Waiting for $1900 gold

Discussion in 'Gold' started by whinfell, Jun 27, 2016.

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  1. whinfell

    whinfell Well-Known Member Silver Stacker

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    :D
     
    whinfell, Jun 27, 2016
    #1
  2. Old Codger

    Old Codger Active Member Silver Stacker

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    I am waiting for AU$9999 Gold.

    OC
     
    Old Codger, Jun 27, 2016
    #2
  3. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    I just hit $1932 gold!

    Well, I traded out an ounce of gold when the GSR was 80:1 so I ended up with 80 ounces of silver which is worth $1932. I am still counting that!
     
    Jislizard, Jun 27, 2016
    #3
  4. masmas

    masmas New Member

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    I guess this will become reality, look at the news below:

    http://www.cnbc.com/2016/08/03/janu...dont-like-most-stocks-but-i-do-like-gold.html

    This news clearly has contributed some of the recent Gold price as well in this first half of the year.

    Furthermore in Asia, people are buying more Gold and keep it in Singapore:

    http://www.bloomberg.com/news/artic...pile-up-in-singapore-vault-on-quest-for-haven

    Therefore it's no surprise that Gold should or will at least AUD $ 2000 after the interest rate cut by RBA.

    Australia: http://www.theaustralian.com.au/bus...b/news-story/a6a15c100ce9f944b9ffd59ca0b69497
    Rest of the world: http://business.financialpost.com/n...ld-their-cash-in-negative-interest-rate-world
     
    masmas, Aug 24, 2016
    #4
  5. masmas

    masmas New Member

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    I guess Jim Rickard has been predicting this on the Friday, September 30th, 2016 that Gold will be more getting more expensive on October.
     
    masmas, Sep 17, 2016
    #5
  6. billybob888

    billybob888 Well-Known Member Silver Stacker

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    Dont have much gold, so im hoping for $1300 gold so i can buy more
     
    billybob888, Sep 17, 2016
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  7. Silver_Dealar

    Silver_Dealar Member

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    Didn't you just sell your whole stack fairly cheaply?
     
    Silver_Dealar, Sep 18, 2016
    #7
  8. willrocks

    willrocks Well-Known Member Silver Stacker

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    Your ship won't come in just because you're waiting for it. You need to go out and make things happen!
     
    willrocks, Sep 18, 2016
    #8
  9. masmas

    masmas New Member

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    Yes I agree, so next week is the best opportunity to buy some more Gold before 30th September 2016
     
    masmas, Sep 18, 2016
    #9
  10. billybob888

    billybob888 Well-Known Member Silver Stacker

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    Why 30th of september? Whats happening in october?
     
    billybob888, Sep 18, 2016
    #10
  11. masmas

    masmas New Member

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    masmas, Sep 18, 2016
    #11
  12. House

    House Well-Known Member Silver Stacker

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    That's been Jim Jim's rhetoric for a long, long time. I wouldn't pay any heed but you seem to have put him up on a pedestal, mentioning him in every second post.
     
    House, Sep 18, 2016
    #12
  13. House

    House Well-Known Member Silver Stacker

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    :lol: there you go again! Nothing will happen. Guaranteed.
     
    House, Sep 18, 2016
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  14. willrocks

    willrocks Well-Known Member Silver Stacker

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    Is there a summary for those who don't want to listen to his drivel?
     
    willrocks, Sep 18, 2016
    #14
  15. JulieW

    JulieW Well-Known Member Silver Stacker

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    Thank you for your kind introduction. I have books for sale. I once worked for the masters of the universe. We went broke. I learned a lot. China has lots of gold. The SDR will replace the dollar. Don't be afraid. This has happened before. The central bankers are wishing and hoping and pushing buttons that no longer work. I know because I talk to them all the time. I was at a meeting with them last week and the week before. It's an experiment. We've never been here before with so much money printing. The Fed can't raise interest rates. I suggest 10% of your investment funds in gold. Physical. Buy it now because you don't know when it will be unobtainable. I also like fine art and real estate.
     
    JulieW, Sep 18, 2016
    #15
  16. SteveS

    SteveS Member

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    The end of the world WILL happen.

    Buy gold.
     
    SteveS, Sep 18, 2016
    #16
  17. scrooged

    scrooged New Member

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    That makes a lot of sense.
     
    scrooged, Sep 18, 2016
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  18. scrooged

    scrooged New Member

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    Yes, when the world is entirely broke the first thing people will do is appreciate your art.
     
    scrooged, Sep 18, 2016
    #18
  19. JulieW

    JulieW Well-Known Member Silver Stacker

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    His theory is that the value remains after the system reboots.
     
    JulieW, Sep 18, 2016
    #19
  20. masmas

    masmas New Member

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    Yes, hard assets prevails and will be the right choice to invest in the long term.

    Property and Precious metals :)
     
    masmas, Sep 18, 2016
    #20
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