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08-08-2021, 06:02 PM
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Join Date: May 2007
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Gold & Silver
Wow! What a drop! unreal!
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08-08-2021, 06:17 PM
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Join Date: Dec 2008
Location: Alberta
Posts: 24,071
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how about some info? generally with a statement like that there is a link, a pic, some inclination of what you are talking about
I see 2.4% gold and 3.8% silver that's not earth shattering
__________________
Only dead fish go with the flow. The rest use their brains in life.
Originally Posted by Twisted Canuck
I wasn't thinking far enough ahead for an outcome, I was ranting. By definition, a rant doesn't imply much forethought..... 
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08-08-2021, 07:13 PM
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Join Date: May 2007
Posts: 1,752
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Silver $29.95
Gold$2176.43
Thats Enough!
Last edited by badbrass; 08-08-2021 at 07:18 PM.
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08-08-2021, 07:17 PM
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Join Date: May 2007
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Sure glad I sold at $40.00+ a once!
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08-08-2021, 08:44 PM
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Join Date: Jun 2011
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Gotta wonder who would dump that many contracts on a Sunday and why? Pretty odd move.
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There are some who can live without wild things, and some who cannot. Aldo Leopold
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08-08-2021, 08:54 PM
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Join Date: May 2007
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Or is it another government move? Keep the price down!?
Quote:
Originally Posted by bdub
Gotta wonder who would dump that many contracts on a Sunday and why? Pretty odd move.
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08-08-2021, 10:17 PM
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Join Date: Sep 2007
Location: Strathcona County
Posts: 1,896
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Quote:
Originally Posted by badbrass
Silver $29.95
Gold$2176.43
Thats Enough!
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I like it! Keep it going!
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08-08-2021, 10:51 PM
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Join Date: Sep 2015
Posts: 1,579
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Quote:
Originally Posted by badbrass
Silver $29.95
Gold$2176.43
Thats Enough!
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???
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I fish, therefore I am.
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08-09-2021, 05:17 AM
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Join Date: Jun 2011
Posts: 3,713
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Quote:
Originally Posted by badbrass
Or is it another government move? Keep the price down!?
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Who knows. We're right back where we were on gold 2 months ago or so. The majority of the move occurred in 15 minutes so it must have been one entity behind the move, not a sustained selloff by many traders like we had on last Friday.
The media will have some narrative for it this morning. Someone must have got caught offside or a government is having a currency problem or China is continuing its war on commodity prices. I'm going with the China one. They are trying to hammer the price of everything lower recently.
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There are some who can live without wild things, and some who cannot. Aldo Leopold
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08-09-2021, 08:56 AM
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Join Date: May 2010
Location: edmonton
Posts: 3,850
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Paper and physical usually have a different price, headlines said the Feds might start to raise rates , been hearing it for a while now ...
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08-09-2021, 10:43 AM
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Join Date: Feb 2019
Location: Sherwood Park
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Sounds like there were 24,000 contacts dumped on a market order and triggered technical stop outs set around 1750.
Someone is very invested in keeping the gold price suppressed.
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08-09-2021, 10:17 PM
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AO Sponsor
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Join Date: Apr 2011
Posts: 2,477
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Tho I do like the concept of bitcoin, I suspect the govts will defeat the bit, think taxxxx and people will flee the currency out of fear... and all the crytos.
Then gold will fly and have it's day, but will be a brief glory
Then meanwhile the globalists will take possession of all assets whilst we are so happy watching them take it all, or so we are told
So better than metal, how 'bout a run on freeze dryers... while we so happy not owning anything, we can rehydrate some ground moose and beef and pig and chow down on our secret non bill gates protein snacks.
They gonna come and take our guns away, forcibly if need be... but they aint coming to take away our packaged meats!!!!
I wonder what happens if you try to freeze dry a good wholesome BBQ steak... will it reconstitute yummy???
