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!
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.
I know the feeling 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...
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.
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).
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...
"cheap buying time" 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 ? :/
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...