Anyway LokmarL okmeer here's a really informative video about the reasons for the rise in gold & why the stock markets or equities could be in for a correction possibly next year:


Among the speakers on YouTube I thought this guy Alisdair McLeod was among the most credible. Because he doesn't sensationalize anything & doesn't predict $10 or $20,000 Gold. He jus says it will go up & last year accurately predicted the current price rises we're witnessing today with gold & silver.

But he gives credible reasons based on sound logical economic analysis based on his experience as a banker.

Quote from: JOE on May 21, 2024, 11:15:21 AMAnyway LokmarL okmeer here's a really informative video about the reasons for the rise in gold & why the stock markets or equities could be in for a correction possibly next year:

Among the speakers on YouTube I thought this guy Alisdair McLeod was among the most credible. Because he doesn't sensationalize anything & doesn't predict $10 or $20,000 Gold. He jus says it will go up & last year accurately predicted the current price rises we're witnessing today with gold & silver.

But he gives credible reasons based on sound logical economic analysis based on his experience as a banker.

josephine, you really dont need to listen to these people although they do repackage some info decently. All year long, we've known the fed would have to cut interest eventually or the economy will shit the bed. The latest they'll do this is September because of the election benefit to biden. We also know when this happens, the dollar will devalue and metals will go up. China knows this too and is moving out of a soon to be devalued dollar. Its not rocket science.

Quote from: Lokmar on May 21, 2024, 12:48:04 PMjosephine, you really dont need to listen to these people although they do repackage some info decently. All year long, we've known the fed would have to cut interest eventually or the economy will shit the bed. The latest they'll do this is September because of the election benefit to biden. We also know when this happens, the dollar will devalue and metals will go up. China knows this too and is moving out of a soon to be devalued dollar. Its not rocket science.

They say usu the coming summer months will be a slow time for metals until the fall when metal prices should move up more dramatically.

This is what happened last year.

So if that is any indication gold & silver may stall or go sideways for now & then move up come September right through the fall  end of 2024 and early in 2025.

By then gold might surpass $2600 or be in that range.

Maybe silver will be closing in on $34-36 an ounce in 2024? $36- $40 in 2025?

But later in 2025 and after all bets are off & things could get wonky or go haywire. That's when prices could shoot up quite rapidly right into 2026.

...sound about right?

That's just my hunch.

Hey LokmarL okmeer, here's a YT video I just saw from an Industry Expert/Insider who agrees with your idea that Platinum is 'The New Gold' and the place ta be, eh?


Here's a full interview:


His premise rests on the hybrid vehicle industry & the emerging hydrogen energy sector.

Quote from: JOE on May 21, 2024, 01:56:11 PMThey say usu the coming summer months will be a slow time for metals until the fall when metal prices should move up more dramatically.

This is what happened last year.

So if that is any indication gold & silver may stall or go sideways for now & then move up come September right through the fall  end of 2024 and early in 2025.

By then gold might surpass $2600 or be in that range.

Maybe silver will be closing in on $34-36 an ounce in 2024? $36- $40 in 2025?

But later in 2025 and after all bets are off & things could get wonky or go haywire. That's when prices could shoot up quite rapidly right into 2026.

...sound about right?

That's just my hunch.

I say the same pattern will hold. It will continue a steady climb with very short terms of stagnating. In 3 months, silver has increased about $10. No reason to think another $3 to $5 isnt likely.

Quote from: Lokmar on May 22, 2024, 10:56:56 AMI say the same pattern will hold. It will continue a steady climb with very short terms of stagnating. In 3 months, silver has increased about $10. No reason to think another $3 to $5 isnt likely.

I don't think yer wrong about Platinum LokmarL okmeer.

I'm getting interested in dabbling inta it some more.

Go gradually in, eh.

Gold Silver & Platinum remind me a bit of a line in hockey

Left Wing, Right Wing and the Center.

Maybe Gold is a bit like the Center & the two wingers are Silver & Platinum.

Feed the other other & they feed on each other.

Pass the puck to one when it's goin' good & pass it back to the other when theyre movin' u faster. That's what they do in hockey. You getta good line in hockey and of course they can score a lotta goals.

I'm startin ta look into mining stocks and ETFs too.

Anyways, I noticed Platinum is down today so it may be a good buy right now.

I've decided I'll keep all 3 in my metals portfolio & buy 'em when the time is right.

Mind you, Gold is too expensive now. It's shot up to much. Heck the price of Gold in US dollars is very close to where it was in CANADIAN dollars last year. $2500 US for an ounce of gold. Last year in Canada you could get that for $2600-$2700 CANADIAN. Not anymore tho. That's when I bought most of it.

So..at the current price of Gold, Silver & Platinum seem ever more attractive ta buy into.