They gonna take the gold and the silver, the land and all assets, or so we are being warned, so what's the point of owning gold and silver if we cannot own it, and a=cannot cash it in without big brother knowing
...but if we can have a steak a week, we will be happier than if we cannot have a steak a week
10 years from now, happiness will be the man, woman with a belly full of meat.
You will own nothing and you will be happy... if you did yer freeze drying!
I better learn how, I hear its a steep learning curve
I wonder what I could trade a freeze dried pig for 10 years from now??? hmmm.... me and my wicked thots... I'm horrible
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08-10-2021, 05:52 PM
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Join Date: May 2007
Posts: 1,752
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Silver $29.19 a oz.
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08-10-2021, 06:22 PM
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Join Date: Apr 2010
Posts: 1,615
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Quote:
Originally Posted by Marty S
Tho I do like the concept of bitcoin, I suspect the govts will defeat the bit, think taxxxx and people will flee the currency out of fear... and all the crytos.
Then gold will fly and have it's day, but will be a brief glory
Then meanwhile the globalists will take possession of all assets whilst we are so happy watching them take it all, or so we are told
So better than metal, how 'bout a run on freeze dryers... while we so happy not owning anything, we can rehydrate some ground moose and beef and pig and chow down on our secret non bill gates protein snacks.
They gonna come and take our guns away, forcibly if need be... but they aint coming to take away our packaged meats!!!!
I wonder what happens if you try to freeze dry a good wholesome BBQ steak... will it reconstitute yummy???
They gonna take the gold and the silver, the land and all assets, or so we are being warned, so what's the point of owning gold and silver if we cannot own it, and a=cannot cash it in without big brother knowing
...but if we can have a steak a week, we will be happier than if we cannot have a steak a week
10 years from now, happiness will be the man, woman with a belly full of meat.
You will own nothing and you will be happy... if you did yer freeze drying!
I better learn how, I hear its a steep learning curve
I wonder what I could trade a freeze dried pig for 10 years from now??? hmmm.... me and my wicked thots... I'm horrible
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Jeepers bud whatcha smokin?
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08-11-2021, 10:20 AM
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AO Sponsor
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Join Date: Apr 2011
Posts: 2,477
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Nuthin… just eyes wide open. But i dont watch CBC
Bear in mind the UN 2030 stated objectives, and world leaders telling us we will own nothing and be happy. Just dig and start reading… or just keep watching Trudeaus propaganda and happily continue
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08-11-2021, 10:57 AM
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Join Date: Jun 2012
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Time for a bigger tinfoil hat.
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08-12-2021, 11:09 AM
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AO Sponsor
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Join Date: Apr 2011
Posts: 2,477
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Just listen to Trudeaus sweet, sweet delicious music!!!
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08-12-2021, 11:41 AM
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AO Sponsor
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Join Date: Apr 2011
Posts: 2,477
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We gonna be a whole bunch of very sad alberta boys about nine years from now…
or less
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08-13-2021, 11:57 AM
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Join Date: May 2010
Location: edmonton
Posts: 3,850
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slowly recovering ... its just a number
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08-13-2021, 01:53 PM
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they can have their cake and eat it too .. we can always eat the rich ... history repeats
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09-16-2021, 08:35 AM
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Join Date: May 2007
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Market
Wow! Silver $28.75
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09-29-2021, 08:59 AM
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Join Date: May 2007
Posts: 1,752
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I can't believe where this is going! $27.38 for silver a oz! What's your take on it?
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09-29-2021, 10:01 AM
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Join Date: Dec 2015
Posts: 433
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Quote:
Originally Posted by badbrass
I can't believe where this is going! $27.38 for silver a oz! What's your take on it?
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I’m of the belief that 0.0001% of the Canadian population really has no interest in where the spot prices of silver & gold are. I’m sitting on around 27 lbs of silver & I have no interest & I sleep well every night.
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09-29-2021, 10:46 AM
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Banned
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Join Date: Sep 2021
Posts: 20
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Quote:
Originally Posted by badbrass
Silver $29.95
Gold$2176.43
Thats Enough!
