Gold and Silver Crashes "FTI" Told us so!

[damnotagain]

$100 dollar donation made to the wounded warrior project by the loser in the name of the winner? Who can go wrong? Any takers?

[frankq]

I am not buying anything at these prices q, once again your inability to comprehend a simple statement results in a misunderstanding.

Now damn, I'm trying to be nice, but if you're going to constantly act like an asshole we're not going to be able to talk. My statement reflected more the FACT that you like gold at $1400+ by the end of the year, not necessarily that YOU actually bought gold at $1400. As I said, we'll see at the end of the year. Didn't mean to confuse you or misstate that we had actually confirmed an actual purchase. We all know how close to the vest you keep your trades.......We realize that you don't want to influence the markets... By the way.......gold down $23 bucks today.......

I find it funny you guys assume everybody buys high and sells low. Lmao

Not everyone....only some of you guys....

My call was before January 2014 gold will be 1400 or higher. Franks was 1100 or lower.

I think in the big picture, while the timeframe was not exact , FTI made a pretty good call. Way better than you "Gold and Silver going Higher  " guys.

[damnotagain]

If I remember it was 900 gold and 7 silver,  lol , far cry from that asshole.  

  Now now you'll have mmhmm in here deleting my post. 

Now he went up to 1100 that's some change. I was being generous .
Stop smoking weed your short term memory is shot. Put it that way

[frankq]

If I remember it was 900 gold and 7 silver, lol , far cry from that asshole.

Actually, I believe you are remembering incorrectly. The 900 and 7 numbers were generated by Decoy in more than one discussion with me as his "threshold" for determining a "plunge". I remember kman using the 900 number in posts as well, but I'm pretty sure FTI was using 1100 as the number. Doesn't really matter much in the long run though.

What's your issue with weed anyway?

[jarrett1]

Hey looky here gold selling off...again?...yes it looks like under $1100 by the years end...maybe lower

[jarrett1]

Weed? there is no issue with everyone smoking

[mmhmm]

Sept 10, 2013 18:11:11 GMT -5 damnotagain said:

If I remember it was 900 gold and 7 silver,  lol , far cry from that asshole.  

  Now now you'll have mmhmm in here deleting my post. 

Now he went up to 1100 that's some change. I was being generous .
Stop smoking weed your short term memory is shot. Put it that way

Why would I delete your post if someone else called you a nasty name, damnotagain?  Frankly, I've looked for the post in which that name-calling exists, and I can't find it in the last three pages.  Keep it civil, all of you, and no deletions will be required.

[frankq]

I find it interesting that those who praise the virtues of gold and silver do so while insisting that the stock market is rigged and is a "casino", yet they can ignore the fact that the metals can fall 6% (in the case of silver recently) or more in a day. I can't understand how one can assert that any investment that volatile is "bedrock". It is ludicrous to believe that gold or silver is accurately valued at any given time since a substantial portion of it's price movement has nothing to do with value.

[damnotagain]

Sept 12, 2013 14:40:59 GMT -5 mmhmm said:

Sept 10, 2013 18:11:11 GMT -5 damnotagain said:

If I remember it was 900 gold and 7 silver,  lol , far cry from that asshole.  

  Now now you'll have mmhmm in here deleting my post. 

Now he went up to 1100 that's some change. I was being generous .
Stop smoking weed your short term memory is shot. Put it that way

Why would I delete your post if someone else called you a nasty name, damnotagain?  Frankly, I've looked for the post in which that name-calling exists, and I can't find it in the last three pages.  Keep it civil, all of you, and no deletions will be required.

Look no further than reply # 126 first sentence.

[damnotagain]

Even with all the paper sell off in gold , Physical demand is at all time highs. If I were to put one ounce of gold and one ounce of silver in a field . Stack the 700 trillion dollars of paper derivatives on top wait 50 years . Nothing would be left of the paper.
Gold and silver will always keep value as a hard asset.

