explod
explod
- Joined
- 4 March 2007
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Kauri, just trying to nut out your box advance/regress. If we have a break above say 890 then would 886 become the new "C", if that's the case then I have it, if not can you put me onto a read to pick it up.
cheers explod
If you could arrange that for me that would be nice.If that pattern is confirmed it would be very bullish, target 930+ within the next week.
I'm pretty new to trading. I have had Newmont for years for very little gain, and bought Lihir last year. But with both, I've missed out on the gains in the POG. Do people think buying the bullion would be a better bet if one is bullish on gold?
If you could arrange that for me that would be nice.
What doesn't make sense to me is that the price of gold is up 4 dollars today yet the price of GOLD and NCM is going down. What do you think?
I'm pretty new to trading. I have had Newmont for years for very little gain, and bought Lihir last year. But with both, I've missed out on the gains in the POG. Do people think buying the bullion would be a better bet if one is bullish on gold?
I can get similar info from kitco.com and you are right, with the exchange rate taken into consideration gold is in the red. Thanks for your help.GOLD, NCM probably flat/down cos $A gold price is flat/down past 24 hrs.. bullionvault.com chart gives live streaming gold price in multi currencies
If you could arrange that for me that would be nice.
What doesn't make sense to me is that the price of gold is up 4 dollars today yet the price of GOLD and NCM is going down. What do you think?
As an example, he says, "If in January of 2007 you had $637.50 to buy an ounce of gold, you could have bought 1 ounce of gold, or 267 gallons of gas. With that same $637.50 today, you could only buy about three-quarters of an ounce of gold, or 205 gallons of gas."
So why doesn't the price of gold matter? He explains, "If you were using gold as your standard, you'll discover that you can buy about the same amount of gas (actually, a little more) with the same ounce of gold you had on January 1", thus effortlessly demonstrating gold's "store of value" as it preserves buying power!
not a good looking coily thing... but may beer watching..
Cheers
..........Kauri
Is not your coily thing a good thing, in that it represents a bullish continuation pattern, ascending triangle?
Is not your coily thing a good thing, in that it represents a bullish continuation pattern, ascending triangle?
It must be, because the strength of silver tonight indicates an uptick for gold may be in the offing. Just waiting for the US$ index, which is teetering, to show a drop and confirm.
We will see what plays out. I make no actual predictions cause of unqualification.
I am qualified to make predictions that are unqualified.and I make predictions because of unqualification.. and also to learn.. enjoy the coily..
Cheers
...........Kauri
and tonight... when the U.S figures come out a tad better than forecast??I am qualified to make predictions that are unqualified.
I had a chart that said gold would rise, and it did.
Another said it would fall, and it did.
Based on this 100% success rate, gold will now rise.
Just checked the ticker, and indeed it did.
I therefore now predict a fall.
Wait.....
Wait......
There, it fell.
Trust me, gold will again rise.
Although I suspect $1000 next year will be achieved in a canter, the actions of the Fed to prop up the US economy will debase the greenback to oblivion faster than I thought. I therefore am setting a $1150 target fo the second half of 2008, with a subsequent retrace to low $900s into 2009.
....onya bike, ducati?
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