Gold bugs arise! If you missed the Bitcoin rally do not despair!

[SBR_John]

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.

[Smoke]

[jjgold]

Might be better to buy gold futures

Possible gold binaries

[Russian Rocket]

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

[Smoke]

Can I buy stock in jjgold instead

[capitalist pig]

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

[brooks85]

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

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.

[greenhippo]

Thinking about getting back into silver myself as I looked into litecoin and it just confuses the hell out of me.

[manny24]

paper gold!

[SBR_John]

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

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.

[El Nino]

It's all ball bearings nowadays.

[brooks85]

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://forum.sbrforum.com/players-talk/1959638-us-presidental-election-sbr-currently-romney-46-7-obama-53-3-a-p22.html

[InTheDrink]

ive made a mint short selling smoke's bets

[Russian Rocket]

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://forum.sbrforum.com/players-ta...3-3-a-p22.html

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!

[jjgold]

experts do not even know why gold goes up and down

Ask many analysts the question

[bigboydan]

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.

[SharpBoxing]

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

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

[Sarunas]

not is the nice

[jjgold]

Sarunus you still scamming sportsbooks after I caught you??

One thing I do not like is a cheat

[Russian Rocket]

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

cool story bro

[Ralphie Halves]

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.

[jarvol]

Buy NUGT if you believe in gold not the GLD or GDX.

[Snowball]

palladium and platinum expected to be in shortage all 2014.
i think they will both have a stronger 2014 than gold/silver.

[Dr.Gonzo]

It's all ball bearings nowadays.

What kind of a name is Poon?

[TheRifleman]

Gold WILL drop below $800....

[El Nino]

What kind of a name is Poon?

Comanche Indian

[manny24]

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.

[Russian Rocket]

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

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.

hey Brooksy are you still holding that bag of $XAU?

[dfish]

Comanche Indian

Put it on the Underhills tab.

[Russian Rocket]

http://www.sportsbookreview.com/forum/politics-economics/2190888-any-you-degens-precious-metals-market.html#post22631559

[brooks85]

hey Brooksy are you still holding that bag of $XAU?

no, you'd know if you have seen all the winning stocks I've posted you fool lol.

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.

[jjgold]

Bitcoin getting lower and lower

Gold getting lower and lower

What is going on with this stuff??

[brooks85]

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.

[Russian Rocket]

no, you'd know if you have seen all the winning stocks I've posted you fool lol.

Gold will still never be around 900 an ounce thus thanks for the bump haha.

that tells me that you're indeed still holding that fukking bag

what a fukking dummy

[brooks85]

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.