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Hi Kauri, I meant to ask what 'app 2.618' refers to on your last chart.. some pretty strong resistance coming in at 887.9 as you indicated..
Ta
Barrett
Come weds, it may be in a recovery WB??.. but a touch too early to call.. for me...yeti...
Cheers
..........Kauri
Hi Kauri, I meant to ask what 'app 2.618' refers to on your last chart.. some pretty strong resistance coming in at 887.9 as you indicated..
Ta
Barrett
only a rough guide but W3 should be 1.618 of W1 and W5 often comes in at 2.618
Cheers
...........Kauri
Ok, Platinum has taken out $1,800... where's gold!?
It would appear that over the next few trading days the Gold stocks are going to crash with the general market.
The POG??? may well fall
The divergence between the stocks (especially the juniors) and the price of the metals makes me think POG may fall as well.
Sounds to me like you are making trouble.It would appear that over the next few trading days the Gold stocks are going to crash with the general market.
If the market crashes the POG may well fall in sympathy as we have seen previously but by significantly less. Gold may be sold off in a flight-to-cash as investors struggle to meet margin calls. If you want to be 100% safe then go 100% cash and take hit on a low return. I still reckon gold is the best investment in the market at the moment.The POG??? may well fall
The divergence between the stocks (especially the juniors) and the price of the metals makes me think POG may fall as well.
Three cheers for the Bank of England!:With the BoE now cutting rates...
It would appear that over the next few trading days the Gold stocks are going to crash with the general market.
The POG??? may well fall
The divergence between the stocks (especially the juniors) and the price of the metals makes me think POG may fall as well.
It would appear that over the next few trading days the Gold stocks are going to crash with the general market.
The POG??? may well fall
The divergence between the stocks (especially the juniors) and the price of the metals makes me think POG may fall as well.
Disregard bean's tips. He called $540 gold about 3 months ago too.So the market will crash over the next few trading days?? Could you please explain why this is going to happen?
Im kinda hoping it will crash... time to pick up some bargains
Disregard bean's tips. He called $540 gold about 3 months ago too.
LOLBetter not rub it in too hard kennas... just in case!
If they put Interest rates up to 20%, started deflating the money supply, therefore making paper money more valuable, this could happen.Disregard bean's tips. He called $540 gold about 3 months ago too.
LOLYep, it's still on the cards, one day....
If they put Interest rates up to 20%, started deflating the money supply, therefore making paper money more valuable, this could happen.
But in the current environment the chances of gold going to $540 is about as likely as someone finding a pure gold asteroid, dragging it into the earths orbit, and shooting golden nuggets onto the planet...
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