Precious metals

Increasing rates by .25 to me shows the fed still doesn't have confidence and does not show we have an improving economy. It also doesn't mean they will continue to raise rates in the near future. They simply cannot afford to, hence why it only raised by .25.

I think, IMO, they raised rates by .25 just to say they can. Again, .25 is not a significant rate raise to mean what the fed intends for the public think. Then again, maybe the public does think .25 is a significant raise.

 

I doubt it. Hell probably come here and argue that they didn't actually go up too

Apparently .25>0 is over some people's head haha

 

.000001 is also >0, but also insignificant.

 

Did that one guy finally get banned?

 

Luckily all I said was that there was a rate hike...

 

Nope he just left and started a second thread for him to spew the same nonsense in.

 

Gold and Silver have been in the dumps for quite some time now. like I've told many friends....keep buying a little here, and there with your paycheck...we all know what real money is, historically speaking.

 

Pretty much sums up everything he posts.

 

Meanwhile as gold and silver continue to get crushed this year I urge anyone seeking a PM investment to use caution and if considering a placement of PM to look at dollar cost averaging.

 

You never know when things will turn around. Like I said, just buy a little here and there. It's always a good idea to own PM in anyone's portfolio.

 

Correct. DCA is basically having the discipline to buy the same amount over a specific time period to reduce you risk. IE buying $500 each month and owning more when the price is low and less when the price is high. Remove emotion from the decision and stick to your plan.

 

When we buy into a dropping market, we call that buying in. It takes a strong stomach, and a long view of things. I see long term dropping commodities, including PM.

Personally, I am buying into a falling stock market, but I have a 15 year window, and heavy funds in T bills. This is based on slowly rising interest rates. And mining is tanking.

We keep no cash or valuables at home.

Howard

 

We like to call buying into a dropping market as "trying to catch a falling knife", PMs up as equities sell off today, stay weary.

 

I’m still here, my bear market ETF still sitting at about the same. Best was +38%, worst was -8%. I’m at about -2%, been plus & minus for awhile now. PM’s overall on downward trend, further down. Still keeping my investments the same. Market holding up longer than I expected. So far the "anti-PM & anti-crash” guys (Jekyll, hetkind, etc) proving me wrong. I’ll be dropping back by again.

 

Just to clarify. I'm not "anti-PM" I'm simply "pro-profit". I'm in whatever makes the most money during any given period. I've bought gold coins and silver bars in the past, not is numismatic junk but real bullion as an investment and hedge. It just turns out that we're still in a bull market, albeit at the tail end. So I will continue to be long my favorite stocks for the time being. You are correct in saying I'm anti-crash/collapse/zombie/apocalypse...

 

Palladium's taken another dive after hitting 5yr highs... anyone thinking of adding to their portfolio?

 

I almost placed an order but they were out of stock and the coins I want just came available so I order more silver...
I want to get some Palladium and add some more gold....

 

Cool, I thought you were totally anti-PM’s. LOL on the Zombies.

 

Nah I'm just anti-losing money. I'm a capitalist so I will go where the opportunity lies. I just don't happen to believe in this mumbo jumbo China taking over the world end of the dollar bullshit. Market's been in a bear market for over a year and yet we ain't blowing up and collapsing.