Gold nearing bottom.

[tolly_67]

In any turn, the stocks will lead the gold price.
Look at NCM, it is not moving down very fast, still near $20
Even if gold does reach $930, I doubt NCM will go below the $15 mark.
I believe stronger hands have the stock and are anticipating the low.
A very, very good sign.

 

[masmas]

Not yet, I believe the re will be more Interest Rate hiked again next year by the US Feds.

 

[billybob888]

^^Maybe another hike december 2017 if they dont get a recession

 

[Ronnie 666]

95+ Million people out of the labour force
Deficit spending of 1.2-1.4T per year
Debt of 20T and heading for 40T in the next 10 years
State pension funds going broke
Infrastructure disintegrating
Fake economic numbers
Banks admitting to manipulation in all markets


.... it smells like a depression already. I don't think we need to wait any longer

 

[betterlatethannever]

In any turn, the stocks will lead the gold price.
Look at NCM, it is not moving down very fast, still near $20
Even if gold does reach $930, I doubt NCM will go below the $15 mark.
I believe stronger hands have the stock and are anticipating the low.
A very, very good sign.

You are clearly trying to manipulate the price of Gold - STOP NOW

Does the number - 1518 sound familiar to you :lol:

Merry Christmas

 

[masmas]

^^Maybe another hike december 2017 if they dont get a recession

Billy,

Yes, there will be some more Interest Rate increase possibilities as described in this official website: http://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html

So it is not the good time to buy Gold yet.

 

[Ipv6Ready]

With the fundamentals, wouldn't gold be in 3 digit by end of 2017

 

[masmas]

With the fundamentals, wouldn't gold be in 3 digit by end of 2017

Yes, that's what I've been waiting for next year before converting / exposing all of my SuperAnnuation into Gold

 

[betterlatethannever]

95+ Million people out of the labour force
Deficit spending of 1.2-1.4T per year
Debt of 20T and heading for 40T in the next 10 years
State pension funds going broke
Infrastructure disintegrating
Fake economic numbers
Banks admitting to manipulation in all markets


.... it smells like a depression already. I don't think we need to wait any longer

and -

# "jobs growth" are mostly part time - "living" from week to week at best.
# wage increase less than 1% over 10 years (?)

I am 100% sure that 2017 will leave you saying - I didn't see that coming or that or that or even that and it won't be all about the ecomonics

2017 will go down in the record books without a doubt - enjoy

Merry Christmas