General Poor Man's Game: Gold,Silver,Platinum, and Palladium

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sparkuri

Pulse on the finger of The Cimmunity
First 100
Jan 16, 2015
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No winner ratings?!?

When YOUR kid publishes a book remind me to just LIKE your post you roughneck sons of bitches!
 

Enock-O-Lypse Now!

Underneath Denver International Airport
Jun 19, 2016
12,229
20,288
No winner ratings?!?

When YOUR kid publishes a book remind me to just LIKE your post you roughneck sons of bitches!
Wait what? Your kid wrote that book?

Lmao! Had no clue, was just about to go on amazon and search for it to buy....

Wow a Winner Rating is due! ?
 

Enock-O-Lypse Now!

Underneath Denver International Airport
Jun 19, 2016
12,229
20,288
December 2007 Article:



2008 Silver Price Chart:
1663323829126.png









JPMorgan Chase & Co (JPM.N)agreed to pay $60 million to settle class-action litigation by investors who accused the largest U.S. bank of intentionally manipulating prices of precious metals futures and options. (March 2008 to August 2016)
 

Enock-O-Lypse Now!

Underneath Denver International Airport
Jun 19, 2016
12,229
20,288
I'm no financial advisor and have no clue really what I'm talking about so do not take my advice for anything other then pure 100% bullshit....Still thinking we are gonna see something similar to 2008 - metals gonna come down big time. Possibly see Gold $1300 oz - Silver $13 In The next year ...we do have a different dynamic here compared to 2008 though so I wouldn't necessarily sell off and try to get back in at lower prices - supply and inventories may be depleted and could have a hard time finding the physical when prices come down...perhaps just hold steady through the storm.

I think we all know what we're in for...
 

sparkuri

Pulse on the finger of The Cimmunity
First 100
Jan 16, 2015
37,765
49,642
I'm no financial advisor and have no clue really what I'm talking about so do not take my advice for anything other then pure 100% bullshit....Still thinking we are gonna see something similar to 2008 - metals gonna come down big time. Possibly see Gold $1300 oz - Silver $13 In The next year ...we do have a different dynamic here compared to 2008 though so I wouldn't necessarily sell off and try to get back in at lower prices - supply and inventories may be depleted and could have a hard time finding the physical when prices come down...perhaps just hold steady through the storm.

I think we all know what we're in for...
Harry Dent thinks silver will tank to $9.
I can see $15 but just on supply/demand cannot see below that. Even if spot tanks premiums rise balancing real value.
Spot to me is nothing less than a sale indicator.

Amazing parallels in JP's actions.
This video made me reassess my pragmatic side in relation to JP Morgan.


I see pm's with two jumps, a spike as blood is in the streets, a tank when coffins are abandoned for mass graves, then another spike to baseline upon currency change & pegging.
Countries are mass hoarding precious metals while stockpiles & industry are still able to acquire them easier than post-war scavenging.
 

sparkuri

Pulse on the finger of The Cimmunity
First 100
Jan 16, 2015
37,765
49,642
Screenshot_20220926_134236.jpgScreenshot_20220926_110521.jpg
Screenshot_20220926_134725.jpg

Not looking good.
Spiking 10-year, bond selloffs, nuclear threats, dollar highest in 20+ years.
 

sparkuri

Pulse on the finger of The Cimmunity
First 100
Jan 16, 2015
37,765
49,642
 

sparkuri

Pulse on the finger of The Cimmunity
First 100
Jan 16, 2015
37,765
49,642
Scored a 1/10th oz. today for $99 from a consignment shop.
Owner was a coin collector so I couldn't believe it.
This thing probably sat for months at $110 because no one knew what it was.



20221014_162425.jpg
20221014_182652.jpg
20221014_182658.jpg
 

Enock-O-Lypse Now!

Underneath Denver International Airport
Jun 19, 2016
12,229
20,288
Big spike up in the Precious metals game, I fully expected the PMs to tank at some point but this may be taking off ...

Also harder and harder to find physical in my area.
 

sparkuri

Pulse on the finger of The Cimmunity
First 100
Jan 16, 2015
37,765
49,642
Big spike up in the Precious metals game, I fully expected the PMs to tank at some point but this may be taking off ...

Also harder and harder to find physical in my area.
Primarily correlating with the sharp losses of the DXY; Up past $24 early, cut in half by day's end.
Which means TPTB aren't finished accumulating, which means it's still in sale.
Imo.
Down dxy to prop all markets, back & forth, push & pull, tug & let go, reward their buddies, make us poor.
Grateful to be in the U.S. still.