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Shall we bake the $20 cake for silver???????????

Discussion in 'Purchasing Precious Metals' started by southfork, Jun 15, 2014.



  1. louky

    louky Silver Member Silver Miner

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    Wait for the last day of summer to predict. BOJ and FOMC on the same day. You'll look like a genius.
     
  2. stAGgering

    stAGgering Silver Miner Seeker

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    Only seven days 'till quarterly contracts expire.
    Suspecting gains to continue and to override shorts mountain, apprehensive to be.
    PM's certainly are looking shiny, right before contract expiration... again.
     
    louky likes this.
  3. louky

    louky Silver Member Silver Miner

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    Hitting that imaginary line again

    [​IMG]
     
    Last edited: Sep 7, 2016
  4. louky

    louky Silver Member Silver Miner

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    History on our side now:

     
    Last edited: Sep 7, 2016
  5. southfork

    southfork Mother Lode Found Mother Lode

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    No cake for you. Next
     
    smooth, CrimsonGuardJay and louky like this.
  6. Fjpod

    Fjpod Silver Member Silver Miner

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    Does anybody want to predict where PMs go if the Fed raises interest rates?
     
  7. andial

    andial Sir Midas Member Site Supporter ++

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    Up, and I am serious.
     
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  8. Ebie

    Ebie Midas Member Midas Member

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    How do you figure that?
     
  9. SilverCity

    SilverCity Gold Member Gold Chaser

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    Last edited: Sep 10, 2016
  10. andial

    andial Sir Midas Member Site Supporter ++

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    Well just something to think about. When the fed started it's interest rate increases cycle in the early sixties up until 1980 they always made sure to keep real rates negative so they could pretend to be fighting inflation by raising rates but in fact were encouraging inflation by keeping real rates ( interest rates below inflation rate) negative. Of course then people were in full blown growth mode with all the freedoms today economies are regulated to death by government scum so not sure it can handle interest rate increases. Asia can handle interest rate increases for sure is a younger world but U.S. Europe, Japan is sketchy.
     
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  11. southfork

    southfork Mother Lode Found Mother Lode

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    No cake for you, I respectfully disagree sir, I don't see tptb letting them raise rates and collapsing the stock market on Queen Clinton, this would be indicative of a democratic failure they wont allow.. JMHO
     
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  12. andial

    andial Sir Midas Member Site Supporter ++

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    What if they raise 1/8th because of Cliton, Gold would love that plus stocks but gold more fed will have shown this will be a very weak rate hike cycle. Just talking my book.
     
  13. southfork

    southfork Mother Lode Found Mother Lode

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    1/8 would show the game is over, markets tank and metals run, jmho
     
  14. andial

    andial Sir Midas Member Site Supporter ++

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    And that is why i am betting on a 1/8 increase come later this month.
     
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  15. savvydon

    savvydon Gold Member Gold Chaser

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    Bold call... we c
     
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  16. Fjpod

    Fjpod Silver Member Silver Miner

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    I think pm prices will trend slightly lower with an interest rate increase. In theory, better investment vehicles will appear.

    FWIW, the owner of my LCS is saying that if Trump wins, PMs will skyrocket.

    Time will tell.
     
  17. platinumdude

    platinumdude Gold Chaser Platinum Bling

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    Too bad Hitlery will win.
     
  18. andial

    andial Sir Midas Member Site Supporter ++

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    Absolutely if Mr. Trump wins gold goes higher economic growth will be inflationary if Cliton wins think Japan with even less testosterone available.
     
  19. louky

    louky Silver Member Silver Miner

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    I don't believe they raise. Once that's decided:

    [​IMG]
     
    Last edited: Sep 12, 2016
  20. louky

    louky Silver Member Silver Miner

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    There's a possibility she's assassinated in either Jedi summer or fall 2018 if it makes you feel any better
     
  21. louky

    louky Silver Member Silver Miner

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    On the daily, there's still a shot they spike it down to that institutional demand zone at 17.15-17.80. Since they can't break the gold neckline at 1308, it wouldn't surprise me if there's one last attack on silver. See it and you load the freight liner because it will be short lived

    [​IMG]
     
  22. southfork

    southfork Mother Lode Found Mother Lode

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    That's whats been in my mind, one last slammmmmmmmm 17s low 18s

     
  23. louky

    louky Silver Member Silver Miner

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    Yup, it's right there as a possibility. Nice spike. I hope it happens Friday near close so you guys have all weekend to buy. That would be epic.
     
