Gold Tumbles Below $1800, Erases All YTD Gains | |
XJDUB
User ID: 75533812 Canada 05/13/2022 04:05 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 83233810 05/13/2022 04:08 PM Report Abusive Post Report Copyright Violation | |
We Are Slaves
User ID: 82997802 Canada 05/13/2022 04:11 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80154459 United States 05/13/2022 04:16 PM Report Abusive Post Report Copyright Violation | Again, actual buyers and consumers of physical know different. The jig may be up on the paper PM scam…at the very least, the market is showing no confidence in it. Quoting: Larphillips As paper PMs fall, the premiums on physical are rising…values on physical are holding the old gains, and in some cases surpassing them. Continue to watch what Russia is doing very loudly, and what China has been doing very quietly…shoring up their physical holdings, as well as adding to them. Why? Because they’re pegging their currencies to them as well as making moves to boot the US dollar from oil. The big boys don't care what you hobby stackers pay for your coins and 10 OzT bars, they buy 1000 OzT 'good delivery' bars by the hundreds and thousands. This is the retail price of a single good delivery bar today:$ 22,272.41 You will pay less in quantity. [link to www.goldcore.com (secure)] Can't even place an order for more than 3 bars online. I doubt they have the inventory and will simply sell you a serial number. Kinda like crypto! |
Hard Eight
User ID: 75863275 United States 05/13/2022 04:19 PM Report Abusive Post Report Copyright Violation | Thanks for the much needed chuckle ! Equity portfolio has taken a biden in it’s drawers. Texas has yet to learn submission to any oppression, come from what source it may. Sam Houston "The beauty of the Second Amendment is that it will not be needed until they try to take it." Thomas Jefferson If you don't read the newspaper you are uninformed, if you do read the newspaper you are misinformed. -- Mark Twain Giving money and power to government is like giving whiskey and keys to teenage boys. -- P.J. O'Rourke, Civil Libertarian |
Anonymous Coward User ID: 82346007 Australia 05/13/2022 04:24 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80381453 United Kingdom 05/13/2022 04:24 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80381453 United Kingdom 05/13/2022 04:25 PM Report Abusive Post Report Copyright Violation | |
Oracle Prime
User ID: 78614390 United States 05/13/2022 04:39 PM Report Abusive Post Report Copyright Violation | Quoting: BBQ BOY™ Maybe on paper, but I still cannot buy silver (as a few weeks ago) at my local coin shop for $5 over spot. More like $7-12, if it was in stock. Last Edited by Oracle Prime on 05/13/2022 04:52 PM |
Levski
User ID: 77069575 Sri Lanka 05/13/2022 05:00 PM Report Abusive Post Report Copyright Violation | No one guessed that precious metals would decline in value during a period of high inflation. Quoting: Anonymous Coward 77791173 Exactly! Good buying opportunity though! Praise the Lord! Last Edited by Levski on 05/13/2022 05:00 PM Noah was a conspiracy theorist too, until it started raining. |
Anonymous Coward User ID: 62741219 United States 05/13/2022 05:49 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79416424 United States 05/13/2022 05:56 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80041001 United States 05/13/2022 06:51 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 76883161 Canada 05/13/2022 06:55 PM Report Abusive Post Report Copyright Violation | It is obvious the entire system is rigged, from Fiat to crypto to Commodities. Quoting: Anonymous Coward 82744901 With the amount of Inflation we have Gold and Silver going DOWN? Rigged! This. First picked up on it crypto. Now super evident with commodity equities. It's all rigged. Master AI playing a game with itself. Too many coincidences, too many oddities on all time frames. Enjoy the ride. |
Anonymous Coward User ID: 75428318 United States 05/13/2022 07:48 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 62741219 United States 05/13/2022 07:55 PM Report Abusive Post Report Copyright Violation | It is obvious the entire system is rigged, from Fiat to crypto to Commodities. Quoting: Anonymous Coward 82744901 With the amount of Inflation we have Gold and Silver going DOWN? Rigged! This. First picked up on it crypto. Now super evident with commodity equities. It's all rigged. Master AI playing a game with itself. Too many coincidences, too many oddities on all time frames. Enjoy the ride. Of course it is. It's Their market. And they're not going to let anyone take it from them. |
