Buying the dip.

Gold is crashing! Must be because it's not backed by anything... ;)

Would love to buy more but many other considerations right now. Will see how low she goes.
 
made a significant purchase for the SMSF last tuesday when it was $1684, got a lovely price from goldstackers :)
 
Buying the dip. that is the case for gold

but for silver

we buy the 45% crash!!! :)
 
I'm from Singapore. Let me tell you all this.

US government is now painting lies on mainstream media about US jobless and economic situations. And US total debts is already beyond US$15 Trillion.

However, the Elites have planned for the Euro to crash first. That is why prominent investors like Marc Faber and Jim Rogers go long on USD. They know what's coming.
 
Meow said:
I'm from Singapore. Let me tell you all this.

US government is now painting lies on mainstream media about US jobless and economic situations. And US total debts is already beyond US$15 Trillion.

However, the Elites have planned for the Euro to crash first. That is why prominent investors like Marc Faber and Jim Rogers go long on USD. They know what's coming.
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Good to know being from Singapore gives you instant credibility. Otherwise Id have to say you are a troll.
 
2 Oz said:
Silly me ... Bought on Monday, watched it slide ever since, I just cannot pick it
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You picked it, indeed. The fact that you made the purchase puts you infront of many others. There's no bad price for gold at the moment, buy more you wont regret it. :cool:
 
I thought i already bought on the dip, but the 1/5 coin from RAM. sun set roo :) not cheap.
 
No regrets here actually, when I called around to see what was available across the bullion dealers desks in Brisbane I was shocked, apparently they had very little on hand, no one ounce coins at either of them.

I'm reckoning on a month or so where the price of gold will go nowhere, am hoping for increase in price in new year. Just how low it ay go or how long it's staying down I don't know. What's the word on the streets?
 
Gold is due in for a correction like Jim Rogers says "its gone up for 11 years in a row", its had a strong year this year and another Lehmans like event could send the price down to $1400 which there has got to be one coming out of Europe soon its just a matter of if not when, followed by a huge rebound like we saw when the QE programs started

Just think its a good idea to have more dry powder atm for when that happens and continue buying smaller amounts on the smaller dips
 
Bought the last dip at around $1611. Of course the dealer quote was $1613. If I wasn't expecting a USD rally the first half of next year, I would have no problem with buying in the $1700 area. Right now, I am mainly building up cash.
 
Wout said:
Gold is due in for a correction like Jim Rogers says "its gone up for 11 years in a row", its had a strong year this year and another Lehmans like event could send the price down to $1400 which there has got to be one coming out of Europe soon its just a matter of if not when, followed by a huge rebound like we saw when the QE programs started

Just think its a good idea to have more dry powder atm for when that happens and continue buying smaller amounts on the smaller dips
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I agree that gold needs a correction and the dollar needs a rally. In AUD, id bet my chocolate hat that if gold corrects, the AUD will correct more. Net increase in AUD price of gold. Look at 2008 during its correction there when priced in AUD.
 
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