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Faiz

Silver Premium Member
  • Posts

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    United Kingdom

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  1. Like
    Faiz reacted to silenceissilver in The coming Gold crash   
    First deflation before Hyperinflation was the more likely scenario all along. As said before, the Corona version of the crash is now about to shorten the deflation phase of the crisis. Even if not, gold and silver were expected to fall at the beginning of the crisis and to both have their time during the crisis, gold first, silver later but stronger.
    And yes, a supply and demand shock that we have now meeting more money devalues money of course. It's about to go directly into the real economy not into the bubbles as in the past (banking rescue packages after 2008). Of course the bubble money is also still there and ready to flood the real economy once a hyperinflation is being triggered
  2. Haha
    Faiz reacted to Kman in The coming Gold crash   
    Thanks, this just confused me more 🙈
    Why is gold going down because money has been lost for sweets?
    I'm not even sure what gold is in this analogy.. the sweets? 🙈 why would the sweets cost less because someone lost their money?
  3. Haha
    Faiz reacted to Wonger in The coming Gold crash   
    Ok your in the sweet shop and your excited looking at all the sweets as they look so damn tasty,, you chose your sweets and go to the counter only to find you lost your money on the way to the sweet shop, your now deflated, but it was avoidable if you had only done your homework and checked you still had your money before choosing your sweets!
  4. Haha
    Faiz reacted to sixgun in The coming Gold crash   
    Wonger points to the concentration of shorts in the hands of the usual suspects - that they always win. 
    Today a LBMA market maker hit the buffers due to shorts in the OTC market. It is suspected this is UBS that is in trouble. They are in trouble due to their shorts.
    Miners and closing - refiners are closing - there is a shortage in the retail market - interest in gold and silver is ramping up - interest in holding physical. There is no Brown's Bottom to bail them out it is simply more paper but the rush is into physical.
    When Wonger started his silver thread he made out silver would go to $4 - it didn't. The situation in favour of price rising is even stronger. 
    Wonger says he has been short today - he is underwater. Perhaps JMP and Goldmans will throw him a lifeline. 
  5. Like
    Faiz reacted to richatthecroft in The coming Gold crash   
    @Wonger I would love to know what crystal ball’s or bolloxs you are looking into? 
    I personally don’t profess to understand or have the ability to interpret any of the charts and stats you post- but are they worth a fiddlers fig at this point in time?  
    This current worldwide situation is unprecedented- I’m pretty sure there is no chart or stat in history to liken it to.  
    I would suggest there isn’t a government, analyst, broker, investment house, market commentator blah, blah, blah. Who knows where any of this is going- let alone where it’ll end up.  All the people in the ‘know’ appear to be flailing around currently- and frankly, it inspires little confidence to us great unwashed.
    Why not comment constructively and in a helpful way? why not stick to your own strategy? why would someone so confident of the future worry what a few people on a Forum are doing?
    I’m pretty certain that few people here are your target audience for your drivel.
    Save it for the canteen and your  ‘boooooom!!!’ boys- the same boys who piled into a drug discovery company I have been watching on the NASDAQ when the Coronavirus hit- piling in and ramping it up to over double its value- and what drug are they developing? An antibiotic to treat the Clap! Jeez....
  6. Like
    Faiz reacted to sixgun in The coming Gold crash   
    People of the forum are looking for physical gold and silver. We don't give a flying f*ck what JPM and Goldmans are doing - there isn't a lot of physical around, so if JPM and Goldman could flood the market with physical that would be great - but they won't - they are doing the same as us - stacking physical. We are on the same side.
  7. Like
    Faiz reacted to mr-dead in The coming Gold crash   
    the reality is no one has a crystal ball.
    put your money where your mouth is and don't worry about what everyone else is doing.
  8. Like
    Faiz reacted to Minimalist in The coming Gold crash   
    Overcapacity is truly set in, paper markets are manipulated, central banks are pumping in trillions left right center to keep bonds at artificial rates, contracts cant promise/deliver physical, and you think this is going down? Seriously? Like.... Seriously?
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