spot gold & silver both crashing

[scooterscot]

Gold & silver bugs throwing their toys out the pram at the minute.. Especially Silver, what's going on? Not seen anything like this since 2008...

note how Silver just crashed through the 200-day moving average - that's very concerning!

[AtW]

Smart investors now buying toilet paper and AR-15s

[TwoWolves]

Margin calls are requiring investors to liquidate positions. Investing 101.

Metals still liquid enough.

Will reverse once the FED intervenes in the market.

[scooterscot]

Will reverse once the FED intervenes in the market.

Intervenes how? Rates are already on the floor. No ammunition l left.

[Paralytic]

Metals still liquid enough.

In that case, buy Mercury!

[BrilloPad]

I thought in times of trouble gold did well?

[scooterscot]

Ich auch... aber Heute nicht.

[DealorNoDeal]

Rates are already on the floor. No ammunition left.

That's true of the Eurozone. And the BoE only has 0.75% room for manoeuvre.

But the Fed still has 1.75% to play with before they hit zero. They'll almost certainly cut in March.

[GJABS]

Intervenes how? Rates are already on the floor. No ammunition l left.

Negative interest rates are perfectly do-able

[scooterscot]

Negative interest rates are perfectly do-able

So hoard cash before the government bans it?

Sounds lovely.