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Thread: Gold and Silver Correcting

  1. #1

    Default Gold and Silver Correcting

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.


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  3. #2

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    Default Re: Gold and Silver Correcting

    Can't wait to hear what the bugs have to say about this.

    Miners rolling over too, down around 15% from last Wednesday's open.

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  5. #3

    Default Re: Gold and Silver Correcting

    Gap filled. Now what?

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.

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  7. #4

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    Default Re: Gold and Silver Correcting

    Silver and Gold settling down a little bit, into their new respective ranges? Anyone buying or selling metals here?

    silvergold.PNG

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  9. #5

    Default Re: Gold and Silver Correcting

    I've been shorting silver -- a bit too long. Making some of those losses back since I started shorting on 7/24 near $23.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.

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  11. #6

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    Default Re: Gold and Silver Correcting

    Quote Originally Posted by tsptalk View Post
    I've been shorting silver -- a bit too long. Making some of those losses back since I started shorting on 7/24 near $23.
    And you've got your TSP Talk coins as a hedge!

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  13. #7

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    Default Re: Gold and Silver Correcting

    Quote Originally Posted by bmneveu View Post
    Silver and Gold settling down a little bit, into their new respective ranges? Anyone buying or selling metals here?

    silvergold.PNG
    I like silver. Not only is it on an upswing, but it also has a ways to go to return to historical comparisons to gold.
    Also, what do you think about adding metals to an IRA?
    There are 10 types of people in the world. Those who know binary, and those that don't!!
    Retired on December 31, 2018!!

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  15. #8

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    Default Re: Gold and Silver Correcting

    Quote Originally Posted by uscfanhawaii View Post
    I like silver. Not only is it on an upswing, but it also has a ways to go to return to historical comparisons to gold.
    Also, what do you think about adding metals to an IRA?
    I like the idea of having some in precious metals for diversification, amount depending on proximity to retirement. I'm 33 and have about 1% in, not including the wifey's jewelry. I'll probably bump that up to the 5-10% range or so over time as I get older and prefer less volatile investments. Like bonds. But for now, I just don't see anything out there coming close to the expected returns of stocks. Maybe venture capitalism, but that's super high risk / super high reward. Crypto too.

    My portfolio right now is roughly:

    40% - real estate (equity in house)
    40% - stocks
    15% - cash
    4% - crypto
    1% - precious metals

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  17. #9

    Default Re: Gold and Silver Correcting

    Quote Originally Posted by tsptalk View Post
    I've been shorting silver -- a bit too long. Making some of those losses back since I started shorting on 7/24 near $23.
    Covering my short position in silver this morning. That was quite a ride.

    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.


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