Stockmarket Caution

I guess it's because people still waiting to see who won the US election this year.

 

This.

And also the current US stock market trend perhaps.

 

So between investing in the precious metals and the silver mining company, which one is better to buy now in 2016 for a beginner investor ?

 

Both are good. Depends on what you believe would happen after a SHTF scenario.

 

Thanks Warfield,

What is SHTF ?

 

Shit Hits The Fan. Basically the day when our financial system collapses( no more USD for example) or when all hell breaks loose in war ( like China vs USA).

 

Ah I see,

Somehow that situation has not happened as predicted multiple times by James Rickard http://www.jamesrickardsproject.com/

 

Yes, the most likely direction is a continued drop. Have mentioned this a few times.

 

Yes, you are right.


Source: Bloomberg.com

So how did you know that it is dropping to lower value this month ?
is it because people are buying Gold instead of Silver due to GSR chart ?

 

masmas, I strongly suggest you have a read back through the forum if you're looking to get up to speed. There is a lot of good info there and some track records of experienced stackers and traders are worth taking note of.

You strike me as someone who is new to the game and is on the right track but may be at risk of being led astray.

 

BuggedOut,

Yes, hence I'm participating in this thread to see when is the good time to buy or to sell.

Thanks for the clarification.

 

No worries.

This thread is about the stockmarket though, and often stocks and precious metals will move in opposite directions so it might be easy to get confused between the two when talking about PMs in this thread.

 

SPX put in a double top last night....
Can it be broken to the upside? Possible.

Am I short this market??

Hell Yes!!!

 

Tipping we'll start to see some decent falls in the stockmarket, starting tonight.............

We're very close to my previously mentioned date of 26th August.

 

Also add to that other things like Zombie apocalypse, some religious final day, small asteroid... Lol.

 

I have a couple of those. Apart from making sitting down for long periods painful, there are no economic impacts.

 

Stockmarket tumble nicely on queue.

Silver also dropping with the stockmarket as expected.....

 

Any decent chartist should be getting very excited, right about now.

Is anybody still holding those poor performing precious metal stocks (Did I just open a can of worms? Whoops!)

 

http://www.zerohedge.com/news/2016-08-24/someone-just-puked-15-billion-notional-gold

Covers it in detail.

 

Stockmarket has continued to tumble as expected.
I believe Monday 29th will hold the key as to whether the drop continues or starts to move north again.

What has me concerned is that Bo Polny, the worst market timer in the history of market timing, has now called for silver to start dropping.... after it has already had a drop! Is this the call that may see silver start to head higher again?? Will wait & see...........