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Gold Tumbles Below $1800, Erases All YTD Gains

 
Anonymous Coward
User ID: 79497370
Spain
05/13/2022 11:48 AM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
And where are they supposed to sell me physical gold and silver at those prices? Because I haven't found a single gram at the quotation price for more than three years.

They can put the price they want, but its value does not stop rising, curious thing, right?

The Russians must be delighted to see how the West sells them the cheapest gold, and if they press down them a little, they accept silver as well.

But let's see, production costs are going up and is the price of the final product going down?, fuck, they piss on us and tell us it's raining on us.


.
Anonymous Coward
User ID: 22255432
United States
05/13/2022 11:52 AM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
But Silver is up!
Empath4U

User ID: 83180151
United States
05/13/2022 12:00 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
It is obvious the entire system is rigged, from Fiat to crypto to Commodities.
With the amount of Inflation we have Gold and Silver going DOWN? Rigged!
 Quoting: Anonymous Coward 82744901


clappa
Yin and yang is never ending because if it did so would everything.....
Anonymous Coward
User ID: 73786760
United States
05/13/2022 12:06 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
DO NOT SELL YOUR SILVER AND GOLD

DO NOT...

They are manipulating the price to scare you into selling it.

They need your gold and silver.

Do not give in
Hard Eight

User ID: 75863275
United States
05/13/2022 12:09 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
Silver got absolutely wrecked this past couple months.
 Quoting: Anonymous Coward 76296796


Considering loading the boat but physical premiums $3+
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Terrebonne

User ID: 2413039
United States
05/13/2022 12:09 PM

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Re: Gold Tumbles Below $1800, Erases All YTD Gains
It is obvious the entire system is rigged, from Fiat to crypto to Commodities.
With the amount of Inflation we have Gold and Silver going DOWN? Rigged!
 Quoting: Anonymous Coward 82744901


wellsaid

.
INFJ; We are the protectors.
Big Duke6

User ID: 81810934
Canada
05/13/2022 12:14 PM

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Re: Gold Tumbles Below $1800, Erases All YTD Gains
the dollar climes so that explains gold
unemployment is low 3.6%, headed lower
inflation and the the dollar should be tangible
BUT THERE NOT
more dollars mean inflation
more dollars mean low the dollar's value is
BUT it's NOT
 Quoting: Anonymous Coward 82496760


The unemployment rate stopped being meaningful with the amount of welfare pumped out ... the participation rate in the economy is in the shitter
Anonymous Coward
User ID: 79391326
Switzerland
05/13/2022 12:14 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
just bought 300,000 LUNA coins for only $20!! on KuCoin

look at the charts from early this morning! it popped to 0.02 cents! that would have made $6000 dollars

5a
ReoX

User ID: 78058528
Malaysia
05/13/2022 12:16 PM

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Re: Gold Tumbles Below $1800, Erases All YTD Gains
The government wants you dead, not rich.
Anonymous Coward
User ID: 81878908
Ecuador
05/13/2022 12:16 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
scream

lala
Anonymous Coward
User ID: 82300844
Mexico
05/13/2022 12:19 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
Buying silver all the down till it hits bottom, then all the up again. Cost averaging out is great stuff.

I may do another 30k in silver now.
Dukembg

User ID: 70323438
United States
05/13/2022 12:22 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
Dollar stronger = gold weaker

Accumulate while the prices are low. Fed will have to reverse unless they intentionally want to be blamed for crashing the markets.
Prepare yourself for the coming power outage!!

Thread: Cyber Attack = American Blackout!!! Power Grid Vulnerable!
Anonymous Coward
User ID: 80882280
United States
05/13/2022 12:25 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
It is obvious the entire system is rigged, from Fiat to crypto to Commodities.
With the amount of Inflation we have Gold and Silver going DOWN? Rigged!
 Quoting: Anonymous Coward 82744901


Yet the housing market is at a all time high. Economy is great!
Anonymous Coward
User ID: 82488176
United States
05/13/2022 12:25 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
Again, actual buyers and consumers of physical know different. The jig may be up on the paper PM scam…at the very least, the market is showing no confidence in it.

As paper PMs fall, the premiums on physical are rising…values on physical are holding the old gains, and in some cases surpassing them.

Continue to watch what Russia is doing very loudly, and what China has been doing very quietly…shoring up their physical holdings, as well as adding to them. Why? Because they’re pegging their currencies to them as well as making moves to boot the US dollar from oil.
 Quoting: Larphillips

hesright
BeetusTech

User ID: 80060400
United States
05/13/2022 12:37 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
Smashdowns to keep the cattle from being spooked. It's not a prison planet, it's a feedlot.
Anonymous Coward
User ID: 83192335
United States
05/13/2022 12:38 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
The market on premiums is high, $15+ for silver, $120 on gold, and $150 on platinum. The disconnect is here. Stock now.
Liquidmetal

User ID: 81096904
United Kingdom
05/13/2022 12:42 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
Russians & Chinese been buying it like crazy last 10years.
Got red karmer? I salute you!. You must of spoke your mind to someone......keep it up!
Bloody Peasant!

