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Gold & Silver Price Update – March 6, 2020 + Coronavirus Fears



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33 Comments

  1. @iGold Advisor As soon as Christopher suggested buying Impact Silver I jumped on it and watched my stock climb mountains over the ensuing weeks. When the Covid-19 crash started to effect my silver stocks I was worried but considered riding it out. I'm so grateful Christopher put out this vid when he did. I made the decision to sell and have already saved myself an $800 heartbreak. I'm convinced that if I had been a premium subscriber I would've lost nothing and perhaps gotten out with some gains. I'm using the cash I've freed up to go get a premium subscriptions!

  2. Gold and Silver are operating as they did in the last crisis. Silver and Gold were dumped due to covering margin calls, once those were flushed out and the stimulus had begun Gold went to an all-time high. Gold has fallen what over 150 bucks. It won't be much longer till it starts skyrocketing.

  3. Now a week later, who sold some of his physical? Paper gold is down to 1480. And you hardly get delivered an once even above 1600 anywhere in the world!!! Now either you got it or you don´t!

  4. yes there are two paths you can go by, but in the long run, there's still time to change the road your on. Led Zeppelin

  5. Did our country have $23000000000000 of debt in 1985-87. I really would appreciate you including all variables to the equation. I will continue to do what I have been doing. Purchasing as much silver @ below $20.00 an ounce. It is a wonderful buying opportunity today and if it goes down I'll be getting twice as much. Don't count on low premiums @$12.00 an ounce.

  6. Two words: margin call.

    With all due respect, this is what you miss by focusing too closely on wiggly lines. This happened in 2008. At the beginning of the crash, people/traders sold everything they could to cover their debts. The effect was a sudden, steep and unexpected decline, followed by a sustained rise to new hights.

  7. What he is saying regards Bonds/fiat having safe haven status is correct until…………….people lose confidence in Government, then Gold and Silver will explode.

  8. Hahaha! Gold outlived pending 5000 years all currencies (especially papers) , kings, empires ect. It will outlive you too, dear speaker. With minus rates the Eon of Gold starts.

  9. chart/technical analysis on ratio of two – is a derivative and therefore highly speculative; I would say pure technical analysis on Gold only should be leading; silver market is tiny ( they are like Lion and a sparrow) and can be ignored in determining whatever technical conclusions for both…

  10. Your analysis always well thought out, you are excluding the inevitable, currency problem somewhere, which when it happens, will quickly escalate. None of this will be warned of in the charts.

  11. great point of view! especially compare to the gold bullish broadcast! good to have a objective view point

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