Discussion in 'Bullion Investing' started by yakpoo, Jun 21, 2019.
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Gonna stock up on silver and Corona Extra Antivirus
Yes ur right it did drop about 0.4% still barely 10% what silver fell. Platinum and palladium both up while silver fell almost 4%. I have been looking mainly at just the so called industrial metals.
Why then are Platinum and palladium on fire ?
Don't worry it will. It's cheaper than it was 10 years ago today. And there are several at spot deals going and I saw 90% under spot on facebook tonight.
Jeff, you are Evil!
Nah, just chaotic...
I guess the answer is a big fat "NOPE!"
When I see moves of this scope, I don't figure "folks" are significant -- it would take the big institutions to make a crater this deep.
Absolutely! Money managers are just folks.
What concerns me is the potential of a "White Swan". What do money managers do once a vaccine is announced and everyone rushes to the other side of the ship...all at once? What effect might a White Swan have on the bond market and bullion prices?
My "guess" is that gold prices won't move as much as other assets. Normally, I would expect money to flow from PMs to equities after a White Swan. However, folks have been selling PMs to absorb the market down draft. They may want to replenish their gold holdings should a White Swan occur.
Lizard folks, wearing human disguises. Or so I'm told.
Then either you forgot or just weren’t paying attention.
Pm’s followed Dow down for 75% of the move before divergence, bound for all time highs.
...most likely the latter.
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