Silver and Gold....... Crash is coming soon.

Yepp, bought at 260 USD p/o in 2001. Sold off 40% of my holdings in 2011 at 1600 USD p/o, due to a real estate investment. With the 40% sell-off, the sales vale was far greater than the acquisition value for the total, so my current holdings are sort of a freebee. I guess that makes me one of the "strong hands" holding on to gold.

Is this when the paper gold and silver gets dumped,ie out of thin air paper that didnt exist?

Gold down 1%.

Silver down 2%.

And sliding further.

Because its the last trading day of the month and the chartists must be steered like children. Makes that year over year chart look pretty/ier

OMG this is a funny thread!

And its crashed.. OP is spot on.

Gold is down to 1391 and Silver 23.14....yikes!