Silver getting crushed today

Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.

  1. bear32211

    bear32211 Still Learning

    Really Katy Perry ? You had to go there, what she die her hair silver ?
     
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  3. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    Katy went short and bottle blonde. My son's girlfriend hasn't. Same eyes. Same, umm, err, figure.

    My kid went to the same school as Taylor Swift and has a girlfriend who looks like Katy Perry. Bad blood? I don't think so.
     
    bear32211 likes this.
  4. bear32211

    bear32211 Still Learning

    Uplifting.
     
  5. Clawcoins

    Clawcoins Well-Known Member

    It's spelled dye, not die.

    o_O oh sorry, I had a @paddyman98 moment. :wacky:
     
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  6. bear32211

    bear32211 Still Learning

    dang auto-correct.
     
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  7. abuckmaster147

    abuckmaster147 Well-Known Member

    Hey Claw I caught a dollar tell me what to do with it, PLEASE !!! PLEASE!!!!
     
  8. Clawcoins

    Clawcoins Well-Known Member

    Give it to me. Then I'll be a Dollar Richer !!
    And you'll be more than a Dollar Richer by providing PM sustenance to me. :)

    Was it a $1 bill; $1 gold pre33 coin; $1 Morgan/Peace dollar; $1 ASE or half of a $2 bill ?
     
  9. Clawcoins

    Clawcoins Well-Known Member

    Affirmation of my investment shifts to US Stocks
    https://www.marketwatch.com/story/s...l-back-in-love-with-america-survey-2018-06-12

    In my retirements portfolios, I pulled most of my $$ out of Emerging Markets Funds which was doing good up until a year ago; and put everything into aggressive US stock Funds. Portfolio isn't very well diversified .. but pulling in a good appreciation so far.

    I figured the tax break was great for corp profits and should drive their valuation much higher. Yeah for the investor, who cares about the consumer/customer (as the insider saying goes).

    Although, Elon Musk is going to stop selling solar stuff to Home Depot. :(

    And this would be kewl ... https://www.cnbc.com/2018/06/07/car...t-co2-to-gasoline.html?recirc=taboolainternal

    I wonder if Bill will sell me a few preferred stock ??
     
    Last edited: Jun 12, 2018 at 5:35 PM
  10. Clawcoins

    Clawcoins Well-Known Member

    Oh this is interesting. Small used car prices are climbing due to gasoline prices.
    https://www.marketwatch.com/story/u...ord-and-sedans-are-partly-to-blame-2018-06-12

    Although US Shale is restarting more wells again with the high crude oil price, and Saudi Arabia is pumping more too. Ironically there was a US provision that all US oil stay in the US that was lifted last year or 2016 ? which has allowed US oil to capture market share ==>
    http://money.cnn.com/2016/01/29/investing/us-oil-exports-begin/index.html
     
  11. abuckmaster147

    abuckmaster147 Well-Known Member

    I will give you $5 and you can have 5% of it after you make it quadruple for me!!
     
  12. Clawcoins

    Clawcoins Well-Known Member

    Sure, just buy Silver. I've heard good things about Silver. :)
     
  13. abuckmaster147

    abuckmaster147 Well-Known Member

  14. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    You must be here, then.
     
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  15. Clawcoins

    Clawcoins Well-Known Member

    Just relax,
    and learn to be "ONE" with Silver
    Silver will always bring you sunshine in your life (although, you may have to dip and polish it from time to time).
    silveryoga.jpg
     
  16. Bman33

    Bman33 Well-Known Member

    Well it's on the move up. I thought when interest rates go up PM's go down. I could have it wrong though.
     
  17. Clawcoins

    Clawcoins Well-Known Member

    Actually there's more correlation to the US Dollar Index, than Inflation.
    Inflation is just one component that can affect PM prices ... and there's no specific formula for anything.

    from macrotrends.net
    US Dollar Index (orange) vs Gold (blue) - see a more distinct reverse correlation?
    upload_2018-6-13_17-7-34.png

    description from kitco.com
    upload_2018-6-13_17-9-25.png

    Read the above several times. The 2nd half is completely different from the first half.

    @abuckmaster147 @LA_Geezer
     

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    Last edited: Jun 13, 2018 at 5:48 PM
  18. Clawcoins

    Clawcoins Well-Known Member

    In the case for today. Gold moved based on the Fed raising interest rates, and stating that they are going to do 4 more rate hikes this year?

    Now, the market is going to have to ingest how that is actually going to affect everything .. the US Dollar Index, etc.
    And noticed how they initially responded in the aftermarket
    upload_2018-6-13_17-21-17.png

    This is a good article in respect to exact that for today ==> https://www.marketwatch.com/story/gold-treads-water-as-potential-fed-rate-hike-looms-2018-06-13

    Now, do ppl prefer Gold when their currency drops? It all depends. In greece for liquidity ppl tried to store all their money in Euros or US Dollars. Gold has a layer of poor liquidity in poor nations. Sure barter ... yup .. but gold is something that cannot be used in many buy/sell scenarios.

    I always say ... silver and gold are pretty to look at.

    @abuckmaster147 @LA_Geezer
     
  19. Clawcoins

    Clawcoins Well-Known Member

    or ... Just cut the $5 bill into 4 pieces :)
    and I won't even charge you.
     
  20. CoinBlazer

    CoinBlazer 0101000001001101001000000110110101100101

    Just today, I sold 2 maples and the dealer was a whole sale and only paid spot, anyways he always had a TV with the gold and silver prices and I was looking at it when he said, and the price right now is.... it dropped from 17.02 to 16.98 in that single sentence. My luck
     
  21. CoinCorgi

    CoinCorgi Derp, derp, derp!

    You're celebrating the extra 8 cents profit? :banghead:
     
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