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Final gold and silver plunge coming up soon?

 
Anonymous Coward
User ID: 48759025
United States
10/22/2013 01:37 PM
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Re: Final gold and silver plunge coming up soon?
I have been thinking of scoring some silver coins monthly.
Thinking about the Canadian maple leaf 1 ounce coin.

Anyway my question is this...
If the dollar crashed what do you think silver would climb too??

Reason I say that is this video I watched about what may come to pass on sept 13th 2015.
[link to m.youtube.com]



Thanks
Anonymous Coward
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United Kingdom
10/22/2013 01:47 PM
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Re: Final gold and silver plunge coming up soon?
sealsealseal
andawg221

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10/23/2013 05:00 AM
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Re: Final gold and silver plunge coming up soon?
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


I've been saying the same thing. We kicked the can down the road again, so no need for people to rush to gold or silver just yet.

I see Dow at 17,500 before it pops and gold at $1,000 silver at $15 give or take a little on all those.

But I still think we will go into north Korea at some point, and this maybe the last time we get to kick the can!

Then stock bubble pops and we head into hyperinflation and finally pm has its run.
Anonymous Coward
User ID: 47547454
Australia
10/23/2013 05:23 AM
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Re: Final gold and silver plunge coming up soon?
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


1000 gold ? I highly doubt that The RSI is ready to rise, the CCI is rising from oversold conditions, and the macd is positive.The silver chart is even more bullish

The usd index has lost a major support level at 80

Green light for gold and silver imo.

BTW we are called Gold bugs.
Anonymous Coward
User ID: 42888336
Germany
10/23/2013 05:58 AM
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Re: Final gold and silver plunge coming up soon?
PMtard present. been hanging on for quite some years now :)

i would be amazed to see sub 20 bucks silver. i wonder if there won't be another plunge...perhaps the bottom is in...but i'm generally wrong about this kind of stuff :D
emy1

User ID: 36808367
Canada
10/23/2013 02:31 PM
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Re: Final gold and silver plunge coming up soon?
so bottom line...when is a good time to buy gold?
www.BrainWaveAndCrystals.com
www.HowToManifest.net
Anonymous Coward
User ID: 48810384
United States
10/23/2013 03:39 PM
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Re: Final gold and silver plunge coming up soon?
I have been thinking of scoring some silver coins monthly.
Thinking about the Canadian maple leaf 1 ounce coin.

Anyway my question is this...
If the dollar crashed what do you think silver would climb too??

Reason I say that is this video I watched about what may come to pass on sept 13th 2015.
[link to m.youtube.com]



Thanks
 Quoting: Anonymous Coward 48759025


bump
Anonymous Coward
User ID: 48836972
United States
10/23/2013 11:30 PM
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Re: Final gold and silver plunge coming up soon?
PMtard present. been hanging on for quite some years now :)

i would be amazed to see sub 20 bucks silver. i wonder if there won't be another plunge...perhaps the bottom is in...but i'm generally wrong about this kind of stuff :D
 Quoting: Anonymous Coward 42888336


It was at $17.90 a few months ago. So it wouldn't ne a huge shock really.
Punk-A$$ets  (OP)

User ID: 30559668
United States
11/25/2013 12:00 PM
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Re: Final gold and silver plunge coming up soon?
This is what I am seeing and have been seeing to a T. Basically this guy today sums up what I have gleaned from all the cyclical theory guys I follow. Look I was bullish on gold until it broke down from the cup and handle formation. 3 -6 months minimum for gold and silver bottoms I say.

[link to dailyreckoning.com]
Anonymous Coward
User ID: 1065356
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11/25/2013 12:03 PM
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Re: Final gold and silver plunge coming up soon?
you can't eat gold or silver

5a
Punk-A$$ets  (OP)

User ID: 30559668
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11/25/2013 12:05 PM
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Re: Final gold and silver plunge coming up soon?
By the way, there is a nasty head and shoulders pattern in gold right now. Hard to miss.
teslafire

User ID: 34421530
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11/25/2013 12:06 PM
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Re: Final gold and silver plunge coming up soon?
pm tard here also

16000 dow and qe infinitum is the reason punk assets

from what i understand, this is the last one

OR when they said gold would be worth 5k/ounce maybe they meant with hyperinflated dollars
teslafire

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11/25/2013 12:06 PM
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Re: Final gold and silver plunge coming up soon?
you can't eat gold or silver

5a
 Quoting: Anonymous Coward 1065356


you can eat shit though!
Punk-A$$ets  (OP)

User ID: 30559668
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11/25/2013 12:09 PM
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Re: Final gold and silver plunge coming up soon?
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


1000 gold ? I highly doubt that The RSI is ready to rise, the CCI is rising from oversold conditions, and the macd is positive.The silver chart is even more bullish

The usd index has lost a major support level at 80

Green light for gold and silver imo.

