pick the gold bottom

Discussion in 'Gold' started by kennyfong, Oct 23, 2012.

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  1. kennyfong

    kennyfong New Member

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    My best guess is in the $1680-$1690 range.
    The bottom to be in the first week of November.

    I'm less confident on the dollar amount as I am on the time. But that's just my best forecast, and I'm often wrong!
     
    kennyfong, Oct 23, 2012
    #1
  2. thatguy

    thatguy Active Member

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    1706 looks real good right now... except Crimex is just around the corner that is
     
    thatguy, Oct 23, 2012
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  3. trew

    trew Active Member Silver Stacker

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    Wow Kenny's back
     
    trew, Oct 23, 2012
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  4. southerncross

    southerncross Well-Known Member Silver Stacker

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    Buzz
     
    southerncross, Oct 23, 2012
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  5. kennyfong

    kennyfong New Member

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    I still lurk occasionally - but seeing as I am now in the UK I don't trade. For now.
     
    kennyfong, Oct 23, 2012
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  6. davo0192

    davo0192 New Member

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    think we are all just waiting for the US elections..
     
    davo0192, Oct 23, 2012
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  7. soupdragon

    soupdragon Member

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    [​IMG]
     
    soupdragon, Oct 23, 2012
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  8. Nedsnotdead

    Nedsnotdead Active Member Silver Stacker

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    $1240
     
    Nedsnotdead, Oct 23, 2012
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  9. TheEnd

    TheEnd Well-Known Member

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    No way? 1500 ...maybe!
     
    TheEnd, Oct 24, 2012
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  10. No1joey

    No1joey Member Silver Stacker

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    No1joey, Oct 24, 2012
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  11. phynixbullion

    phynixbullion Member

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    How I wish you are right .....
     
    phynixbullion, Oct 24, 2012
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  12. thatguy

    thatguy Active Member

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    1698.67Au and 3152.5Ag look pretty damn convincing
     
    thatguy, Oct 25, 2012
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  13. kennyfong

    kennyfong New Member

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    As at 03/11 - 2:00am EST Gold price sits squarely at $1684 USD.
    So the first part of my forecast looks good on both price and time. The only uncertainty now is whether it is in fact the near-term bottom.

    Personally, I'm going to be averaging in over the next 3 trading days. Not backing up the truck, but I think this is quite a good buying opportunity.

    BTW, is there a price guessing competition this year? I do have fond memories of taking out the 2010/11 edition [with a lot of luck of course!]
     
    kennyfong, Nov 2, 2012
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  14. Auspm

    Auspm New Member

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    +1

    WB Kenny!
     
    Auspm, Nov 2, 2012
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  15. Lunarowl

    Lunarowl Active Member Silver Stacker

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    US Election on the 6th.. Make or break time :|
     
    Lunarowl, Nov 2, 2012
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  16. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    PM prices may break down before Tuesday then in 2 months time this dog and pony show will all be long forgotten and then it will be time for the US to face reality and that will be time to make gains on PM. Sit tight nothing has changed !
     
    Ronnie 666, Nov 2, 2012
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  17. No1joey

    No1joey Member Silver Stacker

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    I feel if Obama wins + if Romney wins -
     
    No1joey, Nov 3, 2012
    #17
  18. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Feeling the gold bug this weekend with the little dip
     
    RetardedMonkey, Nov 3, 2012
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  19. Silverthorn

    Silverthorn Well-Known Member

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    +1. wanted to buy a 2013 roo but didn't want to be forking out for it at a possible short term high. near enough is good enough now I think.
     
    Silverthorn, Nov 3, 2012
    #19
  20. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    I don't see any of them fixing anything - more of the same
     
    Ronnie 666, Nov 3, 2012
    #20
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