Of course he did. That is the probably the Brian I think it is, which is why I can't see the post, because I ignored him some time ago. All of you should do.
No, gold is getting the "safety" $$$ and silver is being depressed because of global growth slowdown fears. Folks, remember....silver is an INDUSTRIAL metal, gold is NOT.
I would love to see a return to higher denominated silver coins. That might make the grey metal shine again. https://abc7news.com/5941406/
It could become a recurring seasonal virus, like the flu: https://www.theatlantic.com/health/archive/2020/02/covid-vaccine/607000/
Well now this sure is odd. Here's a thread in the PM room, where all roads lead to wallstreet marveling, and no one marvels over the header the dow did yesterday. Thousand points. Really? The squirrels just now noticed "Rosie Queen of Corona?" Here's another question. What about real estate? How much of it has been propped up by buyers from overseas, particularly China? And if the United States were to allow flights in that originated from China how many rich Chinese want to sit in a confined space sucking in the exhales of 200 other people for however long it takes to go from China to LA so they can scope out some over priced crap to flip? And why isn't the Zombie Fulfillment Center using that as an excuse to steal more interest from savers? C'mon Jay get with the program.
Silver got thrashed today and gold didn’t do well either. The Vix is at 29. Market tanking. Well I need some comic relief...
So I thought the opposite was supposed to happen when stocks plunge PM's rise ,Not everything plunges !! And Comic Relief Hmmmmm, Did you hear the one about the 2 grand kids that were on mid winter break and drove there Pa Pa completely nuts!! Go ask the Squirrels I think They took me away to their Tree House .
Market manipulation? Dumping 6000 silver contracts in one whack is completely normal. Comic relief indeed. Edit: 7000 contracts in one minute at 3:59. Someone really had to show the sheep that PMs are not the place to park your cash. Sad.
Yep, here's another article on the virus! https://www.kitco.com/news/2020-02-...w-that-broke-the-camel-s-back-Sprott-CEO.html
Personally I don't own any Palladium but I wish I did! In times of serious health threats almost all PM's move upward initially. How long will it last, who knows!
Really no way of investing in it.... Held by big traders and you are not allowed. As with more and more. Silver is the Joke, thank God JP doesnt or cant control GOLD as deep. Yes, they can a little, but Silver is now OWNED by them. At some point they could unload their hoard, but why should they when we have given them the key to everything. Then we tell them, go ahead risk everything and if you run into a problem we will just take the money from Americans accounts to make you whole. Rule changes have made it so your bank funds are not really yours///