Sub $1600 (AUD) Gold?

Discussion in 'Gold' started by RetardedMonkey, Dec 13, 2012.

  1. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    ZOMG!

    Buying opportunity.
     
  2. Auspm

    Auspm New Member

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    Merry Xmas,

    Love Mr Bernank.
     
  3. FlashInThePan

    FlashInThePan Member

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    May be more Xmas specials on over the coming festive season light trading smakdowns :)
    Looking good!

    Added the following with edit:
    Also like the stronger AU$ combined with the above!
     
  4. Cind3r

    Cind3r Active Member Silver Stacker

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    Why did i buy @$1700?!?!?!?!?!?!?!??!?

    Recon if i buy again it will drop another $100
     
  5. House

    House Well-Known Member Silver Stacker

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    Same reason I did, thought it would go up!

    Will keep on buying either way
     
  6. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Just let me know when you are about to make a purchase.
     
  7. Noppy

    Noppy New Member

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    Is he buying yet? I got the trigger finger ready :)
     
  8. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    I don't know why I get so excited by a $12 drop in gold, that is $12 per ounce and I only ever buy an ounce at a time.

    I could save more money by not going out for a coffee with the wife and mother-in-law every Sunday.

    Even so, I am excited and will buy another ounce if it drops by the cost of another cup of coffee.
     
  9. grinners

    grinners Active Member Silver Stacker

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    Very true :D
     
  10. Cind3r

    Cind3r Active Member Silver Stacker

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    Get ready for the price drop people!!! Just bought an ounce........ SUB $1500 by next week lol
     
  11. TreasureHunter

    TreasureHunter Well-Known Member

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    I know the feeling :p
    To stack. Don't sell, no matter how low it goes. I will eventually reach much higher... it might take a few years to climb, though.

    Marc Faber says it could dip below 1,500 US $, we're on a corrective pullback...
     
  12. valuecreator

    valuecreator Well-Known Member Silver Stacker

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    Enjoy my cheap Gold and Silver, Boys and Girls.

    Merry Christmas !!!

    Love, Ben Bernanke
     
  13. LovingtheSilver

    LovingtheSilver Active Member Silver Stacker

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    So much for the golden cross/cup and handle/elliot wave triple combo that was meant to guarantee rising prices :)
    Early next year maybe.. Oh well, im still on the same course of accumulating pms and cash.
     
  14. mdh

    mdh New Member

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    Looks like with $80T being dropped by helicopter ben a month it must mean "Risk On" nowadays ...
    Just means I'll be buying from 1610 down for phys delivery again until common sense prevails (not that common sense is that common in the markets nowadays).
     
  15. mdh

    mdh New Member

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    s/T/B/g
     
  16. Grimnar

    Grimnar New Member

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    the only common thing about common sense is that it is commonly uncommon.
     
  17. House

    House Well-Known Member Silver Stacker

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    What does that mean?
     
  18. RhythmDoctor

    RhythmDoctor Active Member

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    yeah... cheap buying time... can start buying larger bars than 1oz buttons for a change...

    Would talk more, but off to hunt those 2.5oz Harringtons... :D
     
  19. hihosilver

    hihosilver New Member

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    "cheap buying time" :rolleyes: it hasn't come back to below $1200 for me to call it "cheap buying time" and I"m sure there are plenty of SS out there who have their base line below the $1K :/ albeit a positive way to be tempted to buy more... the question is where do you think this latest dip will fall to ? :/ :p
     
  20. RhythmDoctor

    RhythmDoctor Active Member

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    Wrong - the question is how much do I accumulate... I'm not with St George, ANZ or Westpac, I bank with Bank of RD.

    I stack for security, and Gold is more secure than any other asset I've ever owned. <$1600 is good enough for me to buy in at... I'm not bothered about getting the apex of the dip, I just want to start accumulating again... and I've chose this moment to do it.

    Not a big balls competition fella, more of a how comfortable are you in your strategy. I won't use any fancy BS about 'cost averaging' or technical analysis. Simply 'I reckon spots low enough to buy in, so I'm buying'.

    Can you say the same? If so, great, were in the same boat...
     

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