I have been buying gold in the dips and holding. I feel that there are alot of variables in the mix right now.stimulus is basically just giving the economy a monster to wake up and wil only have limited effect. we still need to see the direct of this pandemic and the effectiveness of these vaccines against the rapidly emerging varients. we also need to see some clear action out of washington besides executive action and impeachment. will the democrats be able to govern without trump as a ralling point.Hope for the best and plan for the worst
Have looked at silvertowne, sd bullion, and jm bullion they are tapped out. silver has been hanging at 24-25 for a few months. so i dont really by into the denials that the redditors are putting out. especially after the gamestop run.the real question is why the investor activism now and the other would be what is the goal. we saw hackers doing trial runs on small companies as they perfected their craft now attacks on large companies are common place.i would watch and see the direction that this heads in and the targets that are chosen next. as with hacking this can start small but have very real world consequences on a grander scale
i dont understand the markets reaction to this vaccine. the is no long term data, no idea of the effects on pregnant women, etc. there are entirely too many unanswered questions for the markets to be this excited about it. i would hold both gold and silver because if this vaccine has any issues the market will tank immediatly and hard
one no one has any clue about the long term effects of this medication or how long the effects last. the markets right now are grasping at straws and there is no rational reason for what is foing on.
If the left is so concerned over violence in America maybe the dems in washington shouldnt have crawled around the floor in kinte cloth in solidarity for the riots. Maybe the mayor of chicago should consider dealing with the genocide in her city. Maybethe mayor of portland and the govenor of orgeon shouldnt have let the city burn for six months. The democrats have fully endorsed the anarchy that has reigned all year. toubget ***ed because folks show up with guns because it interferes with the rioting and looting that again was endorsed bybthe democratic leadership. this is why you have cnn reporting peaceful protests as rioters loot and burn. the left wants a fight the have pushed for it all year so yes i see no reason that they would stop for the election
you are assuming that the markets will contiue to be supported through welfare. the point of a free market and capitalism is for markets and business to sink or swim on their own. if the markets and business were forced to deal with the consequences of their actions gold and silver would be in a drasticlly differmt place. sooner or later this will happen.
folks are pulling out of gold based on hopes that things look up with the vaccine on the way. reality is quite different though you have fire rebuild costs, riot rebuild costs, looming evictions and forclosures, and not least of all two presidential candidates with no real plan out of this. ibget profit taking and maybe this should be the time to do it but i feel that the greater uncertainty lies ahead not behind.
Right now it seems to me that the market is simply reacting to what is infront of them right now. We have rbuilding costs for these fires and riots, we have a vaccine that may or may not be effective, we have looming evictions and foreclosures, and no clear policy coming from either presidential candidate. What is happening right now infeont of us is a very small part of the equation and yes i am sure there will be another round of corporate welfare but id doesnt change the fact that sooner or later we will have to own up to our fiscal train wreck and deal with it. This is why i feel we must hedge our bets with gold and silver. The light at the end of the tunnel is an on coming train.
You speak of a bidden win and his policies, but if he loses the left will melt down. We already have riots arson and looting, this will be nothing compared to what will happen with a Trump win. We the people are screwed either way. Long on gold silver and ammo.
Americans love to kick the can down the road, never looking to the future. The panic buying and finacial woes seen since March are proof of it. What is going to happen when we actually have to face the reality of finacial mess that this country is actually in. All things come to an end and the dollar will be no different. We cant expect the world to finance our fiscal ineptitude forever.
The fact that the fed has had to accept higher inflation is very telling. The printing over time that has been going on is starting to show in policy. I see gold correcting but it will take off again. Its simply another buying opportunity.
i have a concealed carry permit and carry a 357. I do this as a form of insurence, my plan c so to speak. I feel the same way about gold and silver. I dont buy it because I hope to use it, I buy because whern all else fails I know I have a plan c. There is far too much uncertenty to be able to make any firm predictions one way or the other. I have alway bought when the price drops so i view a falling price as an opportunity to strengthen my position. I dont sell my precious metals so the changes in the market dont affect my attitude toward it.
Until we get a handle on this pandemic and get passed the election, Indont think anyone can predict what will really happen with gold and silver. Every rime rhere is an issue in the economy the finacial sector turns to gold and silver only to dump it the moment there is any sense of security in the market. It happens all the time. The only thing that makes this interesting is the fact we have civil unrest, the pandemic, and an election all at the same time. Had we had only one or two of these events i dont think the prices for gold and silver would have risen to their current heights at all. Its mostly panic buying just like the gun and ammo markets.
The endless printing of money has driven out any value the dollar may have had. The path we are on regardless of what the market, fed, or anyone else says is unsutainable and any talk of stability is an illussion. Evenrually our debr will be called and the dollar destroyed. Gold and silver are more important than ever as we move foreward.
it depends on way you are buying it for. our rate of spending is unsustainable and there is no hope of ever getting americans to accept austarity measures. eventually this house of cards will tumble as all fiat currencies do.
the dollar is a zombie currency that only those highly leverage in it still believe in. fiat currencies have a life span and the dollar is at the end of its. stop looking at waus to print more worthless currency and look to the fitire
Harris isnt that hard to attack based on her complete lack of political experience and her record as an attorney. there are women of color out the vastly more qualified and deserving of this opportunity.
so your buying up bio tech with no idea what the long term ramifications of the vaccine will be because we have short cutted testing. what happens if in the long term adverse side effects occur. when do we start discussing ending these riots and rebuilding . i dont know what universe these writers are in
i dont doubt that some jobs are coming back but i also see that states are slowly closing and guess what that means.....job losses. there is nothing rosey about the current state of the economy or the state of this nation.
we are fast tracking a vacine with no idea as to its long term effects. we have had riots that the costs of recovery hasnt been discussed yet. unemployment is still high. on top of this the states are slowly backtracking their economies. lets just forget the trillions of debt we have added from the latest round of qe. this economy is being held together with baling wire and bubble gum.