I think that's an apples for bananas comparison though isn't it? Was there anything in your dream that might have had 'Randwick 2pm' on it? If so please do PM me...
sorry I don't believe any of above reasons - it was me! - I bought 1oz yesterday and that was the straw that broke the camels back I reckon one of the reasons is because they have a template on how to steal the $$ from everyday citizens in Cyprus and nothing was really said, everyone accepted it, they can now go forth and put it to the test again when needed to slightly larger countries (Ireland, Portugal etc) and hence the world is saved so, gold is now taken a pounding.
As in Randwick Races? What the heck I'll respond with Aliyana Tilde anyway...and Mourayan is in there somewhere too.
same here, didn't think it would break lower. its in to bear market territory which I don't think happened in 2008 from memory. it was a steep drop then though and recovered. http://blogs.marketwatch.com/thetell/2013/04/12/gold-enters-technical-bear-market-after-friday-drop/
Oh how nice it would be to have a crystal ball Will be very interesting to see what happens come monday morning....bounce back , drop further or stagnate ? Surely this is the result of cypruss being ordered to sell their gold and the smackdown that precedes before the elite gobble it up. AND to frigthen the public about withdrawing their bank savings and convert it to real wealth in the form of PM's. Personally I think by end of next week we will be back to where we were before the smackdown (1550 - 1580)....anyone in agreement ?
As long as you can sleep at night, that's gotta be al'right. Rather than buy on 'gut' feel... I calculated out a $1550 lower bound on T.A. (which for my calcs was about an 18% drop... so that rings true with Silverthorn's link). It's gone lower, but I did my best and can go to sleep knowing I couldn't have tried any harder...and at least I didn't miss the rebound) ...having said that, if it drops another 30% I'm going to feel like a right turkey!
If you're for real and not just taking the piss, that could turn out to be a freaky premonition. Are you tempted to sell some of your phys and buy back in at a 19% discount?
If I sell now I lose $200/oz average so nothing to gain by selling and buy in at $1200. It's distressing for many of us at the moment because there is some weird stuff going down on the Comex.
Important to keep the paper physical disconnect in view I think: [youtube]http://www.youtube.com/watch?v=iMzCPaVIBJA[/youtube]
