Page 1 of 1

DJIA Slipping. What does this mean for PM's?

PostPosted: Mon Feb 03, 2014 9:57 pm
by silverstacker
In the past few weeks I have seen the DJIA slip not only 100 points a day but over 200 points a day until the 346 points it fell today. How much longer can the market take and when will we see a move on PM's in an upward tick? I know that consumer confidence is an ultimate decider but how much of a dip is enough? My thought is that if we have another poor showing like we did today tomorrow or even at some point this week we will start seeing a sense of urgency in the market to sell which will cause a landslide. Thoughts?

Re: DJIA Slipping. What does this mean for PM's?

PostPosted: Mon Feb 03, 2014 10:59 pm
by johnbrickner
If stocks take a dump, what's left for a flight to quality aside from PMs and other such commodity type stuff? Perhaps more important to ask will be how much PMs and other such commodity type stuff will need to be sold to cover margins on the stock losses?

Perhaps the flight to quality will be cash? It seems like there has been an awfully large lot of money created but a dearth in circulation.

Re: DJIA Slipping. What does this mean for PM's?

PostPosted: Wed Feb 05, 2014 6:08 pm
by silverstacker
There is no doubt in my mind that this year the DJIA will be tested and then tested again. 2013 was red hot for investors and the market will pay for it this year. There is not too many more positive things the FED can do to manipulate it anymore. Or can they?

Re: DJIA Slipping. What does this mean for PM's?

PostPosted: Thu Feb 06, 2014 9:52 pm
by SilverDragon72
silverstacker wrote:There is no doubt in my mind that this year the DJIA will be tested and then tested again. 2013 was red hot for investors and the market will pay for it this year. There is not too many more positive things the FED can do to manipulate it anymore. Or can they?



Eventually, the FED's Medicine will become toxic and poisonous! :sick:

Re: DJIA Slipping. What does this mean for PM's?

PostPosted: Thu Feb 06, 2014 11:17 pm
by Silverfondler
If the QE taper continues like they plan and market continues to correct itself to Fair-Market value & the silver mines start slowing down due to it being around $21 and OZ to mine. I think we will start to see supply and demand issues along with lack of confidence in the markets to the masses. That in my mind will do it for the PM markets to go on the rise. Will see how this plays out and what Yellen does in the coming months. The FED meeting in the end of March ought to be a good one...