SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

   Gold/Mining/EnergyGold Price Monitor


Previous 10 Next 10 
To: Sun Tzu who wrote (115244)11/23/2021 12:51:00 PM
From: tntpal
1 Recommendation   of 115391
 
Gold low today is $1781.75... [so far]

Message 33586180


Share RecommendKeepReplyMark as Last Read


To: Cogito Ergo Sum who wrote (115246)11/23/2021 12:58:40 PM
From: Rarebird
   of 115391
 
So have I....Thing that gets me, I own a few retailers that are down 3-4% today because BBY and ANF reported earnings and were down 16%. The same thing happened a few days ago to the upside when M and another retailer beat estimates and the stocks surged 18%.

Wonder what the hell my GPS will do when they report after the close? I am going to probably sell half sometime today and play it frugal.

I wish I had a crystal ball.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Rarebird who wrote (115248)11/23/2021 1:00:39 PM
From: Cogito Ergo Sum
   of 115391
 
Well I booked last of my profits on DML as it tracked relatively CCJ.. popped today I missed a few K...

cannot look back eh :)

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Cogito Ergo Sum who wrote (115249)11/23/2021 1:08:09 PM
From: Rarebird
1 Recommendation   of 115391
 
I know traders who look back and eat themselves up alive on every move they make and they got ulcers. I don't look back for health reasons. Stock trading is like being an athlete: there's always the next game or trade. Key is not to make the same mistake more than once.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Rarebird who wrote (115250)11/23/2021 1:11:30 PM
From: Cogito Ergo Sum
   of 115391
 
There is always another bus :)

No I am content.. as posted I started at 1.20 range .. :) so a very nice trade with a cushion .. just be careful not to lose the cushion :)_

Share RecommendKeepReplyMark as Last Read


From: Rarebird1/6/2022 8:46:40 AM
2 Recommendations   of 115391
 
I'm shocked Gold has been moving sideways in this higher rate environment. Ultimately, higher rates are poison for Gold and the Miners.

Long way down is coming.

Share RecommendKeepReplyMark as Last ReadRead Replies (2)


To: Rarebird who wrote (115252)1/6/2022 1:09:47 PM
From: Horgad
   of 115391
 
Most likely you are correct, unless the Feds have finally lost control of inflation and the currency. That being a rare once in maybe 100 or 200 year event, people should not bet on it, but rather should be insured against it. IMHO

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Rarebird who wrote (115252)1/6/2022 1:19:57 PM
From: Sun Tzu
   of 115391
 
I wonder if some central banks are adding to their gold reserves.

What do you make of silver? I would have expected that it should be doing much better than it is based on pick up in industrial activity while the mainlining capacity is still not that high.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Horgad who wrote (115253)1/6/2022 1:21:17 PM
From: Rarebird
   of 115391
 
Ultimately, the Fed is going to have to choose between an outright recession and possible Great Depression or inflation. When all is said and done, I think they will back off after the Market falls 15%-20%.

The days of Goldilox are over.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)


To: Sun Tzu who wrote (115254)1/6/2022 1:26:54 PM
From: Rarebird
   of 115391
 
It's always hard to figure whether Silver is being viewed by the Market as an industrial metal or a currency. Sure, it is both. But the market usually treats Silver like its big Sister, Gold.

Share RecommendKeepReplyMark as Last ReadRead Replies (1)
Previous 10 Next 10