[theluckycountry]

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('Newfie', 'D')own 0.25% is crashing?

[theluckycountry]

Gold resumes its climb but why does the Gold chart appear broken? The Silver chart for the day is the same btw.

Sold Out in India, Panic in London
$this->bbcode_second_pass_quote('', '�')��Most people who are dealing silver and silver coins, they’re literally out of stock because silver is not there,” said Raina, who is head of trading at MMTC-Pamp India Pvt. “This kind of crazy market — where people are buying at these levels — I have not seen in my 27-year career.”
...And just as Indian demand was soaring, China — a key source of supply — closed for a week-long holiday. So bullion dealers turned to London. They soon discovered that the city’s precious metals vaults were largely sold out. While London vaults underpinning the global market hold more than $36 billion in silver, the majority of it was owned by investors in exchange-traded funds.

Panic in London

Traders described a growing panic as liquidity dried up. The cost of borrowing silver overnight soared to annualized rates of as high as 200%, according to consultancy Metals Focus. As the big banks that dominate the London market started to step back from the silver market, bid-ask spreads became so wide as to make trading near impossible. ...In another sign of the disarray in the market, one trader said the big banks were offering such wildly different quotes that he was able to buy from one bank at its ask price and simultaneously sell to another at its bid for an immediate profit – a rare sign of dysfunction in such a large and competitive market.

[theluckycountry]

At last, a pull back. I was getting genuinely worried there for a week, nothing is supposed to go up up up, that's the Crypto mindset, the "To Da Moon" mindset. Gold and Silver needed a decent retracement and this looks like it. A week or so of pullback to put a damper on the manic buying sprees.

[Armageddon]

I don’t need more silver, but if it drops to $40, I’ll go in hard.

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', 'I') don’t need more silver, but if it drops to $40, I’ll go in hard.

[theluckycountry]

$this->bbcode_second_pass_quote('Armageddon', 'I') don’t need more silver, but if it drops to $40, I’ll go in hard.

[theluckycountry]

The collapse of Lehman Brothers on September 15, 2008, was the largest bankruptcy in U.S. history. Blah blah, the kickoff for the GFC.

And here's the big retracement beginning in March and gaining pace in June/July 2008. The bottom was a month or two after the collapse of the global paper markets



But as the dust was settling Gold was off again.

Most all the analysis of this period is BS. Like all such they focus on the Big Event and ignore the little signs leading up to it. Look at this BS, from a site that should know better too.
$this->bbcode_second_pass_quote('', '[')b]Critical Insight. Prices fell to their lowest value for the year, $692.50/oz, in the wake of the Lehman Brothers collapse on September 15, 2008.

[theluckycountry]

Both metals still falling, but still up around 12% for the month. Not much of a correction yet. The last two months have been a real NASA launch, very uncharacteristic.

[Armageddon]

40 million people on food stamps. We are in the crash, it’s just being papered over. Home, auto and credit card delinquencies are skyrocketing.

How many trillions will be needed to stop this crash?

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', '4')0 million people on food stamps. We are in the crash, it’s just being papered over.

[careinke]

Unlucky was crying for my "How many ounces of gold can you buy with one BTC arithmetic." He is a little slow at arithmetic and reading graphs. So here you go.

1BTC= 28.94 Troy ounces of gold. That is .549 MORE Troy ounces of gold than my very first calculation of 1 BTC = 28.40 Troy ounces of gold. Winning is becoming so boring, just takes patience and a little arithmetic.

Peace

[Armageddon]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', '4')0 million people on food stamps. We are in the crash, it’s just being papered over.

[AdamB]

$this->bbcode_second_pass_quote('careinke', 'U')nlucky was crying for my "How many ounces of gold can you buy with one BTC arithmetic." He is a little slow at arithmetic and reading graphs.
Peace

[AdamB]

$this->bbcode_second_pass_quote('Armageddon', '
')Do you ever add anything meaningful to a conversation?

[theluckycountry]

$this->bbcode_second_pass_quote('careinke', 'U')nlucky was crying for my "How many ounces of gold can you buy with one BTC arithmetic." He is a little slow at arithmetic and reading graphs...

[theluckycountry]

$this->bbcode_second_pass_quote('Armageddon', '
')Do you ever add anything meaningful to a conversation?

[theluckycountry]

The FBI and most of the other law enforcement agencies won't get in the way either. Those people are as sick in the head as the average leftist. Grovelling at the feet of the Black man.



And since when did the FBI switch from tactical boots to pink joggers? The department is run like a frat house

Look at this tub of lard! Oh! Fat shaming, no fat shaming

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('Armageddon', '
')Do you ever add anything meaningful to a conversation?

[theluckycountry]

When you see Putin in military fatigues you know your time is running out.

[Armageddon]

Newsmax host @RobFinnertyUSA just said what no one in mainstream media will admit about SNAP.

He tore the mask off the entire food stamps program...and what he revealed will infuriate taxpayers.

It’s far worse than anyone realized.

“There are 42 million people in this country that need food stamps on a weekly basis.”

“And we’re saying ‘people’ deliberately instead of Americans because most of the people that are on food stamps aren’t even from this country.”

“45% of Afghanistan immigrants are on food stamps.”

“42% of Somali immigrants, 34% of every immigrant from Iraq, 23% of Haitians.”

“59% of ALL illegal aliens are collecting food stamps, meaning that most of the people getting food stamps from the U.S. Government and the U.S. Taxpayer are not even Americans.”

“Think about that.”

“And we didn’t know about any of this before the government shutdown started.”

“But thanks to Democrats, we can confirm tonight that millions of Joe Biden, illegal aliens, people who crossed the border when Joe was president, are now collecting food stamps from a program funded by hardworking American taxpayers.”