Let me tell you when gold price will collapse again

Discussion in 'Gold' started by leon1998, Sep 22, 2016.

  1. leon1998

    leon1998 Member

    Joined:
    Nov 26, 2014
    Messages:
    690
    Likes Received:
    4
    Trophy Points:
    18
    Location:
    United States
    THE ANSWER is very simple: AFTER US presidential election is over.

    That will remove the market uncertainty; and the money inflow to precious metals will stop. Especially after Hillary is elected, gold's prospect will be doomed. Gold has a several years' headline resistance @1,400 usd/oz, and there is NOT enough time to break out before November. Any price close to that resistance, is a perfect opportunity for short sellers.
     
  2. Peter

    Peter Well-Known Member

    Joined:
    Jul 28, 2009
    Messages:
    2,676
    Likes Received:
    90
    Trophy Points:
    48
    Location:
    sydney
    If hillary wins, trumps undesirables wiii cause problems.
     
  3. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

    Joined:
    Jan 8, 2016
    Messages:
    3,621
    Likes Received:
    606
    Trophy Points:
    113
    Location:
    North Sydney
    Other than a few loonies in any group, most of them wont make a peep maybe get rowdy at the local pub lol. (ps this is the the same for either side)
     
  4. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    6,011
    Likes Received:
    612
    Trophy Points:
    113
    Location:
    Sydney
    So I gather that you have sold all your metal?
     
  5. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

    Joined:
    Jul 20, 2014
    Messages:
    5,710
    Likes Received:
    651
    Trophy Points:
    113
    Location:
    Melbourne
    Sammy, I was just about to lock Leon in on that.

    I think gold will jump because both candidates and their followers are trouble makers.
     
  6. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

    Joined:
    Jul 21, 2015
    Messages:
    2,331
    Likes Received:
    373
    Trophy Points:
    83
    Location:
    New South Wales
    Hillary might bring some status-quo political stability, but she isn't going to have fixed the problems in the global macro economy overnight. The fundamentals for gold will still be in place while we have negative real interest rates in play. I agree that gold might take a hit short term, and a rate rise in December probably won't help gold either, but longer term I think gold still does ok until some of the bigger problems actually get addressed and the fundamentals supporting it change.

    If Trump wins then it's GAME ON. Gold will spike and it'll be bigger than Brexit. You talk about Trumps undesirables causing trouble....but that's nothing compared to what the rabid left will try on if Trump wins. I think there will be some blood in the streets for sure. As I've said before, it may even be Trumps blood.
     
  7. SteveS

    SteveS New Member

    Joined:
    Aug 6, 2016
    Messages:
    940
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Brisbane
    If Trump wins, Clinton's fascist and feminist stormtroopers will cause much bigger problems.
     
  8. Abossy

    Abossy Member Silver Stacker

    Joined:
    Jun 20, 2012
    Messages:
    374
    Likes Received:
    13
    Trophy Points:
    18
    Location:
    Perth, WA
    haha :lol:
     
  9. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    12,774
    Likes Received:
    1,849
    Trophy Points:
    113
    Location:
    Australia
    If Hillary wins, the war drums will soon start beating and price of gold will go parabolic.
     
  10. wrcmad

    wrcmad Well-Known Member Silver Stacker

    Joined:
    Jan 2, 2012
    Messages:
    6,108
    Likes Received:
    220
    Trophy Points:
    63
    Location:
    Northern NSW
    No, it won't. :|
     
  11. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    7,533
    Likes Received:
    1,340
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    when there is open war, the markets will be closed, there is no price quote. so to say the price will be going up, its not going to happen there.

    but once it start trading again or re-open, prices would be way after a gap huge one, the old prices and new ones would not be compared anymore.
     
  12. Silverpv

    Silverpv New Member

    Joined:
    Jul 16, 2015
    Messages:
    484
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Los Angeles
    They are called 'Les Deplorable's'
     
  13. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

    Joined:
    Jul 21, 2015
    Messages:
    2,331
    Likes Received:
    373
    Trophy Points:
    83
    Location:
    New South Wales
    Yes. I love the Les Miserables comparisons.

    Hillary really f**ked up with that sledge. Really driving home the point that she is out of touch with the commoners. :lol:
     
  14. House

    House Administrator Staff Member

    Joined:
    May 1, 2012
    Messages:
    9,698
    Likes Received:
    293
    Trophy Points:
    83
    Location:
    Stack City
    Surely it will... I mean if the US Gov shutdown, GFC, debt ceiling drama, deliberate RMB devaluation, Jolie-Pitt Splitt, Brent level dropping ~50%, Baltic Dry Index at record lows, Chinese stock market crash, Cypriotic haircuts, Grecian debt etc etc didn't do anything for the gold price, this will!
     
  15. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    12,774
    Likes Received:
    1,849
    Trophy Points:
    113
    Location:
    Australia
    OMG I forgot Jolie-Pitt Splitt!!!!

    That makes all the difference.
     
  16. Caput Lupinum

    Caput Lupinum Active Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,785
    Likes Received:
    16
    Trophy Points:
    38
    Location:
    Silver Stackers forum
    What about higher headline inflation and nominal interest rates remaining low?
     
  17. Abossy

    Abossy Member Silver Stacker

    Joined:
    Jun 20, 2012
    Messages:
    374
    Likes Received:
    13
    Trophy Points:
    18
    Location:
    Perth, WA
    Didn't you see the opening post? There is no argument, it's 100% certain...

    "THE ANSWER is very simple: AFTER US presidential election is over."
     
  18. Topherclaus

    Topherclaus Active Member

    Joined:
    Nov 15, 2015
    Messages:
    556
    Likes Received:
    34
    Trophy Points:
    28
    Location:
    Northern Rivers, NSW
    In fact I'd SAY that gold will CLIMB quite well in the lead up and AS the UNCERTAINTY GROWS. In fact I reckon that $1400 is going to get nudged OR even broken.

    Is your keyboard knackered Leon? Writing with your random caps is actually really frustrating.

    Better sell up your trial game metals before the big crash buddy.
     
  19. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,662
    Likes Received:
    805
    Trophy Points:
    113
    Location:
    Australia
    Is she still upright?
     
  20. Holdfast

    Holdfast Well-Known Member

    Joined:
    Oct 15, 2009
    Messages:
    8,816
    Likes Received:
    83
    Trophy Points:
    48
    Location:
    Australia
    +1

    So will the amount of folk prepping.
     

Share This Page