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Gold bugs arise! If you missed the Bitcoin rally do not despair!
As some may recall I said sell ALL gold at $1700 and it promptly went over $1800. Now its sitting at $1270 and I'm making a major reversal call to now buy. I do believe a ladder-in approach starting here is the way to play the opening position.
Gold will break $2000 in a 2-3 year time frame. Buying gold miners through GDX is a good way to take a ride without owning the metal.
Might be better to buy gold futures
Possible gold binaries
way too early to buy gold...wait for Fed to start raising interest rates- your gold, would be around $900 per ounce then...silver around 12-15
higher interest rates= lower liquidity on the market, less money to spend on gold - investing 101
unless China or Russia decides to nuke US stay the fukk away from gold for now
I've been short gold for over 18months and not changing my position one bit
Last edited by Russian Rocket; 11-18-13 at 02:03 PM.
Can I buy stock in jjgold instead
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I bought a 1000 shares of SLW today at $21.50, more of a silver play but deals in gold as well. Pretty much everything associated with gold or silver is and has been oversold and have been for awhile now. My trade is a short term trade, with a stop loss at $20.50, would probably sell if was to hit $25 or so.
later
never going to happen, now is the time to buy considering the market is being held up by fantasy(fed) that is going to collapse next year. People are not in gold because there is no reason to. They see the numbers in stock and it much more attractive. When US stock market drops gold will skyrocket as usual.Originally Posted by Russian Rocket
Last edited by brooks85; 11-18-13 at 02:12 PM.
Thinking about getting back into silver myself as I looked into litecoin and it just confuses the hell out of me.
paper gold!
That's what they say. When folks start talking about that on the talk shows it aint gonna happen.
I think the selling is more of a liquidity/profit taking play anyway. The fundamental reason gold moves one direction has nothing to do with if the fed is buying bonds in the open market. The value of gold doesnt change, its a metal and has no debt. What changes is the value of paper money. And for sure it will take more to buy gold in the near future. But I would still agree that we havent seen a selling climax and we could see some lower prices.
It's all ball bearings nowadays.
I was about to sit here and explain everything, and yes the fact the fed is buying bonds has to do with gold's decline. Not sure why anyone would think otherwise but not going to spend the time. However, I'll just wait a year and bump the thread when I'm right again just like obamacare.
http://www.sportsbookreview.com/forum/players-ta...3-3-a-p22.html
ive made a mint short selling smoke's bets
hey Brooksie you know what they say about opinions? ...yeah...so anyway, no need to get upset or angry...everyone's entitled to think what they think about gold.
gl!
experts do not even know why gold goes up and down
Ask many analysts the question
Ryan Rossi swears the feds tapped into his stuff and is being eyeballed by 193 different courtiers for selling military secretes and using bitcoin as payment.
The reason why gold is going down is because people expect the fed to raise rates. The fed will never do that. Ones people realise this then gold price skyrockets
not is the nice
Last edited by Sarunas; 11-18-13 at 07:27 PM. Reason: make the joke of pounding of hole of ass with penis of monster size. not nice
Sarunus you still scamming sportsbooks after I caught you??
One thing I do not like is a cheat
John, is there anything chart-wise that is leading you to this?
I see something too, I just want to know if it's the same thing you're seeing.
Buy NUGT if you believe in gold not the GLD or GDX.
palladium and platinum expected to be in shortage all 2014.
i think they will both have a stronger 2014 than gold/silver.
What kind of a name is Poon?
Gold WILL drop below $800....
Comanche Indian
hey Brooksy are you still holding that bag of $XAU?
Put it on the Underhills tab.
no, you'd know if you have seen all the winning stocks I've posted you fool lol.hey Brooksy are you still holding that bag of $XAU?
Gold will still never be around 900 an ounce thus thanks for the bump haha. Not even close so that was a great call there.
Bitcoin getting lower and lower
Gold getting lower and lower
What is going on with this stuff??
well anyone with common investment sense knew that was coming.
that tells me that you're indeed still holding that fukking bag
what a fukking dummy
that tells me that you're indeed still holding that fukking bag
what a fukking dummy
lol you arguing with facts, what a surprise. A simple search of my post history would show you how much of an idiot you are, again.
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