Does anyone want to explain the run up in gold and silver?

Discussion in 'Commodity Futures' started by Ayn Rand, Feb 21, 2020.

  1. %%
    Jim Rogers said he likes US $$, but its a flawed currency. Larry Bates the former TN State Rep + gold + sliver dealer; said paper money is like buying a bag of coffee, giving the cashier the coffee + you taking the coffee label home LOl-LOL
     
    #21     Feb 23, 2020
    zdreg likes this.
  2. padutrader

    padutrader

    no my mistake
    if stocks go down, then gold will also follow stocks, meaning it will go up for a bit and then it will fall.
    this is the time when there will be panic because everything will follow stocks
     
    #22     Feb 23, 2020
  3. padutrader

    padutrader

    that is the golden truth.

    what ever you do, do not bet against the government

    Fed has to increase interest rates at some point but that may not bring about a crash.....such action may suggest to the markets that the economy is becoming better and send stocks higher.

    in the end markets do what they want to
     
    #23     Feb 23, 2020
  4. %%
    That;
    + gold + silver are in a long term uptrend. And as Bunker+ Bro Hunt said as he was buying silver ''any f**l can run a printing press'' LOL. And both have been money + exchanging a lot longer than US dollar...............................................................................................
     
    #24     Feb 24, 2020
  5. metals were due to run up regardless of any current events and have been in a bottoming process for 6 years before breaking out last summer. It's just trend continuation now... on the flipside who in their right minds would think that the equity markets weren't due for a correction likewise? All in due time....
     
    #25     Feb 27, 2020
    Ed48 likes this.