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Gold Futures Surge Above $2,050; Silver Nears $27

 
BRIEF

User ID: 39607259
United States
08/05/2020 07:50 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
This is another reason we have borders...we need to control the number of people entering or they will crash the system...
 Quoting: BRIEF


Legal immigrants pay tax, and a lot.

Controlling the border is a good term. Not blocking it.
 Quoting: 2012Portal


Absolutely, I'm all for proper immigration...they have the motivation to leave their homeland and come here! They will most likely work and contribute...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 79055109
08/05/2020 07:51 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
The way you can tell a bubble is look for the demand for the product...is there a higher demand for the industrial uses for gold and silver or is this just another pump and dump?
 Quoting: BRIEF


Or could the manipulation be over? Or is inflation creeping in from money printing?
 Quoting: Oxi moran


Just like the Gulf oil spill...yeah it's a lot of oil but it's also a HUGE ocean...inflation isn't really a concern at this point...I know you think it is, and I understand your logic, but it's not there...well, inflation is ALWAYS there, but not hyperinflation that you are afraid of...
 Quoting: BRIEF


Lol, 4 trillion printed in 6 months and “inflation isn’t really a concern at this point.” You’re a tard BRIEF.
BRIEF

User ID: 39607259
United States
08/05/2020 07:51 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
This is another reason we have borders...we need to control the number of people entering or they will crash the system...
 Quoting: BRIEF


Legal immigrants pay tax, and a lot.

Controlling the border is a good term. Not blocking it.
 Quoting: 2012Portal


I also pay foreign taxes...international funds require it...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 39607259
United States
08/05/2020 07:52 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
The way you can tell a bubble is look for the demand for the product...is there a higher demand for the industrial uses for gold and silver or is this just another pump and dump?
 Quoting: BRIEF


Or could the manipulation be over? Or is inflation creeping in from money printing?
 Quoting: Oxi moran


Just like the Gulf oil spill...yeah it's a lot of oil but it's also a HUGE ocean...inflation isn't really a concern at this point...I know you think it is, and I understand your logic, but it's not there...well, inflation is ALWAYS there, but not hyperinflation that you are afraid of...
 Quoting: BRIEF


dude

Inflation is already here

prices have basically doubled on food / household goods
 Quoting: ^TrInItY^


That's a supply and demand thing, not hyperinflation...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 39607259
United States
08/05/2020 07:52 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
The way you can tell a bubble is look for the demand for the product...is there a higher demand for the industrial uses for gold and silver or is this just another pump and dump?
 Quoting: BRIEF


Or could the manipulation be over? Or is inflation creeping in from money printing?
 Quoting: Oxi moran


Just like the Gulf oil spill...yeah it's a lot of oil but it's also a HUGE ocean...inflation isn't really a concern at this point...I know you think it is, and I understand your logic, but it's not there...well, inflation is ALWAYS there, but not hyperinflation that you are afraid of...
 Quoting: BRIEF


Lol, 4 trillion printed in 6 months and “inflation isn’t really a concern at this point.” You’re a tard BRIEF.
 Quoting: Anonymous Coward 79055109


Watch and learn...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 39607259
United States
08/05/2020 07:55 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
The 6.3% increase in population over the last ten years doesn't reflect illegals...at least not all of them, so it's a conservative and likely low estimate by the Census...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Oxi moran

User ID: 69024664
United States
08/05/2020 08:09 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
The 6.3% increase in population over the last ten years doesn't reflect illegals...at least not all of them, so it's a conservative and likely low estimate by the Census...
 Quoting: BRIEF


Brief, I would believe you if rates (mortgages rates) were increasing... Dude the real estate market/stock market/precious metals are telling you INFLATION is here and it's not going anywhere.. WATCH and LEARN!
Oxi moran

User ID: 69024664
United States
08/05/2020 08:10 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
...


