<<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT | |
Oreo
User ID: 1513317 United States 09/26/2011 04:13 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT It's back over 1600 now. Silver rising too. I like this site better than Kitco, Kitco is way too slow. [link to www.netdania.com] |
Anonymous Coward User ID: 1315838 United States 09/26/2011 04:15 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT Just banks closing their gold positions and taking their profits to cover the abyssal losses in their balance sheets before the end of the month for their monthly report. Quoting: Anonymous Coward 1060909 Otherwise it will look very very ugly. The RSI for gold is already at the bottom, gold will not go further down. It will go up again after the 1rst of October. was anybody able to buy on that "Huge" dip about 2 hours ago ? I didn't think so, because most of the online dealers didn't work or gave a message that they were down for maintenance ! |
Light in the Storm User ID: 1789828 United States 09/26/2011 04:23 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT [link to goldsilver.com] China threatened and has been in the process of liquidating U.S. Treasury reserves to buy physical assets. . . . . . . . . . . . . . My thoughts: Could market manipulation be taking place to try to scare China into a reverse of that course. I doubt they will be frightened into running back to U.S. treasuries for safety this time. If anything, a perceived flight to safety in U.S. treasuries during a crash of the alternatives will help them off load their treasury holdings for a good price, and then they can turn around and buy physical assets on the cheap. Who is really the power behind the scenes orchestrating all of this? |
Butterfly girl
User ID: 865359 United States 09/26/2011 04:33 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT notice how Americans were all sleeping and will be surprised to hear how low silver got...with no chance to buy just wow...all I can say To everything there is a season, and a time to every purpose under heaven... A time to weep, and a time to laugh; a time to mourn, and a time to dance.... |
Anonymous Coward User ID: 2033990 France 09/26/2011 04:34 AM Report Abusive Post Report Copyright Violation | |
misanthropist
User ID: 1830575 Turkey 09/26/2011 04:36 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT this is how it works: Quoting: Anonymous Coward 1830575 $2 was the old $1 back in the day... then $5 was the new $2.. then about 10 years ago, $10 was the new $5. a few years ago $20 was $10 and now.. $50 is the old $20.. witch all started from a dollar. do you understand??? now, translate that into gold: gold has been moving rapidly... it is getting more volatile, apply the above dollar theory (100% proven!!) and we are heading into VERY LARGE SWINGS. |
Freedom From Fiat
User ID: 1409758 United States 09/26/2011 04:37 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT Just banks closing their gold positions and taking their profits to cover the abyssal losses in their balance sheets before the end of the month for their monthly report. Quoting: Anonymous Coward 1060909 Otherwise it will look very very ugly. The RSI for gold is already at the bottom, gold will not go further down. It will go up again after the 1rst of October. was anybody able to buy on that "Huge" dip about 2 hours ago ? I didn't think so, because most of the online dealers didn't work or gave a message that they were down for maintenance ! I bought 20 oz at $27 and change. I'm thinking we'll go lower over the next couple of months until the next QE is announced, so 20 oz every couple of weeks is what I plan on budgeting until then. Now is the time to buy, not sell. HOLD FAST! |
Freedom From Fiat
User ID: 1409758 United States 09/26/2011 04:38 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT Just banks closing their gold positions and taking their profits to cover the abyssal losses in their balance sheets before the end of the month for their monthly report. Quoting: Anonymous Coward 1060909 Otherwise it will look very very ugly. The RSI for gold is already at the bottom, gold will not go further down. It will go up again after the 1rst of October. was anybody able to buy on that "Huge" dip about 2 hours ago ? I didn't think so, because most of the online dealers didn't work or gave a message that they were down for maintenance ! I bought 20 oz at $27 and change. I'm thinking we'll go lower over the next couple of months until the next QE is announced, so 20 oz every couple of weeks is what I plan on budgeting until then. Now is the time to buy, not sell. HOLD FAST! FYI, APMEX is where I bought from. |
Anonymous Coward User ID: 2034677 Sweden 09/26/2011 04:41 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT How is the dollar the safe haven right now as we print and print and print? Quoting: Anonymous Coward 1545804 EXACTLY! The dollar is NOT safe. Buy the metals while they are cheap. Sell high. This is just an incredible buying opportunity. Yeah you'll make a small fortune...as long as start with a LARGE FORTUNE...I've never seen metals so over panic bought in my life as they have over the last couple of years...all that ZOMFG BUY GOLD TO SAVE YOURSELVES!!! NOW!!! AHHHH!!!!....that bullshit was sales genius... Not sure people are getting the bigger picture here |
