How deep will gold's correction go?

Discussion in 'Gold' started by TreasureHunter, Mar 6, 2021.

  1. TreasureHunter

    TreasureHunter Well-Known Member

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    Why is silver falling? >>> Too much paper silver

    Yes, batteries and the dirty methods of generating electricity will cause heavy pollution.
     
  2. crewy

    crewy Active Member

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    upload_2021-9-29_18-28-15.png
    hrmm… Isn’t it meant to the other way round?
     
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  3. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Yes, in a world run on truthful principles it would be, but in a world run on lies it is what it is:rolleyes:
     
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  4. alor

    alor Well-Known Member Silver Stacker

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    nice format
    [​IMG]
     
  5. heartastack

    heartastack Well-Known Member Silver Stacker

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    Fark what a mess for silver. Please start listing your cheap bullionz on the trading floor peeps!
     
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  6. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Only invest in what you can afford to lose I guess. This is a pretty horrid looking chart:

    [​IMG]
     
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  7. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    During a liquidity crisis (or the sniff of an impending one) the only game in town is the USD. We've seen this play out previously. Long term debt should be in everyone's portfolio, alongside PMs, shares and crypto.
     
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  8. alor

    alor Well-Known Member Silver Stacker

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    crypto is not for everybody, in particular when they have been made illegal,
    as by having it, all your other assets are subject to confiscation for illegally owning crypto
     
  9. alor

    alor Well-Known Member Silver Stacker

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    further drop next week holidays
     
  10. TreasureHunter

    TreasureHunter Well-Known Member

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    It is going down to the 16-18 $ range. It's best to buy there if the premiums won't be too high.
    In order for the premiums to be acceptable, the price should trade sideways in that range for a longer period of time (perhaps even 1-2 years).

    Then it will be a good buy.

    I don't expect silver to rise unless we go through a major economic crisis and then (only) when industrial demand picks up >>> only then will silver's price start climbing.

    This is how I see it.
     
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  11. TreasureHunter

    TreasureHunter Well-Known Member

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    But that's China, right?

    By no means it's the case in Europe or the USA. Not yet. Some countries in Europe are regulating it.
     
  12. alor

    alor Well-Known Member Silver Stacker

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  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Crypto isn't going away but a tether everygrande crisis will provide a good entry point for all who missed. Once Facebook launches a crypto currency, it will be impossible for any country to stop it as practically everyone with a smartphone (outside of China) has a facebook related account.
     
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  14. TreasureHunter

    TreasureHunter Well-Known Member

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    Hasn't Facebook already launched their crypto?
    I thought they did, but somehow it went through almost unnoticed.

    Listen to Michael Saylor: if one big tech giant (or other major company) adopts Bitcoin, then it will skyrocket and will be unstoppable for many years.
    The even wider adoption will run downhill like an avalanche.

    Amazon, Apple, Facebook, (but I doubt Huawei!), Microsoft, Google...
     
  15. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I think not yet as they are preparing for something big. It will be something even countries cannot beat. Not even the Fed.
     
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  16. alor

    alor Well-Known Member Silver Stacker

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    the CO2 emissions can never be torelated, hence cryptos is banned
    tech companies always interfere with domestic politics, sooner or later tehy would be banned too
     
  17. TreasureHunter

    TreasureHunter Well-Known Member

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    They will have more power than the Fed, while everyone is "so afraid" of what the Fed is doing (QE etc.).
     
  18. hardyakkagold

    hardyakkagold Well-Known Member Silver Stacker

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    Sometimes I think I am knocking my head against a brick wall even bothering to comment on this forum.

    Of Course They Will Have More Power Than The FED, They Created The Fed!!!:rolleyes:

    And Now That USA Influence And Power Is On The Decline They Are Creating A New Worldwide Monetary System So That They Will Still Be In Control.

    Only this time due to technological advancements and the dumbing down of the world population they will be able to bring their diabolical plans for human enslavement
    into reality [ which they have been planing for centuries ]
     
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  19. TreasureHunter

    TreasureHunter Well-Known Member

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    And then THEY will move to another planet? :D:D:D
     
  20. alor

    alor Well-Known Member Silver Stacker

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    centuries of planning, can be outmaneuverd. just like Crimea lol
    so will always be the same again, futile plan
     

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