Gold Tumbles Below $1800, Erases All YTD Gains | |
Anonymous Coward User ID: 76296796 United States 05/13/2022 09:29 AM Report Abusive Post Report Copyright Violation | |
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BBQ BOY™ User ID: 81759931 United States 05/13/2022 09:39 AM Report Abusive Post Report Copyright Violation | https://imgur.com/a/EJM1TDV $20.58 this morning. [link to finviz.com (secure)] "Never underestimate the pain of a person. In all honesty, everyone is struggling. Just some people are better at hiding it than others." Everyone has to work out their own salvation. Life can only be understood backwards, but it must be lived forwards. |
Larphillips User ID: 78895011 United States 05/13/2022 09:40 AM Report Abusive Post Report Copyright Violation | As paper PMs fall, the premiums on physical are rising…values on physical are holding the old gains, and in some cases surpassing them. Continue to watch what Russia is doing very loudly, and what China has been doing very quietly…shoring up their physical holdings, as well as adding to them. Why? Because they’re pegging their currencies to them as well as making moves to boot the US dollar from oil. “A person is smart, people are stupid.” “Nobody knows until everybody knows” |
Anonymous Coward User ID: 83226315 France 05/13/2022 09:42 AM Report Abusive Post Report Copyright Violation | No one guessed that precious metals would decline in value during a period of high inflation. Quoting: Anonymous Coward 77791173 It's worthless paper work, when will you guys wake up, everybody knows these brokers cannot cover all the crap they issue to the market place. By the way the new BIS banking standard, reported MONTHS AGO, that gold will shift from being a commodity to be physical money only manageable by banks, here it is, gold traders should know about that. |
peterpeccary User ID: 79044425 United States 05/13/2022 09:42 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 57454371 United States 05/13/2022 09:46 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77791173 United States 05/13/2022 09:53 AM Report Abusive Post Report Copyright Violation | No one guessed that precious metals would decline in value during a period of high inflation. Quoting: Anonymous Coward 77791173 when will you guys wake up, everybody knows these brokers cannot cover all the crap they issue to the market place. gold will shift from being a commodity to be physical money only manageable by banks, here it is, gold traders should know about that. Will this happen in two weeks? |
Anonymous Coward User ID: 80360082 United States 05/13/2022 09:55 AM Report Abusive Post Report Copyright Violation | Again, actual buyers and consumers of physical know different. The jig may be up on the paper PM scam…at the very least, the market is showing no confidence in it. Quoting: Larphillips As paper PMs fall, the premiums on physical are rising…values on physical are holding the old gains, and in some cases surpassing them. Continue to watch what Russia is doing very loudly, and what China has been doing very quietly…shoring up their physical holdings, as well as adding to them. Why? Because they’re pegging their currencies to them as well as making moves to boot the US dollar from oil. The big boys don't care what you hobby stackers pay for your coins and 10 OzT bars, they buy 1000 OzT 'good delivery' bars by the hundreds and thousands. This is the retail price of a single good delivery bar today:$ 22,272.41 You will pay less in quantity. [link to www.goldcore.com (secure)] |
Anonymous Coward User ID: 83226315 France 05/13/2022 09:59 AM Report Abusive Post Report Copyright Violation | No one guessed that precious metals would decline in value during a period of high inflation. Quoting: Anonymous Coward 77791173 when will you guys wake up, everybody knows these brokers cannot cover all the crap they issue to the market place. gold will shift from being a commodity to be physical money only manageable by banks, here it is, gold traders should know about that. Will this happen in two weeks? Reported last year, i don't know when exactly the shift will happen but anyways it is scheduled to happen wether the operators are aware or not, this is also linked to the implementation of virtual currencies by central banks. Many are gonna get caught, because the cold blooded banksters would tell the losers that it was up to them, to be aware about that global financial shift. |
Anonymous Coward User ID: 82862075 United States 05/13/2022 10:00 AM Report Abusive Post Report Copyright Violation | Such a farce…. Record inflation. War. Crashing stock market. Crypto dumping. PMs should have a raging hardon right now. The mainstream logic is that interest rates are going up so therefore cost to hold gold goes up… blah blah blah. While there is some validity to that, in all fairness its just ridiculous for it to outweigh the other factors. The value of gold and silver have actually decreased since the war began and inflation started rolling in hot. Amazing. In true GLP fashion, me thinks that Russia/china may have been banking on price increases as well… suffice it to say their speculative positions are now underwater if not worthless already! |
