This is it...I see silver below $19 and gold below $1250 as I type...I will be taking my own life tonight because I am an embarrassment to everyone I know as I have lost them money along with most of my life savings...the vampires have won. Peace to all!
True deflation would be good for miners...asset deflation makes gold and silver more attractive imo
It's actually kind of goofy. Spending is up, the debt is up, the deficit is declining. So, what is gold and silver looking for??
The budget deficit IS going down (That isn't the National Debt, there is a difference)...Look at the US Debt clock
Are you suggesting that markets rise with specie? Clearly that hasn't been the trend for this year. I won't disagree with you about bottoms, but...these vampires are living in Fantasyland! Unfortunately, they are currently living with a lot of my money. I need the tide to turn in specie. Sentiment is no good for the dollar either. Until the tide turns, I will have to ignore the value dropping in my accounts. Too late to turn back!
Yeah, I always have to learn to follow indicators and sell early if I have to. I will be watching...I cannot always hit all my PPS points...I should be able to hit some sell targets though. CMON! They have made it tough to make a decent buck! I don't wanna sell for chump change, but...I have been waiting too long for a promised rally. History says June usually has the lows of the year for AU ??? (sigh)
I remember...of course we all wish we could have done something differently in the past. Stagflation is upon us and PM's are the real deal. This market has been phoney baloney pumped up. To make money, we should invest in banks and corporate America? Something wrong with that moral picture!