Gold Market Updates
Well to be fair, that is pretty much the me for all the anti-Federal Reserve Note markets.
Gold just can't catch a break, dropping another $33 dollars per ounce.
Silver, yep, another day and another round of . . . puke.
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The mining shares CLOSED below my last BEAR target of 245.21. Another two closes below this level and all my prior "targets" will be nullified as a new series of targets have begun.
SEE PRIOR POST FROM TWO MONTHS AGO: Gold and Silver and HUI Index
But look at the bright an shiny side of things, silver and gold coinage are much cheaper today than two months ago.
And as we all know the crypto markets have been puking like a Pledge at his first Frat party.
The winner of the @handofzara Briar Patch Award thus far goes to:
Okay, so its supposed to be around $1 but hey its comparative strength to Bitcoin and Ethereum is looking great.
Peace out and stack on!
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I'm following good bars price and that is not dropping... Where is the difference? Would like to learn about it...
100-ounce bars are still 2400 crappy fiat dollars, I'm keeping an eye on it in case we get a bigger dip.
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Happy hunting and maybe you will get lucky. The premiums on physical remain rather high given the recent sell off.
Perhaps gold was affected with the price in the Crypto Market also
I think everyone got real scared and sold everything to buy US dollars and US Bonds. And as a proud American I can only say that is a damn foolish move. The whole country is falling apart at the seams.
I guess now is the time to buy! I saw a dime sized gold coin in a coin and collectibles shop. I think I'm going back for it soon.
Markets down. Time to buy. Give it a few years and look back at this opportunity... may be some great opportunities in crypto now too.
Its a great time for buy :)
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Lemonade anyone? 🍋
Classic! :)
If BTC rises then stocks go down. And vice-versa but this time both are down. Where's the money is everyones selling !
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It's all the same gold in the end, just infinitely recycled, right?😁
My coin dealer once said to me "It all comes back here at some time or another."
There's more gold that I DON'T own than I own, so this helps more than hurts! Now if you are Russia...