1. 01-05-14 08:09 PM #1
    SBR_John
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    fuggin gold back over $1240

    Anyone buy under $1200?

    Got some 2014 Buffalo's pre buys. Out on the 10th.

    I'm not chasing. Waiting for $1125 or bust.
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  2. 01-05-14 08:20 PM #2
    James D
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    1240 is still low, as you know it was 1900 2 years back .

    amazing avatar btw
    Last edited by James D; 01-05-14 at 08:21 PM. Reason: Avatar
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  3. 01-05-14 08:26 PM #3
    byronbb
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    haha that avatar picture, classic.


    I'm sure gold will see its smack down at the US open like usual.
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  4. 01-05-14 08:27 PM #4
    SBR_John
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    Quote Originally Posted by James D View Post
    1240 is still low, as you know it was 1900 2 years back .

    amazing avatar btw
    Still think we see a flat to lower year for gold. Good years will come but its too wounded to see much more than a relief rally.

    Really dig the buffalo's. That's a great coin.
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  5. 01-05-14 08:41 PM #5
    byronbb
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    The paper price has been manipulated lower. INdia, China Russia all buying physical at these prices. The USD will eventually fail, we will see smaller countries currencies go first that are basically USD proxy countries like in Latin America.
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  6. 01-05-14 08:42 PM #6
    easyliving
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    hoping it doesn't go up too much by the end of the football season. Looking to withdraw a large chunk of my bankroll and investing in gold
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  7. 01-05-14 08:47 PM #7
    Russian Rocket
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    Quote Originally Posted by SBR_John View Post
    Still think we see a flat to lower year for gold. Good years will come but its too wounded to see much more than a relief rally.

    Really dig the buffalo's. That's a great coin.
    You told people that it's a good time to buy at 1220 about a month ago, when I told you it will go much lower to possible 900's. Take a small loss now and don't wait for 1100's - the last thing you wanna do is try to catch a falling knife...
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  8. 01-05-14 08:56 PM #8
    SBR_John
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    Quote Originally Posted by Russian Rocket View Post
    You told people that it's a good time to buy at 1220 about a month ago, when I told you it will go much lower to possible 900's. Take a small loss now and don't wait for 1100's - the last thing you wanna do is try to catch a falling knife...
    Yep. But I like to ladder in on purchases of long term stuff. I've bought as high as $1300 and as low as $1200. Not interested in selling for at least 8 years so its important to me that I accumulate the right position while prices are falling. I wouldnt be a buyer for a quick trade in this weak of a market.
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  9. 01-05-14 09:06 PM #9
    Russian Rocket
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    Quote Originally Posted by SBR_John View Post
    Yep. But I like to ladder in on purchases of long term stuff. I've bought as high as $1300 and as low as $1200. Not interested in selling for at least 8 years so its important to me that I accumulate the right position while prices are falling. I wouldnt be a buyer for a quick trade in this weak of a market.
    gotcha...good luck to you!
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  10. 01-05-14 11:12 PM #10
    greenhippo
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    Precious metals should only be invested in thinking long-term. Unless you get a quick big spike like silver in the middle of 2011 it should be a minimum 5 year investment. Better to start buying, even small, when you're very young. By 2040 gold at 3000 and silver at 75 might be the norm.
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  11. 01-05-14 11:17 PM #11
    Russian Rocket
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    Quote Originally Posted by greenhippo View Post
    Precious metals should only be invested in thinking long-term. Unless you get a quick big spike like silver in the middle of 2011 it should be a minimum 5 year investment. Better to start buying, even small, when you're very young. By 2040 gold at 3000 and silver at 75 might be the norm.
    and there you have it folks...a 26 year forecast on Gold and Silver by the one and only Hippopotamus
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  12. 01-06-14 05:58 AM #12
    jjgold
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    Day trading gold would be great but not enough volume. Gold usually is a long term win but most stocks are too.
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