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For all you gold and silver TARDS...

 
2FishOn
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User ID: 23623364
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05/07/2013 01:57 PM
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For all you gold and silver TARDS...
This guy knows what he is talking about... And he is not my uncle!


Yes, gold and silver and related mining shares may bounce a bit more. But mark my words: If you’re buying them now on the basis that they’ve bottomed, you’re going to lose your shirt!

So I repeat my warnings: Gold will NOT bottom until it moves below $1,100 an ounce. Silver will not bottom until it moves below $20. Mining shares, in general, will not bottom until they lose another 30 percent to 40 percent of their value.

But I will also go on record that the devastation in the precious metals sector, though not over, will come to an end over the next few months.

So while I maintain my view that you should continue to steer clear of the sector for now, you should also start preparing to move back in to the precious metals sector in a very big way.

So how do you prepare to do that?

[link to www.swingtradingdaily.com]
2FishOn
Anonymous Coward
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05/07/2013 02:24 PM
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Re: For all you gold and silver TARDS...
Bookmarked and will read... A quick glance shows me that he predicts silver to top out at $125 and gold at $5,000 ----but not until they drop much more from today's levels...
Anonymous Coward
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05/07/2013 03:28 PM
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Re: For all you gold and silver TARDS...
let it happen already so i could get a few more bullions...
Philligan
in rainbows

User ID: 4244936
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05/07/2013 03:32 PM

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Re: For all you gold and silver TARDS...
I also have been saying silver under $20.

And I'm a metals buyer.

Gold has a lot of support at $1250
Pray for Us Sinners Now and at the Hour of our Death
Philligan
in rainbows

User ID: 4244936
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05/07/2013 03:33 PM

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Re: For all you gold and silver TARDS...
let it happen already so i could get a few more bullions...
 Quoting: Anonymous Coward 36771362


Agreed .

Gold especially.
Pray for Us Sinners Now and at the Hour of our Death
Carol B.

User ID: 30598717
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05/07/2013 03:35 PM

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Re: For all you gold and silver TARDS...
let it happen already so i could get a few more bullions...
 Quoting: Anonymous Coward 36771362


Agreed .

Gold especially.
 Quoting: Philligan


Agreed...gold and silver!
Prayer.....the world's first wireless connection.
Anonymous Coward
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05/07/2013 03:36 PM
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Re: For all you gold and silver TARDS...
Paper price yes. Physical? Never.
Anonymous Coward
User ID: 39179481
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05/07/2013 03:37 PM
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Re: For all you gold and silver TARDS...
I'd settle for silver at $22. Was so close a couple of weeks ago...
Generation Doom

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05/07/2013 03:38 PM

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Re: For all you gold and silver TARDS...
It's going into the hundreds per oz when the dollar crashes anyway so any buy at these prices will work out in the long run.
Pray this prayer to blind Satan:
[link to flameoflove.us (secure)]
Anonymous Coward
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05/07/2013 03:42 PM
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Re: For all you gold and silver TARDS...
The dollar will NEVER crash, only a nuke will crash anything trying to take it off the shelf. Fed Script 4-Ever!
Philligan
in rainbows

User ID: 4244936
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05/07/2013 03:49 PM

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Re: For all you gold and silver TARDS...
I'd settle for silver at $22. Was so close a couple of weeks ago...
 Quoting: Anonymous Coward 39179481


The local guy I buy from every month usually sells eagles for $3.50 over spot.

Well I went in Thursday and that is now $5.50 over spot. I didn't pay that much but I did buy some buffalo rounds instead.

Silver will most likely drop under $22 but you'll probably only be able to get physical at that price by buying a big bar (100oz or larger bar) and you'll still pay at least $1.50 over spot.

But still a good deal and a good time to buy
Pray for Us Sinners Now and at the Hour of our Death
Philligan
in rainbows

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05/07/2013 04:07 PM

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Re: For all you gold and silver TARDS...
bump
Pray for Us Sinners Now and at the Hour of our Death
Generation Doom

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05/07/2013 04:10 PM

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Re: For all you gold and silver TARDS...
The dollar will NEVER crash, only a nuke will crash anything trying to take it off the shelf. Fed Script 4-Ever!
 Quoting: Anonymous Coward 22609730


It's going to blow one way or another. It's been in planning for a while in order to usher in the NWO and cashless global currency.
Pray this prayer to blind Satan:
[link to flameoflove.us (secure)]
bvndy
User ID: 28706319
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05/07/2013 04:27 PM
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Re: For all you gold and silver TARDS...
YOU are missing the fundamental fact about gold and silver,
mainly that they are not investments, but stores of value.
If gold reaches a hundred dollars an ounce, oil will be
around 20 bucks a barrel, if it reaches five thousand an ounce,
gas will be twenty dollars agallon
Gold will buy 140 cheap loaves of bread, as will 1400 dollars, but when (not if, but when) inflation takes off
and a loaf of bread is 5,000 dollars, gold will be 700,000
or so.
In the 1930's ten ounces of gold could buy you a new car,
ten ounces will
still buy you a new car (14000 or so)
In an inflationary economy there is no real investment, all
"profits" are illusory when the fed is dumping 85 billion
every
month to pay the bills, and the delusional
politicians are talking about 6.3 TRILLION to nationalize
a bunch of illegal aliens that can't speak english, and don't even mention "obamacare"
The 15,000 dow being sold as a great "investment is
great if you buy on the peak, never mind that after inflation its more like 5,000, and has nowhere to go but either down in a deflation(won't happen) or become worthless
in a runaway inflationary death spiral(will happen)
Gold will buy the same amount of goods, more as the become cheaper in real dollars, has always been that way.
Gold is a real store of value, the politicans can't print more of it, although some types can sell it several times,
we will always have a football field 2 inches deep of gold, for the entire planet
Why politicians hate it so much
No Dhimmi

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05/07/2013 06:30 PM

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Re: For all you gold and silver TARDS...
With regards to silver, this is a time for extreme caution! What is next? May 9-10, 2013… the drop! The question is how low will it go? The bottom comes in either Friday May 10, 2013 or Monday May 13, 2013. Will support at $22 hold or not? That is the big question. Again until May 13, 2013 has passed, silver is extremely vulnerable to a support break!

[link to www.jsmineset.com]
ALL relevant scriptures that include a time factor prove no pre-trib rapture. Over 50 verses! Kindle Edition only 99 CENTS! Biblical Eschatological “Time-Stamps” Relevant to the Last Day/Days (Amazon)





GLP