jp6 Posted March 24, 2020 Report Share Posted March 24, 2020 1 hour ago, potatohead said: This has been confirmed. Exactly that is why Gold will do very well and Miners may not...IMHO Link to comment Share on other sites More sharing options...
potatohead Posted March 24, 2020 Report Share Posted March 24, 2020 30 minutes ago, sandy beach said: Block-chain with a unique ID tagged to the underlying allocated commodity would be the way to build a proper gold paper market. Then there could be no more funny business. I have looked into this and most digital gold programs in detail. All are $hit. There is extreme counterparty risk, conflict of interest risk, delivery risk, etc.... Has anyone read the agreements to these programs and actually understand what they own and their recourse? Everyone is trying to recreate the wheel. Why not just own the wheel? This idea that everything needs to be digital is a joke. Security and convenience do not go hand in hand for a reason. I should mention there is a way to do this right, digitally, but no one want to go the extra step. These programs are designed for their sponsers not the public. Link to comment Share on other sites More sharing options...
DrStool Posted March 24, 2020 Author Report Share Posted March 24, 2020 5 day cycle projection 2475. Link to comment Share on other sites More sharing options...
potatohead Posted March 24, 2020 Report Share Posted March 24, 2020 Just came out..... reassurance or advertising? you decide....this is an allocated or pooled program with owners sharing a 400 oz gold bar. Link to comment Share on other sites More sharing options...
sandy beach Posted March 24, 2020 Report Share Posted March 24, 2020 Nothing like a rip your face off bear market rally! Link to comment Share on other sites More sharing options...
potatohead Posted March 24, 2020 Report Share Posted March 24, 2020 show me anywhere in the attached client agreement the word "segregated". https://www.goldmoney.com/images/media/Files/Docs/goldmoney-client-agreement-canada.pdf Link to comment Share on other sites More sharing options...
DrStool Posted March 24, 2020 Author Report Share Posted March 24, 2020 Top of channel 2412-15 Link to comment Share on other sites More sharing options...
DrStool Posted March 24, 2020 Author Report Share Posted March 24, 2020 The funny thing is that if you just look at the chart without the prices, it's perfectly orderly. Link to comment Share on other sites More sharing options...
No Einstein Posted March 24, 2020 Report Share Posted March 24, 2020 12 minutes ago, DrStool said: The funny thing is that if you just look at the chart without the prices, it's perfectly orderly. bear flags take time....pure guess but i wouldn't doubt if .....sell in may and go away....will work again Link to comment Share on other sites More sharing options...
GregFokker Posted March 24, 2020 Report Share Posted March 24, 2020 49 minutes ago, potatohead said: Just came out..... reassurance or advertising? you decide....this is an allocated or pooled program with owners sharing a 400 oz gold bar. It's so beautiful. I could stare at it all day long. It's so ...yellow and soft and heavy and smooth. Gold fever is a real thing. Link to comment Share on other sites More sharing options...
fxfox Posted March 24, 2020 Report Share Posted March 24, 2020 DAX closed at +10% Is that A LOT? Link to comment Share on other sites More sharing options...
fxfox Posted March 24, 2020 Report Share Posted March 24, 2020 Just now, GregFokker said: Gold fever is a real thing. It's an illusion. Link to comment Share on other sites More sharing options...
sandy beach Posted March 24, 2020 Report Share Posted March 24, 2020 We now return to our regularly scheduled selling of the US indexes. Link to comment Share on other sites More sharing options...
fxfox Posted March 24, 2020 Report Share Posted March 24, 2020 DAX 38 fibo at 10370 50 fibo at 11025 those are the targets Link to comment Share on other sites More sharing options...
fxfox Posted March 24, 2020 Report Share Posted March 24, 2020 S&P500 38 fibo at 2650 50 fibo at 2792 that's quite a long way to go. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.