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Gold & Silver Eagle Sales Drop Sharply Due To Central Bank Intervention
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Thread: Gold & Silver Eagle Sales Drop Sharply Due To Central Bank Intervention

  1. #1
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    Default Gold & Silver Eagle Sales Drop Sharply Due To Central Bank Intervention

    Thanks to the Fed and Central bank intervention, sales of Gold and Silver Eagle sales declined sharply over the past year. Yes, it’s true… precious metals investors have lost interest in gold and silver as the stocks, real estate, and crypto markets reached new highs in 2017. So, who wants to continue purchasing gold and silver when many cryptocurrencies were experiencing 10% increases in a day.

    Historians will look back at 2017 as the year that asset prices went utterly insane. Of course, the cryptomarket enjoyed the highest gains compared to most assets, but many stocks hit bubble territory last year as well.

    Here is a small list of Big Gaining Assets in 2017:
    1.Dow Jones = +26%
    2.Nasdaq = +29%
    3.Netflix = +55%
    4.Amazon = +67%
    5.Caterpillar = +73%
    6.Bitcoin = +1,500%+

    Now, let’s look at the gold and silver price increases in 2017:
    1.Silver = +6%
    2.Gold = +14%

    While gold did go up more than double silver last year, many investors became frustrated with the metals and turned to making big gains in stocks and cryptos. Furthermore, the motivation to protect wealth by purchasing precious metals didn’t seem to matter anymore because the Dow Jones Index is supposedly going to 50,000 and Bitcoin, $100,000. So, with these sorts of gains in the future, why on earth would anyone want to buy precious metals?

    Investors and the public today have become totally irrational. Also, no one wants to work anymore. Instead, we rather put $5,000 in Bitcoin or the other 1,500 cryptos so we can retire to Tahiti with our massive Blockchain profits. Furthermore, if we watch some of the videos by the crypto aficionados, that is precisely what they are doing… well, at least on a temporary vacation basis. Nothing like learning about cryptos from someone sitting on the beach drinking cocktails.


    http://silverseek.com/commentary/gol...rvention-17244
    I'm a proud member of Eggshellman's Liar, Shill, and bully club and a new member of the Super Jew Defense League!!!

  2. #2
    Join Date
    May 2007
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    Default

    I think this is pathetic trying to blame the FED for doing the same thing the SilverSellers do on a non-stop basis.

    Is it really the FEDs fault that investors see some real investment opportunity in the stock market versus precious metals that have been flat for years???

    And what about those risk takers jumping into BitCoin versus throwing their money at the casino from hell, it's new and it's looking far more profitable, why not???
    I'm a proud member of Eggshellman's Liar, Shill, and bully club and a new member of the Super Jew Defense League!!!

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