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Re: Gold/Silver sell off

PostPosted: Fri Oct 29, 2010 8:50 pm
by Country
Country wrote:Gee... Another one day selloff. :shock:

Stay BULLISH and BUY PM on ALL THE DIPS. :mrgreen: Don't wait for a big selloff because the FED policy is to cheapen the dollar by printing mountains of fiat. 8-) That's the game plan - they want to create INFLATION by PRINTING FIAT. PMs have to go up as our currency, and other currencies of the world, are debased by these criminals....

BUY, BUY, BUY !!!! :ugeek:



WELL... THAT SELLOFF DIDN'T LAST VERY LONG!!! :mrgreen: Did everyone get some bargains the past few days?? :D

QE2 is coming next week when the FED makes their wonderful announcement that they are going to debase our dollar once again. There was a report in the WSJ a couple days ago indicating QE2 LIGHT was in the offing. I think GOLD and SILVER have spoken. There will be NO QE LIGHT. The helicoper is getting plenty of fuel as dollars will be dumped around the world in quantity. :shock:

Re: Gold/Silver sell off

PostPosted: Sat Oct 30, 2010 6:26 am
by Lemon Thrower
there is some speculation that the QE will be less than expected, will be phased in, or the market will sell off on the news. its anybodys guess. i wouldn't count on it happening but if it does don't get spooked out of your pms. long term these are solid. i would not be leveraged now though.

Re: Gold/Silver sell off

PostPosted: Sun Oct 31, 2010 11:06 am
by beauanderos
It took two weeks, from high to high, to return to where we were before the selloff. I was already "all in" before the dip. My previous practice of overbidding by ten percent on ebay no longer is even close... I quickly get outbid. But that's a good thing Image