will rise or fall

is gold going to rise in the next month or fall?
your thoughts thank you
happy stacking to all

 

it fell

 

looks like leon was right

 

in time it will rise again, so then the person that said it would rise at some point of time will be right.

 

I think it will be falling down still until the end of this year.
The US Feds (auntie Janet Yellen) said that the IR will be increased

See the below prediction:

 

great news(NOT) heading into XMAS :|

 

That graph needs at least 4 more lines to make it convincing.

 

@House,
Which lines ? Feel free to edit the chart I posted above.

 

Flip a coin and you will be rite 50% most of the time (leon wasnt right he just flips a coin and this time it landed his way) :lol::lol: leon :lol::lol:

His last 7 predictions WERE WRONG.SO ON HIS 8TH flip of the coin he was rite? if i was leon with his winning odds/form of 1 in 8 wins or a 12.5 win rate and a 87.5% LOSS rate id NEVER GAMBLE AGAIN(OR OPEN MY MOUTH ON SS FORUMS............................................



HAPPY STACKING TO ALL

 

Rise or fall,don't we all wish we knew the answer to that question = $$$$$$$$$$$$$$$$

But saying that,if you buy Gold - For Profit - then you are buying it for the wrong reasons.

But if you buy it as history tells it's story being - Insurance - then it is business as usual.

This world and it's well documented drama's still has a long way to play out yet.

Buy Gold - Hold Gold - Sleep Well.

Goodnight

 

:lol: :lol: :lol: :lol:

 

Up.
Insecurity about election,economy and war.

 

Yes, that what Jim Rickards stated in his book.
I guess if you buy Gold for profits, then you must do the day-trading using COMEX, GDX, or any other instrument that is classified as paper gold.

 

Aliens are systematically taking all the GOLD. They took mine. All I saw was yellow lights in the sky!!

 

I'd like to know how many who hold gold/silver and or still buying have a mortgage and or personal loan.
I'm also interested into the thinking of why hold or buy gold/silver when you have to pay interest on these loans.

 

I have both, since investing in hard asset according to Jim Rickards and Bill Gross is the way to go in this uncertain times.

Plus, if you read this infographics, then you'll understand the future potential of Gold.


Source: http://www.visualcapitalist.com/

Hope that helps.

 

mortgage and or personal loan free here
Now if i did have a 200k loan and 100k of bullion onhand id be pretty much selling that 100k of bullion to throw at the home loan.
100k of bullion can become 90k of bullion over night (thems the risks of holding bullion)were as 100k of Fiat will be 100k of Fiat the next morning after the bullion has dropped 5% (or a drop of 6.3% as per the last week) and yes it can rise as fast as it falls . (at the end of the day holding gold long term and waiting for a profit is very risky.In 2020 gold could be lower than spot price today,then again it could be much higher (we hope) thats the RISK of holding onto gold(ITS A GAMBLE JUST LIKE SHARES )
Dont forget (and im sure you wont lol) a loan is compounded, and 100k off a loan(now) works out to be well over 160k off the loan over a 25yr mortgage......
Other than to dabble in small amounts of bullion for fun say 1K to 5K,id be selling up the rest and taking that FIAT straight into the bank to bring the loan down or pay it out(what ever the case may be).
Whats todays rates? 5% on a home loan?, 7% to 9% on a car loan, and a massive 24% and higher on the old credit card ALL COMPOUNDED (those devil banks at work again)
Better to bring the home loan down now, than to wait 5 to 10 years and take the chance the rates do jump to a possible 7,8,9%). and i know it can get nastier (been there) i was around when rates for a home loan were****** 18% PLUS******** OUCH
Home loans are the WORK OF THE DEVIL (LOCK EM IN FOR 30YRS AND SUCK EM DRY)............... my 2 cents worth
happy staking

 

2nd_Hand_Gold_Man,

Many thanks for the sharing and the tips for investing in both Precious Metals and Property.

Ever since I read this news regarding Gold (by the best author on the subject of investing Jim Rickards and Bill Gross):

https://www.janus.com/insights/bill-gross-investment-outlook/august
http://www.bloomberg.com/news/artic...n-t-like-bonds-most-stocks-favors-real-assets

http://dailyreckoning.com/elites-new-case-gold/
http://portphillippublishing.com.au/2016/08/jim-rickards-the-new-case-for-gold/

All of them published in August 2016 hence I'm starting to accumulating physical Gold & Silver bullions aside from my property investment.

Let us know here if you have some other or better experts to follow in precious metals investing.

FYI, the current best rate that I can find so far is Westpac 15 years Interest Only loan @ 4.15% p.a

 

NO WORRIES AT ALL MATE.BEST WISHES AND KIND REGARDS, AND BEST OF LUCK IN IN WHAT EVER YOU DO
2ND HAND GOLD MAN