Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold over $1700 again~ Silver touching $33/oz!
>
Reply to Thread
Message:
<p>[QUOTE="fatima, post: 1529873, member: 22143"]My opinion is that I think the traditional summer is over, the idiot dog & pony show political conventions are over (what a GD pain that was from one living in Charlotte), Europe is back from it's very long vacation, and therefore western world back to realizing that it's still SNAFU. The governments will be back to heavy fiat creation and gold will continue to rise as a result. </p><p><br /></p><p>We are entering the traditional period where gold rises. It will run from now to sometime in October, with another burst or so after the election. Gold will reset from ~$1650 to ~$1850 give or take. The real question is how high will it go. Silver, I have no idea. It may crash back to $19 for all I know. Anyone who regularly reads my posts should know that it is not driven by physical demand and doesn't move on fiat creation. The stock market is a complete farce. It's moving on very low volume and the money being printed by the banks ends up there. If we were in a real productive economy it simply couldn't move as it is now. </p><p><br /></p><p>So in general I say that for gold this is a natural occurrence as it has been for the last 12 years. Silver, it's a crap shoot.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1529873, member: 22143"]My opinion is that I think the traditional summer is over, the idiot dog & pony show political conventions are over (what a GD pain that was from one living in Charlotte), Europe is back from it's very long vacation, and therefore western world back to realizing that it's still SNAFU. The governments will be back to heavy fiat creation and gold will continue to rise as a result. We are entering the traditional period where gold rises. It will run from now to sometime in October, with another burst or so after the election. Gold will reset from ~$1650 to ~$1850 give or take. The real question is how high will it go. Silver, I have no idea. It may crash back to $19 for all I know. Anyone who regularly reads my posts should know that it is not driven by physical demand and doesn't move on fiat creation. The stock market is a complete farce. It's moving on very low volume and the money being printed by the banks ends up there. If we were in a real productive economy it simply couldn't move as it is now. So in general I say that for gold this is a natural occurrence as it has been for the last 12 years. Silver, it's a crap shoot.[/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
>
Gold over $1700 again~ Silver touching $33/oz!
>
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...