold might get there TODAY. HOLY SHIT...what a bull-run by Silver. Up +3.68% on the day.

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