And my "contention" is that it is being regulated every day by the "real" market. Evidence of that is the recent drop of "market driven" interest rates even as the Fed raised the bank lending rate. If interest rates continue to drop if for no other reason than to "force" the Fed's hand to loooower the Fed funds rate. ...I wouldn't want to be in gold if the stock market takes that news as a signal that the Fed had it wrong...which means prices of EVERYTHING are still wrong. if prices are dropping into that news...and then drop 'after" the news. then what? ...for your plan...just keep stacking...right? :-)
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The Federal Reserve is not working for us, they're working against us... Feel free to stack gold and silver, but the real solution to our Medium of Exchange nightmare is Common Coinage... Buy a few rolls of Dollar Coins... In my opinion, there's less risk holding Pocket Change then having Digital Blips in a Bank Account...
@pocketechange
Imo the Fed is and has been a "non-factor" since even before they began raising the Fed funds rate. Fed will be like any govmint regulated system and be "reactionary" to what the market does as opposed to the other way around. You won't get loweer interest rates from the Fed unless the stock market is dumping. Yet market driven rates (like mortgages) will still move looower. Fed will make no QE4 "attempt" until one of the U.S. banks are actaully on the brink of belly up. Your vote to say >>> "fukk the banks this time!! No bailout!" will likely mean the price of silver drops by 20% in one day the very NEXT day after that news reaches the markets.
You sure have a way of making things seem complicated... It's all very simple when you see things my way...
@pocketechange
I'll be watching. :-)