Varmint
NES Member
Miners are up too, close to breaking out . . . again.
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Gold and silver prices are down
- Thread starter Rider
- Start date
Varmint
NES Member
What copper price is that? It’s currently $5.20/lb.
We were so close to backwardation in the contract, but now we’re strongly back in contango.
steven grammont
NES Member
Those numbers are all from the Kitco app on my phone
Varmint
NES Member
I know, I can’t figure out where Kitco gets that copper price. It’s not futures or spot.
Varmint
NES Member
Silver is over $35. Shorts must be getting nervous. 
Rockrivr1
NES Member
Silver is over $35. Shorts must be getting nervous.
This is probably one of those skinflint moves, but since I purchased some silver from SD Bullion, I've received somewhere in the area of 20-25 advertisements for silver from all kinds of companies. They all offer money off for your first order and spot pricing, so I've been going through them one by one and ordering bars or coins they are offering at a discount. Most are first time buyers price of $29-$32 with free shipping. Might as well scoff up as many of these as I can while I can.
not new guy
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I don't know who TF I bought gold off of on ebay but it's been a steady stream of a**h***s calling me trying to pitch me more gold stuff for years now.
Varmint
NES Member
I think we ran out of resistance levels up here.
Gold futures $3115. Fed is absolutely stuck.
Varmint
NES Member
I think Marketwatch just switched from April to June futures, cause the price jumped $20 to $3110.
Fed has to cut and will ignore inflation, but they need a good excuse to hide behind, like a recession.
yogi
NES Member
richc
NES Member
Trafficdiver
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Sure they can make things significantly worse.
They are stuck between raising/lowering rates and QE/QT. That’s the only two tools they have. Don’t fall for the different names they give each program.
Trafficdiver
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QE/QT are just fancy ways to describe monetizing the debt.
Which is a fancy way of saying printing money.
Win
NES Member
I’m planning to go to the Devens coin show this weekend. I think silver is the smart purchase. Maybe gold second. I’ll probably spend all my money on numismatic coins ![[laugh]](/xen/styles/default/xenforo/smilies.vb/012.gif "Laugh [laugh]")
But srsly I am going to try to force myself to buy some bullion silver.
But srsly I am going to try to force myself to buy some bullion silver.So what'd you buy?? My head almost exploded walking around in there, its just so overwhelming, so much stuff I WANT IT ALL arrrrrrrgggggggggghhhhhhI’m planning to go to the Devens coin show this weekend. I think silver is the smart purchase. Maybe gold second. I’ll probably spend all my money on numismatic coins
Going to be a hell of a day on Wall Street.
Win
NES Member
I have that same experience as well. I bought some vintage silver and two small numismaticish coins.
Varmint
NES Member
Up another $20 while you’re sleeping.
steven grammont
NES Member
That JM bar is sweet!!!
Gold at $1,134.
richc
NES Member
steven grammont
NES Member
I got another package in the mail today , and a photo bomb from my carry piece.
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Oh man two of my favorite places to store wealth - firearms and PMs... Is that a MK IV Officer's (or is it "Commanders"?)?
What happened to "Buy silver day"?? That was TODAY?!?! Anything? Nothing?? Silver barely moved at all today while gold continued rocketing up
What happened to "Buy silver day"?? That was TODAY?!?! Anything? Nothing?? Silver barely moved at all today while gold continued rocketing up
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