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








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!

Looks Like Ppt Is Out Of Bullets!

To participate in the forum you must log in or register.
Author Previous TopicReplies: 3 / Views: 1,025Next Topic  
Pillar of the Community
hockingzig's Avatar
United States
1450 Posts
 Posted 08/02/2011  3:43 pm Show Profile   Bookmark this topic Add hockingzig to your friends list Get a Link to this Message Number of Subscribers
The usual 3 pm recovery didn't happen today! Is the Plunge Protection Team out of bullets or just out of money? Gold keeps climbing,at 3:30 pm eastern time $1652/oz.And this is all happening with a strong dollar!
Edited by hockingzig
08/02/2011 3:48 pm
Pillar of the Community
stewart's Avatar
United States
1126 Posts
 Posted 08/02/2011  4:06 pm  Show Profile   Bookmark this reply Add stewart to your friends list Get a Link to this Reply
"UH OH Aww Out Of Buwetts" As Elmer Fudd would say

It may be that they know everyone is on to there game
Get ready for them to change the rules and possibly
the game itself.
The dips that they are creating with the paper are
not lasting as long as they use to
I was able to catch the last two dips and get to the coin shop
Did not make it today. Dip too short Everyone
sitting there with their fingers on the trigger.
Pillar of the Community
Silverhawk74's Avatar
United States
3670 Posts
 Posted 08/02/2011  4:17 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Think of the US and the world economic situation as Elmer Fudd's head, and Bugs bunny takes off his white glove, (secretly fills it with a golden brick, lol), and then proceeds to back hand/fore hand Elmer until the brick in the glove turns to rubble....
Edited by Silverhawk74
08/02/2011 4:18 pm
Pillar of the Community
Ceylon62's Avatar
United States
1285 Posts
 Posted 08/03/2011  07:01 am  Show Profile   Bookmark this reply Add Ceylon62 to your friends list Get a Link to this Reply
IF you are referring to the stock market..
The sell off is due to politics (artificial / manufactured crisis which was avoidable).

Also, the US stock market is one of or THE cheapest (some think so) by most valuation metrics compared to other developed markets (take a look at the recent takeover premiums being offered and just released earnings). Ergo, no need to do anything.

IF you are referring to PM's...
They do not do anything in the PM / commodity markets unless you read some conspiracy theory. However during the melt down in 2008, Paulson gave a 24 to 36 hour public warning / broadcast to the specs before stepping in and taking them out / specs lost. He in effect put a floor on gold at around $750 an oz and held it.

Happy trading.
Edited by Ceylon62
08/03/2011 07:04 am
  Previous TopicReplies: 3 / Views: 1,025Next 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 0.2 seconds to rattle this change. Forums