I guess forget it. It was on Kitco graphs and then I went back to check a minute later and it was back to where it was. Huh, very strange.
ECON Gold and Silver news
- Thread starter Doc1
- Start date
David Dubyne from Adapt2030 channel on youtube interviews Andy Schectman. This video is about an hour long and well worth the listen. But specifically at about the 19:00 mark they start talking about gold and how China is hoovering up everything available at well above the "London" price.
LYKURGOS
No Surrender, No Defeat!
Waiting for Hong Kong and Shanghai to open up and run with the ball. They have better recievers than the US and London do.
von Koehler
Has No Life - Lives on TB
Another possibility is that traders sold off their gold positions to cover losses in the stock market, which is down over one percent today.
A trader quickly realizes that no market goes either straight up or down, but more like three steps forward and one step back.
A trader quickly realizes that no market goes either straight up or down, but more like three steps forward and one step back.
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Southside
Has No Life - Lives on TB
Great Northwet
Veteran Member
Just to give out some info since Kitco got hacked, I found another place that has broad info and I get more info than most other financial sites and I don't have to join/subscribe, it's finviz.com. Click on Futures at the top of the screen. Lots of info on almost all markets and easy format to understand it all.
Hfcomms
EN66iq
Which is all their equity. Take away the printing press and they are insolvent.
Southside
Has No Life - Lives on TB
Quite the move from the lows at 10pm last night!
Johnny Twoguns
Senior Member
It has turned into a physical market now. People are backing up the truck.
Very good analysis by Andrew McGuire on Kinesis Money on YT today.
It is a physical market now. Gld will hit min of $3K by endO'Yr. If BRIICS come out with their new trading platform based on commodities that would be the absolute FLOOR for gld.
If silver closes above $26.22 today the shorts will really take it in the pants. He thinks silver will be in full breakout by endO'Second quarter.
It is all interesting but the BRIICS stuff is around minute 30 and the silver stuff around minute 36. Remove spaces for the link. He says the US will be rolling fiat around in wheel barrels if BRIICS seriously speed up de-dollarization. HE SAYS THE TIME IS COMING WHEN YOU WON'T BE ABLE TO GET AN OZ FOR ANY AMOUNT OF US FIAT.
https://www.youtube. com/watch?v=kkCpzxtFBYg
Southside
Has No Life - Lives on TB
Clearly, looking at today's action, there is abject fear of going into the weekend being short.
And many have no choice, as they cannot afford to get out of their shorts without torching the market.
Blacknarwhal
Let's Go Brandon!
And that would be the long-awaited time in which one ounce of silver buys a house.
And that tilted table happened due to the centuries of women basically having little to no legal standing if their husband decided to get rid of them in some way.
Neither era was/is good. What it proves is what is sauce for the goose is sauce for the gander and to use some commonsense and realize what goes around comes around, including in gender-bias.
Hopefully men won't have to experience the entire loss of all legal rights and standing to grasp the concept of what women went through for centuries.
A lot of quiet noise about digital currency getting closer and closer to reality. Whether that helps or hinders precious metals will be the currency rules that get put in place as digital is phased in.
xbeeman412
Contributing Member
Sdbullion and jmbullion buy gold
DFENZ
Contributing Member
Umm... You mean like reparations?
Being barely more than a 1/2 century old, I had nothing to do with gender or race bias- either real or imagined. Full stop. It gets really old having to explain this concept to everyone, especially to those who aren't now nor ever were victims. Victimhood is a disease.
Southside
Has No Life - Lives on TB
Kitco has been doing that a lot, lately. They have been updating their site since they got hacked a couple of months ago.
ssbn642blue
Veteran Member
And we've been paying for it since 1865....
Great Northwet
Veteran Member
Ebay and Craigslist come to mind. I've sold 20oz. tubes of silver on Craigslist. I had buyers meet me at my bank branch lobby-cameras everywhere. I alerted the branch manager beforehand about the nature of the coming transaction and she turned a camera towards a coffee table where I was sitting next to, to record it for me.
A Gun show is another good spot.
Tristan
Has No Life - Lives on TB
It may be.
Or, it may be that after taxes, it'll take 10x as much. (think something like 90% 'capital gains' or some such...)
