Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Dead cat bounce??
>
Reply to Thread
Message:
<p>[QUOTE="Rono, post: 1690974, member: 6492"]Geez, folks,</p><p><br /></p><p>Have we been invaded by tourists? </p><p><br /></p><p>Is this a Dead Cat Bounce [read: if you drop a dead cat from high enough, it might bounce, but it's still dead - refers to a sharp drop in a price of a stock or traded asset followed by a brief rise only to drop further.]</p><p><br /></p><p>It could be but I really don't think so. The fundamenals have not change at all. In the past 90 days, inflation has stayed the same, the dollar has stayed the same, the economy and uncertainty have remained the same. Nothing changed - except Cyprus?!??!?!? Rubbish. The paper POG and POS are being driven by market forces and not by fundamentals. </p><p><br /></p><p>Because the fundamentals have not changed I see the overall demand remaining about the same for most of the world. Central banks are still buying, industrial usage is still strong and growing, numismatic demand is still strong, survivalist demand is still strong. Where you are seeing weakness is the paper securities market technicals - the ETFs and institutional buyers and traders. feh. </p><p><br /></p><p>Watch the physical market - both supply availability and premium. I bet you'll see some supplies get weak and premiums increase. This is symptomatic of a demand/supply situation where prices are controlled and artificial. </p><p><br /></p><p>So, no, I do not see any great downside crash to either gold or silver. They might go down some more from here but nothing huge.</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 1690974, member: 6492"]Geez, folks, Have we been invaded by tourists? Is this a Dead Cat Bounce [read: if you drop a dead cat from high enough, it might bounce, but it's still dead - refers to a sharp drop in a price of a stock or traded asset followed by a brief rise only to drop further.] It could be but I really don't think so. The fundamenals have not change at all. In the past 90 days, inflation has stayed the same, the dollar has stayed the same, the economy and uncertainty have remained the same. Nothing changed - except Cyprus?!??!?!? Rubbish. The paper POG and POS are being driven by market forces and not by fundamentals. Because the fundamentals have not changed I see the overall demand remaining about the same for most of the world. Central banks are still buying, industrial usage is still strong and growing, numismatic demand is still strong, survivalist demand is still strong. Where you are seeing weakness is the paper securities market technicals - the ETFs and institutional buyers and traders. feh. Watch the physical market - both supply availability and premium. I bet you'll see some supplies get weak and premiums increase. This is symptomatic of a demand/supply situation where prices are controlled and artificial. So, no, I do not see any great downside crash to either gold or silver. They might go down some more from here but nothing huge. peace, rono[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Dead cat bounce??
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...