Good Time to buy pm?
Ten days ago was.
Good Time to buy pm?
No reason to cut rates or start any QE.
Evidence of that?
Too late?
No , especially not for silver.
Do you invest with europac by any chance?
Nah , I recently retired and am totally out of the paper markets , everything I hold is physical.
Cool.
How high do you think gold and silver can go? Conservatively?
A month ago I was expecting , this summer , to see 1390 gold and silver near 20 . I would expect , now to see silver go higher. I am only guessing. Currently Gold is nearly 1340 , silver , nearly 19 1/3 .
Any chance gold can see a decent dip you think?
Any chance gold can see a decent dip you think?
Any chance gold can see a decent dip you think?
Gold is great but silver is the one to watch. Has anyone seen silver rise $1.15+ in a single day as it did yesterday? I can't recall it. That's a huge move for silver. Looks like the rough 16-1 silver-gold ratio is coming back in bits and pieces. Still a long way to go but that's the direction imo. The next 6 months is gonna be an amazing time to watch metals. It'll also be a really crappy time when it's realized that metals are constant value, only the currencies are being revalued.
I think that ship has sailed. Buy what you can while it's still available. Silver is the better value though as far as sheer potential dollar-denominated gains are concerned. Silver mining is also more of a byproduct of industrial mining operations than gold so silver availability tends to follow industrial output. Less industry = less silver.