Or could the manipulation be over? Or is inflation creeping in from money printing?
 Quoting: Oxi moran


Just like the Gulf oil spill...yeah it's a lot of oil but it's also a HUGE ocean...inflation isn't really a concern at this point...I know you think it is, and I understand your logic, but it's not there...well, inflation is ALWAYS there, but not hyperinflation that you are afraid of...
 Quoting: BRIEF


Lol, 4 trillion printed in 6 months and “inflation isn’t really a concern at this point.” You’re a tard BRIEF.
 Quoting: Anonymous Coward 79055109


Watch and learn...
 Quoting: BRIEF


MELTUP!
BRIEF

User ID: 39607259
United States
08/05/2020 08:12 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
The 6.3% increase in population over the last ten years doesn't reflect illegals...at least not all of them, so it's a conservative and likely low estimate by the Census...
 Quoting: BRIEF


Brief, I would believe you if rates (mortgages rates) were increasing... Dude the real estate market/stock market/precious metals are telling you INFLATION is here and it's not going anywhere.. WATCH and LEARN!
 Quoting: Oxi moran


Due to the forced shutdown of small businesses, all the data you are seeing is temporary and basically dishonest...when covid goes away, we will recover and grow even bigger...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 39607259
United States
08/05/2020 08:13 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
Win or lose I always put my money where my mouth is...while you invest in one or two metals, I'm in the whole economy...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Oxi moran

User ID: 69024664
United States
08/05/2020 08:17 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
Win or lose I always put my money where my mouth is...while you invest in one or two metals, I'm in the whole economy...
 Quoting: BRIEF


Just stay in cash... It should pay off well!
BRIEF

User ID: 39607259
United States
08/05/2020 08:22 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
Win or lose I always put my money where my mouth is...while you invest in one or two metals, I'm in the whole economy...
 Quoting: BRIEF


Just stay in cash... It should pay off well!
 Quoting: Oxi moran


Then you will lose to inflation...and I live off the income from my investments...I sell every quarter...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 39607259
United States
08/05/2020 08:24 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
All one has to do to realize the wealth of the US, is to look at our resources...ya know how wealthy Saudi Arabia got off of oil? We now produce more oil than they do...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 39607259
United States
08/05/2020 08:25 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
Our net worth far exceeds the debt.
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
Anonymous Coward
User ID: 79183211
United States
08/05/2020 08:30 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
As long as Bitcoin keeps going up.

The gold market is a rigged game... 99% of gold on Earth is already mined and in private vaults.

I have no idea why people are so eager to jump on the gold train?

At least Bitcoin is limited and only 11 years old... plenty of time to get in.
 Quoting: Anonymous Coward 22067365


?
Anonymous Coward
User ID: 79217234
Canada
08/05/2020 08:31 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
$2040...

It hit $2050 this morning...

$2100 close...
Anonymous Coward
User ID: 78465817
Canada
08/05/2020 08:33 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
Our net worth far exceeds the debt.
 Quoting: BRIEF


You have made a lot of interesting posts in this thread that I agree with

It’s put me in somewhat of a conundrum with my silver
Anonymous Coward
User ID: 79183211
United States
08/05/2020 08:33 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
...


Or could the manipulation be over? Or is inflation creeping in from money printing?
 Quoting: Oxi moran


Just like the Gulf oil spill...yeah it's a lot of oil but it's also a HUGE ocean...inflation isn't really a concern at this point...I know you think it is, and I understand your logic, but it's not there...well, inflation is ALWAYS there, but not hyperinflation that you are afraid of...
 Quoting: BRIEF


Lol, 4 trillion printed in 6 months and “inflation isn’t really a concern at this point.” You’re a tard BRIEF.
 Quoting: Anonymous Coward 79055109


Watch and learn...
 Quoting: BRIEF


It's the 640-trillion the banks are holding in derivatives..........
Anonymous Coward
User ID: 79217234
Canada
08/05/2020 08:34 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
Our net worth far exceeds the debt.
 Quoting: BRIEF


26 trillion??? whats publically known, its much higher than that in reality.

I disagree...
BRIEF

User ID: 39607259
United States
08/05/2020 08:39 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
...


