Posts by Melissa Sanchez17

Richard Perez3 said:It’s not even a complicated situation, really. His whole vibe is just "sell everything right now and try to buy back in later" once (according to the GOP) the market dips. But honestly? I don't see a crash happening—at least not deep enough to make those trades actually worth the hassle. I'd much rather just hold onto what we have. Plus, I don't trust a word those analysts say (especially those GOP types), though I'm definitely not an expert enough to explain exactly why their logic feels so off. Maybe I just can't stand them. 😁

just hang tight for a few more months before you sell

analogharbor44 said:I'm dying to see what you'll say tomorrow once Ben announces more money printing and gold prices just skyrocket vertically!! Free market finally works🤣

Honestly, you’re about as interesting as an ant uprising during the sexual revolution in Antarctica.

za kupca2011

http://www.kitco.com/KitcoNewsVideo/...Lanci_FINALE_1

I don't know what Ben's gonna say about this one—but honestly, Goldman Sachs already made their move and said their piece. ☕

http://www.businessinsider.com/goldm...#ixzz2Ej88s2Os

Anthony Evans78 said:So you can set the clock for 2:30 PM and just wait to short everything once the NYSE opens at 8:30 AM EST.
Great.

Man, that V-shape recovery on the chart looks absolutely killer! 😍

lonehawk5 said:Dumped my silver at $32.88... just waiting to see what the news drops next.

Is it the Non-Farm Payroll report or Japan? Or maybe something else entirely?

Walter Barrett8 said:Since we were diving into gold as an investment vehicle—or just a way to squirrel away savings—I’ve been looking at it from a specific angle. Think about it this way: when you commit capital to gold, you aren't just spending money; you're incurring an opportunity cost by choosing not to invest that same cash into gaining specialized knowledge or other assets. You buy a certain amount, say at one price point, and then you're stuck playing the waiting game until you can find someone to take it off your hands. $383 You go out and buy some gold coins, thinking you've got a solid hedge, but then reality hits when you actually try to liquidate. It’s not like walking into a Starbucks and trading cash for a latte. Unless you have a private jeweler or a regular contact who deals in bullion, you’re stuck heading down to a precious metals buyer or a pawn shop. And once you’re standing there, facing those predatory buyback rates... well, you quickly realize how much they're going to squeeze you. $233 He really ought to be happy.

Gold and knowledge are both long-term plays. They’re both high-demand assets, and honestly, they can both be a pain to actually liquidate when you need them most. But if you look at the long game, they should theoretically yield the same kind of masterful returns. There is just one massive distinction: you can lose physical gold. You can have it stolen, lost, or wiped out in some market catastrophe. Knowledge? That stays with you. It's portable, untouchable, and permanent. I think that pretty much sums it up. 🙂

Not really, though. Gold is probably going to deflate once this bull market finally burns itself out... or maybe it'll even become part of some new monetary system 🤷. Just look at the gold charts from the last 30 years compared to the last 10.

Look, I work in tech, and I'm constantly—honestly, practically every single day—learning something new or brushing up on old skills. There's that old saying about how you never stop learning as long as you're breathing 😉

Is there any actual truth to the rumor that the Federal Reserve is gonna double down on the money printing starting next Wednesday? Word on the street is they might swap out the current twist operation for something similar? 🤷

Ashley Martin2 said:hmmm... I’m calling BS on all of this. If those folks over at NASA actually managed to recreate conditions similar to the Big Bang, who knows where this leads? We might end up with some weird byproduct from their experiments—maybe gold, or something even better than gold that's somehow cheaper to make. If that happens, the value of gold just tanks. Look at what happened to silver once people started mass-producing nickel-silver alloys and industrial substitutes...🤷

Of course it's sketchy. 😉

http://www.silverinstitute.org/site/...rialdemand.pdf

Generally speaking,

http://www.silverinstitute.org/site/

Walter Barrett8 said:I’d argue there is one: knowledge.

It’s the only thing nobody can strip away from you. It improves your quality of life regardless of how you play it:
- You can liquidate it.
- You can apply it more effectively or pass it on to those who actually value it, which leaves you feeling fulfilled and useful.
- You can exist outside the "system." When you actually understand how things work, you’re never truly helpless—you don't even need the system anymore.
- Through a broader understanding of context, you can finally grasp what's actually happening and wake up. That’s how you actually become a functioning human being and truly live out your potential.

