Discussion in 'Stocks & Derivatives' started by SilverSanchez, May 14, 2012.
I'm about to puke.. the coffee i had this morning was terrible
Making crap coffee should be a crime
I can't imagine it going below $1200 again. But who knows?
I just wanted to know what sentiment was around,
Recently ive seen a few people 'lose their sh**' and start the blame game for why the metal prices are tanking,
Believe it or not thats a sign. I want the sellers to sell and be done with it.
If it breaks $1450 :|
gold back at 800 would make me happy lol... 1000 and i'd be content.
Lets see how I go
a member just reminded on this thread.
back to the top!
Spare cash and low gold price, or
rising gold price and reasonable stash, or
falling gold price and zero stash.
My intent is to only sell at a profit, so it's irritating to spend all my free cash in a dip and then see another, lower dip.
$1,400 is my WTF? price given cost inflation - I assume a couple of years of that would see a lot of mines and explorers throw in the towel.
I see this as a WTF episode that will not last. These prices are unsustainable not just on the production side but majorly on the traders side ultimately. Just as an example has anyone here been able to buy phys for the spot price on offer ?
about 900 would have me concerned
Im surprised to see it this low, I think it was Jim Rogers who stated it costs $1500 to mine it and have it market ready....so Id say no less than what it is now (1550 ish).Although to freak me the [email protected] out...below $1000 would do that...
... would you believe 2014?
Missed it by thaaaat much.
$1000 gold would be puke
This is the most exciting these markets have been since 2010
Ironically we are back to 2010 prices
Only difference is AUD is 20% more valuable compared to the USD than 2010
Well we have dropped below 900, since I have about another 20 years till I retire, I have seen this as a buying opprtunity.
indeed gold is an asset class. how many people are ready for $5/ounce silver?
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