Uncle Fester User ID: 1699109 Russia 09/26/2011 04:49 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT Don't get sucked in by this correction. When they crash the Spot Price as dramatic as they are now. You can bet vultures are hiding in the bushes ready to snap up every last penny of a panic sellers goods. Do Not Panic. If you think U.S. Treasuries and U.S. dollars are a "SAFE HAVEN" then go for it. It's almost MELODRAMATIC. I can just see the "Fair Maiden" tied to the railroad tracks now. |
Anonymous Coward User ID: 2033551 Germany 09/26/2011 04:51 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1912569 United Kingdom 09/26/2011 04:52 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT Don't get sucked in by this correction. Quoting: Uncle Fester 1699109 When they crash the Spot Price as dramatic as they are now. You can bet vultures are hiding in the bushes ready to snap up every last penny of a panic sellers goods. Do Not Panic. If you think U.S. Treasuries and U.S. dollars are a "SAFE HAVEN" then go for it. It's almost MELODRAMATIC. I can just see the "Fair Maiden" tied to the railroad tracks now. |
Anonymous Coward User ID: 2033551 Germany 09/26/2011 04:52 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT EXACTLY. I think there is going to be a HUGE run up very soon, given other news. Don't get sucked in by this correction. Quoting: Uncle Fester 1699109 When they crash the Spot Price as dramatic as they are now. You can bet vultures are hiding in the bushes ready to snap up every last penny of a panic sellers goods. Do Not Panic. If you think U.S. Treasuries and U.S. dollars are a "SAFE HAVEN" then go for it. It's almost MELODRAMATIC. I can just see the "Fair Maiden" tied to the railroad tracks now. |
intothevoid
User ID: 1545229 United States 09/26/2011 05:00 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT [link to goldsilver.com] Quoting: Light in the Storm 1789828 China threatened and has been in the process of liquidating U.S. Treasury reserves to buy physical assets. . . . . . . . . . . . . . My thoughts: Could market manipulation be taking place to try to scare China into a reverse of that course. I doubt they will be frightened into running back to U.S. treasuries for safety this time. If anything, a perceived flight to safety in U.S. treasuries during a crash of the alternatives will help them off load their treasury holdings for a good price, and then they can turn around and buy physical assets on the cheap. Who is really the power behind the scenes orchestrating all of this? The Templar Knights |
Anonymous Coward User ID: 1912569 United Kingdom 09/26/2011 05:10 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT [link to goldsilver.com] Quoting: Light in the Storm 1789828 China threatened and has been in the process of liquidating U.S. Treasury reserves to buy physical assets. . . . . . . . . . . . . . My thoughts: Could market manipulation be taking place to try to scare China into a reverse of that course. I doubt they will be frightened into running back to U.S. treasuries for safety this time. If anything, a perceived flight to safety in U.S. treasuries during a crash of the alternatives will help them off load their treasury holdings for a good price, and then they can turn around and buy physical assets on the cheap. Who is really the power behind the scenes orchestrating all of this? The Templar Knights apparently it cost the gnomes a Pyrrhic victory.....for that latest drop. |
Anonymous Coward User ID: 475310 United Kingdom 09/26/2011 05:46 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 2032758 United States 09/26/2011 05:51 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT PM's will continue to have wild swings to deter the layman from buying in. How soon we forget that Soros has sold his metal positions earlier this year for what? Mining stocks Barrick Gold Corp. (NYSE: ABX) and Newmont Mining Corp. (NYSE: NEM) ! Soros is the head piece of TPTB and if you recall, he "broke England's bank" back in 1992 - now how he did he know that?? hmmm, I wonder, maybe at a Bilderberger meeting ? Even If you don't believe me, that's fine. Currency is PROVEN to be just paper, printed for the security for the "dumb as bricks" people who think their dollar is really worth something (about 4 cents worth of paper and ink) with a "promise" from Uncle Sam to back it. Really? the U.S. government will PROMISE that my 4 cent piece of paper and ink is really worth $1,$5,$10,$20,$50, $100 that's a soothing though considering we are our highest debt EVER !! With QE3 to come no doubt. And let's not forget some of the recent currency collapses such as Germany 1923 OR Argentina 2002 OR Zimbabwe 2004 OR Belarus 2011 (wikipedia calls it hyperinflation for the laymen who can't comprehend printing endless supplies of currency is bound for failure) Hell, the Euro is ONLY 16 years old and ready to fall apart - now that's a short run for a MAJOR currency eh? So run and buy your municipal bonds if that's makes you feel better, or run to Swiss currency as so many are doing now, but please don't get too upset when you find out your currency's purchasing power has dwindled - besides, it leaves more PM's for the rest of us. |