May as well buy Platinum if you can get 2.5 ounces of it for every ounce of Gold

Quote from: JOE on May 22, 2024, 02:40:08 PMI don't think yer wrong about Platinum LokmarL okmeer.

I'm getting interested in dabbling inta it some more.

Go gradually in, eh.

Gold Silver & Platinum remind me a bit of a line in hockey

Left Wing, Right Wing and the Center.

Maybe Gold is a bit like the Center & the two wingers are Silver & Platinum.

Feed the other other & they feed on each other.

Pass the puck to one when it's goin' good & pass it back to the other when theyre movin' u faster. That's what they do in hockey. You getta good line in hockey and of course they can score a lotta goals.

I'm startin ta look into mining stocks and ETFs too.

Anyways, I noticed Platinum is down today so it may be a good buy right now.

I've decided I'll keep all 3 in my metals portfolio & buy 'em when the time is right.

Mind you, Gold is too expensive now. It's shot up to much. Heck the price of Gold in US dollars is very close to where it was in CANADIAN dollars last year. $2500 US for an ounce of gold. Last year in Canada you could get that for $2600-$2700 CANADIAN. Not anymore tho. That's when I bought most of it.

So..at the current price of Gold, Silver & Platinum seem ever more attractive ta buy into.

May as well buy Platinum if you can get 2.5 ounces of it for every ounce of Gold

I see it like this:
Gold is real money. It's the king of metals. It also has real world industrial use
Platinum is even more rare but it isnt real money. Its value to industry is huge and its value is demand driven. It behaves the opposite of gold.
Silver is the middle ground. It is money and industrial in balanced amounts. It can and has been more easily manipulated because the money people dont value it as much as gold and the industry people are interested in keeping its price down for their bottom line.

Quote from: Lokmar on May 22, 2024, 03:02:41 PMI see it like this:
Gold is real money. It's the king of metals. It also has real world industrial use
Platinum is even more rare but it isnt real money. Its value to industry is huge and its value is demand driven. It behaves the opposite of gold.
Silver is the middle ground. It is money and industrial in balanced amounts. It can and has been more easily manipulated because the money people dont value it as much as gold and the industry people are interested in keeping its price down for their bottom line.

Well, if that's the case - then given that the economy everywhere seems to be in the doldrums, when it picks back up again, the demand for Platinum & Silver should increase & so should the price.

Seems when the economy is slow, companies and even nations (such as China) start mining or stacking resources. Apart from a sluggish economy this gives them ammo when the economy recovers to start the industrial production again.

Clearly, there is this effort to create this 'New Economy'. Includes Green Technologies, Electric, Hybrid, Hydrogen power. So when they expand the price moves should be even more dramatic than the 10% moves we've seen in the last couple of months.

Other words, buy when the economy and demand is low.

When it picks up, reap the rewards from those investments.

Copper & Lithium should be added to the watchlist as well LokmarL okmeer.

I was lookin' around the other day for 1 lb. copper bars.
Guest what? Couldn't find. 'em, they were all sold out, like on this website, Silverbull

https://silvergoldbull.ca/copper?shape=Bar&order=price&dir=desc&c1=GAW_SE_NW&source=CAN_BRD&cr2=search__-__nw__-__can__-__desktop__-__mod_brd&kw=copper_bars_brd&cr5=545814079157&cr7=c&utm_source=google&utm_medium=cpc&utm_campaign=search__-__nw__-__can__-__desktop__-__mod_brd&utm_content=search__-__nw__-__can__-__desktop__-__mod_brd&utm_term=copper_bars_brd&gad_source=1&gclid=CjwKCAjwr7ayBhAPEiwA6EIGxAWc3MsbYka1CJCh3t4PbUCano6K6R29LtgYRTRl6W6-HTzcKk1HBxoCTbcQAvD_BwE

...if you look for the heavier weights, 1 lb, 10 lb, there's no stock. Just the small coins and bars.

Platinum might be the place ta be...eh LokmarL okmeer.
Palladium too...which appears to be quite undervalued.
Palladium, even more rare than Platinum, eh.

Gold has been expensive lately.
Even China is buying less at these prices.

I'd say gold way stay between $2300-$2400 for a while.
Silver will trade between $29-32 as well.

A person can buy 2 ounces of Platinum or Palladium & a bit for every ounce of gold at current prices.

I think Gold has made most of its gain for the year, if not all of 'em.
Now ya see all these YT videos that say "Don't Buy Gold!" Well stands to reason since its reached much of its short term protential at the moment. It's jes a little too pricey.

so it's better to graze in cheaper pastures, eh.

I think yer right - that an investor should put their money somewhere where there's more potential. All the latest hype says that 'Silver is the New Gold'.

