$2600 Gold

Discussion in 'Gold' started by slavaja, Feb 24, 2020.

  1. slavaja

    slavaja Well-Known Member Silver Stacker

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    I know I am jumping gun again but I reakon $2600 by end of the week before I correction?
     
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  2. minimilled

    minimilled Active Member

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    Correction depends on the Koreareaction
     
  3. slavaja

    slavaja Well-Known Member Silver Stacker

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    Korea is on 833 atm
     
  4. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Our Sydney sunrise is a distinct possibility given momentum at present.
     
  5. madaw1

    madaw1 Well-Known Member

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    Gold still firing up-$2600 can reach even tomorrow,unless...
     
  6. slavaja

    slavaja Well-Known Member Silver Stacker

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    Seems like this gold bull run is just getting started
     
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  7. mongrelmaple

    mongrelmaple Well-Known Member Silver Stacker

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    Definitely. Look for a correction when gold hits around $1800-$1850 USD, then it’s game on.
     
  8. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    not when 'alor' starts selling... he'll bring spot price to south :mad:
     
  9. Oddjob

    Oddjob Well-Known Member Silver Stacker

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  10. slavaja

    slavaja Well-Known Member Silver Stacker

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    Does alor have a lot?
     
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  11. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Running joke that alor is a high ranking CCP member
     
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  12. slavaja

    slavaja Well-Known Member Silver Stacker

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    Ahhhhhh I see lol
     
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  13. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    His real name is Vladimir Putin.... his house is Kremlin
     
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  14. Slimey

    Slimey Well-Known Member

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    This is the pattern I was hoping for. It is the same as the 70's with a 'v' shape from the 1st high ( about $200) to the 1975 low and back up to the high again. The next big move will take it to about $2300 and then retest back to about $1900. This will take a year or two.
     
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  15. alor

    alor Well-Known Member Silver Stacker

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    I suspect that Barry blow his billion left over on the yellow metal :D
     
  16. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Are you quoting USD?
     
  17. Slimey

    Slimey Well-Known Member

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    yes, USD...the only difference between the patterns is time frame...this pattern is about 3 times the length in time for each yearly movement
     
  18. 66rounds

    66rounds Well-Known Member Silver Stacker

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    The question is how will the AUD be acting during this pattern. I doubt we will ever see USD parity again but will we drop as low as 0.50. if so then it doesn't matter what spot looks like, it's a good time to buy right up until 1900 usd
     
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  19. boneyard

    boneyard Well-Known Member Silver Stacker

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    I won $18.30 on Lotto last night.
     
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  20. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I had been gradually reducing my USD deposits in stages since the second half of last year, moving it into gold and so far it has been doing well. Yes, the USD has strengthened in the last 1 month, but gold has risen even more. At the moment, barring short term fluctuations, gold is the best currency. Silver is second best.

    Meanwhile, I'm still waiting for the minsky moment to buy black gold. The smart money is all waiting on the sidelines.
     
    Last edited: Feb 25, 2020
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