"Prediction is hard, especially about the future!" - Yogi Berra
Blacknarwhal
Let's Go Brandon!
I believe that those taxes would be paid by the receiver. And quite possibly not in FRN, but rather in some other medium. Like lead. Delivered at high velocities. Just sayin.
Tristan
Has No Life - Lives on TB
Been hearing that for way more than 30 years. Way more...
Maybe that day will come.
Maybe.
Not like reparations. The reality is that for centuries ... 100s of years to 1000s of years ... most women had no legal rights at all. What is happening to many men now is no more right than what happened to women for all that time.
However, had men been smart, they would have learned from what was done to women and fixed the system so that all parties are equally protected. For whatever reason they couldn't be bothered and what we have today is a direct result of men's inaction and their failure to learn from history.
West
Senior
I've always mused....and imho....
Women in general had the most power when they was treated like precious metals.
When women took care of the homestead and made it run like a well oiled machine.
From a made up bed to a dinner to die for!
Really they had it made in the 50s and 60s and even 70s. They truly was the real glue that held the stuff together. And real honest men realized their worth. Priceless!
But along came the government and offered them almost fee housing, free phones, EBT, WIC, and free Healthcare. Now men they don't need you, government will take care of them.
Sad and sadder when men become women themselves.
Just musing. And prove me wrong!
Women in general had the most power when they was treated like precious metals.
When women took care of the homestead and made it run like a well oiled machine.
From a made up bed to a dinner to die for!
Really they had it made in the 50s and 60s and even 70s. They truly was the real glue that held the stuff together. And real honest men realized their worth. Priceless!
But along came the government and offered them almost fee housing, free phones, EBT, WIC, and free Healthcare. Now men they don't need you, government will take care of them.
Sad and sadder when men become women themselves.
Just musing. And prove me wrong!
Southside
Has No Life - Lives on TB
Nope. The same people that have been controlling the game by pitting black against white, gay against straight, left against right, old against young, fat against skinny, have also done that with men and women. They have used what they could to support women in their fight against MAN. Why? because, just like their fight against the GUNS, those two things are the only things left standing between where we are today, and COMPLETE DOMINATION. Yes, the same people that control the game, are emasculating men for a reason.
It's really not about fixing the system, now is it?
What fantasy world did you live in? Bwahahahahaha. You may have known a few that were treated like that, but most women worked their tails off, the same as men. It was a matter of survival. You've been reading a few too many bodice ripper romance stories. Look at real photos of women from those eras ... the unposed and unpolished ones. Women aged quickly, more quickly than men. And it wasn't just childbirth.
You do realize that historically speaking men were in charge of divorce and most of the money coming in to any given household. One of the reasons for things like Prohibition wasn't really morals and Christianity, it had to do with abuse and men drinking up most of his paycheck leaving too little for the wife to feed the family with.
If men were in control for so long, how did they lose control and their power when they were in fact the ones in charge of the courts and government that created the laws?
And yes, it is a bit like PMs. Those that control and manipulate the precious metal markets will eventually get bitten on the butt when it all gets away from them and those that don't deserve the hardships can thank those that came before them who screwed things up with their power plays.
Hfcomms
EN66iq
RT 18 min
Rafi Farber has an interesting take with the charting to back up his thesis. He’s claiming that AU and AG haven’t even started to rally yet and that is still future. He is saying that gold and silver are currently benefiting from an overall commodity appreciation which is right in line with other commodities such as copper.
People in general and institutional investors are still looking at them more as commodities than as monetary metals. When the dollar implosion becomes apparent to main street and panic sets in is when the real rally occurs. In other words this is just a warm up.
Southside
Has No Life - Lives on TB
Absolute fact. If you look at charts, both are amazingly bullish, with all the indicators showing a blast-off in the near future.
Southside
Has No Life - Lives on TB
West
Senior
Yes our old and precious pennies where made of copper and real silver change was just good cents.
Great Northwet
Veteran Member
I expected this as the Israelis' have eased up on the invasion of Rafah. I believe that they will take it in about a month.
There are many other influences on PM prices but I think this is the knee jerk reaction right now.
There are many other influences on PM prices but I think this is the knee jerk reaction right now.
Great Northwet
Veteran Member
FTA: I expect higher PM prices in about a month