Gold pops on FOMC, will drop later

Discussion in 'Gold' started by leon1998, Sep 21, 2016.

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  1. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    Hi, I like your username! :)
     
    Skyrocket, Sep 28, 2016
    #21
  2. Atomic79

    Atomic79 New Member

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    Thanks :/... I just tried to change it but, alas, I'm stuck with it !
    I would prefer Atomic79 ...
     
    Atomic79, Sep 28, 2016
    #22
  3. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Its a double edged sword... you need to look at currency fluctuations.

    Best bet is for Trump to win - gold to go higher on uncertainty and Aussie dollar to drop to 65c which will give gold a nice bump. But Hillary win could drop gold could drop and Aussie dollar stay or go slightly higher.
     
    Ipv6Ready, Sep 28, 2016
    #23
  4. Atomic79

    Atomic79 New Member

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    Any thoughts on that sudden drop in gold px?
     
    Atomic79, Sep 28, 2016
    #24
  5. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Just my thoughts, hopes of Trump winning being dashed.... and people who are long on gold selling out.
     
    Ipv6Ready, Sep 28, 2016
    #25
  6. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    Mi$$ Honey is better imo.

    You like my username? Good for bull market :D
     
    Skyrocket, Sep 28, 2016
    #26
  7. House

    House Well-Known Member Silver Stacker

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    I have unstuck you :)
     
    House, Sep 28, 2016
    #27
  8. leon1998

    leon1998 Member

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    GLD plunges again, @125.9

    LOL
     
    leon1998, Sep 28, 2016
    #28
  9. SilverSanchez

    SilverSanchez Active Member

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    So emotional. Divers plunge - markets rise and fall
    Unless you're on King world news where markets launch etc etc

    If markets plunge it would mean the the stock exchange itself would be falling out of the sky. Or for gold to plunge it would have been tossed from the empire state. Plunge means to lose altitude not a reduce in currency value.
     
    SilverSanchez, Sep 28, 2016
    #29
  10. masmas

    masmas New Member

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    It seems that for the long term until this year end, Gold will be bearish or becoming cheaper:

    [​IMG]

    What do you people reckon ?
     
    masmas, Sep 29, 2016
    #30
  11. ParanoidAndroid

    ParanoidAndroid Well-Known Member

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    We'll know more closer to the US election..
     
    ParanoidAndroid, Sep 29, 2016
    #31
  12. masmas

    masmas New Member

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    Yes, I guess that's the reason people dump gold making it lower this week. :mad:
     
    masmas, Sep 29, 2016
    #32
  13. Atomic79

    Atomic79 New Member

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    Rightio - that's why I couldn't log in!
    I will miss Mi$$ Honey - but it's time to move on
     
    Atomic79, Sep 30, 2016
    #33
  14. masmas

    masmas New Member

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    Nugget Hunter,
    If you have some better explanation, I'm all ears mate :eek:
     
    masmas, Sep 30, 2016
    #34
  15. Atomic79

    Atomic79 New Member

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    That sudden drop in gold px on 27/9 was related to an election debate.

    Gold at US$1325 seems stable again. I don't want to see it below $1325.
     
    Atomic79, Sep 30, 2016
    #35
  16. leon1998

    leon1998 Member

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    Turned out DB news was a fluke; gold price resumes dropping.

    As I am writing, GLD is at 125.55 ;P
     
    leon1998, Sep 30, 2016
    #36
  17. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    THATS LIKE WAITING FOR RUMP STEAK TO GO ON SPECIAL(STILL CANT BUY IT IF THE PIGGY BANK IS EMPTY(HOW MUCH POCKET MONEY DOES MOMMY GIVE YOU LOL)
     
    2nd_Hand_Gold_Man, Oct 1, 2016
    #37
  18. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    THANK GOD YOUR USING A KEYBOARD LEON ,PENCILS COST A FORTUNE(ITS THE PM LED CONTENT LOL) MAYBE BY SOME CHALK ? THAT WAY YOU CAN JUST USE A DUSTER TO CLEAR YOU F/UPS....ITS GETTING BORING (TAKE UP PING PONG AS PM,S AINT FOR YOU
     
    2nd_Hand_Gold_Man, Oct 1, 2016
    #38
  19. leon1998

    leon1998 Member

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    My system has showed a stunning signal:

    Gold price might drop below 1,300 usd/oz on next Monday.

    Well, let's see :rolleyes:
     
    leon1998, Oct 2, 2016
    #39
  20. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    flip a coin(same odds)
     
    2nd_Hand_Gold_Man, Oct 2, 2016
    #40
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