User ID: 22020898
United States
05/13/2022 12:43 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
Why not buy fertile productive land with good water instead?
This business will get out of control. It will get out of control and we'll be lucky to live through it.

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The past was alterable. The past never had been altered. Oceania was at war with Eastasia. Oceania had always been at war with Eastasia.

-Orwell

Bloody Peasant
siwy

User ID: 50343182
United States
05/13/2022 12:44 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
The big boys dumped it so you'd sell your shares and now that they've loaded up they're gonna run this HARD! bull flag on silver shows upper $40's by October - mining company shares will go apeshit!

Anonymous Coward
User ID: 76626437
United States
05/13/2022 12:45 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
No one guessed that precious metals would decline in value during a period of high inflation.
 Quoting: Anonymous Coward 77791173


Not to mention Saintan Putin threatening to kill off the whole fuking world unless hes declared emperor of the World by all.
TruthSeeker0511

User ID: 81091605
United States
05/13/2022 12:46 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
I've never understood how people who believe the vax is genocide event would also buy gold and silver. My thought here is that if there are less people, less products are needed and the need for gold and silver would be minimal but maybe I just don't understand.
TruthSeeker0511
Anonymous Coward
User ID: 82560854
Canada
05/13/2022 12:54 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
How come when the price gets smashed physical is always sold out or you have to wait 6 weeks for delivery?
Anonymous Coward
User ID: 68091613
Canada
05/13/2022 12:58 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
Again, actual buyers and consumers of physical know different. The jig may be up on the paper PM scam…at the very least, the market is showing no confidence in it.

As paper PMs fall, the premiums on physical are rising…values on physical are holding the old gains, and in some cases surpassing them.

Continue to watch what Russia is doing very loudly, and what China has been doing very quietly…shoring up their physical holdings, as well as adding to them. Why? Because they’re pegging their currencies to them as well as making moves to boot the US dollar from oil.
 Quoting: Larphillips



Exactly. I was taught that the paper price of gold would fall while physical went into hiding, as the paper gold market eventually died.

Let's hope the paper price continues to fall..
Anonymous Coward
User ID: 82560854
Canada
05/13/2022 01:01 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
I've never understood how people who believe the vax is genocide event would also buy gold and silver. My thought here is that if there are less people, less products are needed and the need for gold and silver would be minimal but maybe I just don't understand.
 Quoting: TruthSeeker0511


There is roughly 187000 metric tones of gold in the world that’s roughly 6.5 billon ounces.

Population 7.9 billion. That’s < 1oz per person.

There will only ever be 21 million bitcoin. See the problem here
Anonymous Coward
User ID: 80274448
United States
05/13/2022 01:01 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
I have been posted for over a year that i truly believe that silver will stay 19-20 while everything else goes up and silver will continue going down.
Bix "Grand Canyon" W
User ID: 81902906
Ecuador
05/13/2022 01:02 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
How come when the price gets smashed physical is always sold out or you have to wait 6 weeks for delivery?
 Quoting: Anonymous Coward 82560854


Just call my guy, Andy Schectman, andy @ milesfranklin.com

If Andy can't get physical, nobody can.

5a
Anonymous Coward
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Cyprus
05/13/2022 01:02 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains


Paper, not physical Gold. Russian, China and King Charles chair hold all the real gold.
Anonymous Coward
User ID: 83156888
Norway
05/13/2022 01:03 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
All those gold hypers should have their assholes filled with liquid gold.
Anonymous Coward
User ID: 83082040
United States
05/13/2022 01:03 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
buying opportunity. 10 year cup and handle on gold.

load up on physical, miners, etc.

they've chosen currency collapse, and especially with booting Russia from SWIFT - that was a huge nail in the coffin for the dollar.
Pistis Sophia of the 13th Aeon

User ID: 80472187
United States
05/13/2022 01:04 PM
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Re: Gold Tumbles Below $1800, Erases All YTD Gains
It is obvious the entire system is rigged, from Fiat to crypto to Commodities.
With the amount of Inflation we have Gold and Silver going DOWN? Rigged!
 Quoting: Anonymous Coward 82744901


wellsaid

 Quoting: Terrebonne


hesright
"Honey, I’m the original one-eyed chicklet in the kingdom of the blind."





GLP