Poll: the price of gold

Discussion in 'Gold' started by slavaja, Mar 4, 2020.

?

Where do you think gold is headed in the short term?

  1. Higher

    50.0%
  2. Lower

    12.5%
  3. Sideways

    37.5%
  1. slavaja

    slavaja Well-Known Member Silver Stacker

    Joined:
    Oct 3, 2010
    Messages:
    1,089
    Likes Received:
    767
    Trophy Points:
    113
    Location:
    Melbourne
    Cast your votes and comments! Gold priced in AUD in the next three months
     
    Last edited: Mar 5, 2020
  2. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    2,987
    Likes Received:
    3,389
    Trophy Points:
    113
    Location:
    Melbourne
    Define short term.
     
  3. slavaja

    slavaja Well-Known Member Silver Stacker

    Joined:
    Oct 3, 2010
    Messages:
    1,089
    Likes Received:
    767
    Trophy Points:
    113
    Location:
    Melbourne
    The next 3 months
     
  4. kezza26

    kezza26 Active Member Silver Stacker

    Joined:
    Oct 28, 2013
    Messages:
    220
    Likes Received:
    68
    Trophy Points:
    28
    Location:
    New Zealand
    In comparison to USD?
     
  5. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,925
    Likes Received:
    6,515
    Trophy Points:
    113
    Location:
    Sydney
    My thoughts are that share money may go into gold, but at the same time gold will be sold to replace cashflow. I voted sideways.
     
  6. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

    Joined:
    May 25, 2018
    Messages:
    3,892
    Likes Received:
    1,963
    Trophy Points:
    113
    Location:
    Singapore
    I vote higher but in the very short term of 1 month it may fall or go side ways but surge towards the end of the “short term” as real panic sets in. My wild Guess only only..

    There will be some retail selling of physical gold but it will be more than offset if the billionaires start to panic and sweep off all the kilobars. It doesn’t take a lot to make all retail gold bullion go out of stock and the panic FOMO physical grab will begin.

    If people can grab toilet rolls, they can grab gold. The reason it hasn’t started is because the smart money are still buying secretly.
     
    Last edited: Mar 5, 2020

Share This Page