Gold bottom

Discussion in 'General Precious Metals Discussion' started by Iluvnumbers, Oct 19, 2011.

  1. Iluvnumbers

    Iluvnumbers Member

    Joined:
    Dec 19, 2010
    Messages:
    413
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Australia/Adelaide
    Hi All, just wondering if this has been discussed lately? Who thinks what, about the current dropping in price and has anyone been game to hazard a guess at its bottom this round. Seems like silver has been bandied around mid to low 20's of late , but what about gold?? (current spot AUD $1596.97, )
     
  2. Nugget

    Nugget Well-Known Member Silver Stacker

    Joined:
    Aug 16, 2009
    Messages:
    4,505
    Likes Received:
    42
    Trophy Points:
    48
    Location:
    Brisbogan
    I'm hoping that gold falls to $1k
     
  3. phynixbullion

    phynixbullion Member

    Joined:
    Sep 11, 2011
    Messages:
    306
    Likes Received:
    4
    Trophy Points:
    18
    Location:
    Melbourne , VIC
  4. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    [​IMG]
    Source:
     
  5. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,809
    Likes Received:
    2,601
    Trophy Points:
    113
    Location:
    here there everywhere
  6. phynixbullion

    phynixbullion Member

    Joined:
    Sep 11, 2011
    Messages:
    306
    Likes Received:
    4
    Trophy Points:
    18
    Location:
    Melbourne , VIC
    Id pay 2000 over spot for that
     
  7. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    last week we were picking bottoms this week were having gold bottoms
     
  8. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,809
    Likes Received:
    2,601
    Trophy Points:
    113
    Location:
    here there everywhere
    All yours ,I can't afford the maintance :lol:
     
  9. Guest

    Guest Guest

  10. Iluvnumbers

    Iluvnumbers Member

    Joined:
    Dec 19, 2010
    Messages:
    413
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Australia/Adelaide
    All good and thanks guys, BUTT how about some numbers?
     
  11. Mitchell

    Mitchell Member

    Joined:
    Apr 11, 2011
    Messages:
    205
    Likes Received:
    11
    Trophy Points:
    18
    Location:
    Australia
    No idea about time, but I think the lowest gold can go is in the vicinity of US$1450
     
  12. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

    Joined:
    Jun 5, 2010
    Messages:
    15,809
    Likes Received:
    2,601
    Trophy Points:
    113
    Location:
    here there everywhere
    I say $200 gold coins at face value would be nice :lol:
     
  13. BBQ

    BBQ Member

    Joined:
    Aug 29, 2010
    Messages:
    919
    Likes Received:
    16
    Trophy Points:
    18
    Location:
    Melbourne
    $1599.05 AUD as I write this.
    Man, haven't seen the one-fives in a while.
     
  14. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    If you are going to buy gold, buy now for you may never pass this way again.

    Who knows?

    I havn't got a clue short term but long term I'm going long.

    Regards Errol 43
     

Share This Page