Posts by Melissa Sanchez17

rapidranger54 said:Reading the comments, I notice most of you are professionals or seasoned experts in identifying opportunities and trends... which is certainly not my case.
When I weigh everything up, the consensus seems to be that the price of
gold will continue to rise for a few more years. If, for instance, I had a few tens of thousands of dollars in savings, would it be a mistake to put half of that into gold for a period of two years?

First things first: invest some actual time into educating yourself. It’s pretty reckless to think about dropping $10k-$20k on something just because a bunch of people on an internet forum told you to, right?
Look, I'm not saying investing in gold and Silver is a bad play for the future—I've been tracking these metals since my college days back in the mid-2000s—but I'm telling you, go study the fundamentals first. This forum is loaded with data, articles, and endless posts backing gold and Silver, but you need to do some homework. Try to hunt down some actual analyses that argue *against* them before you make up your mind. I'm being dead serious here. For someone in our situation, we're talking about a massive amount of cash.

Sure, gold could skyrocket over the next two years, but it might just tank too. It all hinges on a million different variables and "what-if" scenarios that may or may not actually happen. That's exactly why you need to put in the work to understand how this stuff works.
If you're just looking for a rush, stick to a casino or a roulette table.
P.S. Just remember, gold and Silver can drop 20% in a matter of days.

analogharbor44 said:How much of a drop are we looking at today? Maybe 20-30 bucks?

Morning!
Gold is heading straight for—and right through—$3500. Honestly, that’s the only thing that matters here. Everything else is just extra noise and useless drama meant to distract you. Jim 🙂 ☕

Some Friday laughs for you:
http://www.zerohedge.com/news/friday...arbeque-relish

Looks like those trading algorithms finally overheated and burned out.

But nope, still no sign of any more Quantitative Easing. He keeps calling it an option, but if you ask me, there’s zero chance of anything happening before the election. If they actually pull the trigger before then, it just means we’re in deep trouble—total chaos. Plus, his rhetoric feels... off. It’s like the whole vibe of this situation has shifted completely compared to where we were just a month ago, right?

keep an eye on this mess with the IMF

The gold buyout shop network is expanding all over San Francisco

Neighborhood news

http://www.zerohedge.com/news/math-b...h-gold-outlets

Greece and Portugal are starting to shut those places down—mostly because everyone already liquidated their family heirlooms and moved on.

Dropping some silver intel here 🙂

Quick breakdown of what's moving in the markets

http://www.youtube.com/watch?v=ulVsS...ayer_embedded#!

Anthony Evans78 said:Is gold just a metal? 🙂
And what about money over the last few millennia? 🙂
Irony aside, we’re nowhere near the kind of mania we saw with gold and silver—especially silver.
It has nothing to do with real estate, either. Real estate was just your classic bubble where people thought they were geniuses buying homes way beyond their means, only to get crushed by interest rates (looking at you, Swiss Franc loans). Not to mention everyone assumed property values would just climb toward the stratosphere forever. 🙂
Even without major wars, oil prices climb, and if the Middle East catches fire again, we're all in trouble...
One more thing: JPM has been struggling with shorts for a few months now. 😉 Last time they were in this much trouble was about a year ago when silver spiked toward $50... 🙂

ltInvestments just dropped an interview with ‘Turd’ over at TFMetalsReport.
Trump states He expects The Bernanke to disappoint Friday AT Jackson Hole , and The Cartel MO of raiding The metals on Bernanke speeches to continue. He states The HUGE RISES in The cartel short positions in Gold and silver warrant caution on Friday.

http://www.youtube.com/watch?feature...&v=6yyJI92OaeE

quiettrucker12 said:It looks like both gold and the stock market have stopped caring about how weak the US Dollar is. That tells me the Greenback is either bottomed out or right on the edge. The Euro has hit its trendline, and if Ben doesn't cook up some QE—or maybe some supercharged turbo QE—by Friday, I think the Euro is going to slip. If that happens, we’re looking at a final two-month sprint for the Dollar. Such a move would likely trigger a massive autumn sell-off in everything except the USD. Any rally in precious metals coming later in October would look like a total hurricane compared to the little scraps we've seen lately.

