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Thread: Wow

  1. #61

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    Not another "wow", that's getting boring. So, it's going to just keep swinging? If so, maybe just keep trading some paper stuff - buy at ~$1790, then sell at ~$1820? Repeat, 2% gains adding up can work well over time.
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  2. #62

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    Meanwhile...
    Bitcoin is down about 1/3 from it's most recent high. ...And the Fed is making noise about a taper.

    Will the markets & crypto crash, sending everything else up? Will gold's intrinsic value be recognized when the hollow assets fail?

  3. #63

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    Quote Originally Posted by SilverPalm View Post
    Meanwhile...
    Bitcoin is down about 1/3 from it's most recent high. ...And the Fed is making noise about a taper.

    Will the markets & crypto crash, sending everything else up? Will gold's intrinsic value be recognized when the hollow assets fail?
    maybe 1 day, but likely not in 2022 yet

  4. #64

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    I would say this is another "wow" day with prices still going up at over $1840 (from a low of under $1810 yesterday). Just that, when it happens this often, +$30 not so wow.

    Maybe we need +$50 for a wow, what would others define as a "wow" in these digital gold days?
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  5. #65

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    Quote Originally Posted by motocat View Post
    I would say this is another "wow" day with prices still going up at over $1840 (from a low of under $1810 yesterday). Just that, when it happens this often, +$30 not so wow.

    Maybe we need +$50 for a wow, what would others define as a "wow" in these digital gold days?
    If POG breaks $1900 then it could be off to the races. Perhaps until then we could be in for just one more roller coaster ride?
    American Legion Preamble: https://www.legion.org/preamble

  6. #66

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    whipsaw....day the last few days....

  7. #67

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    Going ^^^



    Or Not!
    Well>>> Maybe>>>IDK
    Last edited by vertical1; 02-14-2022 at 02:24 PM.
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”

  8. #68

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    Quote Originally Posted by vertical1 View Post
    Going ^^^



    Or Not!
    Well>>> Maybe>>>IDK
    if putin pull out, price of oil and gold would take a drive

  9. #69

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    if putin pull out, price of oil and gold would take a drive


    A "wow" dive down to sub 1800 would be nice, sold some paper today so have different kinds of gold traps and shots in store for another bear.
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  10. #70

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    Quote Originally Posted by motocat View Post
    if putin pull out, price of oil and gold would take a drive


    A "wow" dive down to sub 1800 would be nice, sold some paper today so have different kinds of gold traps and shots in store for another bear.
    well, i'm hoping for the same too

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