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Buying physical gold/silver

894,017 Views | 4487 Replies | Last: 1 day ago by TTUArmy
AgEng06
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AG
Fair enough.
histag10
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AG
Well this got weird...
TTUArmy
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Saw your Friday post for silver on Stock Market thread.

Silver to take a breather by Wednesday.

Do we get a significant pullback in gold as well?
TTUArmy
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Silver spot up a little over 10% in a week...

That's kinda spicy.
Heineken-Ashi
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TTUArmy said:

Saw your Friday post for silver on Stock Market thread.

Silver to take a breather by Wednesday.

Do we get a significant pullback in gold as well?


Still not convinced of a bottom. We never got the capitulation flush. It's trying its hardest though. If next pullback is overlapping looking, could be worth a buy.
TTUArmy
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I'm ready for this ridiculous AI bubble to pop. The stock market is so wild and irrational it has become borderline insane. The longer it goes on, the worse the correction or possible crash is going to be. The AI pop should make gold and silver fairly cheap again...at least for a little bit. I've got some dry powder just ready to go.

Who's going to put a pin in this bubble?
- Private equity
- BoJ (Yen)
- Bonds (Sovereign debt crisis)
- Oil (Iran conflict)

Who's going to get wrecked when this bubble pops?
- That guy
- Everyone
- Everyone but Wall Street
- Republicans in mid-terms
- Not me...I saw this coming miles away
Ugly
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AG
TTUArmy said:

Who's going to get wrecked when this bubble pops?
- That guy
- Everyone
- Everyone but Wall Street
- Republicans in mid-terms
- Not me...I saw this coming miles away

Everyone but that one guy that I used to work with that retired from a lucrative remote engineering job a decade ago and learned blacksmithing to join a prepper community in rural Illinois.
TTUArmy
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Measured in Gold, The Story of American Wages is an Ugly One

Quote:

The bottom line is that, in terms of gold, wages have fallen by about 87 percent. To get a stronger sense of what that means, consider that back in 1965, the minimum wage was 71 ounces of gold per year. In 2011, the senior engineer earned the equivalent of 63 ounces in gold. So, measured in gold, we see that senior engineers now earn less than what unskilled laborers earned back in 1965.

That's right: today's highly skilled professional is making less in real, comparative terms than yesterday's unskilled worker.

I guess we're splitting labor costs with modern efficiencies...

Just found it interesting.
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