Anonymous Coward User ID: 1407062 United States 09/26/2011 05:53 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 847175 Canada 09/26/2011 06:13 AM Report Abusive Post Report Copyright Violation | |
resistor
User ID: 1337378 Belgium 09/26/2011 06:14 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT |
resistor
User ID: 1337378 Belgium 09/26/2011 06:15 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT Me thinks all the exchange stuff like gold silver and currencies are going to be worthless soon. Buy stuff people this way your money won't be worth nothing as you've exchanged it for something... As the world surrenders to tyranny will you do the same thing? Will you be able to stand your ground without faith? Think about it! |
Anonymous Coward User ID: 692747 United States 09/26/2011 06:33 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1577040 United States 09/26/2011 06:36 AM Report Abusive Post Report Copyright Violation | |
Stars-and-Bars
User ID: 1504718 United States 09/26/2011 06:59 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT The only thing that's up is MEAT. Live cattle, lean hogs, both up 0.5%. Lol...yeah we'd be better off right now having the dollar on the "Meat Standard" than a gold standard...the only thing stable about gold for the last 3 years has been the supply...the price is a monster bubble...eventually it's going to pop. I totally disagree. There is no gold bubble -- there is a dollar pit. The FEDS have managed to totally devalue the dollar with their hyperinflationary policies. We are $14.8 trillion in debt; have $80 trillion in unfunded liabilities; have $500 trillion in derivatives for which we are responsible for 'toxic assets' and other worthless "assets." The Titanic's bow is under the water; we're down to the last smoke stack; the bow is being hoisted into the air. Jack and Rose are climbing over the back rail and the bridge is under water. Hold your breath and jump when I tell you and don't let go and swim with all your might. -- From time to time, the tree of liberty must be watered with the blood of patriots and tyrants. Know who you are. |
Anonymous Coward User ID: 1638441 United States 09/26/2011 07:02 AM Report Abusive Post Report Copyright Violation | |
Dr. know...
User ID: 1430060 United States 09/26/2011 07:07 AM Report Abusive Post Report Copyright Violation | |
Chicken little User ID: 1536980 United States 09/26/2011 07:11 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT The only thing that's up is MEAT. Live cattle, lean hogs, both up 0.5%. Lol...yeah we'd be better off right now having the dollar on the "Meat Standard" than a gold standard...the only thing stable about gold for the last 3 years has been the supply...the price is a monster bubble...eventually it's going to pop. I totally disagree. There is no gold bubble -- there is a dollar pit. The FEDS have managed to totally devalue the dollar with their hyperinflationary policies. We are $14.8 trillion in debt; have $80 trillion in unfunded liabilities; have $500 trillion in derivatives for which we are responsible for 'toxic assets' and other worthless "assets." The Titanic's bow is under the water; we're down to the last smoke stack; the bow is being hoisted into the air. Jack and Rose are climbing over the back rail and the bridge is under water. Hold your breath and jump when I tell you and don't let go and swim with all your might. :alliedstates: I feel a whole lot better about buying the other "PM'S" I have quite a bit invested in copper,lead,brass and steel. |
Stars-and-Bars
User ID: 1504718 United States 09/26/2011 07:14 AM Report Abusive Post Report Copyright Violation | Re: <<<Commodities ROLLER COASTER ride>>>Spot Gold (-3%) Silver (-3%) Platinum (-3%) 9/26/11 revised last 10:48amCDT This same thing happened in Sept of 2008. That is when I bought PMs. Then the market crashed. The same will happen this time. Quoting: Anonymous Coward 1638441 And if you look at the gold/silver charts from 2008 to now you have doubled-plus (250%) your worth in PM. [link to www.kitco.com] If you buy now and it does the same (as it will), by 2014, your $1700 asset invested (buying an ounce and taking delivery so you can put it in your treasure trove) will be worth $4300.00 Buy now -- not the paper gold/silver but the actual metal; take it home with you and bury it in the backyard. You may need this to buy your way out of the fascist state before too long. Those jewish people who were killed in the Holocaust had no money to buy their way out of Germany/Poland/Europe. Those who made it out had gold and diamonds to buy their way out to the Western Hemisphere and England. History is repeating. -- From time to time, the tree of liberty must be watered with the blood of patriots and tyrants. Know who you are. |
Anonymous Coward User ID: 1085867 United States 09/26/2011 07:15 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 2040825 Spain 09/26/2011 07:29 AM Report Abusive Post Report Copyright Violation | |