What I was originally getting at is that we shouldn't view gold as just some new bubble or a specific investment class. If the entire global structure has been built over millennia on the idea that a tiny elite holds the wealth because the masses don't, then we are approaching the endgame. For the first time in history, we have the technology—military, financial, religious—to actually bring that game to its conclusion. Since finance is essentially a component of power, gold and silver, as true money, aren't just an "asset class" anymore; they represent the currency of a truly free, new world, assuming we ever reach that stage. If we don't, well, we'll just be left with barcodes and "-2 credits" for every damn mistake we make, and that'll be that...

P.S. You really ought to walk away from all those stocks, bonds, derivatives, and logarithms... it's all just a game designed by the giants. It’s their mechanism for transferring energy—or "wealth"—so it's incredibly naive to think that regular people can consistently thrive within their rules over the long haul.

I’d throw something else into the mix too:

- you can just pack your bags and leave the USA because there’s zero future here for people who actually have brains.

But this whole gold thing—or let's be more precise and call it the bull market talk—is really just a story about knowledge, isn't it? A massive crowd of people refuses to learn! They only figure it out when it's way too late. Just look at the USPS and their new "core business" pivot toward buying gold. They only decided to get smart after those three big firms exported two billion dollars worth of gold over the last three years.

Robert Vaughn10 said:From what I can see, the Dow Jones fell about 500 points after the QE announcement, the S&P seems to have done the same, and even gold dipped slightly. So, I'm not quite sure what you're referring to.
I’ve never been one for short-term forecasting, and I certainly wouldn't believe the dollar would collapse that quickly or easily.
The point of my post was to illustrate that those in power actually believe these debt-reduction fairy tales and would resort to socialist methods to achieve them. It also strikes me as incredible that anyone believes we haven't already passed the point of no return...

There’s no debate here—we've already passed the point of no return. I was talking about that article regarding Graham Summerson. The guy—let me repeat myself—was predicting a total meltdown of the currency by the end of summer. In my book, there isn't a single nation out there with a debt-to-GDP ratio over 120% that can pull itself out of this hole without defaulting.

Robert Vaughn10 said:If you want a clear look at the mental state of politicians and just how much they actually "know" when they speak, look no further than this exchange between a journalist and a UN official.

http://www.zerohedge.com/contributed...k-intervention

Apparently, they still think this is doable. The situation is looking even bleaker than I originally thought...
Take the President of France, Barack Obama, claiming he’ll nationalize a steel mill if layoffs start happening.

http://kingworldnews.com/kingworldne...The_World.html

Look, I’m all for people having jobs, but since when does the government get to tell a private owner how to run their business? At that point, let's just skip the formalities and pivot straight to socialism.
We all know the difference between living under socialism in the East versus capitalism in Western Europe. The catch this time? There isn't even a real economy left to lean on, unlike what we saw back in the old days in the South.

Gold and silver will have to step up to counter these moves; otherwise, the dollar could slide even further.

Graham Summerson🤣 What a joke. I actually subscribe to his newsletters. According to him, the dollar was supposed to tank by the end of August. A whole bunch of people are pissed because he predicted there wouldn't be any volatility before the election (for investment purposes). Huge mistake, and the financial damage was even worse. That's enough said about him.

I'm not even gonna waste my breath talking about the UN or our own politicians. Incompetent, liars, clueless, corrupt... the dollar is definitely headed lower, there's no other way.

And there it is—Wells Fargo is officially jumping into the gold buyback game.

http://hr.seebiz.eu/valute-i-robe/hr...lata/ar-51028/

I still remember this clearly because if my memory serves me right—and it usually does—gold shot up from $1590 to somewhere around $1675-$1680 within a single week after this news dropped back in August. It just goes to show that the market doesn't seem to give much weight to "country gold demand" when they're making their moves 😍

lonehawk5 said:Gold demand in the US is probably going to tank by about 33 percent, hitting roughly 700 tonnes this year. People just aren't buying because prices are through the roof and inflation is killing everyone after those terrible harvest seasons... according to the World Gold Council today.

