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Silver threads amongst the gold
Comments
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When it reaches a new low, that is when i'll buy again lol.0
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I'm still double+ in what I have left from last time I bought lol. I can afford to wait, but will probably sell what I have left.0
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That's the whole point.
Why?
Do you really think we care what you have bought (or sold) any more than YOU would care if I told you when I have bought any other asset or even a pound of mince from the butcher.
I honestly don't care what you buy. I thought this was a discussion board about investing?0 -
Been a while since so few have held options on gold, in turn thats bullish I think0
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Bullionvault throws in the towel and admits we might be in a gold bear market that could get nasty ...
http://goldnews.bullionvault.com/gold-prices-051720131
That's going to move a lot of punters in one direction.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
That's what I though.markwilkinson wrote: »I honestly don't care what you buy.
Likewise.0 -
So what it the pointl of this thread?0
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markwilkinson wrote: »So what it the pointl of this thread?
Sorry, are we only allowed to have gold/silver threads when the price is rising?
That would be a shame as it's far more fun when they are in free fall.
I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
markwilkinson wrote: »So what it the pointl of this thread?
To point out silver spoons are especially cheap.
I wonder what central banks are doing if anything, do they buy more when its cheaper
Maybe they are stopping all buying for foreign reserves because its not as popular now and who wants to be the odd one out.
The main thing I bought into was not the price exactly but the market backdrop which is 80% of USA reserves are gold but China or other net exporters (and so accumulator of forex) are just 1 or 5% gold.
The idea is they will one day hold what USA does in percentage and because China is bigger, this is real demand for gold.
We have more people in the world, we got production and GDP growth in the world so we are going to see prices rise even on useless old gold.
Maybe this year it falls 50% and next year it rises back again, dont know.
Im just looking at a miner selling for 2009 prices because gold is not, I should be glad if people overreact I guess0
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