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Stack King Dollar, Lower Price Is Ahead

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leon1998's Avatar
United States
586 Posts
 Posted 10/28/2015  8:23 pm Show Profile   Bookmark this topic Add leon1998 to your friends list Get a Link to this Message Number of Subscribers
Gold and Silver prices failed the breakout again. Considering Commercial Traders/Banksters' massive short position, probably it is wise to wait for lower prices.

Let's stack King Dollar!
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 10/28/2015  9:25 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply
You have been saying that for weeks and yet the price has gone up not down.

If you haven't bought in the last two weeks then you never will, stick with dollars since silver and gold is not for you.
New Member
blue leader's Avatar
United States
10 Posts
 Posted 10/28/2015  11:05 pm  Show Profile   Bookmark this reply Add blue leader to your friends list Get a Link to this Reply
As we saw when prices were low 14's, spot went up with each drop, keeping prices close to where they are now. Agreed that if you aren't a buyer for the last 3-4 months, you are clearly waiting for unicorns to poop fresh silver bullion on your front porch.

:)
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Cascade's Avatar
United States
7390 Posts
 Posted 10/29/2015  10:08 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Wow, unicorn poop bullion. I need me some of that!
Valued Member
MichioKaku's Avatar
United States
374 Posts
 Posted 10/29/2015  10:17 am  Show Profile   Bookmark this reply Add MichioKaku to your friends list Get a Link to this Reply
Actually...it just went down fifty cents in the past day, so....
Pillar of the Community
leon1998's Avatar
United States
586 Posts
 Posted 10/29/2015  10:45 am  Show Profile   Bookmark this reply Add leon1998 to your friends list Get a Link to this Reply
Gold and Silver are going down today; probably hitting 1,150 and 15.6 soon.

Let's stack King Dollar !
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 10/29/2015  10:58 am  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply

Quote:
Gold and Silver are going down today; probably hitting 1,150 and 15.6 soon.


Ya you have to be right part of the time, 50/50 chance lol.
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Cascade's Avatar
United States
7390 Posts
 Posted 10/29/2015  11:10 am  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
It's still too soon. The action has swung too violently the last few days to call it yet. On another note, ASE's are down to 16% premium right now also. I'm hoping for a big dip and then I'll buy big before premiums are raised
New Member
blue leader's Avatar
United States
10 Posts
 Posted 10/29/2015  11:39 am  Show Profile   Bookmark this reply Add blue leader to your friends list Get a Link to this Reply
Cascade, that seems to be the key. On a drop, buy quickly before the premiums rise. Crazy how when we were in the low 14's and premiums were 30-50%, I paid $1.50-$2 less per coin when I bought just before that big drop to those lows (in the mid 15's).
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leon1998's Avatar
United States
586 Posts
 Posted 10/29/2015  4:22 pm  Show Profile   Bookmark this reply Add leon1998 to your friends list Get a Link to this Reply
@Northerncoins,

https://goccf.com/t/239729

I got some very good deals when Silver was in the 14s and informed many people here.
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Cascade's Avatar
United States
7390 Posts
 Posted 10/29/2015  5:59 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Hey leon. Kinda funny we haven't seen any 24hr deals don't ya think. I wonder why those indicators haven shown up like clockwork. Very strange week to say the least
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leon1998's Avatar
United States
586 Posts
 Posted 10/29/2015  7:49 pm  Show Profile   Bookmark this reply Add leon1998 to your friends list Get a Link to this Reply
@Cascade,

I don't know what kind of special you're looking for; but certainly many online bullion dealers are doing promotions. Gold might reach 1140 area where there is some technical support on my charts; before we can see any bounce. So far I am just saving some cash for Thanksgiving Specials.
Pillar of the Community
leon1998's Avatar
United States
586 Posts
 Posted 10/30/2015  11:28 am  Show Profile   Bookmark this reply Add leon1998 to your friends list Get a Link to this Reply
I am afraid Commercials/Banksters are harvesting their short positions now; gold might stay flat around $1140 for an extended period of time, until peeps believe gold finds support and pile on long position. Then Commercials will hit gold price again, sweeping through these peeps' stop loss. Very evil plan, isn't it
Bedrock of the Community
IndianGoldEagle's Avatar
United States
36839 Posts
 Posted 10/30/2015  1:15 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
These prices are a gift to the physical stackers, allows you to pick up more "real metal" at artificially low prices. Has the global financial system improved or is it continuing to get worse? My guess is it will get far worse before anything improves. PM's = financial insurance.
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Northerncoins's Avatar
Canada
2019 Posts
 Posted 10/30/2015  1:15 pm  Show Profile   Bookmark this reply Add Northerncoins to your friends list Get a Link to this Reply

Quote:
@Northerncoins,

https://goccf.com/t/239729

I got some very good deals when Silver was in the 14s and informed many people here.


You think you were the only one who knew about this deal, um no, other forums were way ahead of you and buying, not because of where you "predicted" silver was to be or not to be.

Good try though, keeps things interesting here at the very least.
Pillar of the Community
leon1998's Avatar
United States
586 Posts
 Posted 10/30/2015  3:51 pm  Show Profile   Bookmark this reply Add leon1998 to your friends list Get a Link to this Reply
I can imagine many stackers itchy to buy physical this weekend. Usually this implies lower prices are ahead; been there, done that.
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