The final bottom for gold and silver prices

[trew]

The coming AUD crash negates the drop in the silver price for those of us paid in Aussie dollars.

Yes, it does

 

[dccpa]

I understand the day traders worrying about all this but the price as shown is a paper ponzi. I'm amazed that you can get physical anywhere near these prices - as quite a few central banks appear to think as well! If it works out that I can buy ounces of gold for a thousand dollars I'll be waiting in the queues around the block at Goldstackers and maxing the credit card everywhere I can online.

Where were you 15 years ago when gold was under $300USD?

 

[ryan71]

"I believe the launch date for silver to the moon has been scheduled to leave on September 13, 2015.
As this is a Sunday I will be filled my quota of silver before Friday September 9th 2015 at the latest."

Ah yes, the last day of Shemitah 5775.

 

[JulieW]

I understand the day traders worrying about all this but the price as shown is a paper ponzi. I'm amazed that you can get physical anywhere near these prices - as quite a few central banks appear to think as well! If it works out that I can buy ounces of gold for a thousand dollars I'll be waiting in the queues around the block at Goldstackers and maxing the credit card everywhere I can online.

Where were you 15 years ago when gold was under $300USD?

You know 15 years ago, $300 probably purchased as much as $1000 today.

 

[Niveka]

I understand the day traders worrying about all this but the price as shown is a paper ponzi. I'm amazed that you can get physical anywhere near these prices - as quite a few central banks appear to think as well! If it works out that I can buy ounces of gold for a thousand dollars I'll be waiting in the queues around the block at Goldstackers and maxing the credit card everywhere I can online.

Where were you 15 years ago when gold was under $300USD?

You know 15 years ago, $300 probably purchased as much as $1000 today.

That made my head hurt.