spot gold & silver both crashing

[GigiBronz]

An article out on the subject:

gold-s-volatility-emptying-jewelry-boxes-in-a-wild-selling-spree?

[Old Greg]

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

So hoard cash before the government bans it?

Sounds lovely.

Hoard ammunition before the government bans it.

[scooterscot]

Negative interest rates are perfectly do-able

So hoard cash before the government bans it?

Sounds lovely.

[GJABS]

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

Negative interest rates are perfectly do-able

[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.

[scooterscot]

Ich auch... aber Heute nicht.

[BrilloPad]

I thought in times of trouble gold did well?

[Paralytic]

Metals still liquid enough.

In that case, buy Mercury!

[scooterscot]

Will reverse once the FED intervenes in the market.

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

[TwoWolves]

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

Metals still liquid enough.

Will reverse once the FED intervenes in the market.

[AtW]

Smart investors now buying toilet paper and AR-15s

[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!