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

Until the Bullion folks get their act together(doubtful, as I'm sure many of the folks higher up are "in bed"), and do something about manipulation, ain't nuttin going to change. IF I were a mining company, and, knew this, year after year, I don't think I would find it acceptable. If what goes on in this arena happened anywhere else, you know darn well, the SEC would be ALL over it. They have been busting spoofers, but, that's about it. The big banks are protected...BUT...read this...5 more banks busted!!
http://www.kitco.com/news/2016-10-0...ks-GATA.html

I dont believe in manipulation. It really doesn't matter what is happening and nothing will come out of any investigations. Big waste of time.

More importantly tho is one suggestion I have: where to buy this dip.

Let me first say I am not crazy about buying dips. Its not my edge, not my thing. HOWEVER, it is possible buy dips in an uptrend and many traders and investors buy dips in a rising asset. The thing is where to do it.

Now, commodities like gold, silver are very violent and it it can move so much that buying the dip can be like catching a falling knife. So is there a way to try and catch it?

Some funds that trade commodities, some institutions, in gold, when they buy dips, like to use MAs, moving averages, (remember moving averages are ONLY reference points, not concrete set points) to do dip buys.

In gold, some funds like to buy when it drops into the 200 MA or a tad below it. Remember again, they like to do this IN UP TRENDS not DOWN TRENDS. Also remember it is possible that gold could slice past that 200 MA, hence why they do this during up trends.

So ok, I know everyone is like, "how the heck do I know what the MA is." Simple go here-

http://stockcharts.com/

Put any miner in there and it will show where the 200 MA is at. That red line is the 200 MA average, that is an area where some institutions will step in to buy. You can certainly try and follow them in as well.

Thought this might be of use to those sweating whats going on.

Got in 50----1997 KEY DATE 1 Oz Silver Maple Leafs, in original mint plastic(I cut 1 open, and, it is flawless, with NO contact marks)...I was NOT expecting the seller to accept my lowball offer, but, they did, so, off to NGC for grading. A MS69 NGC specimen just sold for $255..
Key Date coins always at a premium, with spot price not much of the qualifier. Only 100,970 of these were struck.2014 had 29,245,000 struck, so, you can see why this particular coin is so sought after.

@ilikeikes

yea they can work, I am not crazy about them but there are certain times where institutions make use of them like clock work. As another example, the 50 Day is a major bounce area and where institutions come in to buy.

Granted, I have seen times, many times, where MAs dont work for nada and its a matter of watching levels and price. So you have to take into consideration the asset you are trading and market conditions

PCGS? Too long to get my simple orders back(6-8 weeks now), too many mistakes(wrong year on label..wrong coin #, coin rotated, and not fixed , and wrong designations...MS, instead of PL)...NGC? Fast, easy, and a LOT higher PF70 success rate. 69's pretty much have to be "dumped", while the 70's are what makes or breaks an order.
PCGS has some "attitude" I do not like, and, "old School" way of business, that is soooo outdated, not user-friendly, and, in need of a huge overhaul. I called customer service over ANOTHER simple mistake they had made, and, NO apology, nuttin...just "send it back" dude........Now, I don't need an apology, it was just their attitude that surprised me, like, "S...Happens Dude get over it".....in this day and age, you pretty much do anything a customer wants to keep them coming back, and, have super-easy return systems in place( Amazon comes to mind, A+ grade)..it REALLY made me wonder who's in charge down in Long beach, with time after time, simple mistakes that really, no excuse for, sloppy, really..just plain sloppy.
A plus for PCGS, I have to admit, is their "Secure Label"..that whole system is very good, IMHO...I did do a large order this spring, all with the gold shield, so, I am protected from "swappers" upon resale(buyer opens a claim, "not as described", send back a fake, keeps the good one, and, gets a refund--think it doesn't happen? Your blind, if you do)
IMHO, NGC has worked out it's older issues, and, is ahead of PCGS on the overall grade now...wait times, service, accuracy, reliability, returns, customer service, ease of use, and website information, speed of email communication(a lot same day, or, 1 day, vs. 2-3 days for a reply from PCGS).
I learned in Management "class"...a customers attitude about a store is only as good as the last visit. My last visit to PCGS left me frustrated, and, feeling so powerless.
You want your customers to feel empowered...I know that's a "cliche", but, I feel like I can call or email NGC anytime, anywhere, and, get a good, solid, swift response I can count on. At PCGS, I wait 3 days for information that is snarky...is that a word?

Even when silver was down in the $12-14 range within the last year, I didn't see a huge difference in prices. I typically try to buy unc junk silver and prices really weren't much cheaper even with the lower spot price. I find that kind of odd, maybe folks just didn't want to sell at those low prices.

This isn't a bumpy ride. It's a sinkhole that is swallowing up the vehicles! Make it stop yup, make it stop!