1. First market day of the week as we head to US transition.
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  2. Good Tues Morning! Gold and Silver flying to the up. Gold +20 bucks to 1216. Silver is +30 to 1707. Crude is also moving to the up 72 to 5309. The USD is down 36 to 100.82.
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  3. Week of 1/7/2017 Closing prices & Chg Over Last Wk---- Gold $1173.40-- UP 21.70 Silver $16.52-- UP 54 Oil $53.99 -- UP 27 TICS USD $102.21 -- DOWN 7 Based on near term futures contract--- At JMB Current price AGE 2017 $1243.95 (1), SAE $19.53 (20)
  4. Added Heartland Precious Metals out of OK and LA to the map, Added Texas Precious Metals, and Added Provident Metals.

Are we looking at a 50% market correction?

Discussion in 'Historic Market Crashes' started by Flight2gold, Nov 14, 2016.



  1. Flight2gold

    Flight2gold Silver Member Silver Miner Site Supporter ++

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    [​IMG]
     
  2. Ebie

    Ebie Midas Member Midas Member

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    In my opinion-no
     
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  3. Usury

    Usury Gold Member Gold Chaser

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    I've been thinking as much for a while now and I keep being wrong. So either inflation is kicking in and propping up the prices or it's about to get medieval.
     
  4. Flight2gold

    Flight2gold Silver Member Silver Miner Site Supporter ++

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    One that's not circled in red. Beginning of Reagan's term, end of Carter.
    Looks to be 40% -45% correction from 1977.
     
  5. SilverCity

    SilverCity Gold Member Gold Chaser

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    Gimme 14...

    SC
     
  6. Fjpod

    Fjpod Silver Member Silver Miner

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    At these levels, I wouldn't doubt a 20% correction....but only a correction. It will come back.
     
  7. gringott

    gringott Midas Member Midas Member Site Supporter

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    You can't get there from here.
    I would not be surprised at all.
    Some of these so-called tech companies are so overvalued it is criminal.
     
  8. Cigarlover

    Cigarlover Gold Member Gold Chaser

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    Before 401k's became fashionable, the stock market was on its own. Now it has billions going into it monthly. Hard to crash it when so much money flows into it.
     
  9. Ebie

    Ebie Midas Member Midas Member

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    No
    This is to prevent a black swan event due to the election.
    So they flood the market with paper'digital gold.
    So they drop it enough and long enough for some people to doubt their calculations.
    More time for the rest of us.
     
  10. southfork

    southfork Mother Lode Found Mother Lode

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    Dems are adopting a scorched earth policy, the markets will be tanked to blame trump,
     

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