What is Happening With The Price of Gold $ Silver?

Discussion in 'Bullion Investing' started by fretboard, Sep 15, 2021.

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  1. GoldFinger1969

    GoldFinger1969 Well-Known Member

    You're at the mercy of Chinese and auto demand, plus Russian/S. African supply.

    It can go up to $3,000 an ounce or decline to $500/oz.
     
    GoldFinger1969, Sep 22, 2021
    #41 + Quote Reply
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  3. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Why do people think that banks "smash the prices" down or up ?

    Banks don't do this. They can't. It's not profitable. The regulators would be all over them.

    I've worked for 2 large banks in their wealth management divisions. If I recommended all this "manipulation" that so many of you are convinced of, I'd have been (1) laughed out of the room (2) fired. :D
     
    GoldFinger1969, Sep 22, 2021
    #42 + Quote Reply
  4. slackaction1

    slackaction1 Supporter! Supporter

    i go with fired
     
    slackaction1, Sep 26, 2021
    #43 + Quote Reply
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Simple answer, no one is building new cars or allot less then normal, the semi conductor market is off the chart, just non existent, they wouldn't even give me a second key...LOL
     
    mpcusa, Sep 26, 2021
    #44 + Quote Reply
  6. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    Not time to sell, that's what's going on!
     
    xCoin-Hoarder'92x, Oct 7, 2021
    #45 + Quote Reply
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Long term wealth storage, that’s what
    it’s about, atleast for me :)
     
    mpcusa, Oct 7, 2021
    #46 + Quote Reply
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