Gold and Silver on the Cusp of a Major Move Higher!

Discussion in 'Bullion Investing' started by fretboard, May 17, 2021.

  1. fretboard

    fretboard Defender of Old Coinage!

    It's funny and predictable that Youtube pushers come out of the woodwork to push buying Gold and Silver as Gold moves upward and Bitcoin drops a bit. :D I can't keep up with all this nonsense!! I watch it for entertainment but I haven't watched this one yet as I only watch them when I'm killing time, and right now is not the time! ;)

     
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  3. JCKTJK

    JCKTJK Supporter! Supporter

    I have to wonder if the latest sell off of Crypto's might be pushing PM's higher?

    Will watch later!
     
    fretboard likes this.
  4. Beardigger

    Beardigger Well-Known Member

    Well Silver jumped 83 cents an ounce today to 28.25
     
  5. fretboard

    fretboard Defender of Old Coinage!

    The spot price of Silver has not gone up significantly for over a year, yes it's gone up and down but only above $28 a few times in the last year. Will the spot price of Silver ever go up significantly or are buyers of Silver buying on blind faith???? :D

    https://www.kitco.com/charts/popup/ag0365nyb.html
     
  6. Scott J

    Scott J Well-Known Member

    Well, it does make sense with inflation, negative interest rates, printing money etc
     
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  7. Santinidollar

    Santinidollar Supporter! Supporter

    Gold and silver have risen during the Bitcoin sell off, but I have no idea if there’s a direct correlation.
     
    JCKTJK likes this.
  8. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Three words (IM NOT BUYING)
     
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  9. fretboard

    fretboard Defender of Old Coinage!

    Silver to $300, Gold to $10,000! laughhard.gif

     
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Not sure how realistic that is, not so much
    silver but gold is tied directly to the dollar
    so the dollar would have to take a major dive
     
  11. slackaction1

    slackaction1 Supporter! Supporter

    I'M NOT SELLING
     
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    My philosophy is a long term investing approach :)
     
  13. midas1

    midas1 Exalted Member

    How is "gold tied directly to the dollar"?
     
    ToughCOINS likes this.
  14. chascat

    chascat Well-Known Member

    In Earth time, "Soon" means within the next couple hundred thousand years.
     
  15. Mr.Q

    Mr.Q Well-Known Member

    Our heirs will be pleased, our precious metals are safe and secure. We now sit back and watch the market. Our pleasure now is focusing on continued coin and currency collecting, sharing by giving but never selling. There are still some very good buys online, in local coin shops, and shows. Enjoy the ride everyone.
     
    fretboard likes this.
  16. fretboard

    fretboard Defender of Old Coinage!

    Yep currency collapse, Youtube has that as well! :D

     
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Everybody has an opinion..LOL
     
    fretboard likes this.
  18. Santinidollar

    Santinidollar Supporter! Supporter

    No one’s investments are safe as long as Treasury Secretary Janet Yellen keeps going out in public, mouthing the company line and trying to undercut the Federal Reserve Board, which she once headed before being fired. She did it last week to the stock market and, in an encore, did it again today.
     
    Scott J likes this.
  19. losthomer

    losthomer Active Member

    My heirs would probably prefer Bitcoin.
     
    mpcusa likes this.
  20. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Smart Man !
     
  21. chascat

    chascat Well-Known Member

    A smart man would prefer a food stash.
     
    midas1 likes this.
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