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Thread: Gold

  1. #4041
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    If your wondering about some of the advice on this thread-heres a little test--go back to the first post,its dec 2009--then go to the kitco 5 year gold chart and find approx dec 2009 and have a look at the chart from that point up until now--If you really have nothing to do you could also go through all the posts and count the number of times the word ''crash'' is used--Meanwhile, in the present day I think it all boils down to the likelyhood of inflation.
    Are the economic powers willing to put up with inflation to avoid unemployment and the other economic woes that are facing them?
    Europe is using some watered down versions but will the US play the QE3 card--watch this space.

  2. #4042
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    Gold looks like it's heading for the moon at the moment Skol..and silver even more so.

    http://economictimes.indiatimes.com/...w/15597316.cms

    JB, unlike yourself I don't need silver to get to $50 by Christmas, although that would be great, for a couple of reasons. I have only $7 to go to get my silver investment at breakeven point..

  3. #4043
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by elZorro View Post
    Gold looks like it's heading for the moon at the moment Skol..and silver even more so.

    http://economictimes.indiatimes.com/...w/15597316.cms

    JB, unlike yourself I don't need silver to get to $50 by Christmas, although that would be great, for a couple of reasons. I have only $7 to go to get my silver investment at breakeven point..
    I won't be complaining if Silver doesn't make $50 till early next year the growth of my investments will keep me happy as long as the PM prices continue their trend
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  4. #4044
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    Some other news has caused the US$ to drop into 0.81 territory and gold to spike another $20.

    Not sure if it's something about Greece.

    http://economictimes.indiatimes.com/...w/15608341.cms
    Attached Images Attached Images
    Last edited by elZorro; 23-08-2012 at 07:30 AM.

  5. #4045
    Advanced Member airedale's Avatar
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    Default Spring Has Sprung

    So "coiled spring" it is.

    Gold.png
    Quote Originally Posted by airedale View Post
    Hi Hoop, nice clear chart on Wednesday. The phrase "coiled spring" comes to mind. Skol would probably say "death spiral".

  6. #4046
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    EZ,

    It's called 'hope'.

  7. #4047
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    Quote Originally Posted by Skol View Post
    EZ,

    It's called 'hope'.
    Yes we know you hope gold would crash but it's not it's breaking out
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  8. #4048
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    You've got a bit of catching up to do with your silver JB, S&P500 up 21% for the last year, silver down 30%.

    The get-rich-quick-scheme not working?

  9. #4049
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    Quote Originally Posted by Skol View Post
    You've got a bit of catching up to do with your silver JB, S&P500 up 21% for the last year, silver down 30%.

    The get-rich-quick-scheme not working?
    no quick get rich scheme's here just solid investments of good value
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  10. #4050
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    Quote Originally Posted by JBmurc View Post
    no quick get rich scheme's here just solid investments of good value
    Break-out or bull trap?

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