Gold price going up sharply

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smokeythecat

smokeythecat

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I'm not buying or selling. Just sitting tight for now although I have almost no gold or silver. Sold most of it a year ago.
 

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smokeythecat

smokeythecat

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Boing! Boing! Boing! Up and down and up and down and...
 

BillA

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price movement, just what traders love
but one had better have cast iron testes for this trade
personally I would only play the long side

Smokey called a good turn, ARC think we have a good ride ahead
my 2 cents
 

Jason in Enid

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Price drops are meaningless when you cant actually buy. If the price of silver jumped to $30 today, youd sure as hell see all the suppliers suddenly overflowing with product to sell you.
 

ARC

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Price drops are meaningless when you cant actually buy. If the price of silver jumped to $30 today, youd sure as hell see all the suppliers suddenly overflowing with product to sell you.

? ? ? you can buy online all day long.

One site has this posted at top of pages...

"NOTE: Due to extreme order volumes, please expect shipping delays of 15+ business days. We also have a temporary $299 order min. LATEST UPDATE 3/22."
 

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xr7ator

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Folks. I'd hold out for a few weeks(?) and then jump into the market and pass on investing in metals.
 

ARC

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Folks. I'd hold out for a few weeks(?) and then jump into the market and pass on investing in metals.

Its always good to have a broad portfolio.

Never put all your chips on one number.
 

Jason in Enid

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? ? ? you can buy online all day long.

One site has this posted at top of pages...

"NOTE: Due to extreme order volumes, please expect shipping delays of 15+ business days. We also have a temporary $299 order min. LATEST UPDATE 3/22."

Doesnt matter when the only products being offered for sale are premium items at 5 - 10 times spots value. The bullion that they sell at spot+premium has been "out of stock" since the day the market dropped. You can sill order all the $60 artistic rounds you want since they are still making $40 an ounce profit
 

ARC

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Palladium Ask = $1,981.60+$243.84... JUST so far Today.

Now imagine if ya had bought 1000 oz of that stuff last week.
 

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Johnnybravo300

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Yep spot doesnt mean much when the local stackers arent selling.
The mints get sold out fairly quick and that's that.
Next thing you know you're paying 18x face for washington quarters.
Shows you how small the silver market really is.

The paper and physical markets are separating and it's natural. Spot price is set by paper products to begin with. The money metals always eventually do a counting for every dollar printed and they will in our system too.
When they do you will want to own them.
 

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Jason in Enid

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Palladium Ask = $1,981.60+$243.84... JUST so far Today.

Now imagine if ya had bought 1000 oz of that stuff last week.

:laughing7: :laughing9: You mean, imagine if you had $2,000,000 laying around to speculatively invest with? Why not just suppose if you had bought a million ounces.
 

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smokeythecat

smokeythecat

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$1634 at 5 pm eastern time
 

ARC

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Smokey... I don't know what site you are looking at but your way low.

Gold Ask - $1,669.97$105.51
 

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