This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Gold Price - Where is it heading?

Jump to new
Mr Z said:
You come up with some really insightful stuff! Clear thinking, well reasoned, unemotional, hard edged cut through!
Click to expand...

Well there is only room for one trading guru in this thread, you, so I've decided to just play the fool....

Look I even went and bought some crap in a down trend......

 
Lets try and keep this thread civil please.

The more expanive and explanatory our answers and responses are the more educational it will be for anyone who is reading but not commenting.

Thanks
 
Mr Z said:
LOL, now you are just being a dick. What happened? Trade go against you?
Click to expand...

Don't know yet. I've only owned it for 2 hours. Though the poor ba$tard that sold the trinkets to me is coming back next week with a lot more - he NEEDS cash after going all in much higher. :1zhelp:

Just another idiot that believed it was going straight to $10,000......0

 

LOL...this thread has taken a very ironic turn...
 
Gold is postering near the gap again....if we get a pop out of the gates and more short covering in Europe, maybe we'll close that gap...
 
CanOz said:
LOL...this thread has taken a very ironic turn...
Click to expand...

Yeah i'm setting up a charity to help out all the poor blokes who were going to become rich "investing" in gold the last 3 years but now cannot even afford to eat.
 
CanOz said:
Gold is postering near the gap again....if we get a pop out of the gates and more short covering in Europe, maybe we'll close that gap...
Click to expand...

Goldmans SS vill not allow it to happen!!!!!!

Sey vill stomp on it vid dere jak boots!!!!!

Ve have ways of makin you short! irate:

 
Some mutterings about the second half...

Strong USD in a risk on trade financed by those crazy Japanese! Mebe... Stocks up, commodities up, PM's up, Real Estate up, Rates up and bonds down. AUD down in the process This could play very well for us lot down here. Seems a little contradictory no? Looks like the Fed might finally succeed in getting that money moving, this will not be about economic strength as much as global capital movement. Is the USD the best looking horse at the glue factory?

This could get loopy and more than a little counter intuitive.

I think that Ray has been on the money...

Older article but....!

http://www.bloomberg.com/news/2013-02-12/bridgewater-bets-on-stocks-as-cash-moves-into-market.html
 
Mr Z said:
I think you may very well be surprised how this plays for a little while.

Approaching critical levels as we go into the US summer.

I will be watching with interest.
Click to expand...

Fortunately for me, since I believe that gold bids for currency (rather than the other way around) my view of whether the USD is "the best looking horse at the glue factory" is only going to surprise if the Federal Reserve starts a program of buying gold for printed dollars, and succeeds.

Meanwhile, net producers continue to bid for gold flow using surplus productivity, busy doing whatever it is that generated the surplus.

Of course, this kind of story is far less sexy than vague prognostication and attribution to the evil Goldman Sachs. Why not just post a chart with some numbers and leave it at that?
 
From the Technical Speculator

 
You must log in or register to reply here.

Similar threads

M
Investing in Gold
3 4 5
Replies
81
Views
12K
qldfrog
SGD - Siguiri Gold Corp.
Replies
1
Views
772
Dona Ferentes
GMIN - G Mining Ventures Corp. (TSX)
Replies
1
Views
544
mullokintyre
US Election 2024 : Stock and Economic Comment
7 8 9
Replies
171
Views
10K
divs4ever
  • Sticky
Resources Rising Stars 2024 Conference Gold Coast
Replies
7
Views
2K
Garpal Gumnut
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...