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Discussions tagged with 'Gold and Silver'
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Is there a reason why silver and gold is getting crushed today? Both silver and gold tanked the past couple of days, especially silver where is plummeted over $32.00 plus an ounce which is a major blow to silver stackers. Price of silver plummeted hards in the past two days where many precious metals investors are panicking and on life support? Is silver going to continue crashing and tank in 2026 after skyrocketing from $30.00 to $120.00 an ounce in a matter of a few months> .Why is prrice of silver plummetting over 30% today? Both Gold and Silver are getting hammered where the spot price of silver is trading at $79.00 and spot price of gold is at $4,700.00 and ounce. In terms of percentage, silver is down 31% and gold is down 11%. Are the big banks manipulating the price of silver or is it a market correction. The sudden crash of precious metals, especially silver, seems like someone is manipulating the globally widely talked about precious metal of choice. If you can share any information why silver go down so much today, it would be greatly appreciated. Financial Analysts and Economists at Great Community Authority Forums (GCA FORUMS) still have a strong buy recommendation on both gold and silver and have not changed their stance on their strong buy recommendation and forecast of silver at surpassing $1,000 per ounce in the next six to eighteen months.
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Gold and Silver Prices Surge. The economy continues to plummet. Inflation keeps on surging like an runaway freight train. The Dow Jones Industrial Average and other indices continue to surge and tank like a blind Eagle out of control. Mortgage rates back over 7% is killing the housing market and signaling the worst financial and housing economic climate and crisis. This is the biggest financial bubble bomb in United States has, had, and will face.
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Peter Schiff REPORTS on Gold & Silver Sell-Off on Friday due to China stop buying Gold after 18 month buying streak. Government of China buying on Friday alarmed investors. Gold fell $40 per ounce on the initial news of the government not buying Gold. Then later in the day when economic data was released another $30 dollar an ounce dropped to end $70 per ounce for the day. With the economic news of surplus, China will be buying Gold. Non-farm payroll came out better than expected which are not accurate. Weak employment is the fact but government has a track recording of deceiving numbers. The economy is not stable.
https://www.youtube.com/live/dJiWMAJ0m_I?si=ENDLlN0LqtScI08g
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With all this talk about the United States printing money, and running 31 trillion dollars in deficit, should the United States buy Gold and Silver?
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I am seriously thinking investing a substantial portion of my liquid assets to precious metals. What would you recommend between Gold and Silver to invest?
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