Gold is really getting whacked . Futures down $50.

big gold smash this morning. very fasts price destruction. it always is that way when they take it down. probably going to get hit for the next few days, then time to load up again.

Down $86 in gold. Margin calls all over the place is all the metals.

Gold down another 40. Futures hit 1884. Almost $200 down in two days. Longs totally crushed

Gee...you mean markets never do what we want when we want? :pound:

big banks rigging stress tests
 

They always do do what someone wants.

Got off the Novavax roller coaster today - still rooting for the vaccine development, but it was time to take the profits and put some away for next year's tax bill. The biotech landscape is now too political and nationalistic.

Sticking to more plain vanilla stocks.

I keep saying to myself...when is this going to end?

We cant be immune to whats happening to the world today....

With most of my losses gone....when is it time to put it into safer investments..

Too many questions..

https://www.cnn.com/2020/08/12/econo...gdp/index.html

i keep asking myself is it over? are we at a top? then i look at the dollar and it just wants to go down. i don't think we are at a top yet. but its not normal to see the consolidations so small and so fast either, but then again we live in an upside down world now.

S&P gonna make new all-time highs today? Or has it already? I didn't really look too hard...

Anyhoo...what does that tell us?

Is COVID-19(84) and its impacts not as bad as the general consensus makes it out to be? Is that what the market is signaling?

Who the F knows....

But I know one thing....my money is going under the mattress come November!!!

Great call! Closed 3380. :ThmbUp:

awesome Highernotte. i had it going in the opposite direction.

Buffet
 

https://www.zerohedge.com/markets/di...-dumps-goldman

he is buying Barrick Gold, not my favorite company right now. i like the miners that mine in the Western Hemisphere.

this is becoming a more insane world every day that goes by.

probably the best place to be now is the silver market. i doubt if the government will ever confiscate silver, its highly unlikely they take your gold away from you, but less likely with the silver. and the good part about silver is the denominations are less than gold.

if you got 1 oz silver eagles, the coin is only worth about $30 right now.