The GOLD scream room
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- Ad Orientem
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Re: The GOLD scream room
PMs are starting to look a bit frothy. Gold is closing in on $2100 and silver is within spitting distance of $30/oz. My gut says things are moving too fast and we may see a correction soon.
Re: The GOLD scream room
Uncertainty in the world has been moving pretty fast for months. Maybe PMs are just starting to catch up?
Re: The GOLD scream room
Looks like we're seeing some profit taking today with a pullback in the price of metals across the board.
MB
Ruby on Rails rules all
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Ruby on Rails rules all
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Re: The GOLD scream room
Hold on to yer gold, guys!
https://www.firstpost.com/tech/science/ ... 1.html/ampMassive 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
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
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Re: The GOLD scream room
I just bought a big chunk of gold (and stocks and LTTs) today when I rebalanced out of cash, so that’s why gold and everything else dropped today.
Sorry about that, guys.
Sorry about that, guys.
- Mark Leavy
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Re: The GOLD scream room
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
What's up with that?
Tech, Smith? What have you been doing all day?
Slackers.
Mark
- buddtholomew
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Re: The GOLD scream room
I held down F5 but the USD value kept going down. Maybe I should switch to View > Refresh tomorrow and see if that helps.
Re: The GOLD scream room
Here's an interesting readSmith1776 wrote: ↑Fri Aug 07, 2020 12:42 pm Hold on to yer gold, guys!
https://www.firstpost.com/tech/science/ ... 1.html/ampMassive 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.researchgate.net/publicatio ... rm_of_1859
Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO
Re: The GOLD scream room
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?Hal wrote: ↑Fri Aug 07, 2020 4:54 pm Here's an interesting read
https://www.researchgate.net/publicatio ... rm_of_1859
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
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Re: The GOLD scream room
Sorry boss, we'll try to do better tomorrow!Mark Leavy wrote: ↑Fri Aug 07, 2020 2:32 pm 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
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Re: The GOLD scream room
I suspect the effects would be a bit more important if that happened this year.Hal wrote: ↑Fri Aug 07, 2020 4:54 pmHere's an interesting readSmith1776 wrote: ↑Fri Aug 07, 2020 12:42 pm Hold on to yer gold, guys!
https://www.firstpost.com/tech/science/ ... 1.html/ampMassive 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.researchgate.net/publicatio ... rm_of_1859
Which I guess we should expect, given the rest of the insanity.
- Mark Leavy
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Re: The GOLD scream room
That's what I wanted to hear.
You're in charge of the floor, Tech.
- vnatale
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Re: The GOLD scream room
Should you go short when the media says go long?
https://www.investmentnews.com/should-y ... ntnews.com
https://www.investmentnews.com/should-y ... ntnews.com
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
- dualstow
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Re: The GOLD scream room
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 }
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
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Re: The GOLD scream room
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
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
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Re: The GOLD scream room
Yikes!
Guess I’ll be adding back to Gold today.
Bought back at IAU 18.61
Guess I’ll be adding back to Gold today.
Bought back at IAU 18.61
- mathjak107
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Re: The GOLD scream room
i added some back too . i had halved my investment in the pp ....
Re: The GOLD scream room
Still timing the market? :-)buddtholomew wrote: ↑Tue Aug 11, 2020 8:13 am Yikes!
Guess I’ll be adding back to Gold today.
Bought back at IAU 18.61
Re: The GOLD scream room
How kind of the markets to rebalance my portfolio by selling off gold so I don't have to.
- buddtholomew
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Re: The GOLD scream room
Around the edges, makes me feel like a useful engine.Ugly_Bird wrote: ↑Tue Aug 11, 2020 10:26 amStill timing the market? :-)buddtholomew wrote: ↑Tue Aug 11, 2020 8:13 am Yikes!
Guess I’ll be adding back to Gold today.
Bought back at IAU 18.61
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Re: The GOLD scream room
phew , talk about volatility ......
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Re: The GOLD scream room
Glad I rebalanced last week and took some profit, I don't think my PP has seen such a large one day swing %-wise ever?
- mathjak107
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Re: The GOLD scream room
I had cut my holdings in half about a week or two ago .......
I had a very uncomfortable feeling about all assets in the pp ......it was like investors were punch drunk .
I started to add some back today ...I couldn’t resist .....today was a killer drop on even the half that was left exceeding 35k ..to think if I didn’t cut back it would have been 70k is insane ..
I had a very uncomfortable feeling about all assets in the pp ......it was like investors were punch drunk .
I started to add some back today ...I couldn’t resist .....today was a killer drop on even the half that was left exceeding 35k ..to think if I didn’t cut back it would have been 70k is insane ..