If you ask me, there's no "up" movement in metals before the election, only after. And let's be real—there won't be any announcement about new QE this Friday. It'll just be more spins and those same phrases they've been recycling for almost a year now.
Gold could easily slide to 1620 or even lower. But the QE that's actually supposed to roll out next year? In my opinion, that's going to be epic in scale.

EDIT regarding silver: Word on the street—and I'm just repeating what I've heard—is that JPM is having massive issues with their shorts, so...

dustyheron5 said:Exactly. Such a massive stimulus would be a direct reaction to the realization that the Fed is moving toward Quantitative Easing 3—or rather, it’s a sign that the decision has already been made and they're just waiting for the right moment to pull the trigger.

If that happens, anyone betting on a drop in metals prices can kiss those hopes goodbye.🤣

And let's be real—that "perfect timing" isn't happening until after the US elections are settled, regardless of who's in the White House 😍. Gas and grocery prices here in the States are hitting ceiling levels, inflation is a nightmare, and unemployment is still a mess. Meanwhile, the Stock market is sitting at these crazy highs. For Obama, kicking off more Quantitative Easing right now would be straight-up political suicide. The only way that works is if they're planning to install that Mormon candidate (who, by the way, seems pretty hell-bent on an invasion of Syria)

dustyheron5 said:.......trying to rattle my colleague Charles....... aren't you? 😬

Leave the guy alone, seriously—why are you all jumping down his throat like this? 😁
Maybe he'll be the one laughing when everything finally settles down.

quiettrucker12 said:This is starting to look like a serious trend.

don't miss the massive market rally 😍
Personally, I've got my doubts about all that. To me, a more realistic move would be silver heading back toward $29 and gold hovering somewhere around $1640. But hey, we'll see how it plays out.

Why we probably aren't seeing a return to the gold standard anytime soon

http://www.zerohedge.com/news/guest-...sier-said-done

Back when he dumped gold at $1,450, half the peanut gallery was calling him an idiot—saying he completely missed the mark and blew it.

Fast forward to now, and suddenly he’s back in the game buying it up, and everyone’s acting like he’s some kind of genius. 😂

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/8/15_$12,000_Gold,_Paulson,_Soros_%26_A_Coming_Mania _In_The_Shares.html

Anthony Evans78 said:Another lesson for the sheeple:
http://www.zerohedge.com/news/and-wh...emand-physical

Honestly, I think the world actually needs its fair share of idiots, uneducated folks, and people who have no clue what's going on. Just imagine if everyone actually knew everything... 😍
would be a total disaster.

Paul Peterson4 said:It’s been a bit of a roller coaster—up some days, down others. Honestly, looking at the last six months, there hasn't really been much movement to speak of.

Depends on who you ask, I guess. If you're actually out there trading, things have been pretty interesting...

Looks like we’re bracing for some serious action in the gold and silver markets today. My gut tells me the volume is going to be massive—we might even see trading levels hitting anything close to what the entire half-year mining output looks like. Just a wild thought, but stay tuned.😂

Anthony Evans78 said:That says everything you need to know about this "market." What a complete joke...

So, the retail sales numbers just dropped 😍

We'll see how things shake out over the next few days, quiettrucker12. Honestly, I'm almost certain we aren't getting Quantitative Easing 3. The market is holding its own right now—fragile as hell, sure—but it's staying afloat. I caught somewhere that they won't even bother with Quantitative Easing 3 because the Federal Reserve can just drop a few well-timed statements every month to nudge the market up, let it dip, then swoop in with another comment to stabilize things... and they can just keep playing that game for another year if they want to!

Man, if this actually turns out to be true, I’d love to just load up on silver at $18 🙂. And gold too 🙂
.

http://www.munknee.com/2012/07/gold-...50117-in-2013/

Think there's any chance gold dips today?