I feel another smackdown is coming

[jim4silver]

You would think with the uncertainty of the debt ceiling and gov shutdown, etc., PMs would be going up at least a little?


Jim

 

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[Jason in Enid]

Nothing the PM market does makes sense lately.

 

[Marchas45]

I'm just moving along and stacking here and there and not worrying what's happening with the manipulation. In fact I just went to the bank today and took out $1000.00 (10 of the new $100 bills) and adding it to my Fiat stack for emergency. Lol

P.S. People are already selling these bills on ebay and the stupid people are buying them. Lol

 

[FreedomUIC]

I'm just moving along and stacking here and there and not worrying what's happening with the manipulation. In fact I just went to the bank today and took out $1000.00 (10 of the new $100 bills) and adding it to my Fiat stack for emergency. Lol

P.S. People are already selling these bills on ebay and the stupid people are buying them. Lol

View attachment 878810

What you didn't mention is that these stupid people are paying 2X to 2.5X face for these things.
Absolutely the most asinine thing I have ever seen....

Says alot about how mis-informed our society is today....

 

[cyberdan]

What you didn't mention is that these stupid people are paying 2X to 2.5X face for these things.(

one will close in a few min with 13 bids for $127.50
another is offered at $1000 with no takers.

 

[crhstreetwalker]

Nice $100s. I'm actually selling mine on eBay now, have sold 5 and profited about $58 after fees. All to foreigners. People were only paying insane prices for the bills on the 8th, 9th, and 10th. Don't worry about your precious metals stacks, the government will default on its debt on the 17th, Obama will declare a state of emergency and throw us under martial law, and you can take pleasure in having a chunk of prosperity.

 

[jasper62]

the government will default on its debt on the 17th, Obama will declare a state of emergency and throw us under martial law, and you can take pleasure in having a chunk of prosperity.

That must be wishful thinking.As much as I hate to say it,Gold & Silver is a broken asset and is going no where but down for the foreseeable future

 

[jim4silver]

That must be wishful thinking.As much as I hate to say it,Gold & Silver is a broken asset and is going no where but down for the foreseeable future

Is it gold and silver are broken, or the system that is supposed to prevent manipulation in the market (heavily concentrated positions by one or few traders, either up or down)?

Good article attached.


The Silver Bear Cafe

Jim

 

[Marchas45]

Is it gold and silver are broken, or the system that is supposed to prevent manipulation in the market (heavily concentrated positions by one or few traders, either up or down)?

Good article attached.



The Silver Bear Cafe

Jim

Love it Jim a great Stackers article. Keep Stacking