Hi I watch the market every morning. I have kept records for years. This is the way it works it's very simple. The market is down precious metals go up. The market is up metals go down. They have never since 2011 been up both at the same time. The so called experts do not have an answer. I think I do and I'm far from an expert. I could crash penny stocks. Some how the metals are artificially being raised if gold continues to go up were headed for problem because they don't want us to buy it.. If they were down there would be a rush to buy gold and silver. I can't think of anything else. Both up. That's like having zero unemployment can't happen. There has to be a percentage of unemployed to keep people at work and the market stable. All the different services for those who can't find work or wont. I know this sounds confusing but my figures don't lie. Ten years market up gold and silver down. I believe it was 2012 when gold hit1800+ I knew it would not go higher so I cashed in my gold bullion. And bought a car. After that the market went up and gold hit the bricks months later. So something is going on. Any ideas. See there is a reason for bullion. It's your safety net. Below is the ten years of silver and gold.1 year ago
How Can The Market And Precious Metals Be up At The Same Time?
Well worn Copper
Bullion will always be the stock market's "panic button." At the end of the worst day it's tangible and can buy you groceries and gas. It's good for when the zombies come too.....1 year ago
I forgot the zombies. Good point. With this disease traveling where it wants to go large sporting events in Europe have been cancelled. Schools closed. What will happen with shows.? It's causing the market and metals to do what there not supposed to do. I see dealers traveling to shows collectors going to big shows and it will happen. You have dealers from states were this is located. Will people still go? I have a weak immune system and I'm old. What chance will I have? I plan on going to the P.A.N. Show in August. Illness or no illness I want to go. I'm watching to see what happens in Philly. If it hits Philly my dreams of going to my first show may be cancelled by my doctor. I have worked hard to get there the market is up and down. People are staying away from N.Y. Famous China Town. Broadway is taken a hit sporting events attendance is down. It has to stop. Yes we should go about our normal lives. Wash our hands and face constantly with the soap in a bottle. I carry one. Don't shake hands. We will be ok. Mike1 year ago
March 9th 2020 the market has fallen to the worst so far.The President is holding a press confrance. This is serious. What's worst the market is down and so are precious metals. Silver should be at 32. And Gold should be 1800+ so who's manipulating all this. The virus 19 isn't helping. I have asked a broker why He said Mike I don't know why. Metals should be up!! The experts don't know. Save your metals They will go up again. I sound like Barry Chappel he was a jerk that said silver would hit 100.00 an ounce. For that he lost his show!!1 year ago
Here is what I was told by someone that is into this stuff big, "Beats the hell out if me.". The big boys are selling their metals to pay for their stock contracts that tanked. My reply ????????🐍1 year ago
I don't know.about that. Many of the big boys have silver and gold in 401k and investments. There taking a double hit. The market and gold. They don't know why. My broker told me stay calm don't sell hold.on to your coins.1 year ago
Exactly. Remain calm. Don't panic. Turn off the dang TV and right a blog.1 year ago
I'm not watching t.v. I'm trying to fix my registry set. If they made it more complicated we could build rocket ships. Seriously if that's coming over here run!!!1 year ago
Luckily I am not invested in stocks or much bullion. I will just make sure my Browning and my Springfield Armory are ready to go when the mindless zombies start roaming the streets of Dormont. Seriously, I am concerned about the possibility the summer ANA will be cancelled, if the public is suddenly spooked about going to big public events and the dealers are also reluctant to travel, that would be the only thing to do. Keeping fingers Xed.
I keep forgetting about the zombies. I do not have much stock penny stocks. Not tons of bullion. It cases like this I pray. I hope that they get a handle on this.I know you want to go to the summer session just as bad I want to go to a show. I have waited this long I can wait for another one.1 year ago