Just like the Gulf oil spill...yeah it's a lot of oil but it's also a HUGE ocean...inflation isn't really a concern at this point...I know you think it is, and I understand your logic, but it's not there...well, inflation is ALWAYS there, but not hyperinflation that you are afraid of...
 Quoting: BRIEF


Lol, 4 trillion printed in 6 months and “inflation isn’t really a concern at this point.” You’re a tard BRIEF.
 Quoting: Anonymous Coward 79055109


Watch and learn...
 Quoting: BRIEF


It's the 640-trillion the banks are holding in derivatives..........
 Quoting: Anonymous Coward 79183211


Big scary numbers again...derivatives are basically contracts sold based on the performance of an asset...do you think there's going to be a 600 trillion dollar margin call?
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
condor819

User ID: 79229012
United States
08/05/2020 08:43 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
Our net worth far exceeds the debt.
 Quoting: BRIEF


26 trillion??? whats publically known, its much higher than that in reality.

I disagree...
 Quoting: COVID19


Unfortunately our net worth is based a scrap of paper that has lost 97+ % of its value since its inception... go ask the Roman Empire what their net worth is... at the end they ran out of gold and silver to mint coins with as well.
BRIEF

User ID: 39607259
United States
08/05/2020 08:46 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
Our net worth far exceeds the debt.
 Quoting: BRIEF


26 trillion??? whats publically known, its much higher than that in reality.

I disagree...
 Quoting: COVID19


Unfortunately our net worth is based a scrap of paper that has lost 97+ % of its value since its inception... go ask the Roman Empire what their net worth is... at the end they ran out of gold and silver to mint coins with as well.
 Quoting: condor819


What was the Roman stock market like for its duration...oh yeah, Apples and Oranges...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
BRIEF

User ID: 39607259
United States
08/05/2020 08:47 AM

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Re: Gold Futures Surge Above $2,050; Silver Nears $27
I bet the Roman stock market exploded when they invented and began producing chariots...
I never forgive and I never forget

I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.

Briefcut4892
WyatteSmith

User ID: 76903646
United States
08/05/2020 08:48 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
SLV options purchased 2 days ago....



winning1
WyatteSmith

User ID: 76903646
United States
08/05/2020 09:21 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
I bought SLV Sep 4 28.00 call for .53 each 2 days ago...

Waiting for open to see what I get to sell them for...
Anonymous Coward
User ID: 76724217
United Kingdom
08/05/2020 09:24 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
I bet the Roman stock market exploded when they invented and began producing chariots...
 Quoting: BRIEF


I'm sure you know that stock markets only came into being many centuries after the Fall of Rome.

Stock markets require limited liability joint-stock companies, which were invented around 1700AD.

drevil
Anonymous Coward
User ID: 78803740
United States
08/05/2020 09:35 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
The 6.3% increase in population over the last ten years doesn't reflect illegals...at least not all of them, so it's a conservative and likely low estimate by the Census...
 Quoting: BRIEF


Brief, I would believe you if rates (mortgages rates) were increasing... Dude the real estate market/stock market/precious metals are telling you INFLATION is here and it's not going anywhere.. WATCH and LEARN!
 Quoting: Oxi moran


Due to the forced shutdown of small businesses, all the data you are seeing is temporary and basically dishonest...when covid goes away, we will recover and grow even bigger...
 Quoting: BRIEF



all the "profits" you brag about ARE hyperinflated. slow learner.
WyatteSmith

User ID: 76903646
United States
08/05/2020 09:36 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
I bought SLV Sep 4 28.00 call for .53 each 2 days ago...

Waiting for open to see what I get to sell them for...
 Quoting: WyatteSmith


Just sold each option for .88

Wow, what a good day. Think I will take the rest of the day off and hit the lake.


.
Head2Bunker

User ID: 77394391
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08/05/2020 09:40 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
27
5a
Anonymous Coward
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08/05/2020 10:03 AM
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Re: Gold Futures Surge Above $2,050; Silver Nears $27
Live Silver Price

MARKET IS OPEN (Will close in 7 hrs. 1 min.)
Aug 05, 2020 10:00 NY Time
US Dollar

Oz
27.02Bid
27.12Ask
High: 27.22
Low: 25.70
+1.00
+3.86%


Aug 05, 2020 10:02 NY Time

Bid

2,042.90+23.50 (+1.16%)
Ask2,043.90
Gold Spot Price Gold Price Today Change
Gold price per ounce 2,042.90 +23.50
Gold price per gram 65.68 +0.76


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