Big sudden drop in gold and silver 12/9/13 @ 5:12pm

PAGAU said:
Looks like a Silver buying opportunity coming up in the next few weeks?

Look at gold, it's down $34.70 and still sliding.

As if everything (the U.S economy) will be rosy when tapering ends!, I don't think so.
Interest rates are rising which is scaring away the real estate buyers but maybe the stock market bubble will continue for a while yet. When that pops where will they park the cash?
Click to expand...

The best thing to do if you missed a selling opportunity, is to buy again at a low price (only you know what that is).

So, buying opportunities I always welcome.
 
Well that's pretty smart, tell me, when's the next leg up and by how much?
Your surname isn't Aldrich, Goldman, Rockerfeller, Morgan, Vanderlip, House, or Warburg by any chance?
Alfie
 
Alfie said:
Well that's pretty smart, tell me, when's the next leg up and by how much?
Your surname isn't Aldrich, Goldman, Rockerfeller, Morgan, Vanderlip, House, or Warburg by any chance?


Alfie
Click to expand...

Things should get interesting at $1628 usd.

Put it this way I'm buying again soon.

Best V
 
Things should get interesting at $1628 usd.
Click to expand...

Sounds like you're a TA chartist
My issue with TA is:
a) Only reflects history
b) Companies with lots of money can create history, they only need to know what TA charters know and short or long the market to break a trend.

The more I understand the PM market the less I like the forces that make a given spot price

I hope you are right, in fact I hope both the silver and gold price are founded by true market forces not paper equivalents
Cheers
Alfie
 
^ Hi Alfie, I think the paper market is in charge.

I don't chart, just better than average intuition and a awesome gut instinct.

I can't be right all the time and don't expect to be, however I'm happy to share my thoughts some of the time and people can judge the results for themselves.

Cheers V
 
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