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

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    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

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    Define short term.
     
  3. slavaja

    slavaja Well-Known Member Silver Stacker

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    The next 3 months
     
  4. kezza26

    kezza26 Active Member

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    In comparison to USD?
     
  5. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    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

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    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

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