Were you on the gold-eagle site before goldtentoasis existed?
Total Voters: 47
Loading ...“Powell’s belief that he still has a choice of being Volcker, instead of Arthur Burns, is the Fed Chair version of me thinking I can be LeBron James.”
– Luke Gromen, July 2022
So, it is nonsense, as some analysts insist, that “high” interest rates of 3% have caused gold to crash–they just won’t admit the rig.
Will this be a retrace or the biggest cup in handle you ever seen.
“I’m a glutton for punishment” LOL
I think we all must be! We’ve been getting beat up for quite some time. If we didn’t think there was a good sized gain down the road then we’d be insane.
IMO, gold is a broken market…So I am not putting up any serious coin–I’m looking at some el-cheapo options on SAND.
As an outright buy at 5.50, it is an excellent non-expiring call option on gold–it’s a real deal company with great management–should be a 20 buck stock at some point…look at the stats….I want nothing. to do with those penny explorer scams.
Without gold being up with it less there going to do it backwards like everything else. Just heard on Fox that SS, COLA could be 11 percent this year. I did a search and different numbers popped up from 8.6 to 11 percent with the 11 percent recommended due to prices. Real inflations probably double that or more with food and gas. Now they’re going to use up the oil reserves and put us in a world of hurt when that’s gone or maybe that’s their plan.
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For instance, as part of its plan to reduce CO2 by 40% from 1990 levels by 2030, the EU still plans to cap pollution under the Emissions Trading System (ETS) at about 12 billion tons from 2021 to 2030, tightening the total amount of emissions allowed each year.
Those limits had remained despite lobbying from coal-dependent members like Poland because there was just plain no room in Europe’s “Overton Window” to question the sacrosanct claim that failure to prevent global temperatures from rising by 1.5 C by 2050 would bring the ruination of Planet Earth.
That’s rank hogwash. The truth is, for upwards of 90% of the time during the last 600 million years of the Earth’s relentless “climate change”, the average temperature has been well above the current 15 C, sometimes by as much as 10 C higher.
And never did those higher temperatures lead to an inexorable doomsday cycle of heat retention that fried the planet.
https://www.zerohedge.com/markets/david-stockman-europes-economic-suicide
Wisconsin & Southern in the Rockies
https://railpictures.net/photo/796756/
https://railpictures.net/photo/796757/
It isn’t doing what it was meant to do. We hear a hedge against inflation on the currency, nope not in industrial states. We hear loss of confidence in the government, nope not in industrial states. We hear war , we’re constantly dragged in other people wars, nope.
It’s a pump and dump scheme. Oh lets look forward next bottom and make sure you get out before they dump it again.
As long as it’s not in the mainstream ie a basked of retirement funds or 401K it gets no attention including insider trading other than manipulation but it’s not reliable in paper shares. You have to watch the charts and put in your stops or you’ll be the next sucker getting ripped.
Remember 08 and when you said they’re selling small lots if your shares at a time “ I’m guessing you were getting a few that cost more than the transaction”. and you said Who buys 10 shares!!’ Of some below a dollar stock lol
People don’t say oh here’s my money do what you want with it, they will. Same as oh don’t sell it’s going to the moon. Then it turns into oh I think this is the bottom, lol Which is it? Bottom of the moon. You never hear that in any other sector that I know of.
No doubt after time when they get new suckers in it will have its ups again until they pull the rug but totally irresponsible for anyone to stay leave it there and forgetaboutit, or any stock for that matter, you have to watch it and get little input on how their going to make you money like other stocks. Kinda reminds me of the story of the carrot on the stick.
Let’s start with HUI. IMO HUI will bottom this year at 166.67 and few will still be in this sector….but when that bottom is reached it will EXPLODE to HUI 1,000. How do I know? 166.67 X 6 = 1000. My HUI chart has been revealing this outcome for many years, and IMO we are dealing with the devil….Satan… in these End Times or Last Days!!
How about silver??? IMO silver is just waiting for the rest to come together and it will be ~$18 at its bottom. Then use the same method. $18 X 6.667 = $120 per ounce!
Again what my charts have shown for years……
Gold though will be more controlled IMO but it will not go lower than $1673.30 and it will top at ~$3672…..but WTHDIK??
Oh, and here’s a very interesting USA Watchdog from Greg Hunter for today. If you only want the gold and silver info just watch the last 15 minutes….but you’ll miss lotsa good stuff about all the current topics and concerns if you do that. Greg is the best IMO!!!
All The Best from Silverngold!
Dem Gun Confiscation, NATO War, More Unexpected Deaths, Economy Tanking
Twitter trying to ban World Council for health or anyone who brings it up before Ivermectin Day. July 23
I was talking about the opposite, like a regular stock split like if the stock is expensive like $1000/sh a 20 for 1 split would make the $1000/sh stock a $50/share, from $1,000/sh more affordable looking attracts buyers for a new up trend. And you have 20 times more shares.
So the US Dollar is too cheap at $1 each, doesn’t buy much, so a $20 for $1 split would make the $1 worth $20. GPL is like .10 cents a share, has no respect its so cheap, they want a 1 for 10 to make the stock $1/sh from 10 cents. Has more respect.
In other words, the penny stock $1 bill would have $20 of purchasing power and get more respect.
Plus it would just be more practical for coinage to have 20 times more purchasing power. Plus again you won’t need 100, $100 bills, 100 pieces of paper to count out to buy a lousy $10,000 used Toyota. You would only 5 pieces of paper worth $2,000 each. Keep in mind like decades ago we had $500 and $1000 bills for big purchases.
everybody owns a house,but no body can afford to live in it! THEY PAID TOO MUCH,theres no benefit to living standards and now nobody can make the mortgage payments.The government will have to print the money to buy those mortgages or defaults will crush the economy ! Chinese inflation is like a Chinese fire drill ! In the end Russia will own everything in China ,but they cant take it home with them …they will beg China to pay the rent …pleaseplease..
OK, I’ll use bpgdm as an indicator. It ranges from 0 to 100. Simple enough? We are now @ 10…downside with risk to 0 which btw is extremely rare! So extreme risk down is 10 points …Normal upside is 70 to 80 or more basis points. Risk reward is 10 down versus 70/80 upside. Wake up Rich and smell the coffee.
China is the whore,Russia is the John ..its a match made in Heaven ..they deserve each other..they both get fucked !
What happens to a company that does a reverse split ?…that depends on if they have real earnings ,they be ok,,if not they go to zero ! What happens to a country that does a reverse split ?, that depends on if they have real earnings,they be ok,if not they go to zero. DO we export more than we import ? As bankers say watch the CASH FLOW ! Do you have pricing power ? if not you go to zero…Are your current assets GREATER than Current liabilities ,if not you go to zero..
Right direction yet again, but no help.
