Precious Metals And The Coronavirus

Discussion in 'Bullion Investing' started by Joe2007, Feb 21, 2020.

  1. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Yeah, but at least they have a great literacy program and free healthcare. :D:D:D
     
    xCoin-Hoarder'92x and yakpoo like this.
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  3. myownprivy

    myownprivy Well-Known Member

    Of course he did. That is the probably the Brian I think it is, which is why I can't see the post, because I ignored him some time ago. All of you should do.
     
  4. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Often though they are driven by Fear, Greed, and Ignorance. IMO, Jim
     
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  5. yakpoo

    yakpoo Member

    I thought silver would be making a bigger move.
     
    ripple likes this.
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    That they are!
     
    xCoin-Hoarder'92x likes this.
  7. GoldFinger1969

    GoldFinger1969 Well-Known Member

    No, gold is getting the "safety" $$$ and silver is being depressed because of global growth slowdown fears.

    Folks, remember....silver is an INDUSTRIAL metal, gold is NOT.
     
    yakpoo likes this.
  8. yakpoo

    yakpoo Member

    Last edited: Feb 24, 2020
  9. GeorgeM

    GeorgeM Well-Known Member

  10. longnine009

    longnine009 Most Exalted Excellency Supporter

    Well now this sure is odd. Here's a thread in the PM room, where all roads lead to wallstreet marveling, and no one marvels over the header the dow did yesterday.

    Thousand points. Really? The squirrels just now noticed "Rosie Queen of Corona?"

    Here's another question. What about real estate? How much of it has been propped up by buyers from overseas, particularly China? And if the United States were to allow flights in that originated from China how many rich Chinese want to sit in a confined space sucking in the exhales of 200 other people for however long it takes to go from China to LA so they can scope out some over priced crap to flip? And why isn't the Zombie Fulfillment Center using that as an excuse to steal more interest from savers? C'mon Jay get with the program.
     
    Last edited: Feb 25, 2020
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  11. Gilbert

    Gilbert Part time collector Supporter

    Have no fear. The plunge protection team is on it.
     
    longnine009 likes this.
  12. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Woops, Dow down 650+, Gold and silver down. What to buy, what to buy.
     
  13. Bman33

    Bman33 Well-Known Member

    Silver got thrashed today and gold didn’t do well either. The Vix is at 29. Market tanking. Well I need some comic relief...
     
  14. abuckmaster147

    abuckmaster147 Well-Known Member

    So I thought the opposite was supposed to happen when stocks plunge PM's rise ,Not everything plunges !!
    And Comic Relief Hmmmmm, Did you hear the one about the 2 grand kids that were on mid winter break and drove there Pa Pa completely nuts!! Go ask the Squirrels I think They took me away to their Tree House .
     
  15. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    Watching Bitcoin now.. If it drops to $2000 I might get one. lol
     
  16. Gilbert

    Gilbert Part time collector Supporter

    Market manipulation? Dumping 6000 silver contracts in one whack is completely normal. Comic relief indeed.
    Edit: 7000 contracts in one minute at 3:59. Someone really had to show the sheep that PMs are not the place to park your cash. Sad.
     
    Last edited: Feb 27, 2020
  17. fretboard

    fretboard Defender of Old Coinage!

  18. longnine009

    longnine009 Most Exalted Excellency Supporter

    Sing louder ^
     
  19. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

  20. fretboard

    fretboard Defender of Old Coinage!

    Personally I don't own any Palladium but I wish I did! :D In times of serious health threats almost all PM's move upward initially. How long will it last, who knows!:)
     
    ripple likes this.
  21. Brian Calvert

    Brian Calvert Active Member

    Really no way of investing in it.... Held by big traders and you are not allowed. As with more and more.
    Silver is the Joke, thank God JP doesnt or cant control GOLD as deep. Yes, they can a little, but Silver is now OWNED by them. At some point they could unload their hoard, but why should they when we have given them the key to everything. Then we tell them, go ahead risk everything and if you run into a problem we will just take the money from Americans accounts to make you whole.

    Rule changes have made it so your bank funds are not really yours///
     
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