Is it goin' sub-1,200 $?

Discussion in 'Gold' started by TreasureHunter, Feb 12, 2015.

  1. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Well sonofanitch... there it goes :(
     
  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    [​IMG]
     
  3. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    ^^^
    Not exactly how I'm feeling 'Pete.
    Last time it was this low was 5-6 yrs ago.
    That's a long time for my 'investment/savings/speculation/insurance' to go 'nowhere'
    Not feeling the love
     
  4. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    But I'll probably still buy ...just a little more :)
     
  5. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Its bouncing... and one day those rockets will fire.
     
  6. 1for1

    1for1 Well-Known Member

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    meh.. support around 1200 should hold .. 1192 and rebound -- glad to see oil get smashed down to 48.76 currently.. sweet :_)
     
  7. TreasureHunter

    TreasureHunter Well-Known Member

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    I saw something on Bloomberg TV about a week ago about 'possible 10 $ oil'. How about that?

    Gold might as well sink to 600 $. Didn't Louise Yamada tell us something about that "magic number" (600 $)?
    http://www.cnbc.com/id/101728300
     
  8. tolly_67

    tolly_67 Well-Known Member

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    Armstrong has oil down to $30 confirmed after the waterfall drop in price.
     
  9. 1for1

    1for1 Well-Known Member

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    Nice when is that happening?
     
  10. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Yeah, what's the timeframe on this? And what are the implications?
     
  11. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Gary Wagner; kitco News, Gold at a critical level at $1198.

    https://m.youtube.com/watch?v=IRiY4qgd1cE#

    In short if it breaks through, it'll keep going lower, but if there' solid resistance we're at the start of a new bull run.

    However after all these years, tech analysis still reminds me of druids reading entrails.
     
  12. TreasureHunter

    TreasureHunter Well-Known Member

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    ^ That is a very good video, Clawhammer. I always like to watch Gary Wagner's analyses.

    And it's been 1,190 $ already, it could go lower.
     
  13. TreasureHunter

    TreasureHunter Well-Known Member

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    It's hard to believe gold will sink lower than 1,000 $.

    Check charts in multiple currencies and after this spike, gold barely sinks a bit. Only in USD and Thai baht (THB) does gold perform so weakly.
    This could be temporary. And perhaps that Gary Wagner video is right, we might be ahead of the next bull market.

    I could barely find a few graphs in other currencies (besides the USD) that still show 'cheap gold'. If you look at the EUR/RUB/JPY/NOK/RUB/AUD/MYR, it's strongly bullish.

    ...looks like the bull market has started.

    While in SGD, it's somewhere "in between". Could go up, could go down.

    For some reason, gold also dipped seriously on the Thai baht chart.

    I could hardly believe we're into some massive fall. This dollar price dip might not last for long. If you have USD, better buy some gold while it's still under 1,200 $.
     
  14. tolly_67

    tolly_67 Well-Known Member

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    Price is the target.....time is variable.
     
  15. Oldsoul

    Oldsoul New Member

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    Well we've had armstong and dent on another thread who's next celente?

    Why do you listen to these people?

    Do you think they would be pimping books, speaking engagements and subscription newsletters if they could make tradable predictions? Why would they need to?
     
  16. dccpa

    dccpa Active Member

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    Someone else has to take the other side of the trades. :lol:

    https://www.youtube.com/watch?v=-ZBNdszL3iA
     
  17. Oldsoul

    Oldsoul New Member

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    Nah you give these 'personalities' on the edges of PM trading too much credit....selling DVDs and subscription newsletters has always been their gig. 'Save yourself from financial apocalypse with my insider newsletter, learn my top secret system with my DVD etc'. I they could predict markets they would not be chasing dimes for subscriptions, dvds. book sales, speaking gigs etc .

    [​IMG]
    Source:
     
  18. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=RRWAQ255qhs[/youtube]

    Anyone else feel like there's a little resemblance between Gil and Mike Maloney?
     
  19. TreasureHunter

    TreasureHunter Well-Known Member

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    Maloney must be having a hard time right now.
     
  20. Oldsoul

    Oldsoul New Member

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    [youtube]http://www.youtube.com/watch?v=ASSXB72CkJc[/youtube]
     

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