Discussion in 'Gold' started by GoldenEye, Jun 20, 2019.
there is sovereign risk and USD is lesser attractive with lower rates for foreign investors
Market Closed - $2,216,67
AUD - $0.68
Gold treaded water this week giving no signal but it is still running with the bulls
The Book of Proverbs Chapter 22 verse 2
The rich and the poor have this in common,the Lord is the maker of them all
I'm still waiting and still have a strong feeling the $1500 USD and even more so the $1550 USD marks are going to be a real barrier to not only get over but to stay above, as once that happens i think the price will go nuts for some time before as always returning to some semblance of normality.
GOLD Vs. PAPER MONEY: Production Cost Is A Good Indicator Of Real Value
Read this article & see why there will be a mass exodus from Paper & Digits into Precious Metals as JOE SIXPACK realises what is REAL MONEY.
Previous support is being tested, could be some buying opportunity coming.
Yeah it looks ominously like a H&S. Technically, if it plays out to the downside, then next target 1400 which is smack on previous support.
However, I see a potentially much more lucrative SELLING opportunity before any buying opportunity.
Below 1475, short it baby!
I expect gold and silver to fall all week, The Chinese market is closed for golden week all week. A perfect opportunity for manipulators speculators to knock the market down hard.
Where do you expect the bottom to be? I dont see gold falling much lower than 1470 usd but would be happy if it did.
The bottom will be Friday 11th October, whatever that will be. Last chance to buy gold cheap. I don't think China will allow HK protests to continue after the 70th celebrations.
Already slightly lower than my expectations. Hopefully can pick up an ounce around 1400 USD before we take off again
Once in a lifetime opportunity. Hk and trade war deferred until the holidays are over. Did you see the military parade? Makes Russia’s victory day parade look like a Disney Mickey mouse parade. Putin needs to buck up.
They are on the same side. With their co-operation with other Nations building the OBOR (One Belt, One Road), which the Western Lame-Stream Media will not tell we (the Western SHEOPLE about).
The Russkies & heaps of other Countries are building while the West is trying to keep the status quo.
Not gonna happen, Got gold? sure have.
Do you mean China's side? If so, Russians need to learn Mandarin because they will need to speak Mandarin in China, not English. This is the future.
The whole world is about to be shaken by the rise of China & the East.
We in the west bought stuff off the east with paper & digital promises to pay in the future (cars, furniture, gadgets, junk, etc.), well, the future is here, & unless there is a world wide war, these promises to pay have to be paid. Another RANT OFF. _JLG.
I don't think many in Western world understand what the rise of China is about. It's not about politics or ideology. It's not even about communism which is a Western ideology btw.
What just happened in the US?
At 10am US time gold spiked USD17-20.00 in 1-2 minutes....any news just hit the airways?
Kitco says ISM non manufacturing index missed key targets
And back down just as quick
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