SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 389.75+0.5%Dec 1 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (139161)2/9/2018 3:33:36 PM
From: TobagoJack  Read Replies (1) of 218131
 
it may be that what had and may still be happening are tremors of pre-quakes

everything is a position

cash is a certain position, in that $1 today would be $1 tomorrow

gold @ sub-1000, however hard to imagine is still in the cards according to martin armstrong

the issue of course be "what would everything else be priced at should gold hit $900?"

gold behaved relatively well 2008-2009, but best had one skipped 2008 and just partook in 2009

- ended even in 2008
- peak (1K) to year-end (875)

silver less so, and more volatile, unless one skipped 2008 and enjoyed 2009

- ended down (a lot) in 2008
- peak (21) to year-end (11) ouch

of course, silver is industrial and gold is nothing

did well enough YTD, and have now collected the nausages and camping out at crawl space. time to watch and deliberate

should the present episode turn out to be a 'just' a flash crash, good thing
if something worse, short of reglaciation, maybe better and perhaps worse, depending

back to work in 3D space



Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext