Will Gold break 1300 soon.

Discussion in 'Gold' started by TheEnd, Jul 16, 2013.

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  1. TheEnd

    TheEnd Well-Known Member

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    There has been some big volatility lately...straight ups and straight downs of near $10 each way..... I think we may see it break 1300 this week?
     
    TheEnd, Jul 16, 2013
    #1
  2. alexisio

    alexisio New Member Silver Stacker

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    $1400 in Oz.
     
    alexisio, Jul 16, 2013
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  3. TheEnd

    TheEnd Well-Known Member

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    I mean USD!
     
    TheEnd, Jul 16, 2013
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  4. DanielM

    DanielM Active Member Silver Stacker

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    I took it the wrong way, I must be stuck in downward spiral mode, I checked the charts and was like what's he talking about, it's already under us$1,300! Then it clicked, you mean up, I guess it depends on what mr Bernanke is told to say next
     
    DanielM, Jul 16, 2013
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  5. TreasureHunter

    TreasureHunter Well-Known Member

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    Upper 1,280's now... :/
     
    TreasureHunter, Jul 16, 2013
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  6. Dustin

    Dustin New Member

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    Needs to not only break 1300, but then 1320 and 1340 in quick succession. I prefer it just going straight to $1500 :)
     
    Dustin, Jul 16, 2013
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  7. Matthew 26:14

    Matthew 26:14 New Member

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    With the AUD at 92c against the USD, gold @ $1,400 is not particularly attractive as an investment. I'd say its in a "neutral" price point in AUD terms, which means if you dont have any gold you might dip you toe in the water with a small purchase but if you are already a holder its not time to increase your exposure above your long term asset position.
     
    Matthew 26:14, Jul 16, 2013
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  8. Dustin

    Dustin New Member

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    Stalling at 1290-1300...or is it? Get ready for take off..

    But, I could be wrong :p
     
    Dustin, Jul 17, 2013
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  9. TheEnd

    TheEnd Well-Known Member

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    For some reason it just WILL NOT break 1300....I wonder why? Is it Jim Rogers new predictions???
     
    TheEnd, Jul 17, 2013
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  10. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    I'll tell you why... it was doing fine until I bought some Krugs... then ffffft! :(

    Typical
     
    Clawhammer, Jul 17, 2013
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  11. Altima

    Altima Well-Known Member Silver Stacker

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    Maybe it's because the correction in prices isn't over yet?
     
    Altima, Jul 17, 2013
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  12. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    Not long to go before $1300 is broken. Why do you listen to the likes of Jim Rogers. Do you really believe he would be telling you what he is doing. You may at best hear 3-6 months later what he did.
     
    Ronnie 666, Jul 17, 2013
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  13. TheEnd

    TheEnd Well-Known Member

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    Woah straight up ten bucks.... 1996USD at 11.30pm.
     
    TheEnd, Jul 17, 2013
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  14. menotcrimex

    menotcrimex Member Silver Stacker

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    1300.90 usd
     
    menotcrimex, Jul 17, 2013
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  15. leo25

    leo25 Well-Known Member Silver Stacker

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    I can understand why people like Jim Rogers tell everyone it will drop more. That way he can tell all the naysayers to shut the f@#& up if it does drop due to BS.

    But do what he does & not what he says, and what he does is BUY BUY BUY!
     
    leo25, Jul 17, 2013
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  16. alor

    alor Well-Known Member Silver Stacker

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    BYE BYE BUY CHEAP GOLD :)
     
    alor, Jul 17, 2013
    #16
  17. TreasureHunter

    TreasureHunter Well-Known Member

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    It might fall, don't be so optimistic!
     
    TreasureHunter, Jul 17, 2013
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  18. leo25

    leo25 Well-Known Member Silver Stacker

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    wouldn't surprise me to wake up tomorrow and hear that Ben said he will increase QE 10x and gold crashed to $200. In this crazy world anything can happen.

    Anywho I picked up these today just in case.

    [​IMG]
     
    leo25, Jul 17, 2013
    #18
  19. thatguy

    thatguy Active Member

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    Seems to be a bit of a tussle over 1300. Armstrong I hear puts a bit of clout on a close over 1302
     
    thatguy, Jul 17, 2013
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  20. volrathy

    volrathy Active Member

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    QE in england has been voted down.

    Bernanke on rack to rollback QE in September .. Why did the prices go up and the USD weaken by 1c
     
    volrathy, Jul 17, 2013
    #20
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