BTW we are called Gold bugs.
 Quoting: Anonymous Coward 47547454


$900 sits nicely in the charts. Sounds crazy but we've never ever back tested $1000 support. The $900 high in 1980 would be a terrific place to bounce from being a nice punch through the one grand level. I'm ready to pounce but its likely a long way out yet.

Were PM tards here at GLP. What are left of us anyhow.
Punk-A$$ets  (OP)

User ID: 30559668
United States
11/25/2013 12:17 PM
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Re: Final gold and silver plunge coming up soon?
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


I've been saying the same thing. We kicked the can down the road again, so no need for people to rush to gold or silver just yet.

I see Dow at 17,500 before it pops and gold at $1,000 silver at $15 give or take a little on all those.

But I still think we will go into north Korea at some point, and this maybe the last time we get to kick the can!

Then stock bubble pops and we head into hyperinflation and finally pm has its run.
 Quoting: andawg221
I dont see the hyperinflation playing out. Maybe I will change my mind about that later?
Punk-A$$ets  (OP)

User ID: 30559668
United States
11/26/2013 07:25 AM
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Re: Final gold and silver plunge coming up soon?
Its hammer time.
Anonymous Coward
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11/27/2013 01:25 PM
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Re: Final gold and silver plunge coming up soon?
By the way, there is a nasty head and shoulders pattern in gold right now. Hard to miss.
 Quoting: Punk-A$$ets


Does technical analysis matter in an obviously rigged market? Not to say you are wrong, as you seem intelligent enough to me. But it would seem that in the age of algos, Bart Chilton, COMEX manipulation, and a coordinated global currency devaluation make the notion of any meaningful prognostication impossible. Meanwhile, an electronic currency backed by nothing will almost fetch you an ounce of AG. Go figure.
Riding!
User ID: 15483798
United States
11/27/2013 01:29 PM
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Re: Final gold and silver plunge coming up soon?
Just trying to time the bottom....I'm hoping for bottom come Jan....got 10K fiat bonus to convert....
Anonymous Coward
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11/27/2013 01:50 PM
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Re: Final gold and silver plunge coming up soon?
If you go to the Daily Job Cuts website and look at Nov 26, two big mining companies just announced major job cuts due to the dropping price of gold....When more mining operations go belly up the supply will diminish and then its Game On!
T-Man
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User ID: 29080459
Netherlands
11/27/2013 01:57 PM

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Re: Final gold and silver plunge coming up soon?
i want to become a silvertard (wow) and have a few questions.

i know silver was about 980 euro for a kilo not even a year ago. its 470 now. looking at the chart i would say theres a very small chance it going back up there again in a while.
looking at old prices id expact it to go down to 200 or 300 rather than up.

is this correct thinking tho?

because obviously i was thinking about buying a few kilos now that its 480, knowing it was 900+ not so long ago. at the same time i feel like it might just go much lower also?!

any tards care to help me out?
T-Man
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11/27/2013 01:58 PM

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Re: Final gold and silver plunge coming up soon?
If you go to the Daily Job Cuts website and look at Nov 26, two big mining companies just announced major job cuts due to the dropping price of gold....When more mining operations go belly up the supply will diminish and then its Game On!
 Quoting: Anonymous Coward 50299858


but at the same time that would mean silver prices are about to drop even more (why else would they cut jobs)

so would i be wise to wait a little longer before stepping into the game?
Quasar
User ID: 36865250
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11/27/2013 02:03 PM
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Re: Final gold and silver plunge coming up soon?
Dollar will be devalued soon by 50% against gold...
T-Man
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11/27/2013 02:10 PM

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Re: Final gold and silver plunge coming up soon?
Dollar will be devalued soon by 50% against gold...
 Quoting: Quasar 36865250


ok
but what if im buying it in euros?

also. what if i were to sell off dollars now, buy them back when theyve dropped in price and than use the money id make of that to buy silver in euros?
that would double the money, not?
Anonymous Coward
User ID: 48918939
United States
11/27/2013 02:20 PM
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Re: Final gold and silver plunge coming up soon?
PMs will be pushed to near zero in order for you to panic and give it up to the bankers in exchange for inflated and depleted greenbacks, and then they will tank the fiat and reinstate PMs, with it (PMs) made illegal for the public to own or transfer it.

Thats what I was told, and so far its going that way.

They did it before, they are doing it again.

They want it all.
Anonymous Coward
User ID: 45181384
United States
11/27/2013 02:29 PM
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Re: Final gold and silver plunge coming up soon?
Dollar will be devalued soon by 50% against gold...
 Quoting: Quasar 36865250


ok
but what if im buying it in euros?

also. what if i were to sell off dollars now, buy them back when theyve dropped in price and than use the money id make of that to buy silver in euros?
that would double the money, not?
 Quoting: T-Man


Who knows? The only thing for certain is that countries around the world are devaluing their currencies intentionally so that their exports remain strong and their inflation goes abroad. That being the case, there is no safe currency to hop into, just a carousel of currencies that are worth less than they were the day before. Strength is relative when you are racing to the bottom.


