ken_ichikawa Posted August 17, 2011 Share Posted August 17, 2011 As per the topic..... Quote Link to comment Share on other sites More sharing options...
Spot Posted August 17, 2011 Share Posted August 17, 2011 As per the topic..... It's the holiday season innit? And Ramadan. Or maybe a lot of HPC-ers have been locked up due to looting? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted August 17, 2011 Share Posted August 17, 2011 Im frantically posting to get top 5000 posts so I can retire....is anyone out there listening to me ? Quote Link to comment Share on other sites More sharing options...
ken_ichikawa Posted August 17, 2011 Author Share Posted August 17, 2011 Dunno its just that the yellow stuff is still over £1000toz and it is testing $1800 ($1791 now) as you read this. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted August 17, 2011 Share Posted August 17, 2011 There were at least two threads approaching a hundred pages each last week. I couldn't keep up with it all! Quote Link to comment Share on other sites More sharing options...
bigroncoleman Posted August 17, 2011 Share Posted August 17, 2011 As per the topic..... Proof there is no mania or bubble in Gold yet! Quote Link to comment Share on other sites More sharing options...
MrFlibble Posted August 17, 2011 Share Posted August 17, 2011 Maybe people are in shock over the price? The rise from £1000 to £1100 was very fast indeed, stunned silence maybe? Quote Link to comment Share on other sites More sharing options...
Quiet Guy Posted August 17, 2011 Share Posted August 17, 2011 As per the topic..... I'll take that as a compliment Quote Link to comment Share on other sites More sharing options...
Spot Posted August 18, 2011 Share Posted August 18, 2011 Oooh the volatility.... Nearly back at £1,100. Give it 5 more mins and it'll probably drop £50 again.... Quote Link to comment Share on other sites More sharing options...
MrFlibble Posted August 18, 2011 Share Posted August 18, 2011 Oooh the volatility.... Nearly back at £1,100. Give it 5 more mins and it'll probably drop £50 again.... It's through $1800 again I see, from the looks of the chart is topped out at £1099 (for now). Shame really, it being a nice round number and all Quote Link to comment Share on other sites More sharing options...
ken_ichikawa Posted August 18, 2011 Author Share Posted August 18, 2011 It's through $1800 again I see, from the looks of the chart is topped out at £1099 (for now). Shame really, it being a nice round number and all $1817. Easy $2300 by the end of the year. Quote Link to comment Share on other sites More sharing options...
MrFlibble Posted August 18, 2011 Share Posted August 18, 2011 $1817. Easy $2300 by the end of the year. Yep, think we can now safely say we've seen the back of a Gold lower than a grand an ounce too. Cannot see it dipping lower than that now. It was good while it lasted Quote Link to comment Share on other sites More sharing options...
Stay Beautiful Posted August 18, 2011 Share Posted August 18, 2011 $1817. Easy $3200 by the end of the year. corrected. Quote Link to comment Share on other sites More sharing options...
Kazuya Posted August 18, 2011 Share Posted August 18, 2011 Silver $118.79! Quote Link to comment Share on other sites More sharing options...
Spot Posted August 24, 2011 Share Posted August 24, 2011 Buying opportunities ahead! Quote Link to comment Share on other sites More sharing options...
MrFlibble Posted August 25, 2011 Share Posted August 25, 2011 Buying opportunities ahead! What, BTFD? Quote Link to comment Share on other sites More sharing options...
Spot Posted August 30, 2011 Share Posted August 30, 2011 Buying opportunities ahead! And as I went on holiday I missed it! Quote Link to comment Share on other sites More sharing options...
Spot Posted November 3, 2011 Share Posted November 3, 2011 And as I went on holiday I missed it! Oh no i didn't as it turns out. Gold went lower and I bought a handful of coins (all I could afford). Now it looks like we're back to August prices but with extra volatility gradually heading towards $1,800 with violent swings. Wouldn't be suprised to see it drop below $1,700 tomorrow only to shoot back up to $1,800 the day after. What does suprise me though, is that with all the unrest about Europe why aren't the swings even more violent and ultimately heading a lot higher than they currently are? Just thought i'd break the silence....... Quote Link to comment Share on other sites More sharing options...
Spot Posted March 19, 2012 Share Posted March 19, 2012 (edited) Anyone got any idea why the shiny stuff is going down at the moment? Not complaining as I see this as an opportunity to fill my boots. Just wondering what's driving this as as far as I can tell nothing's changed and the reasons for buying are still valid. Edit to say - Currently $1653. Edited March 19, 2012 by Spot Quote Link to comment Share on other sites More sharing options...
SuperChimp Posted March 19, 2012 Share Posted March 19, 2012 Anyone got any idea why the shiny stuff is going down at the moment? I think that the price of gold rose because of the "global financial crisis", when investors panicked and sold their shares at the bottom to invest in a rapidly rising commodity. The popular press is now reporting that the euro crisis is over, the UK economy is going from strength to strength and the only real problem is banker's bonuses. So investors are starting to sell their gold (probably making a loss) to buy worthless governement bonds or shares in companies that could never hope of survive the coming financial crisis. Also, large investment companies seem to change their protfolios regularly, the whole market being rigged to rise and fall. Never forget that most investors are idiots, who do little or no research into companies or commodities that they invest in, and will invest in anything they are told to. They have very little understanding of the wider economy or the underlying trends which govern it . That is why you see great rises in commodities and shares, well above their actual worth, as many investors 'jump on the band wagon'. People have short memories, the run on Northern Rock probably seems a lifetime ago. Quote Link to comment Share on other sites More sharing options...
Take Me Back To London! Posted March 20, 2012 Share Posted March 20, 2012 (edited) The popular press is now reporting that the euro crisis is over, the UK economy is going from strength to strength and the only real problem is banker's bonuses. So investors are starting to sell their gold (probably making a loss) to buy worthless governement bonds or shares in companies that could never hope of survive the coming financial crisis. Nigel Farage, someone who knows exactly what is going on and tells it as it is. Edited March 20, 2012 by Take Me Back To London! Quote Link to comment Share on other sites More sharing options...
Quiet Guy Posted March 26, 2012 Share Posted March 26, 2012 (edited) Anyone got any idea why the shiny stuff is going down at the moment? Not complaining as I see this as an opportunity to fill my boots. Just wondering what's driving this as as far as I can tell nothing's changed and the reasons for buying are still valid. Edit to say - Currently $1653. I've had similar thoughts recently. The PMs market has fluctuated wildly but gone nowhere in the last six months. So is this a chance for a cheap buy or time to get out? I've no idea; just sitting on my hands and watching for now. I stumbled across this while looking at one of Asheron's videos: (just the part from from 0:45 till 1:30) As Rogers says, perhaps gold is just having a much needed rest. (edited to add video) Edited March 26, 2012 by Quiet Guy Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.