Gold price - back up the truck?

Discussion in 'Markets & Economies' started by GreatSouthernTime, Mar 5, 2021.

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  1. TreasureHunter

    TreasureHunter Well-Known Member

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    [​IMG]
     
    TreasureHunter, Nov 29, 2021
    #61
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  2. Scyb

    Scyb Member Silver Stacker

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    Gold should have a great first quarter in 2022
     
    Scyb, Dec 11, 2021
    #62
  3. mmm....shiney!

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

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    $1trillion still sitting in US treasury coffers to be spent in 2022.
     
    mmm....shiney!, Dec 11, 2021
    #63
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  4. TreasureHunter

    TreasureHunter Well-Known Member

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    Many assume that "everything goes down" with a stock market crash, including gold and especially silver (due to the industrial relations).
     
    TreasureHunter, Dec 11, 2021
    #64
  5. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I don't expect gold to drop much this time, but I rather buy silver stock such as Pan American silver during a stock market crash if it happens. It's quick x2 or x3.

    Pan American is now $23, down from $30+ when I sold it nearly a year ago. It could drop to $12-$13 in a stock crash. Buy 1000 shares and make $10k in 1 month. Buy 10000 shares can make $100k.
     
    sgbuyer, Dec 11, 2021
    #65
  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    With the 40 year cup and handle it has formed says its a great time to back up the truck.

    You might save a few bucks here and there by watching spot but might not matter much in the end.
     
    JohnnyBravo300, Dec 15, 2021
    #66
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  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    This aged well.
     
    sgbuyer, Feb 20, 2022
    #67
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  8. Slimey

    Slimey Well-Known Member

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    40 year cup and handle????? The inflation adjusted chart looks more like the Beijing bobsled track....pretty much all downhills with some really steep and fast sections......a 40 year slide.
     
    Slimey, Feb 20, 2022
    #68
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  9. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Sorry meant 10 year haha. I cant edit now.
     
    JohnnyBravo300, Feb 21, 2022
    #69
  10. TreasureHunter

    TreasureHunter Well-Known Member

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    Gold flies above 1,900 $. This is bad for the dollar.

    I haven't seen such a powerful bullish uptrend since it hit 2,000 $!

    In 1 year it can go to 3,000 $, even 4,000 $, if the geopolitical-economic idiotisms keep continuing like this. Unless the pandemic ENDs and they make a new deal regarding the Ukraine-Russian conflict.
     
    TreasureHunter, Feb 21, 2022
    #70
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  11. GreatSouthernTime

    GreatSouthernTime Well-Known Member Silver Stacker

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    Im expecting geopolitical tensions to fizzle combined with another flush out from big banks. Hopefully we get another pull back to $1680-1750 before we push back up.
    Any lower than that and we could be in for some longer term downside.
     
    GreatSouthernTime, Feb 22, 2022
    #71
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  12. mmm....shiney!

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

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    Yeh, you have to go back to the GFC for the last time an event didn't fizzle.
     
    mmm....shiney!, Feb 22, 2022
    #72
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  13. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    What deal? Putin wants to take back all the Soviet states.
     
    sgbuyer, Feb 22, 2022
    #73
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  14. alor

    alor Well-Known Member Silver Stacker

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    you need not wait 8 years for Kiev to integrade back the broke away republicks, and still waiting for a deal ???
    Russia can just recognized them and move in the tanks to keep peace there! those poor people who loves freedom and free from being kill by Nazi are now being sanctions from everybody lol, how dare they still alive :D
     
    alor, Feb 22, 2022
    #74
  15. alor

    alor Well-Known Member Silver Stacker

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    two Ukranian tanks incursion into Russia got blown up, 5 death, cannot back up the trucks, got destroyed completely
     
    alor, Feb 22, 2022
    #75
  16. GreatSouthernTime

    GreatSouthernTime Well-Known Member Silver Stacker

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    I’m assuming he just wants NATO to honor the North Atlantic Treaty they drew up and not keep edging army bases all the way to his doorstep.

    They have stretched a long way past east Berlin which was the original line in the sand.
     
    GreatSouthernTime, Feb 22, 2022
    #76
  17. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    That's the excuse. Putin wants the entire Europe. The UK is right to get out of the EU just in time. Shit is about to hit the sand.
     
    sgbuyer, Feb 22, 2022
    #77
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  18. alor

    alor Well-Known Member Silver Stacker

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    Russia did nothing when the east get absorbed into NATO, now that they have hypersonic and all state of the art weapons, they place them near for safety in kaliningrad, they did not get the security guarantee demanded, so military means are to secure it, and other means
     
    alor, Feb 22, 2022
    #78
  19. GreatSouthernTime

    GreatSouthernTime Well-Known Member Silver Stacker

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    Russia wants the entire EU?
     
    GreatSouthernTime, Feb 22, 2022
    #79
  20. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    First, he wants Crimea, now he wants Ukraine. After Ukraine, it will be others, one by one, there's no stopping until he hits the Atlantic ocean at the far end.
     
    sgbuyer, Feb 22, 2022
    #80
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