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What Happens To Gold And Silver Next? Look Out Below?

 
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Pillar of the Community
United States
567 Posts
 Posted 08/05/2019  9:06 pm  Show Profile   Bookmark this reply Add joecoin to your friends list Get a Link to this Reply

Quote:
There is a change of character and levels in price ahead are being up bought up.


Could you please elaborate on this statement?

I have no idea what you mean by this.
Bedrock of the Community
United States
17544 Posts
 Posted 08/07/2019  09:25 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I agree, a little hard to follow it.
Pillar of the Community
United States
2741 Posts
 Posted 08/07/2019  10:34 am  Show Profile   Bookmark this reply Add mdpmedia to your friends list Get a Link to this Reply

Quote:
There is a change of character and levels in price ahead are being up bought up.



Quote:
I have no idea what you mean by this.


The way I understand and agree with this affirmation is that gold has a greater substantive support mechanism at present with a lesser likelihood of dropping back to significantly lower levels at least in the foreseeable future.

As always, it is pure speculation, however, but based upon verifiable tumultuous impending world events such as the Iran provocation and a threatening trade/tariff standoff with China; both of these events appear to be stirring the emotion of fear and a flight to the safer haven of PMs etc.
Pillar of the Community
United States
1948 Posts
 Posted 08/09/2019  4:17 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
It's a good time to be a seller. Nothing predictive at all. This is the time to take profits and put money in the bank.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
08/09/2019 4:18 pm
Pillar of the Community
Learn More...
United States
3960 Posts
 Posted 08/09/2019  4:51 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Reading Kitco news with most analysts voting gold will climb higher next week, so selling some of your PM may not be bad.

The Mercury Dimes Specialist!
Current project: US Dansco 7070 Album
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Pillar of the Community
United States
1181 Posts
 Posted 08/09/2019  8:05 pm  Show Profile   Bookmark this reply Add ilikeikes to your friends list Get a Link to this Reply
I have been taking profits on Silvercrest pretty much all year. I was very lucky, and, got in very early, and, that 1 pick has outperformed everything else by a longshot.
I have learned to take profits along the way, and, never try and call a top. Of course, I hope both silver and gold reach NEW all time highs, we all do.
This current run seems pretty strong. Lower interest rates in our favor, as are geo-political upheavals.
Hang on for the ride.
Pillar of the Community
Learn More...
United States
3960 Posts
 Posted 08/09/2019  9:00 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
Good call ilikeikes!

The Mercury Dimes Specialist!
Current project: US Dansco 7070 Album
Buy & Trade list
Valued Member
United States
310 Posts
 Posted 08/23/2019  7:32 pm  Show Profile   Bookmark this reply Add howell1018 to your friends list Get a Link to this Reply
I feel that at some point in the not too distant future the U.S. and China will give up their posturing over tariffs and rescind them. At that point does gold give up $2-300, or.....?
Bedrock of the Community
United States
17544 Posts
 Posted 08/24/2019  4:22 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Gold looks very good for the long haul. Currencies around the world coming apart at the seams racing to devalue, negative interest rates, and World Bankers talking about moving to crypto currency as a replacement for current global fiat.
Valued Member
United States
483 Posts
 Posted 08/25/2019  12:45 pm  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
The world is in a slow but steady gold rush, or rush for gold, we see this in global central bank policy of today, they are buying gold as a hedge against inflation that of which they promote through monetary easing. The silver institute is not confident about silver in upcoming years, but it went up 2% Friday.
Bedrock of the Community
United States
17544 Posts
 Posted 08/25/2019  2:22 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Silver has been the big disappointment.
Pillar of the Community
United States
1357 Posts
 Posted 08/25/2019  9:43 pm  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
Silver has a well documented "friday bounce". Happens way more often than it does not.
Bedrock of the Community
United States
17544 Posts
 Posted 09/03/2019  8:20 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Finally, silver comes alive. It's been a good two weeks for Ag.
Edited by IndianGoldEagle
09/03/2019 8:24 pm
Pillar of the Community
United States
5178 Posts
 Posted 09/03/2019  9:56 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Silver's now outpreforming gold YTD. Nice.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Youtube: https://www.youtube.com/channel/UCq...ukyxurAHKuRg
If you want to buy something or sell something or just talk, shoot me a PM!
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