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Pondering Gold
Pondering Gold
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Replies: 193
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Mrben 30 May 12 13:55
thread started almost 2 months ago. today gold is 1549, down 72$ Remind me again, how much is gold down since you started hyperventilating about gold? |
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remind me- how much gold did you buy @ 1680?
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Probably more than you could afford to buy if you re-lived your miserable life, and saved every penny you ever made, 100 times over.
I have wealth to protect and my daughters' future to think about, not just a couple of thousand AUDs in an IG Index trading account. Get it yet, clown? |
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I've had a beautiful few days on the gold rally.Thanks for asking
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Of course you did, you always do.
Where I live we have a name for that, we call it CREDIBILITY STIGMA. |
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gold down to 1598.
melly seething- looks like he did'nt sell into the rally- AGAIN.  dumber than dog poo you are melly. |
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gold down to 1589.
will the recent lows be re tested on this next downward leg? me thinks so.  |
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gold @ 1603- standby for the melly " i told you so" rant.
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gold 1602. Ranges are getting even tighter.Gold has lost interest with investors after its dreadful performance over the last 12 months.
Only dunderheads are holding gold as a "store of weatlh" in these inflationless times. |
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gold in freefall tonight.Now 1583.
After several tight range days its down 35$ this session so far. so much for the "store of wealth in turbulent times" claim. FFFFFFFFFFFFFFSSSSSSSSSSSSSSSSSSSS!  |
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1568$$ 4.30 pm aussie time.
melly seething. there goes the theory melly- another one you got wrong. How low will it go is the question? I just saw a guest on cnbc claiming the same old same old " in the second half of the year gold will regain its safe haven status" IMAHO- only the clueless believed the safe haven misinformation. |
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Silver down to $26.80.
Looks like J2 will be living at mums a while longer. |
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Gold is on the brink of a “violent downturn” and could even fall as low as $700 an ounce as the risk of deflation in developed economies grows and technical pointers turn bearish, one expert tells CNBC.
“Technical levels show us when the trouble is coming. Gold struggled at $1,700 and then at $1,600. If it breaks through the next key level of $1,500, which could be approaching soon, investors would start panicking and selling hard,” Yoni Jacobs, Chief Investment Strategist at Chart Prophet Capital said on Thursday. Gold [XAU= 1569.6899 -4.71 (-0.3%) ], which has fallen below $1,600 eight times in the past 10 months, is currently trading below the key 200-day and 300-day moving average of $1,650 and $1,670, respectively. The 300-day moving average has supported the bull market in gold since 2001, however this is no longer the case, he said. oh dear melly http://www.cnbc.com/id/47990167 |
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Well, what can I say, when you get your economics knowledge from following CNBC and listen to "experts" who demonstrate about the same level of intelligence as an Egyptian mummy........you keep dropping turds on the forum.
The only "violent downturn" we are about to witness is your pants getting pulled down and receiving another spanking on here. What's really laughable is not the sh1t you keep posting on here, it's your obsession with daily commenting about gold when you continue to demonstrate massive ignorance on how the gold markets even work. What a joke. Oh, wait, the joke was on me right? What you posted *was* a joke, I just didn't interpret it to be one. My bad benny the clown, I'm losing my touch, carry on with the show mate. |
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IMAHO!
Bill Gross is a big time contributor to cnbc, did'nt you just start an entire thread dedicated to him? In any case, where the info comes from is irrelevant.If its right its right. That's something you need to come to terms with dunderhead. |
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Bill Gross is a big time contributor to cnbc
 Okay, I got that joke. |
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ar you saying that bill gross does not appear on cnbc regularly melly?
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ar you saying that bill gross does not appear on cnbc regularly melly?
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You gotta do something about your hands shaking.
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you truely are an idiot melly.A babbling imbecile.
http://www.google.com.au/search?sourceid=navclient&aq=f&oq=bill+gross+pimco&ie=UTF-8&rlz=1T4ACAW_en___AU386&q=bill+gross+pimco&gs_upl=0l0l0l3990lllllllllll0&aqi=g5#q=bill+gross+pimco&hl=en&rlz=1T4ACAW_en___AU386&prmd=imvnslo&source=univ&tbm=vid&tbo=u&sa=X&ei=HlPsT-X9Aofeigf3jPjbBQ&ved=0CIQBEKsE&bav=on.2,or.r_gc.r_pw.r_qf.,cf.osb&fp=e4c9a6abbf65430d&biw=1536&bih=743 that link gives you dozens and dozens of bill gross's appearance on cnbc. |
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So "appearances" make one a "big time CONTRIBUTOR"?
No wonder you are confused benny the clown. |
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seth klarman will be disappointed with you melly, you are apparently unaware of who appears on cnbc.Can't you afford pay tv?
another disaster you stepped into |
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And benny the clown throws the towel in and shouts......"hey, look over there"
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gold 1572
silver 26.90 hows that 3% return looking today? |
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buy now and hold until after september and then sell.
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buy gold and silver until end of september then sell
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and why plz max?
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mrben. watch the seasons. buy now or hold on to what you have and buy more.
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mrben. hold and buy watch the seasons.
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mrben. i hope you and others took my advice.
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Who's to say that gold wont do what it did in the last bull market?.last time it overshot by 150%,in a speculative bubble.
Reasons why it wont happen again?.If the stock market falls,wont they suggest a buy for gold e.g contra,defensive bolt hole. |
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The price of gold is what Ben Bernanke wants it be.
Everyone got that? His problem is not gold, his problem is OIL. The FED has been managing the precious metals markets in a very heavy handed and blatant way since Q3 2011. Because they have to and because THEY CAN……..with impunity. If don't don't wrap your head around this construct and totally accept it, you have no business being in gold. The price did what it did today to complete the illusion that he said QE when in fact he didn't. It would be "odd" if the S&P got ramped but PMs were left behind. There's no market now, just the illusion of one. He controls/owns it all. If you had any doubt and today's action didn't completely pull the veil back for you then you're not paying attention or have no business trading. You also have no business being in gold if you are not accumulating physical. Those who own paper gold will one day find out that their gold is worth about the price of……PAPER. Accumulate physical and put it away somewhere safe but WHERE YOU CAN ACCESS IT at all times. If you can't touch it at will, you don't own it. . And wait until the day these feckers lose control. That day is not as far away as you think. The power of exponents had the outcome predetermined from the outset. And central bankers know that. All they are doing now is transferring as much wealth as possible to their friends before this ponzi comes to a merciful end. If you do all that, you just might be able to protect some of your wealth until the real thieves come after it. No, no, not those criminals breaking into your house with a crowbar, the real criminals………YOUR GOVERNMENT. |
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If and whwn all hell breaks loose, as he is predicting will happen sooner or later, I would like to know exactly where you will be sure to be able to access your physical gold and exactly how you will lquidate it safely to access funds to survive on.
Gonna make a good novel that's for sure. |
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They asked me how i did it, and i gave them the golden text just keep your light a shining a little ahead of the next. They copied all they could copy, but they could'nt copy my mind and i left them sweating and stealing a year and a half behind. Ha ha
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