been watching gold for a short while now and looking for possibly another buying opportunity for some coins, ive watched it daily , hourly,weekly, etc etc and it all comes back to 789,788,787,786,786,787,790,786, do something else for goodness sake its like watching paint dry, what moves the price of this metal arghhhhhhhhhhhh
im not trading it im buying coins, if I buy coins at 786 and sell em back at 790 I still lose out obviously , physical metal wheres the profit in 3 difference when selling back to a bullion dealer
id rather be buying silver as I find it more affordable but the vat in this country means it has to sky rocket just to get your money back
Silver is more volatile then gold. When PMs goes down, silver will tank over gold resistance and when PMs go up, silver outperforms gold. This is true even on the hourly ebb and flow. The recent downward trend is why we have a high GSR atm. But VAT will make it non feasible anywho, so go gold.
Definitely got your wish. You have to be careful starting price threads on SilverStackers. It is a power to be used wisely.
ah yes but I could buy now and fall again tomorrow , don't fully understand why prices move that's all
When prices head up, you don't want to buy. When prices go down, you also don't want to buy. So when will you ever buy?
no I have recently bought at a higher price just more cautious as obviously ive learned that lower is better obviously as the first purchase I made is probably 50 down in a week should I sell it back so if I make a call to buy then lower is better you would agree wouldn't you
Don't have nor intend to have a gram gold. Silver all the way. Didn't leave a central planners controlled market (euro) to join another central planners controlled market (gold). For those that don't mind: ETFs and similar products 1997 0 1998 0 1999 0 2000 0 2001 0 2002 3 2003 39 2004 133 2005 208 2006 260 2007 253 2008 321 2009 617 2010 367.7 2011 154.0 2012 279.1 2013 -880.8 Net Government Sales (positive means it's [SUPPLY], negative means it's [DEMAND]) 1997 326 1998 363 1999 477 2000 479 2001 520 2002 547 2003 620 2004 479 2005 663 2006 370 2007 484 2008 236 2009 30 2010 77 2011 -455 2012 -544.1 2013 -368.6 ... it's maybe an idea to wait for central banks to become net selling again, and gold ETF stocks dumped the rest of what they bought since 2002. So far they only dumped 1/3 (last year 2013)
