What's behind the recent falls in gold & silver, and will it continue?

Discussion in 'Markets & Economies' started by SpacePete, Jul 22, 2015.

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  1. alor

    alor Well-Known Member Silver Stacker

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    China managed to add 600 tonnes for the last few years with the price falls of a few hundred dollars, for China to add much more, there is still be a need for a much lower prices, this would force the "weekhands" to drop their gold hoards and get flow in the current of falling prices stream and fill up the China coffer. how low, how many tonnes and for how much longer.

    well YOU guest it, no body really knows !!! all we know is price is shooting through the roofs when the times come for us Joes to buy them.
     
    alor, Jul 22, 2015
    #21
  2. -j-p-shmorgan

    -j-p-shmorgan New Member

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    Just FYI - China isn't buying other countries' gold.
    They are mining their own. Who knows how much they really have...
     
    -j-p-shmorgan, Jul 22, 2015
    #22
  3. FlashInThePan

    FlashInThePan Member

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    Those Chinese owned mines here in Australia - they don't buy, they fly there shipments out
     
    FlashInThePan, Jul 22, 2015
    #23
  4. hilaire9

    hilaire9 Member

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    Supply and demand.
     
    hilaire9, Jul 22, 2015
    #24
  5. -j-p-shmorgan

    -j-p-shmorgan New Member

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    How enlightening. :lol: :lol: :lol:
     
    -j-p-shmorgan, Jul 22, 2015
    #25
  6. hilaire9

    hilaire9 Member

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    I'm a rebel and conspiracy theorist.
     
    hilaire9, Jul 22, 2015
    #26
  7. theFNG

    theFNG New Member

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    First by inflation then by deflation....
     
    theFNG, Jul 22, 2015
    #27
  8. -j-p-shmorgan

    -j-p-shmorgan New Member

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    What if they invested into BitCoin heavily & other electronic forms of currency outside of the banking industry?

    We think Bitcoin & similar startups are clean from manipulation.....but are they really? And for how long? :lol:
     
    -j-p-shmorgan, Aug 4, 2015
    #28
  9. Golightly

    Golightly Well-Known Member Silver Stacker

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    Comex is currently at ratio of 123.8 paper ounces per physical ounce.. highest ASE sales in recent months.. yup perfect storm for falling price..

    The noticeable recent ramp up in anti gold media would have to mean it's a good time to buy..
    I'm thinking of bringing my December PM purchases forward to get in before September when we are due for our 7 year crash
     
    Golightly, Aug 4, 2015
    #29
  10. -j-p-shmorgan

    -j-p-shmorgan New Member

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    Kitco is chalked full of great deals....I think they are still headed down.

    "Comex is currently at ratio of 123.8 paper ounces per physical ounce" is just plain absurd :lol:
     
    -j-p-shmorgan, Aug 4, 2015
    #30
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