REPORT ABUSIVE REPLY
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Message Subject
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IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE???
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Poster Handle
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Punk-A$$ets |
Post Content
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ebola may take Western African mines off production. Imagine how ebola would spread with a dozen guys underground together.
Indian holiday season along with low prices and their shift to silver due to tariffs could increase silver demand. SD bullion reports high sales in US. Seems demand at these levels has greatly increased.
Demand increase versus supply decrease. Big short positions. Will copper firm? Grains firm? If so, the shorts could begin facing headwinds.
Negative interest rates finally take away the argument that gold doesn't pay interest, because now the retort is, "gold doesn't lose interest."
Quoting: Anonymous Coward 56865887 Its all over with if we all get ebola so kiss ur ass goodbye. Indian holiday/ wedding season and us bullion demand are meaningless nonsense at this point IMO. Not a reason to buy metals. Its fluff from metals pumping, leg humping bulls - or worse, shills. Sorry, thats the way I view it. I think there is a glut of supply yet but short positions are building and thats good for now. I say we are getting close to a bottom for grains. Maybe 10% lower??? Lots of upside ahead there IMO. We better see if rates rise in the USA over the next year. If they do, look out below TEMPORARILY. If not, could be THE bottom for metals. A strong dollar is NOT good for economies so it would ultimately kill the USA economy which IS good for gold. So, it seems we need the strong dollar 1st to get things in motion.
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