[mes228]

Silver

For quite sometime silver/gold has risen and fallen in synch with the stock market. NOT SO TODAY, as it's contrary top it. Market down. precious metals up. I hope they have broken "out" from the market. If they have we might see quite a rise in prices.

 

[BetterSafe]

i'd be buying ALOT of ammo: and more LTS foods stuff....and maybe some more shelves....then theres that new revolver i've been eyeballing. heck, if i had 100k, i'd pay off the houseand still have room for the revolver, ammo, and LTS. thats worths more to me then gold.

Different strokes for different folks - another revolver and more ammo is of little use to me - already got that covered.

 

[Deadmeat99]

For a moment I thought we were actually going to get through a thread about PMs where someone didn't chime in with "brass and lead are my PM derpderp!"

I should have known.

 

[VINCENT]

For a moment I thought we were actually going to get through a thread about PMs where someone didn't chime in with "brass and lead are my PM derpderp!"

I should have known.

sorry no chance, but i am still waitng for one of you to strick it rich, and let us know how you just made a 100k profit in just one day.

 

[Deadmeat99]

sorry no chance, but i am still waitng for one of you to strick it rich, and let us know how you just made a 100k profit in just one day.

It won't be with brass and lead unless you rob a bank.

 

[MR_SLOW]

I'm waiting for 17.50 LOL

 

[pmbug]

I'm waiting for 17.50 LOL

Ag $/oz or GSR?

If Ag futures were to hit $17.50/oz, there won't be any physical available anywhere IMO.

 

[remoc8116]

With all of the doom and gloom lately on the radio and TV people are getting paranoid and paying out their a$$ for both, Supply and demand at work....People in the sivler and gold business are making a killing right now, I have some scrap Gold, necklaces,rings ect that my wife don't wear hell i may cash in.

 

[remoc8116]

i'd be buying ALOT of ammo: and more LTS foods stuff....and maybe some more shelves....then theres that new revolver i've been eyeballing. heck, if i had 100k, i'd pay off the houseand still have room for the revolver, ammo, and LTS. thats worths more to me then gold.

Yeah that is kinda how i look at it, You cannot eat or protect yourself with precious metals and if society does collapse who's to say that gold or silver will ever be worth anything. A loaf of bread would be worth more than a bar of gold.

 

[Deadmeat99]

if society does collapse who's to say that gold or silver will ever be worth anything.

Thousands of years of history say so. Cultural norms worldwide say so. Real world modern-day examples say so.

Speculation on internet forums say otherwise.

Take your pick.

 

[StoneWallAdam]

Wow, I was caught by surprise when I saw the big move up.

Granted, I am new to pms but that jump was fairly big and quick. It is no where near the $10 drop we saw happen in 2 to 3 day period a couple of weeks ago.

Anybody know what happen? Could it have anything to do with what the Pope stated yesterday or was there other news today? With work and family time, I can't always stay up with all the days news.

 

[SnakeRanch]

Back to safe havens. Market bubble shows signs of bursting, sooner than I thought. . Still haven't covered my summer short in netflix, feel they will go bankrupt, maybe soon. Stocks like Apple and Amazon have a LONG way to crash. All bubbles burst, and we're in the last stages of one now. Hope grupon goes IPO so I can short it after the quick hype run, that one's a no brainer. Facebook too. Like Hula hoops, Crocks, folks, hyped crap for stupid people, with short business life expectancy...

 

[txflyer]

see-saw

Silver is up over a buck and gold is up over $20... Whats up with that? Not trying to guess the market but curious to see the cause of the spike...

V.

when stocks go down, bonds and PM's go up. That's the natural order of things.

 

[MR_SLOW]

Heading to 34.00 by morning.

 

[Metz]

20 dollars movement is not much percentage wise....

 

[Metz]

Buy copper wire, more useful, you can make generators from copper wire and speaker magnets

 

[alisium]

I'll wait and see. If it goes or looks like it's going to go up above $35 again, I will buy some more tomorrow. I have a few hundred set aside for just such an occasion. If not, then I'll wait until payday and get my usual allotment.

 

[pmbug]

... I have some scrap Gold, necklaces,rings ect that my wife don't wear hell i may cash in.

:

 

[97guns]

I'll wait and see. If it goes or looks like it's going to go up above $35 again, I will buy some more tomorrow. I have a few hundred set aside for just such an occasion. If not, then I'll wait until payday and get my usual allotment.

$33.58 is a big resitance point, if it closes above that today then we will see $35, 36, $37, hopefully that resistance becomes support

 

[MrMorden]

when stocks go down, bonds and PM's go up. That's the natural order of things.

Not exactly. When stocks & bonds go down, you'll often see PMs drop just as much at the same time, as folks liquidate their PM positions to cover their other losses. THEN the PMs usually rise as people buy them back up before getting back into the stocks & bonds.