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InvisibleAsante
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UKRAINE CRISIS -- Gold and Silver are SOARING! * 1
    #27671192 - 02/24/22 04:45 AM (1 year, 10 months ago)

Horrible as the crisis is, it moves the markets as people hedge their investments.




Gold moving towards $2000/oz





Gold moving to $26/oz





€1 = $1.13


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OfflineThe Influence
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Re: UKRAINE CRISIS -- Gold and Silver are SOARING! [Re: Asante]
    #27671202 - 02/24/22 05:10 AM (1 year, 10 months ago)

Well that's good....people are going to die, but at least some will profit from it :awethumb:


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InvisibleAsante
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Re: UKRAINE CRISIS -- Gold and Silver are SOARING! [Re: The Influence]
    #27671268 - 02/24/22 06:50 AM (1 year, 10 months ago)

I didnt mean to be ghoulish over this crisis, but I know a lot of Shroomerites hold gold and silver, and might not be aware of the sudden movement.

Also, the rise of gold and silver is a big red flag that people are hedging their investments.

The crisis itself is a bad thing of course.




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OfflineForresterM
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Re: UKRAINE CRISIS -- Gold and Silver are SOARING! [Re: The Influence]
    #27671269 - 02/24/22 06:50 AM (1 year, 10 months ago)

You mean gold moving towards 2k and silver towards 26 :wink:

Wouldn't call that soaring for silver, but we all know it's worth more than that manipulated spot price says.


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Repugnant is a creature who would squander the ability to lift an eye to heaven, conscious of his fleeting time here.
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Have some medicinal mushrooms and want to get the most out of them?  Try this double extraction method.


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OfflineManianFHS
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Re: UKRAINE CRISIS -- Gold and Silver are SOARING! [Re: Forrester] * 1
    #27676294 - 02/27/22 10:14 PM (1 year, 10 months ago)

It’s hard to think about it from a profit standpoint when it comes alongside a crisis that affects so many people directly. Trying to think how I would feel in the shoes of a father in Ukraine having to send my family away to refuge and pick up a rifle. Scary shit, and I feel for them.

As fucked as I’m sure the markets have become as a result of this I have scarcely checked my Roth, and I know it’s significantly down. Oh well, could be much worse, could be living in a battleground :frown:


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notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

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InvisibleAhab McBathsalts
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Re: UKRAINE CRISIS -- Gold and Silver are SOARING! [Re: ManianFH]
    #27676543 - 02/28/22 05:26 AM (1 year, 10 months ago)

Diversification is the only free lunch.

I typically sit just under 10% in precious metals, and a couple names are doing really well like General Dynamics, and Nutrien.


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"Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."


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InvisibleAsante
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Re: UKRAINE CRISIS -- Gold and Silver are SOARING! [Re: Ahab McBathsalts]
    #27682053 - 03/04/22 06:27 AM (1 year, 10 months ago)

Long lines by the russian ATM's, Russia is experiencing a bank run.
The Moscow exchange dropped 30% in value since invading Ukraine.
Russia got kicked out of the SWIFT banking system too.

How dare I talk about economics in this time of humanitarian need?

The war machine needs roubles to keep running.

If this bank run precipitates a bank holiday or hyperinflationary crisis, its a serious blow to the war machine.



No more war.

Al Gore.

No more nuclear war.


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InvisibleTheFakeSunRa
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Re: UKRAINE CRISIS -- Gold and Silver are SOARING! [Re: Asante]
    #27682080 - 03/04/22 06:49 AM (1 year, 10 months ago)

Did you really post the exact same thing three times?


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[quote]Asante said:
You constantly make posts thatr fling middle school insults at people you don't like mixed in with maladjusted psychopathic comments about wanting to beat up the other poster with a crowbar.

You know how shit you are, you just don't give a fuck for precisely that reason.

I disendorse you.[/quote]


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InvisibleAsante
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Re: UKRAINE CRISIS -- Gold and Silver are SOARING! [Re: TheFakeSunRa]
    #27682090 - 03/04/22 06:59 AM (1 year, 10 months ago)

Its a post of significant content. They are not topics, just replies in ontopic places.


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