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Interesting. What be going on?
1 posted on 08/08/2021 4:37:22 PM PDT by dynachrome
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To: blam

Your thoughts?


2 posted on 08/08/2021 4:37:40 PM PDT by dynachrome ("I will not be reconstructed, and I do not give a damn.")
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To: dynachrome

What’s China doing with their gold ?


3 posted on 08/08/2021 4:38:39 PM PDT by butlerweave
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To: dynachrome

Isn’t the institutional flash selling of gold wall street boys helping the feds temporarily check inflation..


9 posted on 08/08/2021 4:45:18 PM PDT by Track9 (Watch out. They’re gonna get you)
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To: dynachrome

Any gold or silver people here offer advice to where to go about purchasing? Complete novice on where to purchase.

Thanks.


13 posted on 08/08/2021 5:23:12 PM PDT by ArizonaJacks
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To: dynachrome
When will the gold and silver folks ever learn? They didn't in 2008, or they're not now.

Gold and silver are commodities. They, along with other commodities will go down in price during monetary deflation (which is different from price inflation).

Going into cryptocurrency is also a very bad move. Does anybody really think that the international banks will allow cryptocurrency to survive as any form of monetary standard?

14 posted on 08/08/2021 5:29:22 PM PDT by politicket (Don't remove a Bernie Sanders bumper sticker. It's the only thing holding the car together!)
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To: dynachrome

https://www.zububrothers.com/2021/08/08/gold-flash-crashes-by-almost-100-as-4-billion-in-sell-orders-hit/

Link is down (503 ERROR) ...May be temporary


16 posted on 08/08/2021 5:34:44 PM PDT by HippyLoggerBiker (Always carry a flagon of whiskey in case of snakebite and furthermore always carry a small snake. )
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To: dynachrome

Gold futures are still paper. Banks short, buy again and short making paper profits on the volatility so that they can do this over and over with the same paper/ digital money.
The real market is what people pay for physical gold.
Was physical gold down $100?


20 posted on 08/08/2021 5:46:18 PM PDT by grumpygresh (Civil disobedience by jury nullification. )
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To: dynachrome

22 posted on 08/08/2021 5:52:03 PM PDT by Diogenesis (Tuitio Fidei et Obsequium Pauperum)
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To: dynachrome

I watched that happen, kitco was not refreshing.

it is back now, but all pmg are still way down.


26 posted on 08/08/2021 6:05:37 PM PDT by algore ( )
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To: dynachrome

Crude also re-testing the prior July lows of 65-66, down $8 is less than a week.


32 posted on 08/08/2021 7:44:46 PM PDT by montag813
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To: dynachrome
Does the "infrustrature" bill have anything to do with this?

There are apparently some very devious sections that have huge impacts on the financial system, crypto, etc.

33 posted on 08/08/2021 7:46:04 PM PDT by montag813
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To: dynachrome

Probably paper gold .... some are probably bailing out.


35 posted on 08/08/2021 8:39:50 PM PDT by RetiredTexasVet (Biden not only suffers fools and criminals, he appoints them to positions of responsibility. )
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To: dynachrome

39 posted on 08/09/2021 5:52:00 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: dynachrome

Maybe somebody got to the gold reserve democrat party plays 3 monkey game?.


41 posted on 08/09/2021 8:13:01 AM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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