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Now is the once in a lifetime opportunity to get into gold and Silver, real info behind it.

 
Flying Poptart
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03/24/2020 06:56 AM
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Now is the once in a lifetime opportunity to get into gold and Silver, real info behind it.
Many metal mines are shut down due to virus.
However futures contracts keep trading.
If people start trying to take delivery while Mining has been shut down it wouldn't take much for inventory to run out for delivery and the whole paper market would become over run and and then prices off to the moon.

Can read futures here [link to www.thebalance.com (secure)]

Add to the fact of infinite fiat currency printing taking place and you've got the perfect storm.

This is not financial advice by the way. Take that as you will
Anonymous Coward
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03/24/2020 07:04 AM
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Re: Now is the once in a lifetime opportunity to get into gold and Silver, real info behind it.
.


Now?


Gold has been crushing it for 20 years.


[link to www.usfunds.com]


It is said, you want insurance before the house is on fire...
.
Anonymous Coward
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03/24/2020 07:23 AM
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Re: Now is the once in a lifetime opportunity to get into gold and Silver, real info behind it.
I figured infinite QE would lead to a serious dollar devaluation, so I did go another $10,000 USD into silver. They priced mine at like 13.30 or so and it's already above $14.00. Hopefully my order doesn't get messed up before it settles.
SilverCyprus

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03/24/2020 01:40 PM

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Re: Now is the once in a lifetime opportunity to get into gold and Silver, real info behind it.
Miners will shut down due to coronavirus AND the ridiculously low COMEX price.

This will likely cause some shortages and the physical POS could reach triple digits.
Anonymous Coward
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03/24/2020 01:48 PM
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Re: Now is the once in a lifetime opportunity to get into gold and Silver, real info behind it.
I figured infinite QE would lead to a serious dollar devaluation, so I did go another $10,000 USD into silver. They priced mine at like 13.30 or so and it's already above $14.00. Hopefully my order doesn't get messed up before it settles.
 Quoting: Anonymous Coward 78454198


Physical silver or "ha ha sucker sorry 'bout yer dumbness" silver?
Flying Poptart  (OP)

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03/25/2020 03:37 AM
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Re: Now is the once in a lifetime opportunity to get into gold and Silver, real info behind it.
Holy shit it's happening

“We don’t have enough hands to handle all the demand,” he said. “There is plenty of gold in the market, but it’s not in the right places. Nobody can deliver the gold because we are forced to stay home.”

[link to www.zerohedge.com (secure)]

Thread: Banks Can't deliver on Comex Gold Contracts





GLP