cnick Posted August 5, 2020 Share Posted August 5, 2020 16 minutes ago, Locke said: Wouldn't it depend on the direction also? Large volumes both sell and buy side would churn rather than move in either direction. Yes, but for sake of a bit of hypothetical whatiffery fun......how many ounces would have to be bought to move the market $100 up? Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted August 5, 2020 Share Posted August 5, 2020 closing in on $2040, 2000 seems a long time ago already. Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted August 5, 2020 Share Posted August 5, 2020 2040 breached Quote Link to comment Share on other sites More sharing options...
warpig Posted August 5, 2020 Share Posted August 5, 2020 56 minutes ago, Pop321 said: Understood and thx. The level of expertise, debate and consideration of wider factors on this huge thread is much deeper than my knowledge re gold and I would bow to it Mine is just a surface 2D viewpoint and its definitely feeling jittery. I think we agree... there is a lot of fear out there... no one can quite believe what is happening and gold's safe haven play is unfolding. Quote Link to comment Share on other sites More sharing options...
Gigantic Purple Slug Posted August 5, 2020 Share Posted August 5, 2020 Doesn't feel like $2000 was a significant price point for the market, at least in the short term. Be interesting to see where this runs out of steam. Quote Link to comment Share on other sites More sharing options...
Fishfinger Posted August 5, 2020 Share Posted August 5, 2020 I can only presume there's a short squeeze going on with the bullion banks, I can't think of any other reason why it would shoot up this fast in such a quick time (not that I'm complaining ?). Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 5, 2020 Share Posted August 5, 2020 Lots of FOMO going on. Unsustainable. Sub 1800 coming. Quote Link to comment Share on other sites More sharing options...
Warlord Posted August 5, 2020 Share Posted August 5, 2020 1 minute ago, Killer Bunny said: Lots of FOMO going on. Unsustainable. Sub 1800 coming. LOL ok Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 5, 2020 Share Posted August 5, 2020 1 minute ago, Warlord said: LOL ok You’ll be embarrassed in 5,4,3... and EVERYONE will see. Quote Link to comment Share on other sites More sharing options...
Warlord Posted August 5, 2020 Share Posted August 5, 2020 Just now, Killer Bunny said: You’ll be embarrassed in 5,4,3... and EVERYONE will see. Go on then.. short it ... mug Quote Link to comment Share on other sites More sharing options...
longgone Posted August 5, 2020 Share Posted August 5, 2020 it`s bitcoin 2017 all over Quote Link to comment Share on other sites More sharing options...
Warlord Posted August 5, 2020 Share Posted August 5, 2020 Just now, longgone said: it`s bitcoin 2017 all over Except gold is actually a Tier 1 Asset Quote Link to comment Share on other sites More sharing options...
warpig Posted August 5, 2020 Share Posted August 5, 2020 (edited) 22 minutes ago, longgone said: it`s bitcoin 2017 all over You've mistaken shaving foam for cream. Edited August 5, 2020 by warpig Quote Link to comment Share on other sites More sharing options...
longgone Posted August 5, 2020 Share Posted August 5, 2020 2 minutes ago, warpig said: You've mistaken shaving foam for cream. Quote Link to comment Share on other sites More sharing options...
Huggy Posted August 5, 2020 Share Posted August 5, 2020 (edited) 28 minutes ago, longgone said: it`s bitcoin 2017 all over Let's hope any time between Jan-Oct 2017 ? ...and in fact (probably) most of November Edited August 5, 2020 by Huggy Quote Link to comment Share on other sites More sharing options...
warpig Posted August 5, 2020 Share Posted August 5, 2020 27 minutes ago, Warlord said: Go on then.. short it ... mug All markets correct and showing some humility means we all end up with less egg on our face. I'd like to think we've moved on from just being a goldbug thread... Quote Link to comment Share on other sites More sharing options...
longgone Posted August 5, 2020 Share Posted August 5, 2020 2 minutes ago, Huggy said: Let's hope any time between Jan-Oct 2017 ? ...and in fact (probably) most of November its time to turn the shiny stuff and worthless 1`s and 0`s in to hard fiat cashola soon Quote Link to comment Share on other sites More sharing options...
Locke Posted August 5, 2020 Share Posted August 5, 2020 43 minutes ago, Killer Bunny said: You’ll be embarrassed in 5,4,3... and EVERYONE will see. 43 minutes ago, Warlord said: Go on then.. short it ... mug Can't we at least keep it civil? No need for insults when we can just look at what happens in 3 months. Quote Link to comment Share on other sites More sharing options...
markyh Posted August 5, 2020 Share Posted August 5, 2020 47 minutes ago, Killer Bunny said: Lots of FOMO going on. Unsustainable. Sub 1800 coming. Never see sub $1800 again. No chance, Wait, this is the Gold thread right? My bad, was thinking of Bitcoin, yes yes you lot are due a huge 30% correct anytime soon. Just HODL. Quote Link to comment Share on other sites More sharing options...
Huggy Posted August 5, 2020 Share Posted August 5, 2020 (edited) 13 minutes ago, longgone said: its time to turn the shiny stuff and worthless 1`s and 0`s in to hard fiat cashola soon Maybe at some point, and defenitely when i can retire on the profits, but at the moment will continue to hodl the godl (and the silver, and the BTC, and everything else), and I just have a better feeling* about these than cash. I'm still keeping a hefty chunk of cash just in case, and that will see me through any long term unemployment if it happens. High inflation is not an impossible event so I have to have some kind of backup. * No logical explanation of this feeling, just a general all-permeating impending doom feeling, that sort of thing. Edited August 5, 2020 by Huggy Quote Link to comment Share on other sites More sharing options...
Jonesy74 Posted August 5, 2020 Share Posted August 5, 2020 17 minutes ago, longgone said: its time to turn the shiny stuff and worthless 1`s and 0`s in to hard fiat cashola soon Do you invest in anything other than pound sterling? You seem to be negative towards any asset that goes up against it Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 5, 2020 Share Posted August 5, 2020 (edited) 54 minutes ago, Warlord said: Go on then.. short it ... mug Short? Don’t be ridiculous. Sold half miners though, after 160% rally. Up or down - can’t lose. #investing Edited August 5, 2020 by Killer Bunny Quote Link to comment Share on other sites More sharing options...
Warlord Posted August 5, 2020 Share Posted August 5, 2020 Just now, Killer Bunny said: Short? Don’t be ridiculous. Sold half miners though, after 160% rally. Fair enough but according to some they have a way to go.. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 5, 2020 Share Posted August 5, 2020 12 minutes ago, Locke said: Can't we at least keep it civil? No need for insults when we can just look at what happens in 3 months. 2 months. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted August 5, 2020 Share Posted August 5, 2020 3 minutes ago, Warlord said: Fair enough but according to some they have a way to go.. Your God Schiff says $50 silver this time. #Charlatan Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.