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 Replies: 5,643 / Views: 459,609 |
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Pillar of the Community
United States
4333 Posts |
Can charts help in a rigged market?
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Pillar of the Community
Canada
849 Posts |
What is a rigged market? I thought silver and gold went up and down because of increased demand or lack of demand. Am I being too naïve?
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Valued Member
Ireland
82 Posts |
hmmm I might have a bit to learn also?
are there "whales" with vast amounts of gold
playing the market to make more when the
"small fry" panic and sell . . . ?
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Pillar of the Community
United States
1804 Posts |
Ego, Greed, Fear and HOPE
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Valued Member
United States
52 Posts |
Don't forget Future Speculation.
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Bedrock of the Community
United States
36844 Posts |
Edited by IndianGoldEagle
07/30/2017 11:43 am
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Pillar of the Community
United States
1804 Posts |
Commodities (The Futures Exchanges) ~~
It is a ZERO net sum system.
EXCEPT for commissions etc.
Funds (money) flows from the weak, greedy, egotistical, under financed, to the well financed, intelligent, patient, players.
IMHO
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Pillar of the Community
Canada
849 Posts |
fistfulladirt - I am still waiting to hear when you mean by a "rigged market" when it comes to silver and gold. I am not sure what you mean by that.
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Pillar of the Community
United States
4333 Posts |
@punman. Someone has already answered. Millions, or billions of dollars of paper gold sold in one shot. No physical delivery required. Driving the price down.
They say that the value of gold, and silver has remained the same, for hundreds of years.
It's the measurement of it's value in fiat that fluctuates.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Edited by fistfulladirt
07/30/2017 6:09 pm
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Valued Member
United States
411 Posts |
walking into something I no nothing about but here goes.
today I was watching the stock market.
they made a statement that gold and silver will be going up for the next few days because the dollar is faltering .
does this sound right to you guys
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Pillar of the Community
United States
4333 Posts |
@cuzzx - usually when the dollar strengthens, gold and silver fall. When the dollar falls, so does gold and silver.
Make sense? I didn't think so.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Valued Member
United States
142 Posts |
Gold just hit 1320#128563;#128165;
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Pillar of the Community
United States
589 Posts |
These fluctuations in spot prices make no sense anymore.
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Pillar of the Community
Australia
7096 Posts |
With all the Sabre rattling going on at the moment people get nervous and when people get nervous the turn to PM's. Quite simple really.  |
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Valued Member
United States
245 Posts |
The main thing that has pushed up gold the last few months is the North Korea issue. Look what happened the last 36 hours since he fired a missile that went over Japan...people pulled out of stocks and into gold.
Gold is a safe haven investment, it's viewed in that regard.
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Replies: 5,643 / Views: 459,609 |
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Posted 07/27/2017 7:51 pm
