You may need to buy more on the dips, it helps to cost average. Unfortunately there may be more downside coming soon. Larry Edelson with Money & Markets wrote a piece this morning saying the deflation seen in the euro may be coming to america soon and he is calling for gold to trade below $1000 by next spring....he has been correct with forecasting prices for the last 2-3 years.
Took some profits and sold a good chunk at 5.29. I may regret selling but i do see some weakness ahead and wanted to take some off the table for now.
Interesting interview on King World News with Sprott regarding last weeks takedown of silver prices. Sounds like something big is in the wind. Buy while you can folks.
Hope you covered your shorts while we were loading the truck. If not you may dirty them soon. Laughing at the desperation in your posts otto clown.
Well said, but if prices do make another push lower odds are i will liquidate my position as i did a year or 2 ago and buy back at the lower price. Long term prices have to move higher, but when.....that is the million dollar question isn't it?
Order finally filed at 4.90 in the afternoon, i had a small order at the open but schwab was unable to properly explain why it did not fill. It would appear HFT and BIG money players are in control. A good bet to watch closely and never forget who is running (or ruining) this market.
Tried to buy at the open for 4.90 but schwab did not fill anything? Now it as at 5.04, I feel cheated. Was anyone able to grab any shares this morning?
I posted my main position at 4.10 also, way ahead of the game at this point and doubled up today. We may have some continued weakness for awhile, but prepared to add more when it goes on sale next.
Worthless? Gold is trading for over $1200 an ounce, worthless would mean $0 and no value. Get over your your emotions and write something of actual value, are you a small child, you write like a 10 year old?
I have traded it for several years in both taxable and non taxable brokerage accounts. I cannot recall if i got a K1 or not. This poster is either a basher/trasher trying to discourage investors or maybe he buys a million shares at a time but i have never been dinged before. I can tell you millions in shares trade daily, they are not low volume etf's
It could blow up next month or by 2020, there is no one that can tell you when. We live in an upside down world where bad news is good news. Reality has to set in someday, til then you can play the paper market and make money just trade ZSL or AGQ, i do. The metals market is too range bound right now but use these to play their game, use stops when one sales buy the other etc. It can be an easy game to play. These short sellers make me laugh, it is obvious to find them on these boards trashing real investors. With the markets setting new highs every day they are hard pressed to find weak markets to take advantage of like the mining industry. Expect more to come, short term but their days are numbered...
The powers that be want to suppress prices for sure, problem as i see it is with silver at $20 knowone can produce it at a profit. Supply will continue to dry up as miners are forced to make cutbacks until the big industrial users of silver increase stockpiles to the point the physical market has nothing to sale. That will be the tipping point. Imagine a world where the is no substantial supply of silver to be found.....you really think the paper markets will remain solvent?
Is anyone really surprised with the new silver fix? It works EXACTLY like the old one and is set by a group of BANKERS....hummm. How long will it take to expose this sham? I have a feeling something big is about to happen, good or bad for markets.......i dunno, but it is just a feeling and it has potential. Pucker up folks.