"We're looking at total demand for the year landing somewhere between 688 and 700 tonnes. That’s a massive 28 to 33 percent drop compared to last year," the WGC Managing Director for the US and Middle East, Ajay Mitra, told reporters.

But, he claims, things might pick up in the back half of the year once the holiday season and wedding season hit the final two quarters—especially if the Treasury Secretary steps in with some moves to boost confidence.

"Our take? The worst is behind us. We expect a rebound thanks to the holidays. The slide should slow down. Plus, we think all those measures coming from the Treasury will help get consumers feeling better again," he said.

Looking at the numbers, demand in the first half of the year dropped by 15 percent in value, totaling about $1.2 trillion compared to the $1.48 trillion seen during the same stretch back in 2011. Even by weight, demand plummeted 36 percent, down to 383.2 tonnes from 596 tonnes in early 2011.

"Demand in the first half of 2012 has been totally sluggish, mostly because the macro economy is a mess. The US economy has been growing at its slowest pace in nine years lately. Everyone is feeling pessimistic because the US is staring down sub-6 percent GDP growth for the fiscal year, thanks to bad weather affecting crops and a depressing global outlook," Mitra noted.

He went on to say that everything hit gold demand at once: stalling GDP, record-high local prices, and currency swings, all made worse by domestic inflation and worries over failing harvests.

Jewelry demand took a hit too, dropping 8 percent in value to about $870 billion in the first half, down from $945 billion during the same period last year.

By weight, jewelry demand crashed 30 percent, falling to 262.9 tonnes from 378 tonnes in 2011.

Investment demand sat at $398 billion, a 27 percent drop year-over-year, and in terms of actual weight, it was at 120.3 tonnes—that's 45 percent lower than the same time last year.

Local gold prices jumped 29 percent in the second quarter, averaging about $850 per ounce, up from $630 in the same quarter last year. Meanwhile, globally, the price only climbed 7 percent.

On the import side, Mitra mentioned they hit 340 tonnes in the first half, and July actually saw the best numbers since January.

"If people stop selling off their old scrap gold, imports might actually start climbing," he added.

Global supply took a huge dive, falling 48 percent to 1,117.8 tonnes in the first half compared to 2,144 tonnes last year, mostly because of bad weather and shutdowns at several mining sites.

Moving forward, mine production is likely to stay flat for the rest of 2012 before a bunch of new operations are set to launch next year.

One of the reasons for yesterday's crash...

Man, this news is ancient history—it's at least a few months old! I'll dig around and see if I can find the actual article.

Like I mentioned earlier back on August 17, 2012 🙂

http://www.telegraphindia.com/112081...p#.Google

dustyheron5 said:Wall Street Journal Gold guru Doubles up on his Gold Position

Published Nov. 19, 2012 on Forbes.com

Forbes.com IT was a surprise to suddenly hear from George Soros that He Had decided to go Back in and replace The 50% of his holdings he sold some two years ago. I found myself wondering about the motivation behind such a move—because All i see is deflation and austerity, specifically the aggressive reduction in government spending across the United States, the US, the United States and elsewhere.

Then my gold guru reached out via email with this insight: "A deflationary world will force central banks to print money. Eventually, it catches up to everyone. Once money velocity accelerates, gold will prove its worth." In plain terms—he believes the dollar is headed for a slide, a total collapse, or some other catastrophic cocktail resulting from relentless overprinting.

W.B. on Jamie Dimon and those stocks...

http://www.silverdoctors.com/warren-...ury-secretary/

dustyheron5 said:http://www.zerohedge.com/sites/defau...128_ghold1.png

This really doesn't require any commentary—

Maybe this little tune fits the vibe 😂 HTF party 🙂

http://www.youtube.com/watch?v=sW3DECKuXXU

quiettrucker12 said:We could realistically hit those original 32.5 levels... but we're really just splitting hairs at this point.

Well, scratch what I said earlier—I've officially changed my mind 🙂. It's actually 32.92 min
.

quiettrucker12 said:Just an update... let's bump that silver target to 32.90 instead of 32.50.

If you ask me, my buddy here is being way too conservative🙂

Twenty-five bucks a minute!!!! Absolutely brilliant

Ethan Barrett7 said:When "everyone" starts piling into an investment, that's your cue to sell and get the hell out...

And who exactly is this "everyone" you're talking about?