Gold - just how high will it go
#62
Scooby Regular
Join Date: Jun 2005
Location: Shell petrol station
Posts: 4,495
Likes: 0
Received 0 Likes
on
0 Posts
We calling this a "victory" for the contrarian gold bears then?
At todays low gold down 20% from all time high, earlier this month.....
Silver at todays low was down 35% in 3 sessions!
At todays low gold down 20% from all time high, earlier this month.....
Silver at todays low was down 35% in 3 sessions!
#65
#66
Scooby Regular
Join Date: Jun 2005
Location: Home
Posts: 14,758
Likes: 0
Received 0 Likes
on
0 Posts
#69
Scooby Regular
Join Date: Jun 2005
Location: Shell petrol station
Posts: 4,495
Likes: 0
Received 0 Likes
on
0 Posts
Gold chart looks very interesting.....looks like there could be an actionable trade in one direction or the other in the next couple of sessions, which could take us to Friday when we may here some news out of the EU summit and learn of the next catalyst for gold to either breakout or breakdown from its current consolidation pattern......
Where are SN's gold aficionados? lets be hearing you!
Where are SN's gold aficionados? lets be hearing you!
#72
Scooby Regular
Gold chart looks very interesting.....looks like there could be an actionable trade in one direction or the other in the next couple of sessions, which could take us to Friday when we may here some news out of the EU summit and learn of the next catalyst for gold to either breakout or breakdown from its current consolidation pattern......
Where are SN's gold aficionados? lets be hearing you!
Where are SN's gold aficionados? lets be hearing you!
Not sure mate, not sure at all. I've not sold any of my gold but then again I started buying at $650ish/oz, my avge is about $850 so I've still doubled my money and enjoyed the journey.
It's not going the way I had thought from here, and its difficult to understand why (if in fact 'bubbles' can be understood).
Personally I'm thinking (hoping!) that there will be one more push upwards, however if we hit $1600 I'm out. I'll still have doubled my money and I put in quite a lot so it has had quite a positive impact on my portfolio
#74
Scooby Regular
Agree. But that fact doesn't seem to have continued to push up gold in the way I would have thought/hoped.
On the other hand paper printing governments will go to extraordinary lengths to keep down the price of gold....
On the other hand paper printing governments will go to extraordinary lengths to keep down the price of gold....
Thread
Thread Starter
Forum
Replies
Last Post
Pro-Line Motorsport
Car Parts For Sale
2
29 September 2015 07:36 PM