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Wow Gold Has Dropped Nearly 100 Dollars Today!

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Author Previous TopicReplies: 8 / Views: 2,581Next Topic  
Valued Member
DenverNRG's Avatar
United States
86 Posts
 Posted 06/20/2013  8:54 pm Show Profile   Bookmark this topic Add DenverNRG to your friends list Get a Link to this Message Number of Subscribers
This isn't much CRH but crazy to see it drop like that..... And silver dropped even harder percentage wise than gold!! over two dollars down for silver!! Thank God all CRH only pay face value for the stuff

*** Moved by Staff to a more appropriate forum. ***

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IndianGoldEagle's Avatar
United States
36415 Posts
 Posted 06/20/2013  10:03 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
More paper manipulation.
Valued Member
zookr's Avatar
United States
335 Posts
 Posted 06/20/2013  11:02 pm  Show Profile   Bookmark this reply Add zookr to your friends list Get a Link to this Reply
Maybe with China's economy dragging down the Dow #'s, metals will raise a bit?
Valued Member
DenverNRG's Avatar
United States
86 Posts
 Posted 06/21/2013  12:06 am  Show Profile   Bookmark this reply Add DenverNRG to your friends list Get a Link to this Reply
I'm hoping that gold will drop to 750/oz so I can buy up a whole bunch then rebound up to like 3000+..... This is actually a pretty accurate forecast for gold over the next 6ish months.... Should drop another500-600 dollars over that time period and then the real recession will hit us hard hard hard.... the great depression is nothing compared to whats coming so be sure to invest in Silver and Gold as often as you can cause it'll save your butt when it hits hard
New Member
Carson3333's Avatar
Canada
27 Posts
 Posted 06/21/2013  02:23 am  Show Profile   Bookmark this reply Add Carson3333 to your friends list Get a Link to this Reply
If that is so wouldnt selling back silver and gold be difficult?
Valued Member
DenverNRG's Avatar
United States
86 Posts
 Posted 06/21/2013  8:25 pm  Show Profile   Bookmark this reply Add DenverNRG to your friends list Get a Link to this Reply
No way selling Gold and Silver is always easy once you know where to sell it.... IE APMEX will buy up certain kinds.... Using auction websites is always good if you don't mind waiting for your money.... Or even if say you buy an ounce of gold for 750 and it jumps to 3000+ an ounce selling it at a place that pays 90% of spot is still a major profit(although I would never let gold or silver go for under spot personally)... Gold and Silver are ALWAYS easy to sell off even if the price sky rockets.... I guess I could see how it might be hard to move if you live in a small town but even then you cn get rid of gold online sooooo easy same with silver...
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jbuck's Avatar
United States
187446 Posts
 Posted 06/21/2013  11:24 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
This isn't much CRH but crazy to see it drop like that....
Which is why it was moved.

The forums are separated by the content posted, not by who participates in them.
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Libertad's Avatar
Canada
3692 Posts
 Posted 06/22/2013  12:45 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
I'm curious. In the Great Depression people had silver. And if a person had gold during this time (which was illegal), how would that have helped them feed themselves?
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basebal21's Avatar
13014 Posts
 Posted 06/22/2013  01:25 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Gold and Silver are ALWAYS easy to sell off even if the price sky rockets


Very few people were buying when Silver was in the 40s and reached 50 hence it fell back and fast.


Quote:
And if a person had gold during this time (which was illegal), how would that have helped them feed themselves?


Exactly if food is at a premium no one cares about metals.
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