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What i love to see!!
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09-29-2021, 11:41 AM
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Join Date: May 2007
Posts: 1,752
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Quote:
Originally Posted by cosmog
What i love to see!!
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If your buying! 
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09-30-2021, 08:08 AM
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Join Date: Dec 2008
Location: Near Edmonton
Posts: 15,049
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Quote:
Originally Posted by badbrass
Silver $29.95
Gold$2176.43
Thats Enough!
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Not sure where you are getting your numbers. Gold is at 1,746 and has been in that range for the last couple of months. Gold has traded in a narrow band of 17 to 1900 for over two years. It briefly hit $2024 in Aug 2020 but it didn't hold. Silver has dropped and is trading around 28 bucks. As far as owning 27 pounds of silver, that amounts to less than 12,000 dollars. With the current price of groceries I don't think I would be planning my retirement, or apocalypse survival on that.
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09-30-2021, 08:18 AM
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Join Date: May 2007
Posts: 1,752
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Quote:
Originally Posted by Dean2
Not sure where you are getting your numbers. Gold is at 1,746 and has been in that range for the last couple of months. Gold has traded in a narrow band of 17 to 1900 for over two years. It briefly hit $2024 in Aug 2020 but it didn't hold. Silver has dropped and is trading around 28 bucks. As far as owning 27 pounds of silver, that amounts to less than 12,000 dollars. With the current price of groceries I don't think I would be planning my retirement, or apocalypse survival on that.
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Sorry Dean2! Talking Canadian $$$ here! Ya over the last 4 months I have sold
1000 oz of silver! Glad I did!
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09-30-2021, 08:26 AM
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Join Date: Dec 2008
Location: Near Edmonton
Posts: 15,049
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Quote:
Originally Posted by badbrass
Sorry Dean2! Talking Canadian $$$ here! Ya over the last 4 months I have sold
1000 oz of silver! Glad I did!
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COMEX Gold Contract (GOLDS:COM)
1,744.62 18.25 (1.06%)
As of: 09/30/21 10:01:16 am
(delayed at least 15 minutes)
Good move on your p[art to have sold that much silver. I said quite a while ago when everyone was all excited about 40 buck silver and it running to $70 that they were smoking too much Ganja. All the best.
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09-30-2021, 08:38 AM
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AO Sponsor
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Join Date: Jun 2013
Location: Airdrie, AB and Part Time BC
Posts: 3,004
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Quote:
Originally Posted by Dean2
COMEX Gold Contract (GOLDS:COM)
1,744.62 18.25 (1.06%)
As of: 09/30/21 10:01:16 am
(delayed at least 15 minutes)
Good move on your p[art to have sold that much silver. I said quite a while ago when everyone was all excited about 40 buck silver and it running to $70 that they were smoking too much Ganja. All the best.
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So is it time to start thinking about buying up a bit of silver and gold with prices as they sit now or do you think it is going to continue fading?
__________________
Urban Expressions Wheel & Tire Inc
Bay #6, 1303 44th ave NE
Calgary AB, T2E6L5
403.769.1771
bobbybirds@icloud.com
www.urbanexp.ca
Leviticus 23: 4-18: "he that scopeth a lever, or thou allow a scope to lie with a lever as it would lie with a bolt action, shall have created an abomination and shall perish in the fires of Hell forever and ever.....plus GST" - huntinstuff April 07/23
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09-30-2021, 08:52 AM
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Join Date: Jul 2009
Location: GP AB
Posts: 16,239
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I always looked at physical bullion as insurance, more then an investment. The time to buy was 10 or 20 years ago, but hindsight.
I may buy a bit more silver yet anyway.
__________________
'Once the monkeys learn they can vote themselves a banana, they'll never climb another tree.'. Robert Heinlein
'You can accomplish a lot more with a kind word and a gun, than with a kind word alone.' Al Capone
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