$1800 gold

Discussion in 'Gold' started by rbaggio, Aug 10, 2011.

  1. zurnaik

    zurnaik Member

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    Friday close either $1799 or $1840
     
  2. goldpanner

    goldpanner New Member

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    I predicted $1800 by the end of the year in a previous thread - now I think I was conservative! :p
    It has got there too quick, it will fall back - because they will have to make another announcemnt to slow it down!
     
  3. Goldmember

    Goldmember Member

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    I "borrowed" your downward spiralling silver girl GP and made a few adjustments :p
     
  4. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    I think we'll see a correction, but with the Americans admitting they're screwed for at least the next few years, who knows?
     
  5. Silverthorn

    Silverthorn Well-Known Member

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    margin hikes.

    http://www.marketwatch.com/story/cme-hikes-gold-margins-but-prices-still-rising-2011-08-10
     
  6. Sargeant Argent

    Sargeant Argent New Member

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    Not a bad thing if it can drop the price back down a bit I agree gold will go up but 100 dollars a week is unsustainable. This margin increase should slow down treading a bit if that combines with a slump in the value of the USD in relation to the aussie dollar or in my case the canadian dollar that could offer another dip giving us all an opportunity to add a little to the gold stack!
     
  7. Ilikemetals

    Ilikemetals Member

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    1800 is insane! Not a good reflection of global economic health at all, i'm not too sure that my meagre investment in gold will outweigh the other financial struggles we will face alongside these profits...
     
  8. rbaggio

    rbaggio Active Member Silver Stacker

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    Maybe gold is now starting to account for all of the fiat out there?

    Obviously it will correct at some point.

    Maybe the correction will be from $5000 to $3000?
     
  9. Silverthorn

    Silverthorn Well-Known Member

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    I don't know much about (ch)arts but I know what I like and the three day spot chart looks nice. Higher highs, higher low. Maybe a new high when london opens?
     
  10. Gold Kiwi

    Gold Kiwi New Member Silver Stacker

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  11. thatguy

    thatguy Active Member

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  12. Midnight Man

    Midnight Man Member Silver Stacker

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    Meh, what the heck. I'm a newb, but I'll throw my hat in and say 5pm AEST Friday AUD$1737.00/oz.

    And you can all start laughing at 5.01pm - no earlier, k?
     
  13. Teh silvers

    Teh silvers Member

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    Put on ch 9 if your in Melbourne news .talking about gold.quick
     
  14. Teh silvers

    Teh silvers Member

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    They were just talking about raiding your jewelry box for old gold.haha
     
  15. Goldmember

    Goldmember Member

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    Down $50 odd bucks from the $1800...good we've had a correction really,brings some sanity to the price.Want ti to keep on creeping up steady as she goes.

    Dont want another repeat of the silver price in May do we...?
     
  16. Gold Kiwi

    Gold Kiwi New Member Silver Stacker

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  17. Midnight Man

    Midnight Man Member Silver Stacker

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    You guys are too nice, no-one laughed! ;)
     
  18. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    So how long do we wait before AUD$1800? I was hoping about a week ago that it would still be low to mid 16's right now.
     
  19. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Likewise, lol.
     
  20. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    It's funny, we have anxiety attacks when spot drops, have anxiety attacks when spot stagnates, have anxiety attacks when spot skyrockets - how do we sleep at night? :lol:
     

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