Question: At what downside price for gold would make you puke?

Discussion in 'Stocks & Derivatives' started by SilverSanchez, May 14, 2012.

  1. Lunarowl

    Lunarowl Active Member Silver Stacker

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    I'm about to puke.. the coffee i had this morning was terrible :(
     
  2. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    :(
    Making crap coffee should be a crime ;)
     
  3. willrocks

    willrocks Well-Known Member Silver Stacker

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    I can't imagine it going below $1200 again. But who knows?
     
  4. SilverSanchez

    SilverSanchez Active Member

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    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.
     
  5. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    If it breaks $1450 :|
     
  6. dex

    dex Member

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    gold back at 800 would make me happy lol... 1000 and i'd be content.
     
  7. SilverSanchez

    SilverSanchez Active Member

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    Lets see how I go
     
  8. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    a member just reminded on this thread.

    back to the top!
     
  9. hyphenated

    hyphenated Active Member

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    Happiness =
    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.
     
  10. southerncross

    southerncross Well-Known Member Silver Stacker

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    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 ?
     
  11. VRS

    VRS Well-Known Member Silver Stacker

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    USD$1250/Oz
     
  12. Andy

    Andy New Member

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    about 900 would have me concerned
     
  13. tiddleyetom

    tiddleyetom Member

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    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...
     
  14. SilverSanchez

    SilverSanchez Active Member

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    ... would you believe 2014?

    [​IMG]
     
  15. Stackman

    Stackman Member Silver Stacker

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    Missed it by thaaaat much. :D
     
  16. thatguy

    thatguy Active Member

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    $1000 gold would be puke
     
  17. SilverSanchez

    SilverSanchez Active Member

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    This is the most exciting these markets have been since 2010 :)

    Ironically we are back to 2010 prices :D

    Only difference is AUD is 20% more valuable compared to the USD than 2010
     
  18. havo

    havo New Member Silver Stacker

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    gobble gobble
     
  19. Andy

    Andy New Member

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    Well we have dropped below 900, since I have about another 20 years till I retire, I have seen this as a buying opprtunity.
     
  20. havo

    havo New Member Silver Stacker

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    indeed gold is an asset class. how many people are ready for $5/ounce silver?
     

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