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<p>[QUOTE=&quot;Clawcoins, post: 3112595, member: 77814&quot;]is that a Gold</p><p><b><font size="7">DEATH CROSS</font></b>&nbsp; ??</p><p><br /></p><p>a technical pattern known as a death cross, where the 50-day moving average crosses (currently at $1,309.13 an ounce) falls beneath its 200-day moving average ($1,307.76)</p><p>[ATTACH=full]790117[/ATTACH]</p><p><br /></p><p>This can be a technical chart situation where short term downwards trends, can become a long term downwards trend in relations to a 50 day moving trend avg to a 200 day moving trend avg</p><p><br /></p><p>lately, PMs have lost their &quot;safe haven&quot; market.&nbsp; Crypto came into the fray last year even, ironically, we know if doom and gloom occur all the electronic systems would be down and yet preppers were buying into crypto ? .. that made no sense.&nbsp; Of course, how much of a safe haven is crypto with all the volatility .. guess it depends when you bought it and it&#039;s current price.&nbsp; PMs are at least fairly steady and you won&#039;t get thousands of dollars of potential losses in, well, 10 minutes at times lol.</p><p><br /></p><p>Anyways, gold/silver is getting bogged down by the US Dollar Index.</p><p>And Supply/Demand may be a factor here (read a previous post of mine) with China having scaled back demand.</p><p><br /></p><p>With Trade tensions also peeking monetary moves around (and seem to be skipping PMs) it should be an interesting 60 days coming to see where PMs are headed.</p><p><br /></p><p>[USER=27527]@abuckmaster147[/USER]&nbsp; [USER=89393]@LA_Geezer[/USER] </p><p><br /></p><p>might be a good time for stackers though to fill up their war chests.</p><p>I think I calculated one could put over 12,000 oz of PMs in their tubes in a Gardall B2018 safe.&nbsp; Oh my,&nbsp; I&#039;d rather just put $50 or $100 bills in that safe stacked from wall to wall and floor to ceiling.&nbsp; But with my budget, I guess I&#039;ll just collect pennies.[/QUOTE]</p><p><br /></p>

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