Friday , 1 November 2024

Lorimer Wilson

Drop in Gold & Silver An Attempt to Crush PM Advocates (+2K Views)

Everyone personally holding physical gold and silver, as we have been recommending, has no margin call to meet and no reason to sell. This is a temporary situation, and it will pass. Now is not the time to panic, as that is the intent of the central planners/bankers in forcing gold and silver through strong support levels. Stay the course. To the extent you can, continue buying the physical metal.

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You’re Being Played! Don’t Sell Your Gold! It’s Going MUCH Higher – Soon! (+3K Views)

The paper gold market is being used to shake the bullish tree harder this time than any time before because of what is to come. Fear is the most powerful emotion in markets and it is being used perfectly to enrich the grand names of finance at your expense. We are right in front of that time when the market performs a classic bottom both in shares and physical. From this point gold is going to and through $3500 [so] if you are unable to buy at this time there is one thing you can do - to get into the fight and out of the stands. That act is do nothing, and do not capitulate. Let them play the price game, but give them nothing whatsoever of yours. Words: 758

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Don’t Look a Gift Horse in the Mouth! Now’s the Time to Buy Gold, Not Sell It

...[F]ollowing the crowd has never been the reason to buy gold. After all, that same logic would have recommended buying a house in Phoenix five years ago. Since the fundamentals still point to gold's long-term viability... why [are] investors responding by selling gold and buying dollars and euros? I was always told not to look a gift horse in the mouth... [so] take advantage of the dip. Words: 880

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Gold & Silver: Go “Get” While the Getting is Good! Here’s Why

There will come a time, and based on current charts no one knows when, that prices for gold and silver will become prohibitive and/or governments will do what they can to inhibit (steal) ownership, maybe even making it criminal to own or use in transactions. [That being the case we advocate that you go "get"] physical gold and silver [while the getting is good], consistently and at any price. The point here is not to “make money,” but to preserve and/or create wealth. [Let me explain.]

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Central Bank Gold Purchases up 17% – Here’s Why You Should Jump in or Top Up Too (+4K Views)

If central banks are preparing for a major change in the value of the dollar, shouldn’t we? The US dollar cannot and will not survive the ongoing abuse heaped upon it by government planners and federal officials. That not only means the gold price will rise, but that many, if not most currencies, will lose a significant amount of purchasing power. This has direct implications for all of us.

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Irrationality Reigns In the Gold Market: What Is Going On?

I have no problem with corrections in general, as they are a healthy part of any bull market and provide a platform from the which the next upleg can spring but something is not quite right about the recent price action in precious metals as the markets have become increasingly divorced from reality over the past few months. Let’s look at some of the glaring contradictions and then discuss the implications.

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