Gold at $25000. Silver at $600.

I'll be paying off the mortgage at 600, and then some.
I'd settle for 200. I am very black pilled on silver tho, due to its industrial application. I can see the powers keeping it low, for that reason. I'd consider selling a chunk at 50 at this point.
 
A problem silver has had for a long time is that it is too cheap and therefore it takes up too much space. For a long time , silver cost 1/20 of gold. If that was restored it would today be $140 an ounce.

The quicker it gets more expensive the better and it needs to hit an all time high of about 55 dollars to break into the public discourse.

I will settle for 35 this week and that would see 40 by years end.

when it rockets could be anytime when the shorts are squeezed
 
35 on silver and 2800 on gold by this friday and never looking back now
 
2800 tomorrow and O reckon 3000 by Christmas is a given now. Big earnings on tech after the bell today and the employment report friday is setting up us for blast off next week
 
IMG_1405.png
 
I'm not expecting to see $35+ dollar silver this year. It will dance around the edge perhaps for a while.
 
Well today will not be the day anyway or so it seems. Bonds down and interest rates up has crushed metals down. Apple and amazon report after the bell and employment tomorrow might change things
 
Good . Your input is what is needed as gold goes from 254 dollars to 2540 dollars.
 
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There s a lot happening but the biggest news imo is the fact that the debt has gone exponential. It passes 36 trillion next week, but unfortunately not on Monday most likely.

What we are seeing now is the interest rates going up so ignore the talk of the Fed lowering rates. It is just investors selling their bonds at worst and not buying the larger supply at best.

We have seen a trillion added now in just 3 months. No doubt another will be added by inauguration day if not by year end because most taxes are paid in during March for corporate and April for personal.

The unknown of course is the interest rate as every 1% is an extra 400 billion and we are at about 5% or two trillion dollars annually even now.

so it is game on.
 
In my lifetime I have gotten maybe 10 people to buy silver but only one to buy gold. 29 coins at a cost of about $8000 and it is now about $84000.

His problem is he only bought 29.
 
Precious metals hate Trump. They were sideways for 4 years under him. looks like it will be a few years more before that breakout we keep hearing about happens.
 
PlunkettsGhost said:
Precious metals hate Trump. They were sideways for 4 years under him. looks like it will be a few years more before that breakout we keep hearing about happens.
Click to expand...
The underlying problems of the US economy haven't diminished.
The national debt is 36 trillion and climbing.
From January onwards let's see.
 
What crushed the metal yesterday was the huge rise in interest rates which meant a huge rise in the dollar, likely the best day in decades, thanks to Trump
 
The Trump win really has smashed gold and silver down and has seen stocks soar and bitcoin going now to $85000 dollars. I am tempted to pick up a few shares of AEM here
 
Economic realties have no impact on heavily suppressed commodities it seems. If Silver ever hits 40, I'm out for good. Might be a few years waiting on that eventuality
 
PlunkettsGhost said:
Economic realties have no impact on heavily suppressed commodities it seems. If Silver ever hits 40, I'm out for good. Might be a few years waiting on that eventuality
Click to expand...
Remember that I mentioned the evonomic reality ?
Precious metals might have a bit more to go.
Plus the Chinese and Indians are buying silver st a premium to the western prices.

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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My Christmas gift to myself was a chunk of these at 5.36.

Wish me luck.

Ho Ho Ho
 
And more at 5.27

the fed announcement in about an hour or less will move the market
 
Three chuncks, and maybe the 4th tomorrow.

Dont worry, I am not short of money
 
The reason that stocks crashed and bonds, is simple. The Fed is fucked.
When it lowered the rate, the interest rates instead rocketed.
There will likely be more selling of bonds tomorrow and going forward
 
IMG_1814.png

I hope to make a lot of money on this stock. I deserve it
 
I expect a serious pullback in metals here because things are just turning to shit big time.

there looks to be a scramble for more scarse dollars by the hour and a big bankruptcy is highly lightly
 
Declan said:
I expect a serious pullback in metals here because things are just turning to shit big time.

there looks to be a scramble for more scarse dollars by the hour and a big bankruptcy is highly lightly
Click to expand...
Unless you have no choice.
Surely now is the time to hold precious metals?
 
And now gold looks to be about to go to a new high. If so, the dollar must crack, we shall see.

if the dollats falks, then it is 3000 in a heartbeat
 
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