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Gold and Silver Market Suppression Failures Flash Buy Signal

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wyvrn

Lifer
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You gold and silver guys sure are a persistent lot, I'll give you that much.....

I've been hearing the same stuff (including conspiracy theories, vast collaboration between a wide variety of secretive powerful international organizations etc etc) for decades.
 
I've been modestly buying silver and gold for about 4 years, they've been going up in price a lot lately, but I still think its a good buy, I'm still buying, thats for sure.
 
So I'm watching a movie on This TV, you know the type of station whose commercials are third tier, mostly attorneys trolling for medical malpractice class action cases or some obscure herbal weight loss product. In the movie I was watching a good half the commercials were from a gold and silver selling service directed towards first time small buyers.

Cliff's: Run Will Robinson, run. The bubble is soon to burst-and when it burst in the 70s/80s., it burst very hard.
 
There are many theories that supports gold and sliver bull & bear, but IMHO these people know absolutely nothing because if they truly know they would just quietly load up/short gold/silver.
 
iGas said:
There are many theories that supports gold and sliver bull & bear, but IMHO these people know absolutely nothing because if they truly know they would just quietly load up/short gold/silver.
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If you did it quietly, the rest of the people wouldn't listen to the screaming and drive the price up/down (/Glenn Beck).
 
silver over $31 today ! The people are taking their wealth back and bankrupting the banksters who stole it from them. I think we will see $50 silver this year
 
Why did they edit your links? I'd like to read them. PM me please.

IMO gold price is infinite...has no top as dollar becomes worthless.
 
I haven't seen a single solid piece of evidence that any bank(s) is manipulating gold/silver any more than they manipulated housing to keep it low pre-bubble.

Compared to almost every other single non-financial-derivative-linked asset, gold/silver is in a parabolic bubble mode. That's the problem with people, they don't compare gold to anything but financial derivative linked assets, which are prone to massive rushes in/out of those assets. Compared to real stuff, like cars, houses, appliances, and even most food, gold/silver are out of whack with historical ratios.

When every single person is screaming "buy buy buy", it's the wrong time to buy. It may take a while to catch up but you'll see this bubble fall.
 
LegendKiller said:
I haven't seen a single solid piece of evidence that any bank(s) is manipulating gold/silver any more than they manipulated housing to keep it low pre-bubble.

Compared to almost every other single non-financial-derivative-linked asset, gold/silver is in a parabolic bubble mode. That's the problem with people, they don't compare gold to anything but financial derivative linked assets, which are prone to massive rushes in/out of those assets. Compared to real stuff, like cars, houses, appliances, and even most food, gold/silver are out of whack with historical ratios.

When every single person is screaming "buy buy buy", it's the wrong time to buy. It may take a while to catch up but you'll see this bubble fall.
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Not if dollar becomes worthless like Zimbabwe then it will be a store of value.

You don't think that can happen I say it's happening slowly.

Ordinarily I'd agree with you gold tracks about a decent three piece suit historically, today it's 3x that value.

That's why you don't see Z buying it. But I still have some very little like 13 oz...what I can carry in bug out sack.

If y'all do buy I like $20 numismatic gold coins. They are 1 OZ and Govt won't take those. (historically speaking)

If there is a crash and revolution your stocks, bonds, ETFs, derivative based investments etc won't mean shit just paper not worth what it's written on - there is where having some gold or any other asset in possession will matter since possession will be the law. If y'all think it will get that bad Gold is a good hedge. Otherwise there are better bets.
 
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LegendKiller said:
When every single person is screaming "buy buy buy", it's the wrong time to buy. It may take a while to catch up but you'll see this bubble fall.
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I agree. I personally don't know anyone offline who has went out and purchased gold and/or silver. There's only about $30 billion worth of silver out there. How much was in the derivatives market before it crashed? It'll be a bubble some day, sure, but PM's aren't even close to bubble territory yet. It's simply an initial reaction to a failed monetary system.
 
Zebo said:
Not if dollar becomes worthless like Zimbabwe then it will be a store of value.

You don't think that can happen I say it's happening slowly.

Ordinarily I'd agree with you gold tracks about a decent three piece suit historically, today it's 3x that value.

That's why you don't see Z buying it. But I still have some very little like 13 oz...what I can carry in bug out sack.

If you'll do buy I like $20 numismatic gold coins. They are 1 OZ and Govt won't take those. (historically speaking)
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Yeah, because the dollar becoming "worthless" is likely in any meaningful timeframe for you and me. Gold is a fiat currency. What if it becomes worthless when people no longer care about it?

What's a "decent" 3-piece suit? Show me a graph.
 
bamacre said:
I agree. I personally don't know anyone offline who has went out and purchased gold and/or silver. There's only about $30 billion worth of silver out there. How much was in the derivatives market before it crashed? It'll be a bubble some day, sure, but PM's aren't even close to bubble territory yet. It's simply an initial reaction to a failed monetary system.
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No, the market reaction to a "failed monetary system" wouldn't be to jump into something that is primarily invested in through ETFs which do not take physical delivery. That's the primary driver behind gold prices right now.

If the monetary system was "failed", then you wouldn't be shoving your assets into a financial system built on the monetary system's success.
 
LegendKiller said:
Yeah, because the dollar becoming "worthless" is likely in any meaningful timeframe for you and me. Gold is a fiat currency. What if it becomes worthless when people no longer care about it?

What's a "decent" 3-piece suit? Show me a graph.
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Gold is not near as fiat as paper let alone 0s added with a key stroke - its rare and represents labor to extract unlike paper and key strokes which is infinitly reproducible and why we are out of control today and can cause hyperinflation like Zimbabwe with this power. Gold does not have that problem. It has other problems...

Decent is decent a silk or wool suit at Dillard's or Macy's. Back when gold was $5 you could get a suit for $5 back when $30 suit was $30 just a few years ago suits were $400 and gold was $400. Today Suits are $500 and gold is $1500. Out of whack.

You sad it yourself i just use suits for my real stuff analogy since it tracks 1:1 historically
Compared to real stuff, like cars, houses, appliances, and even most food, gold/silver are out of whack with historical ratios.
Click to expand...
 
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Zebo said:
Gold is not near as fiat as paper let alone 0s added with a key stroke - its rare and represents labor to extract unlike paper and key strokes which is infinitly reproducible and why we are out of control today and can cause hyperinflation like Zimbabwe with this power. Gold does not have that problem. It has other problems...

Decent is decent a silk or wool suit at Dillard's or Macy's. Back when gold was $5 you could get a suit for $5 back when $30 suit was $30 just a few years ago suits were $400 and gold was $400. Today Suits are $500 and gold is $1500. Out of whack.
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A "decent" wool suit at Macy's isn't $500, nor was it $400 a "few years ago". Provide data, otherwise you're full of shit.

Gold is 100% fiat. It has no real use, it's 100% psychological, just the same as paper currency.
 
Yeah, because the dollar becoming "worthless" is likely in any meaningful timeframe for you and me.
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All central banking systems fail. All govts fail. We are overdue on both.
 
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Zebo said:
Why did they edit your links? I'd like to read them. PM me please.

IMO gold price is infinite...has no top as dollar becomes worthless.
Click to expand...

So were Home Prices, Google shares, and the DJIA.

Bubbles are bubbles, they eventually Pop.
 
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