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]