so much for the dip

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S

SilverStacker

Big Eyed Bug
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Oh those PM's, they never fail to surprise. I went to bed with gold and silver plunging still and woke up to see Asia getting all nervous again. Silver up a buck to darn near $49 and gold at $4,015, up from $3,966. I continue to see this day after day, the Asian markets driving up prices. Its a pattern isn't it ?
 
Looking good the last couple days. Still below the 20 DMA though. Until it breaks above that we are probably just trading sideways within this range. We could break out today or in 5 years. No way of knowing really.
 
Sadly my buying power has dwindled and I'm not overly excited or able to keep adding significantly. But pretty content with what I have now.
 
Voodoo said:
Sadly my buying power has dwindled and I'm not overly excited or able to keep adding significantly. But pretty content with what I have now.
Click to expand...
My feeling as well.

I'm not a significant or regular buyer, now. But I have what I have, and I'm as ready for the ride as I'll ever be.

Moar ready than I deserved to be, frankly. Serendipity. I thought I was overpaying at $700/oz.
 
To the dip...there won't be one. Price smackdowns aren't working anymore. This should be obvious to anyone but a koledge-ejukayted midwit Elite. They've been openly agitating for war with Russia for eight years and more, now...war doesn't do good for fiat or government currencies or free trade. Gold is not only stable; it is the only escape of Capital Controls.

People are buying it...maybe not Americans so much, but second- and third-world subjects, as much as they can. Yeah, central-banksters, too; but they care nothing for the price. They just see that the American Empire is done for and King Dollar is about to be messily removed.

So they smack prices down, and a REAL buyer steps in to buy the momentary bargain. Wasted money (destructive trade of derivatives) and effort.
 
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