Okay, what's going on with silver this morning?

Discussion in 'Bullion Investing' started by -jeffB, Sep 12, 2022.

  1. longnine009

    longnine009 Darwin has to eat too. Supporter

    Better make it a couple of rolls. Those ferry men on the Styx are probably union now.:p
     
    green18 and slackaction1 like this.
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  3. medoraman

    medoraman Supporter! Supporter

    This, and if the dollar weakens because the world realizes how much in debt we are, (this debt will accelerate since these higher rates are going to surge our national debt), $1300 gold is not a crazy idea. That is where I am looking to possibly slowly accumulate gold intentionally again. $1200 was my old threshold, but it has to go up long term to some extent if only for salaries, benefits, etc.
     
  4. longnine009

    longnine009 Darwin has to eat too. Supporter

    That little tiff in Eastern Europe is ,IMO, a big wild card. If investors believe it's going towards electricity free Popcorn and tan lines there might be a panic out of the Euro and into USD.

    And they may not care what our debt is if they use USD to pile into the dow.
     
    Last edited: Sep 29, 2022
  5. GoldFinger1969

    GoldFinger1969 Well-Known Member

    The world has more debt than the U.S. Gold trades off real interest rates and other variables and is probably oversold right here.
     
  6. charley

    charley Well-Known Member

    I don't understand what you mean. Probably choice of wording?
     
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