Anonymous Coward User ID: 83196978 Australia 05/13/2022 08:38 PM Report Abusive Post Report Copyright Violation | What Is it used for? Always thought it over valued. Outside of jewelry, or a store of value, yes can be used in electronics but only in small amounts due to cost. Oh Google says dentistry and medicine too. Would not be surprised if it goes lower. Quoting: Anonymous Coward 57454371 It has always been a universal means of exchange. Can't eat it, but you can trade it anywhere for food. That won't change. Gold is solid. People are getting fooled by the paper mirage. |
Anonymous Coward User ID: 83196978 Australia 05/13/2022 08:42 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 83082040 United States 05/13/2022 08:47 PM Report Abusive Post Report Copyright Violation | What Is it used for? Always thought it over valued. Outside of jewelry, or a store of value, yes can be used in electronics but only in small amounts due to cost. Oh Google says dentistry and medicine too. Would not be surprised if it goes lower. Quoting: Anonymous Coward 57454371 It has always been a universal means of exchange. Can't eat it, but you can trade it anywhere for food. That won't change. Gold is solid. People are getting fooled by the paper mirage. seriously. why are people crying about a 10% consolidation when so many bloated tech stocks and cryptos have been slaughtered in gigantic bloodbaths. gold is the deal of the century right now. if it were fixed and recoupled to the money supply since 1971 it would be 5 figures easy |
Anonymous Coward User ID: 72756813 United States 05/13/2022 08:50 PM Report Abusive Post Report Copyright Violation | I want to buy a 1/10th ounce. Someone said to wait a few weeks. Any advice? Quoting: Anonymous Coward 80041001 Premiums are going to be high on that small of a denomination. I would save up for a few weeks and try to get a 1/2 oz. if possible. Likely gold is going down while the dollar gains strength. But if you read between he lines, the reason the dollar is gaining strength is because EVERYONE is saving up to buy the dip. |
Anonymous Coward User ID: 83082040 United States 05/13/2022 09:20 PM Report Abusive Post Report Copyright Violation | I want to buy a 1/10th ounce. Someone said to wait a few weeks. Any advice? Quoting: Anonymous Coward 80041001 Premiums are going to be high on that small of a denomination. I would save up for a few weeks and try to get a 1/2 oz. if possible. Likely gold is going down while the dollar gains strength. But if you read between he lines, the reason the dollar is gaining strength is because EVERYONE is saving up to buy the dip. i like all the sizes. some of the premium is made up for the fact it is somewhat fractional and possibly more proportional to whatever is being traded for. 1 oz coins down to 1/4 oz or what have you all serve a purpose. |
Anonymous Coward User ID: 83238979 United States 05/13/2022 09:23 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80204963 United States 05/13/2022 10:16 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 72756813 United States 05/13/2022 10:19 PM Report Abusive Post Report Copyright Violation | I want to buy a 1/10th ounce. Someone said to wait a few weeks. Any advice? Quoting: Anonymous Coward 80041001 Premiums are going to be high on that small of a denomination. I would save up for a few weeks and try to get a 1/2 oz. if possible. Likely gold is going down while the dollar gains strength. But if you read between he lines, the reason the dollar is gaining strength is because EVERYONE is saving up to buy the dip. i like all the sizes. some of the premium is made up for the fact it is somewhat fractional and possibly more proportional to whatever is being traded for. 1 oz coins down to 1/4 oz or what have you all serve a purpose. Agreed 1/4 oz has it's place. 1/10 oz does too but keep premiums vs. spot in mind when making a purchase. |
Anonymous Coward User ID: 72756813 United States 05/13/2022 10:23 PM Report Abusive Post Report Copyright Violation | |