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

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Pillar of the Community
United States
3789 Posts
 Posted 03/15/2014  4:54 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
holy cow, just noticed one thing... its been basically one year since I started this thread? lol WOW how time flies.

I just want to say I have enjoyed contributing via this thread, I hope many have gotten a quick easy read on the markets and that its been helpful. I want to thank the Mods here who have allowed me to have this thread here and let me share my knowledge of the markets.

I know a lot of folks felt I was butting heads or was a know it all, or perhaps were skeptical of someone new to the forum showing up. I get that and to tell you the truth, while I love you all, I dont really care if you dont like me lol

My whole point has been to help my fellow collectors out, that folks can see there is no real mystery to the PM markets,, its not really a bunch of voodoo hoodoo..... that price action is real, its a guide, and that you do not need to know all the gibberish and nonsense, noise, that you find on the financial news networks.

I hope you have found it to be simple and easy to follow and hopefully you can pick up on it and learn and be in control of what really happens with price. :D
Valued Member
winterfell's Avatar
United States
231 Posts
 Posted 03/16/2014  5:49 pm  Show Profile   Bookmark this reply Add winterfell to your friends list Get a Link to this Reply
I've enjoyed following this thread for a while now, it's interesting and informative. Thanks Yup!
Pillar of the Community
United States
3789 Posts
 Posted 03/16/2014  6:40 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
@winterfell

thank you for the kind comments, I am glad to hear you are enjoying this thread.

Its good to hear that my contribution for the hobby is found useful by others.

thank you again!
Pillar of the Community
MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 03/16/2014  7:23 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
Thanks for sharing your knowledge yup.

I enjoy reading your insights into the markets when you have the time to post.

-MV
New Member
dirtdog's Avatar
United States
10 Posts
 Posted 03/17/2014  09:45 am  Show Profile   Bookmark this reply Add dirtdog to your friends list Get a Link to this Reply
@yup
I, too, have enjoyed following this thread since the beginning. It has been an educational, and entertaining, topic to follow. Thanks for your time and expertise! Keep 'em coming!
Pillar of the Community
oblakavshtanax's Avatar
United States
757 Posts
 Posted 03/17/2014  10:35 am  Show Profile   Bookmark this reply Add oblakavshtanax to your friends list Get a Link to this Reply
Well I for one have hated and loathed this cornucopia of helpful analyses and explanations.
Pillar of the Community
fistfulladirt's Avatar
United States
4333 Posts
 Posted 03/17/2014  11:38 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply
I like reading it, but there's never any mention of market manipulation.

OOPS! Shhhhhhhhhhhhhhhhhh!

When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
United States
1590 Posts
 Posted 03/18/2014  09:46 am  Show Profile   Bookmark this reply Add jmkendall to your friends list Get a Link to this Reply
I've found it to be very interesting and informative.
Pillar of the Community
United States
3789 Posts
 Posted 03/18/2014  11:05 am  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
well well well

golds first area of real resistance has been exposed today. notice how it cant even get dip buyers to buy the dip.

Going forward, this area is important. Does this mean its all over with for gold? Does it mean gold bounces higher?

important clues are going to surface from this day. more later
Valued Member
GaryN's Avatar
Canada
293 Posts
 Posted 03/18/2014  3:30 pm  Show Profile   Bookmark this reply Add GaryN to your friends list Get a Link to this Reply
About 6 months ago, I exchanged all my gold for silver....boy did I mess up. All I need from you yup is to let me know when Silver will be up to $25 so I can sell out, break even, and get out of this horse racing investing....to stressful for me:)
Pillar of the Community
coinwatch's Avatar
United States
808 Posts
 Posted 03/19/2014  12:08 am  Show Profile   Bookmark this reply Add coinwatch to your friends list Get a Link to this Reply
As the kids say... I feel you, GaryN. Silver can be a brutal heart breaker.
Pillar of the Community
trout1105's Avatar
Australia
7096 Posts
 Posted 03/19/2014  12:43 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply

Quote:
About 6 months ago, I exchanged all my gold for silver....boy did I mess up. All I need from you yup is to let me know when Silver will be up to $25 so I can sell out, break even, and get out of this horse racing investing....to stressful for me:)


I sold most of my bullion and Grannybait Silver when it was about 30 dollars an ounce.
I invested this into numismatic coins and have since doubled the worth of that sale in the last 12 months.

Unlike Silver or Gold NONE of my Numismatic coin purchases have lost a cracker, They have in fact increased in value by at least 100%
NO stress , No worries and I get to look at some amazing coins instead of mass produced bullion .
After all I am first and foremost a coin collector and not a Bullion Dealer/Trader, I did dabble for a while but it bored me senseless .
Each to their own , But I recon I have far more fun with my coins than I ever did with playing the stacking game
Pillar of the Community
bekiz's Avatar
Japan
666 Posts
 Posted 03/19/2014  01:33 am  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
T.,
though I still buy low premium semi-numiz, like proof ASEs, kookas, etc. in anticipation that silver will go up(I'm 100% positive it will during next 7 years), the best performing coins for me were numismatic ones ...
As per PMs, my best move was to stop trading stocks/options and to start trading coins ... I operate very low amount, but the return and the joy is incomparable.




Pillar of the Community
fistfulladirt's Avatar
United States
4333 Posts
 Posted 03/19/2014  05:58 am  Show Profile   Bookmark this reply Add fistfulladirt to your friends list Get a Link to this Reply

Quote:
About 6 months ago, I exchanged all my gold for silver....boy did I mess up. All I need from you yup is to let me know when Silver will be up to $25 so I can sell out, break even, and get out of this horse racing investing....to stressful for me:
That's where you messed up, believing silver to be a good investment...you need to stack and forget about that pile; think of silver as insurance and a store of value, you'll be all set.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
Pillar of the Community
United States
3789 Posts
 Posted 03/19/2014  11:41 am  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
Heads up guys,,, notice gold giving up its b/o from the 3/6 date, with no bounce yet. Silver continues to also give up gains, once again testing and filling that gap, for a second time. Silver continues to probe that lower area.. which is not a great thing, continued tests of that gap from the 3/11 date could signal even lower prices,, watch and see if it bounces yet again from this area.

Clearly resistance showed up this week in both gold and silver. This does not signal that its all down here from here, nor can we say this is just a normal pull back. proceed with caution.
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