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Message Subject Final gold and silver plunge coming up soon?
Poster Handle Punk-A$$ets
Post Content
Still looking for $1000 gold/ $15 silver, give or take 10% before we really turn around these markets. Any fellow PM tards left? lol
 Quoting: Punk-A$$ets


Really, sorry I disagree....you have nothing to support this but a statement. The real PM traders and 40+ year experts may disagree. At that price all mining will stop as average cost to produce 1oz is over 1100USD. The lower it goes the more China and India purchase. I suggest doing some research before you post a thread with out much backing data.
 Quoting: Mukk1234


Just looking at the support levels tells me all I need to know. I've done plenty of research and the one thing I've gleaned is that gold bulls and silver bulls generally spout off a bunch of gold and silver Bull(shit). The closing of mines is actually what we need to turn this thing around. I'm on your side I just see it differently.

You look at that downtrend in gold and you actually see something more than an arcing downtrend? Even with the pathetic bounce from $1180, its still arcing downward.
 
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