Posted on 07/04/2016 4:55:56 AM PDT by blam
Ditto.
Gold to Silver Ratio now 66
Just the other day it was nearly 80
Nope
Didn’t have any dry powder to buy in at 14 either.
Interesting, copper going up as well. What are the conditions for all three to be rising. Copper is more of a cyclical, isn’t it?
Speculation about possible Bear Trap setup after long weekend.
I am too ignorant to validate if this is possible.
Anyone here interested in comments attached to this chart and willing to speculate on possibilities?
https://www.tradingview.com/chart/XAUUSD/JNatQoE0-GOLD-Independence-day-trick/
I usually post this 'Doctor Copper' article when someone asks about copper. I don't think the definition applies presenty...the economy is to weak.
DEFINITION of 'Doctor Copper'
Market lingo for the base metal that is reputed to have a Ph.D. in economics because of its ability to predict turning points in the global economy. Because of copper's widespread applications in most sectors of the economy - from homes and factories, to electronics and power generation and transmission - demand for copper is often viewed as a reliable leading indicator of economic health. This demand is reflected in the market price of copper. Generally, rising copper prices suggest strong copper demand and hence a growing global economy, while declining copper prices may indicate sluggish demand and an imminent economic slowdown.
me too ... the only time i sold silver it was an old partial set of sterling flatware ... and that was on the day in 2011 that silver momentarily topped 49. my silver bullion coins and 90% old us silver are not for sale
APMEX is my first choice, Golden Eagle Coin is also very good. They each have excellent web sites and transparent pricing throughout the day. Both are well regarded and can be trusted (at leat as much as I would trust any coin/bullion dealer).
Apmex, JM Bullion.
Goldbug ping.
"The spot prices scream loud. The Silver breakout will be one to behold in the history books. Silver has broken the shackles of the vile banker cabal. Silver has begun its historic run-up. Silver will capture the world's attention. The equivalent of the 1980 Hunt Brothers breakout in today's terms would be $200 per oz. The fundamentals for Silver look better than almost every commodity on earth. Silver has declared independence from the control rooms and their paper gimmicks. The Silver imbalance is monstrous. Gold has broken the gates down with the British Exit vote, pushing its price over the tough stubborn $1300 resistance line. In the following days it has been adding to its gains. But Silver has emerged amidst the political smoke and deceptive din to ride hard through the gate. "
Limit up. That’s funny, why isn’t Apple never limit up./s
I bought most of mine at $6 oz. All these ups and downs.
.
Physical metal beats fart gas every time!
Go for the Gold.
.
The only thing that would significantly drive metals down would be a major fiat crash, but that would leave those that sold looking very foolish, since they would lose massively trying to buy their metals back.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.