CORP/BIZ Silver and Gold...The General Precious Metals Thread

[coalcracker]

Just read an analysis on a site that can't be quoted here on the forum, but he believes the recent and ongoing smackdown in gold and silver has to do with the war with Iran, and more specifically, the closure of the Strait of Hormuz.

He thinks the Gulf states currently need to liquidate large portions of gold and silver because their normal cash flow derived from exporting oil and natural gas has dropped to zero.

Hadn't thought of that, but it kinda makes sense.

 

[Seeker22]

Bankers and lawyers games. Reality is how they manipulate markets. Truly a Den of Robbers!

Disgusting.

Then, rob the robbers.
Buy the dip and keep stackin'!

 

[Hfcomms]

If you rob a robber are you really robbing?

 

[Southside]

If you rob a robber are you really robbing?

Robin Hood says NO!

 

[tech]

Do not sweat the paper games. Just
remember, what goes down, always
goes back up.

I'm certain Enron investors hope that is true!

 

[Seeker22]

Robin Hood says NO!

That's funny! I immediately thought Robin of Loxley would probably just smile a Cheshire cat smile when asked that question.

 

[1-12020]

Since the Iran thing seems to be cooling... why is silver and gold going up?
I figured silver and gold would go up with war and down with peace?
The opposite has happened?

 

[mbabulldog]

Since the Iran thing seems to be cooling... why is silver and gold going up?
I figured silver and gold would go up with war and down with peace?
The opposite has happened?

Gotta replace them missiles, and the "better-quality ones" require a LOT of silver in their manufacture.

 

[West]

Gotta replace them missiles, and the "better-quality ones" require a LOT of silver in their manufacture.

Perhaps also, the losers and weak hands stopped selling there PMs for ordinances, and less fear?

IDK

 

[Gitche Gumee Kid]

I agree with the above points submitted by mbabulldog and West. May I add two more factors that I follow.
The USD number. As it goes down PMs tend to rise. And my other factor I watch is the debt. I feel when this Iran thing ends and the financial numbers hit the public----->PMs "to the moon".
GGK

ETA Fuel prices will probably remain higher then the Pres wants----->higher PMs

 

[Sundancer]

I'm certain Enron investors hope that is true!

My bad I thought I was on the gold and silver thread.
Not the stock thread. LOL

 

[tech]

Well the comment was about what goes down must go up...that was the first thing that popped to my mind.

 

[Sundancer]

You are right to call me out on it.
I should have been more exact.

I was just trying to tell people that it was paper games
pushing the price down. And, they should hold,
because the price will go back up.
In gold and silver.