Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.
Really Katy Perry ? You had to go there, what she die her hair silver ?
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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.
It's spelled dye, not die.
oh sorry, I had a @paddyman98 moment.
Hey Claw I caught a dollar tell me what to do with it, PLEASE !!! PLEASE!!!!
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 ?
Affirmation of my investment shifts to US Stocks
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 ??
Oh this is interesting. Small used car prices are climbing due to gasoline prices.
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 ==>
I will give you $5 and you can have 5% of it after you make it quadruple for me!!
Sure, just buy Silver. I've heard good things about Silver.
You must be here, then.
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).
Well it's on the move up. I thought when interest rates go up PM's go down. I could have it wrong though.
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.
US Dollar Index (orange) vs Gold (blue) - see a more distinct reverse correlation?
description from kitco.com
Read the above several times. The 2nd half is completely different from the first half.
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
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.
or ... Just cut the $5 bill into 4 pieces
and I won't even charge you.
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
You're celebrating the extra 8 cents profit?
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