[jarrett1]

Excellent investment plan and comparative study of asset classes over time...NOT!!!

however upon further review....there are derivatives that are propping up the returns of major bond funds like Pimco and Blackrock with out sized returns...so the answer in this business is always "it depends"

[frankq]

Even with all the paper sell off in gold , Physical demand is at all time highs.

Hard to believe that demand is at "all time highs" when dealers advertise gold at 1% over cost and some actually give away silver with a qualifying metals purchase. All this when the miners are taking it in the shorts. Sorry, but the numbers don't bear out your statement. I agree that gold itself sitting in a field will still be gold down the road, but as a hard asset it is nothing until it is converted to currency. It will have some value, but no one knows what that value will be at any given time. I'll stay with equities.....

[damnotagain]

Enjoy your board Fedwatch 2.0 . 

[jarrett1]

                           -note-YOUZ GOTZ TO KNOW WHEN TO ROLL 'EM

                                   -note-KNOW WHEN TO SMOKE 'EM
            
                                    -note-KNOW WHEN TO TOKE 'EM

                                    -note-WHEN TO DASH THEM OUT

[Aman A.K.A. Ahamburger]

 You never count your roaches, when your passing it around... 

 There'll be time enough for counting, when the budz is done. 

[frankq]

Enjoy your board Fedwatch 2.0 .

Ok, Thanks........

[damnotagain]

Gold and silver up up and away! 

[damnotagain]

Up up and away as the fed continues to devalue the dollar, interesting times indeed.

[damnotagain]

Buy physical ! Hurry

[sunrnr]

Personally, I'm investing any expendable funds buying ammunition when it's available. Have you tried finding, let alone buying a brick of .22 shells? What used to cost $15.00 is now $400.00 in some places.

At least my investment is usable, if not for protection or taking animals for food, then as a barter item. 

Gold and silver? Possibly if you actually physically have the metal in your pudgy little hands. Then you'll need my guns and ammo to protect it, eh?

[damnotagain]

You guys must work for Goldman Sachs. Now if I remember correctly they bought up what Soros and Paulson sold . Now to think they are telling everyone to sell and its going to @ 1000 , I find that somewhat baffling. We're not these the same people that were selling MBS to investors while holding huge short positions ? 

Speaking of short and pudgy , You have any idea what women really look at when they size up a man? Are you speaking from experience?
When it comes to hands. I have always been told I have great hands !   As well as being a good shot. 

[sunrnr]

Speaking of short and pudgy , You have any idea what women really look at when they size up a man? Are you speaking from experience?
When it comes to hands. I have always been told I have great hands !

Get a grip! It was a metaphorical statement, not a personal one. Get over it ....

[damnotagain]

Yes and so was my statement , metaphorically speaking. 

You can sure dish it out just can't take it. 

[sunrnr]

Sept 19, 2013 7:19:23 GMT -5 damnotagain said:

Yes and so was my statement , metaphorically speaking. 

You can sure dish it out just can't take it. 

Wait, what?! Dish what out? Can't take what? What the hell you talking about now?

[frankq]

All nonsense aside, gold has basically recovered what it lost over the last week, and that after what could be the biggest news of the year regarding tapering. Not exactly a stellar move to the upside. On the other hand, the expected continuation of the Fed induced stock rally after yesterday's surprise announcement hasn't come either. It might be a good idea for everyone to take something off the table right now. I'm certainly considering it....

[damnotagain]

So much tapering should be a concern even to you guys. Certainly not a sign the economy is recovering as advertised . The pressure from the paper holders (eft) is the only thing keeping the price where it is. Manipulation u bet , just not for the right reasons . The banks are buying and yelling fire. 

[usaone]

As I said before I think the market goes nowhere for the next 3 years. No crash and no boom to the upside either. Holding pattern.

[usaone]

Once we get past the political crap over the debt ceiling, they will taper.

[frankq]

Glad I went to cash yesterday. I'm gonna sit this one out for a while.

[usaone]

Sept 20, 2013 11:44:49 GMT -5 frankq said:

Glad I went to cash yesterday. I'm gonna sit this one out for a while.

Wow Franky , your more of a short term bear than I am. All cash?