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Why is gold plummeting tonight???? PANIC!!!!

 
Keilani  (OP)

User ID: 80358879
United States
08/08/2021 09:16 PM

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Re: Why is gold plummeting tonight???? PANIC!!!!
Unloading ETF's.
 Quoting: Broose


Why though?
 Quoting: Keilani


They want to buy physical gold...and lots of it...so they smash the price down before they make the purchase.
 Quoting: Anonymous Coward 78452921


I'm thinking it must be something along those lines, because we all know inflation is rampant.
Anonymous Coward
User ID: 78452921
United States
08/08/2021 09:19 PM
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Re: Why is gold plummeting tonight???? PANIC!!!!
Unloading ETF's.
 Quoting: Broose


Why though?
 Quoting: Keilani


They want to buy physical gold...and lots of it...so they smash the price down before they make the purchase.
 Quoting: Anonymous Coward 78452921


I'm thinking it must be something along those lines, because we all know inflation is rampant.
 Quoting: Keilani


If they are wanting to buy alot of physical...something bad is coming!

It used to be just for profit...but this feels different. This feels more like desperation...perhaps panic.
Keilani  (OP)

User ID: 80358879
United States
08/08/2021 09:27 PM

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Re: Why is gold plummeting tonight???? PANIC!!!!
Once we have hyperinflation owning gold will be illegal. I think top people are working on it as we speak
 Quoting: Paxdragon


It's not possible to not have hyperinflation with all the printing of money.
Anonymous Coward
User ID: 80293826
United States
08/08/2021 09:33 PM
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Re: Why is gold plummeting tonight???? PANIC!!!!
In 2 weeks we will find out! Metals coming back up now, glad I got the dip!
Keilani  (OP)

User ID: 80358879
United States
08/08/2021 09:37 PM

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Re: Why is gold plummeting tonight???? PANIC!!!!
...


Why though?
 Quoting: Keilani


They want to buy physical gold...and lots of it...so they smash the price down before they make the purchase.
 Quoting: Anonymous Coward 78452921


I'm thinking it must be something along those lines, because we all know inflation is rampant.
 Quoting: Keilani


If they are wanting to buy alot of physical...something bad is coming!

It used to be just for profit...but this feels different. This feels more like desperation...perhaps panic.
 Quoting: Anonymous Coward 78452921


Yeah, and all these elite CEOs stepping down, they want to buy up their gold before bugging out on their super yachts.
Keilani  (OP)

User ID: 80358879
United States
08/08/2021 09:37 PM

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Re: Why is gold plummeting tonight???? PANIC!!!!
In 2 weeks we will find out! Metals coming back up now, glad I got the dip!
 Quoting: Anonymous Coward 80293826


Why? What's going to happen in two weeks?
Anonymous Coward
User ID: 80684702
United States
08/09/2021 02:46 AM
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Re: Why is gold plummeting tonight???? PANIC!!!!
Seriously guys, what's up? This makes no sense.

Almost down 50 bucks already on a Sunday night.

[link to www.kitco.com (secure)]
 Quoting: Keilani


paper market shenanigans. They can force the paper price to near zero, but if you don't hold it, you don't own it. Heads up for potential economic or kinetic false flag this week, somethings fucky.
 Quoting: Anonymous Coward 71080834


War?
 Quoting: Keilani


something incoming this week.
 Quoting: Anonymous Coward 80696733


Sooner than later - I over did it at TacoBell.
SpeakerOfDarkSentence​s

User ID: 80720781
Norway
08/09/2021 09:03 AM
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Re: Why is gold plummeting tonight???? PANIC!!!!
I hope all those who have recommended gold and forcasted prices above $2000 are totally loaded with gold!!
Anonymous Coward
User ID: 77049126
United States
08/09/2021 09:07 AM
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Re: Why is gold plummeting tonight???? PANIC!!!!
Metals dip this time of year, especially silver.


Not going to get into the reasons, they'll all bounce back up around the end of October.
Anonymous Coward
User ID: 80491485
United States
08/09/2021 09:12 AM
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Re: Why is gold plummeting tonight???? PANIC!!!!
Seriously guys, what's up? This makes no sense.

Almost down 50 bucks already on a Sunday night.

[link to www.kitco.com (secure)]
 Quoting: Keilani


Because moneys leaving precious metal and running for crypto

have ya seen bitcoin/etherium lately?

bananasex
SpeakerOfDarkSentence​s

User ID: 80720781
Norway
08/09/2021 09:16 AM
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Re: Why is gold plummeting tonight???? PANIC!!!!
They short sell paper gold to manipulate the price down then buy physical with both fists.

Happens all the time.

- MC
 Quoting: Anonymous Coward 78452921


So they are getting more short in order to get out of their short positions?
The Woodsie

User ID: 77710361
United States
08/09/2021 11:31 AM
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Re: Why is gold plummeting tonight???? PANIC!!!!
been waiting for a dip to buy on. Time to Stack 'em? Or wait for another, deeper bottom?
dance
Goldtards: We Ride!





GLP