Sub $1600 (AUD) Gold?

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

  1. whinfell

    whinfell Well-Known Member Silver Stacker

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    It's geek speak for "substitute a 'B' for a 'T' everywhere in the current line".

    In other words, the OP meant $80B, not $80T.
     
  2. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    You need to start with a ":" ;)

    :lol: I doubted there were many sed (or vi/vim) users in this day and age but fishball's another fellow enlightened one.
     
  3. hihosilver

    hihosilver New Member

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    I understand ya! :cool:

    BTW, where can you get those 2.5oz Harrington? any place in Sydney? I'd like to have a closer look at those ;) wondering have you ever check them for tungsten? :rolleyes: seems like a likely candidate for the swifty to take place
     
  4. Phiber

    Phiber Well-Known Member Silver Stacker

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    Is there a minimum size below which tungsten just becomes too impractical?
    I would have thought this was "reserved" only to much larger bars.
    Any thoughts?
     
  5. RhythmDoctor

    RhythmDoctor Active Member

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    The point within a circle...
    Last person I knew to have one was Steve/Aurora Et Luna - he knows his Harringtons.

    Which is fairly lucky - here in Brissy all I've seen so far recently was a Mitsubishi 100g - seller wantyed spot +12%. No fething way!

    Might also be worth checking CityGoldBullion here in Brissy - they've usually got the lead on poured silver bars, but shhh... its 'hush hush' yeah?

    NB: As for my gold, I always get receipts from a dealer, taking pics of the bar with the receipt, then get it XRF'd if its over a 1oz blob. Never had anything go wrong, but better safe than sorry hey!? :D
     
  6. hihosilver

    hihosilver New Member

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  7. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    There we go ^_^
     
  8. Cind3r

    Cind3r Active Member Silver Stacker

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    to quote a friend of mine............ im very close to being correct
     
  9. Lunarowl

    Lunarowl Active Member Silver Stacker

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    Thanks for the heads up.. keep buying! :p
     
  10. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Cheers!

    Another ounce added, just let me know when you are next buying.
     
  11. hihosilver

    hihosilver New Member

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    picked up a 1oz'er today $1680, thought that wasn't too bad for a 2010 kango but rest assured it will drop more now that I purchase it :p it as a impulse purchase because I was going to hold out for lower prices...anyhow time will tell.
     
  12. TheEnd

    TheEnd Well-Known Member

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    So why the sudden $25 drop to 1675USD today.... Whats the latest news???
     
  13. bordsilver

    bordsilver Well-Known Member Silver Stacker

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    It's Christmas time and the long paper traders are closing their positions? I seem to remember the same happened last year (as I bought up cheap stuff).
     
  14. No1joey

    No1joey Member Silver Stacker

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    Gold dropped to the lowest in more than three months as signs that U.S. lawmakers may be closer to a budget deal boosted equities and reduced demand for the metal as an alternative asset.

    "If we're seeing something substantial come out of the budget talks in terms of finally getting spending under control, then that's bearish for gold,"

    http://www.bloomberg.com/news/2012-...s-budget-deal-optimism-spurs-commodities.html
     
  15. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

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    In the US, the Republicans appear to be suddenly softening on the much-hyped 'fiscal cliff'.

    There's talk of a Plan B revenue-raising tax bill which avoids the 'OMG INSTANT RECESSION!!!' option of automatic funding cuts and tax rises.

    Of course, nothing material actually has changed.
     
  16. TreasureHunter

    TreasureHunter Well-Known Member

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    What did I say in my post? Of course, then so many jumped at my neck!
    http://forums.silverstackers.com/topic-34159-potential-gold-crash-in-2013.html

    It could go way below this! And I could see it this year earlier!
    It's not something I want to happen, it's simply a strong correction and looks like gold has lost the momentum it had. Look at the "humps" in 2011 and 2012. Forget about figures and moving averages etc. Corrections are very strong. And if they are so strong, the stop-losses get triggered, bringing the prices lower.

    Yes, I know the feeling of how it is to "buy high" and then bite your nails later.

    I saw a Kitco video interview yesterday (could not find the link now), but an expert was predicting gold between 1,200 and 1,400 US $ next year!

    I think if it dips below 1,500 $, it could go even lower!

    Yes, it will be a great opportunity to buy: pick the bottom, if you can! :D
     
  17. thatguy

    thatguy Active Member

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    falling knives ouch falling knives ouch
     
  18. TreasureHunter

    TreasureHunter Well-Known Member

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    This is weird, it's dropping even more abruptly and going deeper.

    It's the US GDP growth that's primarily fueling it:
    http://www.thestreet.com./story/11798398/1/gold-prices-plunge-on-positive-gdp-data.html

    Many stop-losses must get triggered now... we might get a "waterfall".

    I wonder how deep this will go...
     
  19. Syd888

    Syd888 New Member

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    I propose we collectively buy an ounce of gold for Cind3r once in a while, so we can enjoy even greater discounts when the price drops! :lol:
     
  20. Cind3r

    Cind3r Active Member Silver Stacker

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    I've got the anti midas touch
     

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