Redtony Posted June 15, 2006 Share Posted June 15, 2006 It seems Gold is on the increase - it looks as though bargain hunters are buying up gold, what are you thoughts now? Are we still in for more drops or is this the start of better times? it dropped to $545 at one stage! Still uncertain to bite the bullet Quote Link to comment Share on other sites More sharing options...
Unexpected Posted June 15, 2006 Share Posted June 15, 2006 If I hadnt already bought all I plan on buying then I think I'd be jumping in. Remember that the value of gold will never fall to zero but the potential upside is enormous. If you're looking at a long term investment then this has to be one of the safest. Companies can go bust and cash can be inflated away but gold will always be valuable. Quote Link to comment Share on other sites More sharing options...
Guest Posted June 15, 2006 Share Posted June 15, 2006 I'm gonna wait a bit and see what action we get. Particularly what FED news. Quote Link to comment Share on other sites More sharing options...
TW11 Posted June 15, 2006 Share Posted June 15, 2006 That dollar rally might be over with for now. Piled into RRS two days ago - fingers crossed. Quote Link to comment Share on other sites More sharing options...
Guest boredwaiting Posted June 15, 2006 Share Posted June 15, 2006 I'm gonna wait a bit and see what action we get. Particularly what FED news. I think that has been factored in now - i don't think that the FED increasing the interest rates will have that much of an effect.... Although that doesn't mean that gold won't keep on dropping... I just bought a load of gold "at the bottom" ha ha ha.... Lets see what happens now Quote Link to comment Share on other sites More sharing options...
Johnny Cash Posted June 15, 2006 Share Posted June 15, 2006 I think that has been factored in now - i don't think that the FED increasing the interest rates will have that much of an effect.... Although that doesn't mean that gold won't keep on dropping... I just bought a load of gold "at the bottom" ha ha ha.... Lets see what happens now Im tempted to buy back in as well but am a bit put off by the tradition that gold has of languishing during the summer. Oh for a crystal ball.... Quote Link to comment Share on other sites More sharing options...
gazwheat Posted June 22, 2006 Share Posted June 22, 2006 Good to see gold still rising. $593 @ 7am today. Quote Link to comment Share on other sites More sharing options...
Redtony Posted June 22, 2006 Author Share Posted June 22, 2006 Good to see gold still rising. $593 @ 7am today. Maybe missed the boat again but isnt there news coming from the US banks next week? Why is it going up now and not after news? Quote Link to comment Share on other sites More sharing options...
Redtony Posted June 22, 2006 Author Share Posted June 22, 2006 Maybe missed the boat again but isnt there news coming from the US banks next week? Why is it going up now and not after news? Is it something i said now at $587! Quote Link to comment Share on other sites More sharing options...
Redtony Posted June 22, 2006 Author Share Posted June 22, 2006 Is it something i said now at $587! $582 ! the price changes with the weather! Quote Link to comment Share on other sites More sharing options...
Unexpected Posted June 29, 2006 Share Posted June 29, 2006 $582 ! the price changes with the weather! Now $599 up 2% today. This with a US rates +0.25% today as well. Quote Link to comment Share on other sites More sharing options...
Redtony Posted July 2, 2006 Author Share Posted July 2, 2006 i was waiting after the FED news and thought it would decrease more, how wrong i was! I was waiting for the $550 mark, yikes! Quote Link to comment Share on other sites More sharing options...
Unexpected Posted July 2, 2006 Share Posted July 2, 2006 i was waiting after the FED news and thought it would decrease more, how wrong i was! I was waiting for the $550 mark, yikes! Well certain Guru's reckon August might be a good time to buy. Perhaps you will still have the chance to buy at $550 but I wouldnt be so sure. Quote Link to comment Share on other sites More sharing options...
Unexpected Posted July 11, 2006 Share Posted July 11, 2006 Gold now up to $641 Quote Link to comment Share on other sites More sharing options...
malco Posted July 11, 2006 Share Posted July 11, 2006 The dollar has fallen a bit and oil has gone up a bit. I have a feeling that there won't be another low. It looks like gold has just returned to the inexorable gradient it had before being hammered to the $550 level. Quote Link to comment Share on other sites More sharing options...
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