Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Coin, Banknote and Medal Collectors's Online Mall Specializing in Modern Numismatics Shop for APMEX Bullion on eBay!Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Central Banks Have Lost Control Of The Gold Price

To participate in the forum you must log in or register.
Author Previous TopicReplies: 4 / Views: 1,482Next Topic  
Pillar of the Community
leon1998's Avatar
United States
586 Posts
 Posted 04/19/2016  3:22 pm Show Profile   Bookmark this topic Add leon1998 to your friends list Get a Link to this Message Number of Subscribers
Interest rate already at the rock bottom; economy too weak to handle any rate hike. Industrial production is going down and out; while the printing press keeps working. With mountains of debt, inflation and devaluation are the ONLY way out.

Gold and Silver have finally turned the tide.
Rest in Peace
bpoc1's Avatar
United States
4078 Posts
 Posted 04/19/2016  5:07 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
Looks like the NY Stock Market hit a record high yesterday.
Pillar of the Community
Cascade's Avatar
United States
7390 Posts
 Posted 04/19/2016  6:36 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Where you been leon. Did you lose your shirt on a short and have been licking some wounds?
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 04/19/2016  6:39 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
There are record low interest rates in a lot of countries around the World. It's a leftover of the 2008 GFC.
Low rates are to allow business to borrow money easily, and that is why the stock exchanges across the Planet are showing reasonable pricing just now.

Nevertheless, with huge and growing debts in most of the World's leading economies, recovery from the 2008 GFC is still fragile. That explains why stock prices are so volatile in many stock exchanges around the World.
Pillar of the Community
leon1998's Avatar
United States
586 Posts
 Posted 04/19/2016  8:28 pm  Show Profile   Bookmark this reply Add leon1998 to your friends list Get a Link to this Reply
@Cascade, My silver short position was stopped out @15.4 one month ago.

http://forums.silverstackers.com/to...-page-9.html
  Previous TopicReplies: 4 / Views: 1,482Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.21 seconds to rattle this change. Forums