JPMorgan's Gold Vault Has Biggest One-Day Withdrawal Ever
http://www.zerohedge.com/news/2014-01-24/jpmorgans-gold-vault-has-biggest-one-day-withdrawal-ever
http://www.zerohedge.com/news/2014-01-24/jpmorgans-gold-vault-has-biggest-one-day-withdrawal-ever
I made my first purchase of gold and silver recently. With crypto earnings, lol. Got a good price just before it went up a bit. My question to you all is how likely do you think it is that gold will go to 1000 or 800? I want to pickup some more but at cheap prices...
800: Not happening.
1000: Very unlikely.
If you want to pick up some at cheap prices, you have the perfect time right now - calculated against the amount of fiat available, gold was probably never cheaper in the history of mankind. Also, it's rare you get the opportunity of buying an asset below/at its cost of production.
The opportunities on the upside are immense, the risks on the downside are relatively low by now.