I did. Picked up more gold and silver on Monday when Gold was $4650 and Silver was $79
And look. back up to $5000 and $90.
It is true that most gold and silver traded on these rigged exchanges are paper contracts, not the actual physical metal.
Trading paper promises is worthless since people can back out of those contracts.
For example someone can sell 1000 ounces of gold with a paper contract but only have 1/10th of the fiat cash dollars to pay for it. Then margin requirements can be raised and the contracts liquidated and the market becomes volatile.
What makes these prices volatile is jewish rigging and gaming.
When jews are not hyper-involved rigging the metals markets, the fluctuation in gold or silver can be quite boring spanning many years.
Of course gold is volatile if someone discovers a new gold mine with a million ounces. But that's the same with any genuinely scarce asset.
What's not scarce is fiat jew dollars. I know lots of retards who can go into a jew bank and walk out with half a million newly printed jew dollars in the form of a fiat jew loan of fiat jew dollars. Look up fractional reserve lending. Jew bankers can lend fiat dollars that they don't even have.
I don't physically stack platinum. Premiums are too much on both ends and there's not as much of a market for it.
Paper trading it might be profitable.
I think if war escalates with Iran you will see big gain in energy stocks, increased prices for oil.
I think gold/silver is kind of shaky right now and i am in holding pattern. Don't really want to buy more don't really want to sell either. Silver could crash to $54 if the stock market crashes. Gold could crash back down to $4400 level. Worried they are dead cat bouncing right now.
Looks like everything is going down. bitcoin, metals, AI, most stock market sectors. healthcare is up, insurance is up, some other weird categories.
It depends on your goals. Short term investing? That's a big risk. If you're going to buy and hold as a hedge (which I've been doing since $20 for silver and around $3k for gold), then yes. There is too much volatility right now and obvious market manipulation for someone like me to know either way if you're looking for short term returns. The fundamentals show that silver and gold should be worth way more, but market makers are able to keep fundamentals divorced from price action for a loooong time
Fair points… would you buy more of either metal at these current prices?
I did. Picked up more gold and silver on Monday when Gold was $4650 and Silver was $79
And look. back up to $5000 and $90.
It is true that most gold and silver traded on these rigged exchanges are paper contracts, not the actual physical metal.
Trading paper promises is worthless since people can back out of those contracts.
For example someone can sell 1000 ounces of gold with a paper contract but only have 1/10th of the fiat cash dollars to pay for it. Then margin requirements can be raised and the contracts liquidated and the market becomes volatile.
What makes these prices volatile is jewish rigging and gaming.
When jews are not hyper-involved rigging the metals markets, the fluctuation in gold or silver can be quite boring spanning many years.
Of course gold is volatile if someone discovers a new gold mine with a million ounces. But that's the same with any genuinely scarce asset.
What's not scarce is fiat jew dollars. I know lots of retards who can go into a jew bank and walk out with half a million newly printed jew dollars in the form of a fiat jew loan of fiat jew dollars. Look up fractional reserve lending. Jew bankers can lend fiat dollars that they don't even have.
Any thoughts on platinum?
I don't physically stack platinum. Premiums are too much on both ends and there's not as much of a market for it.
Paper trading it might be profitable.
I think if war escalates with Iran you will see big gain in energy stocks, increased prices for oil.
I think gold/silver is kind of shaky right now and i am in holding pattern. Don't really want to buy more don't really want to sell either. Silver could crash to $54 if the stock market crashes. Gold could crash back down to $4400 level. Worried they are dead cat bouncing right now.
Looks like everything is going down. bitcoin, metals, AI, most stock market sectors. healthcare is up, insurance is up, some other weird categories.
It depends on your goals. Short term investing? That's a big risk. If you're going to buy and hold as a hedge (which I've been doing since $20 for silver and around $3k for gold), then yes. There is too much volatility right now and obvious market manipulation for someone like me to know either way if you're looking for short term returns. The fundamentals show that silver and gold should be worth way more, but market makers are able to keep fundamentals divorced from price action for a loooong time