The GOLD scream room

[Hal]

Hold on to yer gold, guys!

Massive sunspot is turning towards Earth this can result in major solar flares that can effect electrical systems
These sunspots occur on the photosphere region of the sun and can be huge in size - up to 50,000 kilometres in diameter

https://www.firstpost.com/tech/science/ ... 1.html/amp

Here's an interesting read
https://www.researchgate.net/publicatio ... rm_of_1859

[Smith1776]

Here's an interesting read
https://www.researchgate.net/publicatio ... rm_of_1859

How much do you want to bet that if we send this to Peter Schiff he'll talk about it on his next podcast about why people should buy gold?

[Libertarian666]

Has anyone else noticed that gold did not go up by $100/oz today?
What's up with that?

Tech, Smith? What have you been doing all day?
Slackers.

Mark

Sorry boss, we'll try to do better tomorrow!

[Libertarian666]

Hold on to yer gold, guys!

Massive sunspot is turning towards Earth this can result in major solar flares that can effect electrical systems
These sunspots occur on the photosphere region of the sun and can be huge in size - up to 50,000 kilometres in diameter

https://www.firstpost.com/tech/science/ ... 1.html/amp

Here's an interesting read
https://www.researchgate.net/publicatio ... rm_of_1859

I suspect the effects would be a bit more important if that happened this year.
Which I guess we should expect, given the rest of the insanity.

[Mark Leavy]

Sorry boss, we'll try to do better tomorrow!

That's what I wanted to hear.
You're in charge of the floor, Tech.

[vnatale]

Should you go short when the media says go long?

https://www.investmentnews.com/should-y ... ntnews.com

[dualstow]

He doesn’t get a lot of love here and maybe he’s just trying to drum up business, but I like the headline.

https://www.marketwatch.com/story/gold- ... 2020-08-06

Gold rising to $4,000 an ounce ‘would not be an unreasonable move,’ fund manager says

{ Cuggino of PRPFX }

[Ad Orientem]

A few interesting pieces from Kitco...

Mohamed A. El-Erian: Gold is starting to take the place of big tech -
https://www.kitco.com/news/2020-08-09/G ... Erian.html

TD Securities prefers silver over gold-
https://www.kitco.com/news/2020-08-10/S ... ities.html

LBMA clears Perth Mint of serious wrongdoing in sourcing gold-
https://www.kitco.com/news/2020-08-10/L ... -gold.html

[buddtholomew]

Yikes!
Guess I’ll be adding back to Gold today.
Bought back at IAU 18.61

[mathjak107]

i added some back too . i had halved my investment in the pp ....

[Ugly_Bird]

Yikes!
Guess I’ll be adding back to Gold today.
Bought back at IAU 18.61

Still timing the market? :-)

[Tyler]

How kind of the markets to rebalance my portfolio by selling off gold so I don't have to.