    Last edited: Sep 13, 2016
  24. louky

    louky Silver Member Silver Miner

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    Weekend only sale....50% premium increase!!!

    Lol. I can picture the sale banners and email solicitations now
     
  25. southfork

    southfork Mother Lode Found Mother Lode

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    And gold in the 1290s area , I hope ebay does a 10% deal soon
     
  26. stAGgering

    stAGgering Silver Miner Seeker

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    Clinton's and Trump's significance to silver & gold's monetary valuation is Zero (0).
    Please disdain from entangling such hearsay B.S. any longer.
    If boredom is overriding patience to such extent, try day trading.

    Here does come an opportunity for dip scoring as the typical futures maturation adjustment is upon Ag
    Does not seem to be reducing Perth Mint premium disease, certainly NOT.
    I am becoming suspicious to the regards of silver staying lower than the majority of professional proclamations.
    The uptrend in purchasing is only at the top end income bracket.
    More waiting for the little people, to dig out their heads.
    Let us see the 17's again, Holidaze gift season 2017 is within sight.
     
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  27. stAGgering

    stAGgering Silver Miner Seeker

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    Ohh, shiinnne onnn you crazzyyyy contracts.
    Get ready for The Dark Side of the Metal, tomorrow AM EST.
    "Mother should I trust the bank government, hee hee?"

    If such does not occurr, "Breakout" like the FooFighters.
     
    Last edited: Sep 21, 2016
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  28. southfork

    southfork Mother Lode Found Mother Lode

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    Silver up Gold down , looks like their wack failed where to now St Peter?
     
  29. louky

    louky Silver Member Silver Miner

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    [​IMG]
     
  30. southfork

    southfork Mother Lode Found Mother Lode

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    You saying we see 1269 gold now?
     
  31. louky

    louky Silver Member Silver Miner

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    rate increase...

    [​IMG]
     
  32. louky

    louky Silver Member Silver Miner

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    1260-80 is possible, but no:

    I was just showing what happened last rate increase
     
  33. louky

    louky Silver Member Silver Miner

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    Quad witching day tomorrow. They've been manipulating all week in preparation. If Darth Vader slams silver, then we get stuck here for another month in this area. If not, breakout soon. Is how I interpreted his riddle (the 30 days may have been a figment of my imagination).
     
    Last edited: Sep 15, 2016
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  34. Goldhedge

    Goldhedge Modal Operator/Moderator Site Mgr Site Supporter

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    If they raise rates the market takes a dive. Inflation rears it ugly head.

    The dollar will become worth less (worthless). In dollar terms gold will go up.

    That doesn't mean that gold is more expensive, it means that the dollar is worthless.
     
  35. louky

    louky Silver Member Silver Miner

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    [​IMG]
     
  36. louky

    louky Silver Member Silver Miner

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    Rate hike now, crashes the damn market and trump is president in a couple of months
     
  37. louky

    louky Silver Member Silver Miner

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    More likely, they don't raise. It fuels the implied gold move on the chart that's suppose to happen soon. They raise Dec, it creates the low in Jan/Feb. Then ultimately the hike, along with a 20% general market correction fuels the new high for gold next April/May/early June.

    That said, Gold's path is set in my mind until we deviate from the plan. It's just a matter of what events they have placed around the moves, ie Brexit, Rate hike, market correction, etc.

    Gold IS the calendar.
     
    Last edited: Sep 15, 2016
  38. louky

    louky Silver Member Silver Miner

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    True. I've already seen it. From trumps speech a few weeks back where he was scheduled to address immigration. Literally as soon as a word came out of his mouth, a bullish symbol formed on the chart

    [​IMG]

    [​IMG]
     
  39. louky

    louky Silver Member Silver Miner

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    Feels like silver is going to get bopped, then maybe at fomc start moving, only to hit it's head again on that imaginary line and get stuck for another month before the real move begins.

    [​IMG]
     
    Last edited: Sep 16, 2016
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  40. louky

    louky Silver Member Silver Miner

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    Not an all out slam, but damn good buying opp. Under $20 all weekend sale. How are those premiums looking?
     

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