China has expanded its financial balance sheet by 50% more than the assets of all global central banks combined, but they are snatching up gold as fast as they can. It would seem to me obvious what the endgame is. It is the same endgame everytime you try to clip coins or print to infinity. Trust is lost, and at that point all that really matters are things of real tangible and fungible value. Paper is a promise.
Punk-A$$ets  (OP)

User ID: 30559668
United States
11/27/2013 02:54 PM
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Re: Final gold and silver plunge coming up soon?
By the way, there is a nasty head and shoulders pattern in gold right now. Hard to miss.
 Quoting: Punk-A$$ets


Does technical analysis matter in an obviously rigged market? Not to say you are wrong, as you seem intelligent enough to me. But it would seem that in the age of algos, Bart Chilton, COMEX manipulation, and a coordinated global currency devaluation make the notion of any meaningful prognostication impossible. Meanwhile, an electronic currency backed by nothing will almost fetch you an ounce of AG. Go figure.
 Quoting: Anonymous Coward 45181384


The tech analysis is just an observation. Besides, most of it is over my head anyway. However, that cup and handle breakdown was my reason to stand aside for the most part and boy am I glad I did.

I would love to own bitcoin but I know nothing about it. Meanwhile I am astonished at its meteoric rise. If I bought it, it'd go to zero overnight.

Last Edited by Chucklebutt on 11/27/2013 02:55 PM
BattlesightZero

User ID: 32606525
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11/27/2013 02:56 PM
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Re: Final gold and silver plunge coming up soon?
If you go to the Daily Job Cuts website and look at Nov 26, two big mining companies just announced major job cuts due to the dropping price of gold....When more mining operations go belly up the supply will diminish and then its Game On!
 Quoting: Anonymous Coward 50299858


"You can avoid reality, but you cannot avoid the consequences of avoiding reality".

The market are what the markets do, and what they do best is avoid "pain".

Yeah, we're about to drown in the consequences...
BattlesightZero

YOU, and only YOU are responsible for maintaining the balance of power between you and the rest of the semi-sentient beings in this world. You cannot disclaim or delegate that responsibility; it is a function of being a living, breathing "adult" in this world. If you can't manage yourself on those terms, someone else *will* manage you on their terms. Your terms are irrelevant. Buy a rifle; prepare to defend yourself. If you don't, what happens is *your* fault. Period.
Anonymous Coward
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11/27/2013 02:59 PM
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Re: Final gold and silver plunge coming up soon?
Dollar will be devalued soon by 50% against gold...
 Quoting: Quasar 36865250


ok
but what if im buying it in euros?

also. what if i were to sell off dollars now, buy them back when theyve dropped in price and than use the money id make of that to buy silver in euros?
that would double the money, not?
 Quoting: T-Man


saw a commercial on one of the business channels this morning, and i have to say, it really has me thinking and trying to put a bunch of pieces together.

it was for old uncirculated silver dollars that were stored away for decades and are now selling them 20 at a time for 20 dollars each with a 21st for only a buck.

now from what i understand, there are more contracts on each piece of silver than there are on gold, silver has more than 10,000 industrial uses, and there is much less above ground metal that meets demand.

i am left wondering that if the price of metals is supposed to skyrocket, why is the general impetus to sell all silver, and not hoard knowing what the upside should be?

is there new technology that no longer needs silver?

is there a comet on the way making money useless, let alone any of earth's resources?

is this the greatest wealth transfer in history?

if everyone knows the true value of silver, you have to ask yourself why larger brokers would sell in this market. in my opinion, something wicked cometh. don't get me wrong, i have my own silver.
Anonymous Coward
User ID: 48918939
United States
11/27/2013 03:06 PM
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Re: Final gold and silver plunge coming up soon?
The question is really not what the lowest price is, but whether you can buy at that price at all under favorable circumstances.
The other is the clear groundwork already laid in the record for confiscation of anything remotely associated with PM ownership and transfer without any compensation whatsoever.
The govt has created a continuation meme entitlement for itself which doesnt include you with exception of doing the forced labor part of it.
They've legitimized all forms of confiscation, and I think they mean to implement it when it suits them to do so.

If they can tax it or take it or remove you away from it, its not really yours, is it?
Anonymous Coward
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11/27/2013 03:08 PM
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Re: Final gold and silver plunge coming up soon?
I would love to own bitcoin but I know nothing about it. Meanwhile I am astonished at its meteoric rise. If I bought it, it'd go to zero overnight.
 Quoting: Punk-A$$ets


Me too. It has been fascinating to watch. And I apologize for the mistake. Bitcoin is fetching nearly an ounce of gold, not silver. I just can't wrap my head around it.

I suppose the black market aspects of Bitcoin (silk road) would be useful, assuming you have a whole mess of cash that needed to be laundered, but still. You are putting a lot of trust into a system that is an obvious ponzi scheme that is backed by nothing at all. And should the lights go out permanently your investment is worth fuck all. That being said, I wouldn't own minding a few. Any hedge is a good hedge.





GLP