$1800 gold

Discussion in 'Gold' started by rbaggio, Aug 10, 2011.

  1. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    It's okay, I just did and ordered 100oz of Gold.

    :lol:
     
  2. Ouch

    Ouch Active Member

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    Hot knife slicing through butter is true!
     
  3. Silverthorn

    Silverthorn Well-Known Member

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    Who stole the dip? Next angel's at 1936. :)
     
  4. boston

    boston Well-Known Member Silver Stacker

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    A word to the wise, don't advertise what you have bought no matter how good it may feel. Heaven forbid that this thread/site is monitored.
     
  5. hiho

    hiho Active Member Silver Stacker

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    1805 aussie :O
     
  6. leo25

    leo25 Well-Known Member Silver Stacker

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    was there a rocket launch today? coz i think gold jumped on-board.
     
  7. Goldmember

    Goldmember Member

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    "Like a hot knife through butter"....hey ppl?
     
  8. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Exactly.

    When Gold was at $US1200 at the beginning of 2010 it was still $1400AUD what with the exchange rate...then if you chose to buy Perth Mint coins you could put a couple of hundred premium on that, so lets call it an even $1500AUD. So in reality...with all the currency exchange fluctuations you've only made an 18% gain. Even with the recent bear trap..Silver's still crapping all over gold.

    Edit...for clarity...missed the word 'silver' in that last sentence :rolleyes:
     
  9. Silverthorn

    Silverthorn Well-Known Member

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    Only if you bought the spike when the dollar dropped. That was only for a few months.
     
  10. euphoria

    euphoria New Member

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    '
    The USD is rising because the EUR is falling. The EURUSD is the largest FX pair. if the EUR falls, the USD rises. It is nothing to do with the fundamentals of the USD. FX rates are relative and at the moment the USD is a better looking horse than the EUR. even though the USD is anemic and lame. On top of this The JPY is continually strengthening against even the USD! This is a country with debt/GDP of over 200%, insane deficits, population demogrographic issues with an aging population, just had a destructive as F$%^ nuclear meltdown the consequences of which will persist for years if not decades, and they are still considered better than the USD? Its all noise, there is only one trend that will persist for the forseeable future. gold up. Fiat currencies down.
     
  11. Ilikemetals

    Ilikemetals Member

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    100oz is intense!!
     
  12. projack

    projack Well-Known Member Silver Stacker

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  13. SilverPhoenix

    SilverPhoenix New Member Silver Stacker

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  14. RhythmDoctor

    RhythmDoctor Active Member

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    The point within a circle...
    What. A. Beauty.

    When I grow up... I want one of those... (smiles a very smug 'getting there' smile) :D
     
  15. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Nope. I'm not sharing.
     
  16. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Do you think he'll be allowed to get his gold?

    I've been wondering about the mechanisms that may be put in place to prevent him getting his gold
     
  17. Ozboy

    Ozboy Active Member

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    I'm working nightshift!
     
  18. boston

    boston Well-Known Member Silver Stacker

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    Probably not. But we, in all likelyhood, won't know for sometime. It takes time to assay all those gold plated tungsten bars. :)
     
  19. jnkmbx

    jnkmbx Well-Known Member

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    A swap into platinum probably counts right? :p

    Indeed, just like you know I believe in productivity being #1 :cool:
     
  20. rbaggio

    rbaggio Active Member Silver Stacker

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    Gold off to a strong opening, US$20 jump up.
     

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