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Silverfinger

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About Silverfinger

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  • Location
    Fort Knox
  • About Me
    Bullion hoarding HPC zombie.

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  1. Huh - I just woke up. We now have $100/day moves. Truly a sign gold has awoken. Wake me up at $3,000! Now back to napping. GF P.S.: Silver...!!
  2. Relative to the DJIA, we could, as I pointed out in 2007, easily see 1:1 (as in 1980), so Gold $27,000 is in the cards, but only if the bond market does not try to squeeze in, as well. According to my charts back then, 1:0.5 would look more appropriate (given the fan shape), putting gold at $54,000/oz now. This is it. 100% guaranteed. And where is cgnao when you need him?? Just saying. GF out.
  3. Just wanted to say: Silver Bunny definitely chewed on the wrong herbs!
  4. That's his call he says resistance at 30 then a run to 50. Anyone who thinks silver won't go to $100+, I really want to know what they're smoking. Would we be surprised about $5000 gold, $200 silver? Heck, no! G0ldfinger
  5. I think the market is looking for much rounder numbers here: $5,000, $10,000, ... you get the picture.
  6. I told all of you 13 (or so) years ago that these days would come. So. Now that we took $2,000, here are the next stops: Gold awakens. -- > $5,000 Then the bond market starts "diversifying" into gold = putting Niagara Falls through your garden hose, thus leading to final stop: -->
  7. # of new cases going flat or down is good. Means measures work and have to stay in place, otherwise -> back to square one. G0ldfinger
  8. Ray Dalio on cash and gold: https://www.bloomberg.com/news/articles/2020-04-07/dalio-still-thinks-cash-is-trash-as-printing-presses-roll
  9. Ray Dalio: https://www.bloomberg.com/news/articles/2020-04-07/dalio-still-thinks-cash-is-trash-as-printing-presses-roll
  10. Me to. Reasonably good actor, but no real movie material.
  11. Germany: We went to a large supermarket this morning. Crowded, only 1 or 2 in a hundred wearing masks. Security staff let everyone in and could not care less about crowding around veggies and checkouts. This is in line with recent psychological studies by the University of Erfurt and the RKI that the acceptance of the measures is somewhat waning in the population and complacency is settling in. I predict: Rude awakening in two weeks time, then fall back to present lockdown if it had been eased or proper lockdown such as in Spain. The alternative is a disaster as in Spain, Italy, or even the UK. This MUST be avoided.
  12. It has to depend in personal circumstances anyway. The retail space is cleared out for now, but the fiscal & financial policies we are witnessing should lead to large institutional demand. I would expect a price mania much extremer than 2011. Maybe we have a year, or two? Not sure. We might see the first phase when the economic post-Corona reality in the US starts settling in. It might be sooner than everyone thinks.
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