But I don't think so. More likely Platinum, Palladium or both.

Quote from: JOE on June 12, 2024, 12:55:16 PMPlatinum might be the place ta be...eh LokmarL okmeer.
Palladium too...which appears to be quite undervalued.
Palladium, even more rare than Platinum, eh.

Gold has been expensive lately.
Even China is buying less at these prices.

I'd say gold way stay between $2300-$2400 for a while.
Silver will trade between $29-32 as well.

A person can buy 2 ounces of Platinum or Palladium & a bit for every ounce of gold at current prices.

I think Gold has made most of its gain for the year, if not all of 'em.
Now ya see all these YT videos that say "Don't Buy Gold!" Well stands to reason since its reached much of its short term protential at the moment. It's jes a little too pricey.

so it's better to graze in cheaper pastures, eh.

I think yer right - that an investor should put their money somewhere where there's more potential. All the latest hype says that 'Silver is the New Gold'.

But I don't think so. More likely Platinum, Palladium or both.

I told your dumb ass to buy Platinum already, josephine. Silver will hit $36 BTW, mark my words.

Quote from: Lokmar on June 12, 2024, 09:14:40 PMI told your dumb ass to buy Platinum already, josephine. Silver will hit $36 BTW, mark my words.

I like her idea of platinum Lokmeer, particularly since its falling in price lately & may remain low for the remainder of the summer.

Get Platinum at $900-950 spot when it falls a bit more.

Mind you Platinum hasn't moved at all in 5 years. Back then I coulda bought it for $1000 US per ounce but it's still that price. Actually it's a bit cheaper. Factor in inflation since that time & the growing demand in hitech/green energy projects and it does seem undervalued. In reality today's prices adjusted for inflation  would be just $800-850 in 2019 dollars per ounce. So that indicates a very depressed or suppressed price. The current price isn't reflected in its increasing demand & utilization.

Also increased geopolitical conflicts especially with political instability in South Africa and them aligning themselves with China. So platinum will be much harder to get hold of. S Africa has 90% of the world supply.

I suppose theres Palladium if platinum runs short but much of its supply is in Russia another politically unstable, volatile region unfriendly to US interests.

So both metals hold a lot of promise to go up in the future.

Personally I'd go long on Platinum and not expect it to return much for as much as 5 or even 10-15 years.

But I'm sure it's time will come if a can live long enough.

I might try ta stack 10 ounces or so. Maybe a few of Palladium which the metal sellers are havin a difficult time unloading it. Apparently it's on special I suppose cuz a lotta buyers got burned on it last paying $4000 per ounce.

https://sdbullion.com/1-oz-platinum-american-eagle-coin-random-dates

Buy it up, josephine.

HEAVY METAL IS WHERE IT'S AT

GO BUY A WHOLE BUNCHA IT

DON'T TRY TO STEAL IT

OR YOU'LL BE BREAKING THE LAW

Quote from: Lokmar on June 12, 2024, 09:52:20 PMhttps://sdbullion.com/1-oz-platinum-american-eagle-coin-random-dates

Buy it up, josephine.

Here's one I'm quite interested in LokmarL okmeer:

https://online.kitco.com/buy/802/1-oz-Palladium-Canadian-Maple-Leaf-Coin-9995-802

1 oz Palladium Maple Leaf coin for $1050 US.

Only problem is, it's not available in Canada even tho Kitco who sells it, is a Canadian company with its head office in Montreal.

It's too bad since only Americans can buy it at that price.



I'd try ta git a few of those if I could

for some reason, altho they were made in Canada, the Palladium Maple Leaf coin is virtually impossible to find here.

I'm really iffy on buying Palladium bars because they might be hard to sell later on. If they got legal tender status with some government stamp or denomination then there might be a buyer evetually.

Quote from: JOE on June 14, 2024, 12:35:38 AMHere's one I'm quite interested in LokmarL okmeer:

https://online.kitco.com/buy/802/1-oz-Palladium-Canadian-Maple-Leaf-Coin-9995-802

1 oz Palladium Maple Leaf coin for $1050 US.

Only problem is, it's not available in Canada even tho Kitco who sells it, is a Canadian company with its head office in Montreal.

It's too bad since only Americans can buy it at that price.



I'd try ta git a few of those if I could

for some reason, altho they were made in Canada, the Palladium Maple Leaf coin is virtually impossible to find here.

I'm really iffy on buying Palladium bars because they might be hard to sell later on. If they got legal tender status with some government stamp or denomination then there might be a buyer evetually.

I have one. BTW, SD Bullion has them for $1047 today. However, you can get a Platinum Britannia on sale for $1026.

Are you telling me SD Bullion wont ship to you sorry fuckers in Cucknadia?