Anonymous Coward User ID: 83226315 France 05/13/2022 10:05 AM Report Abusive Post Report Copyright Violation | No one guessed that precious metals would decline in value during a period of high inflation. Quoting: Anonymous Coward 77791173 when will you guys wake up, everybody knows these brokers cannot cover all the crap they issue to the market place. gold will shift from being a commodity to be physical money only manageable by banks, here it is, gold traders should know about that. Will this happen in two weeks? Reported last year, i don't know when exactly the shift will happen but anyways it is scheduled to happen wether the operators are aware or not, this is also linked to the implementation of virtual currencies by central banks. Many are gonna get caught, because the cold blooded banksters would tell the losers that it was up to them, to be aware about that global financial shift. Basel III: A Gift For Physical Gold Investors [link to seekingalpha.com (secure)] Thread: Basel III - June 28, 2021 |
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Anonymous Coward User ID: 21650052 United States 05/13/2022 10:14 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 21650052 United States 05/13/2022 10:15 AM Report Abusive Post Report Copyright Violation | Again, actual buyers and consumers of physical know different. The jig may be up on the paper PM scam…at the very least, the market is showing no confidence in it. Quoting: Larphillips As paper PMs fall, the premiums on physical are rising…values on physical are holding the old gains, and in some cases surpassing them. Continue to watch what Russia is doing very loudly, and what China has been doing very quietly…shoring up their physical holdings, as well as adding to them. Why? Because they’re pegging their currencies to them as well as making moves to boot the US dollar from oil. The big boys don't care what you hobby stackers pay for your coins and 10 OzT bars, they buy 1000 OzT 'good delivery' bars by the hundreds and thousands. This is the retail price of a single good delivery bar today:$ 22,272.41 You will pay less in quantity. [link to www.goldcore.com (secure)] Good luck finding 5 for a Comex contract. |
Anonymous Coward User ID: 57897053 United States 05/13/2022 10:34 AM Report Abusive Post Report Copyright Violation | |
We Are Slaves User ID: 82997802 Canada 05/13/2022 10:42 AM Report Abusive Post Report Copyright Violation | What a boring investment...gold is so passé That being said, imo it's still good to hold at least a little bit (physical)...as well as silver Warning : The post above may be pure speculation. Thread: The 2024-2025 Crypto Bull Market Thread |
Anonymous Coward User ID: 21650052 United States 05/13/2022 10:43 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 82203622 Canada 05/13/2022 10:47 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73015343 United States 05/13/2022 10:50 AM Report Abusive Post Report Copyright Violation | What Is it used for? Always thought it over valued. Outside of jewelry, or a store of value, yes can be used in electronics but only in small amounts due to cost. Oh Google says dentistry and medicine too. Would not be surprised if it goes lower. Quoting: Anonymous Coward 57454371 It's used by Banksters in paper form to cover shorts, that dreamworld is just about to end. |
Anonymous Coward User ID: 82203622 Canada 05/13/2022 10:54 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 81705135 United States 05/13/2022 10:54 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 81705135 United States 05/13/2022 10:55 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 82203622 Canada 05/13/2022 10:56 AM Report Abusive Post Report Copyright Violation | still looks better than an empty usb card. Quoting: Anonymous Coward 82203622 buy the dip guys... lol crypto is safe. lmao better than fiat lmfao.. maybe ill buy a new gpu this christmas, might be a fire sale ... god damn you're an idiot. you are the one who bought a $30000 usb card |
Anonymous Coward User ID: 81705135 United States 05/13/2022 11:13 AM Report Abusive Post Report Copyright Violation | still looks better than an empty usb card. Quoting: Anonymous Coward 82203622 buy the dip guys... lol crypto is safe. lmao better than fiat lmfao.. maybe ill buy a new gpu this christmas, might be a fire sale ... god damn you're an idiot. you are the one who bought a $30000 usb card thanks for confirming you're an idiot. you do know you can spend crypto anywhere right? just like a debit or credit card. i'm done teaching morons about the BASICS of crypto. keep on no-coining no-coiner. and stay the fuck out of crypto related threads if you don't have skin in the game... |
Anonymous Coward User ID: 82496760 United States 05/13/2022 11:13 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 82917880 United States 05/13/2022 11:26 AM Report Abusive Post Report Copyright Violation | Such a farce…. Quoting: Anonymous Coward 82862075 Record inflation. War. Crashing stock market. Crypto dumping. PMs should have a raging hardon right now. The mainstream logic is that interest rates are going up so therefore cost to hold gold goes up… blah blah blah. While there is some validity to that, in all fairness its just ridiculous for it to outweigh the other factors. The value of gold and silver have actually decreased since the war began and inflation started rolling in hot. Amazing. In true GLP fashion, me thinks that Russia/china may have been banking on price increases as well… suffice it to say their speculative positions are now underwater if not worthless already! Because Russia and China are holding gold, the Western powers are manipulating it's value downward? |
Anonymous Coward User ID: 79391326 Switzerland 05/13/2022 11:30 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79391326 Switzerland 05/13/2022 11:30 AM Report Abusive Post Report Copyright Violation | |