Will Gold break 1300 soon.

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

  1. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,590
    Likes Received:
    1,948
    Trophy Points:
    113
    yea I'm keeping an eye out for that figure.
     
  2. volrathy

    volrathy Active Member

    Joined:
    Oct 29, 2012
    Messages:
    1,004
    Likes Received:
    0
    Trophy Points:
    36
    Location:
    Blue Haven NSW
    given what bernanke is talking about - gold to 600 - silver to 8 would be what i think is coming

    aud to usd 70c

    there is no way gold and silver will have any sort of investment going ahead
     
  3. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,590
    Likes Received:
    1,948
    Trophy Points:
    113
    haha just as Ben said they are willing to increase the buying rate if the economy stays down, gold started moving down. LOL you can only laugh =D
     
  4. volrathy

    volrathy Active Member

    Joined:
    Oct 29, 2012
    Messages:
    1,004
    Likes Received:
    0
    Trophy Points:
    36
    Location:
    Blue Haven NSW
    bernanke just got smashed
     
  5. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,590
    Likes Received:
    1,948
    Trophy Points:
    113
    Ben can't wait to leave his post =D feel sorry for who takes over.
     
  6. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    ROFLMAO.

    Wow that went down quickly.
     
  7. DanielM

    DanielM Active Member Silver Stacker

    Joined:
    Oct 23, 2012
    Messages:
    2,889
    Likes Received:
    29
    Trophy Points:
    38
    Location:
    Melbourne
    All you usually have to do is buy her a few drinks
     
  8. gimmiethegold

    gimmiethegold New Member

    Joined:
    Jun 26, 2013
    Messages:
    122
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Why's it down so much? I can't find any recent news
     
  9. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    Maybe cos they're really gonna taper QE?
     
  10. gimmiethegold

    gimmiethegold New Member

    Joined:
    Jun 26, 2013
    Messages:
    122
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    down 16.50
     
  11. menotcrimex

    menotcrimex Member Silver Stacker

    Joined:
    Feb 20, 2013
    Messages:
    689
    Likes Received:
    1
    Trophy Points:
    16
    Wanna bet?

    Last time I said that do you know what happened?

    I was right against all the odds. Odds In my favour now.

    Check this out, long but interesting read.

    http://www.gata.org/node/12801
     
  12. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    4,499
    Likes Received:
    1,182
    Trophy Points:
    113
    Location:
    Treasure Island
    Yes, it went down so rapidly... touched 1,301.90 $, then took the dip...

    Could we see the cascade continue? If so, then soon we'll see a dip below 1,200 $.
     
  13. TheEnd

    TheEnd Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    2,496
    Likes Received:
    26
    Trophy Points:
    48
    I'm wondering if we are going to see a short term spike for a few months then after the debt ceiling and QE issues are resolved we may then see a big downturn.....might be a chance to make some quick bucks?
     
  14. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,687
    Likes Received:
    4,450
    Trophy Points:
    113
    What do you mean by resolved?
     
  15. TheEnd

    TheEnd Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    2,496
    Likes Received:
    26
    Trophy Points:
    48
    Well not resolved but at least see more defined decisions on what EXACTLY Bernanke is going to do regarding the future of the U.S for say the next 5yrs or so.
     
  16. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
  17. TheEnd

    TheEnd Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    2,496
    Likes Received:
    26
    Trophy Points:
    48
    OMG my head is all dizzy after reading that!
     
  18. TheEnd

    TheEnd Well-Known Member

    Joined:
    Oct 6, 2011
    Messages:
    2,496
    Likes Received:
    26
    Trophy Points:
    48
    Its climbing ....AGAIN.... @8.45pm......... Straight up I tell you!
     
  19. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,687
    Likes Received:
    4,450
    Trophy Points:
    113
    Nothing will be resolved until the system crashes.

    But as far as Bernanke goes - he finishes in January 2014 (I think), now I have not met him but judging by his economic decisions and the type of personality he conveys - Ben Bernanke will make decisions that best suit Ben Bernanke's legacy, between now and January 2014, he will be spilling shit from both ends and the mainstream marketeers will lap it up. That's it. It's that simple. Lies, bullshit and procrastinations. The entire board of the Federal Reserve and the government of the US lack the skills, ability, guts and theoretical knowledge to prevent a meltdown. As do all western nations - and probably most nations.

    We seem to be having the same conversation on a myriad of threads.
     
  20. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,687
    Likes Received:
    4,450
    Trophy Points:
    113
    And I'll add all governments lack the ability too.

    First thing I'll do as President of the Galaxy is declare myself outlawed and ban governments before going on an ole Janx Spirit bender.
     

Share This Page