Official ODT Silver Thread

[500mag]

Anything below 1500 in Gold and 17 in Silver is a buying opportunity, as the trend is up.

 

[Horsehat]

I have to wonder if the metal market is predicting greater inflation based on increasing the money supply in the face of recession predictions.

 

[500mag]

I have to wonder if the metal market is predicting greater inflation based on increasing the money supply in the face of recession predictions.

Negative interest rates in a lot of countries.

 

[Jeddak]

Yep, Scandinavian and Western Europe. They want you to spend money, not save.

 

[500mag]

Yep, Scandinavian and Western Europe. They want you to spend money, not save.

Yep, unfortunately the savings rate has not dropped appreciably in those countries. There is an article with the data on that subject on Zero Hedge yesterday.

 

[500mag]

There is over $16T worth of negative yielding debt globally and counting. That will be rocket fuel for PMs.

 

[Horsehat]

Negative interest rates in a lot of countries.

Not only are the banks paying negative interest rates, in some cases they are making mortgage loans on negative interest rates. I just have a hard time wrapping my mind around that.

 

[Jeddak]

Makes you wanna take all the cash out of the bank, doesn't it?

 

[3clicks_Off]

Not only are the banks paying negative interest rates, in some cases they are making mortgage loans on negative interest rates. I just have a hard time wrapping my mind around that.

Makes you wanna take all the cash out of the bank, doesn't it?

Hustling with your cash money's yo

 

[timbgtm]

17.01 buy by buy?