Yup, gold, silver and oil were all down to zero on the debt clock. We have over 746 ounces of silver and are waiting for the day it is going to vault into the stratosphere. Fine by me.
One must keep in mind that the exchange of PMs for any form of "currency" is based on the imaginary value of that currency against the actual value of that commodity. It matters little whether that "currency" is paper or digital. Real value is only relative to how much the buyer and seller agree upon at the moment of exchange. These values change upon real world conditions largely based on the usefulness of that commodity for survival in an ever changing world. Air, water and food are the fundamentals that drive life... everything else is meaningless when ones life comes to its inevitable ending. Unless one believes that this existence comes down to a game where there is a winner and billions of losers.
If you monitor the 3 day live chart on kitko.com you will routinely see negative chart reversals 24 hr delta and movement that can only be described as "hey look at me, I can do anything I want with pm's and there's nothing you can do to stop me".
Buy while it's cheap
Paper silver and gold being manipulated,,, decoupling coming soon .
Yes, it is going to sink. Paper markets implosion.
Yup, gold, silver and oil were all down to zero on the debt clock. We have over 746 ounces of silver and are waiting for the day it is going to vault into the stratosphere. Fine by me.
Cooked is exactly right!!
TY. Was wondering as well.
That's why they wanted us to keep our eyes on the balloon. Watch this not that.
Swinging HUGE on Thursday and Friday - I’d love to know the answer to this question as well!!
One must keep in mind that the exchange of PMs for any form of "currency" is based on the imaginary value of that currency against the actual value of that commodity. It matters little whether that "currency" is paper or digital. Real value is only relative to how much the buyer and seller agree upon at the moment of exchange. These values change upon real world conditions largely based on the usefulness of that commodity for survival in an ever changing world. Air, water and food are the fundamentals that drive life... everything else is meaningless when ones life comes to its inevitable ending. Unless one believes that this existence comes down to a game where there is a winner and billions of losers.
I don't, some do.
If you monitor the 3 day live chart on kitko.com you will routinely see negative chart reversals 24 hr delta and movement that can only be described as "hey look at me, I can do anything I want with pm's and there's nothing you can do to stop me".
DXY shot up, shot metals down.
https://www.investing.com/commodities/real-time-futures
Look at the doller index,on the right,when it goes up metals go down.