Buying gold and silver.

[Maddog]

 

[Maddog]

 

[Maddog]

 

[Traxion]

Profit taking or reset? $89 now.

 

[Traxion]

$79 now. Ouch.

 

[walleyeman_1875]

Might as well hold until it rebounds to $150/oz

How many of you bulls are buying during the free fall or at what price point are you going to start buying again?

 

[49994]

I wouldn't buy until you see the price stabilize some...don't want to catch a falling knife.

 

[Maddog]

^^^ this ^^^

 

[Rowdie]

 

[Big Iron]

Today sucked- but most knew there would be a correction. IMO - miners still looking solid. Example- First Majestic (AG) basing their earnings on the assumption of $52/ OZ silver.

I’m hoping things stabilize and these miners can get some love. Earnings for AG is Feb 18. FYI

 

[Rowdie]

 

[Rowdie]

 

[guywhofishes]

 

[Aquaholic]

$AG, HL, BKRRF, few gold miners junior/minor exposure had a strong run and treated me well. Given the move, I’m choosing to wait patiently for a healthier pullback, ideally around 50%. If that retracement comes, possibly as soon as this week, I plan to redeploy capital back into the junior miners at more attractive levels. Already started gearing up COPPER, URANIUM, OIL.

 

[Obi-Wan]

They are blaming the drop on Trump naming his new fed pick

 

[Sum1]

elon predicted recently that soon money wont be useful or necessary, at least as we currently think of money. He said flat out in an interview just a few weeks ago that if you have money, spend it, there is no reason to save for retirement anymore...

Damn. I sure hope no one took this to heart. What an idiotic statement.

I have watched Elon interviews for years now. Take what he says with a grain of salt. No doubt the guy is a visionary that has done some amazing things with self driving electric cars but damn that guys says some dumb crap. A universal basic income would be hell on earth if you ain’t part of the ruling class.

 

[guywhofishes]

 

[Maddog]

 

[Lycanthrope]

Damn. I sure hope no one took this to heart. What an idiotic statement.

I have watched Elon interviews for years now. Take what he says with a grain of salt. No doubt the guy is a visionary that has done some amazing things with self driving electric cars but damn that guys says some dumb crap. A universal basic income would be hell on earth if you ain’t part of the ruling class.

I could see it going poorly, but we are still thinking in scarcity mode, there arent enough resources to give everyone everything they want or need. If we move into abundance, as elon predicts, that might not be the case anymore.

 

[Allen]

I could see it going poorly, but we are still thinking in scarcity mode, there arent enough resources to give everyone everything they want or need. If we move into abundance, as elon predicts, that might not be the case anymore.

I'd like to place my order for 17 free tons of gold today, thanks!