Gold...

[goldpelican]

...seems to be getting cheaper.

 

[southerncross]

Smoke and mirrors, but I'm buying

 

[Clawhammer]

"Gold" you say?!?

 

[STC]

Dear Santa..

 

[phynixbullion]

How low can she gooooo ?

 

[G-Log]

How low can she gooooo ?

Tonight I was reading thread on Kitco Forums " Deflation Preceeds (sic) Hyperinflation " and on last page 285 one participant says Gold will not go bellow $1490 USD and another agrees. Just thought it was actually very possible...then up, up and away.

 

[phynixbullion]

How low can she gooooo ?

Tonight I was reading thread on Kitco Forums " Deflation Preceeds (sic) Hyperinflation " and on last page 285 one participant says Gold will not go bellow $1490 USD and another agrees. Just thought it was actually very possible...then up, up and away.

Although she's heading upwards I don't think we have seen the bottom of this smack down .

 

[hiho]

weak hands hold firm

 

[No1joey]

Obama held his ground over higher taxing of top earners, cant find anything else that may of caused the drop.

 

[No1joey]

Oh well the bigger drop the bigger the up swing...

 

[Naphthalene Man]

I don't want an upswing (yet). I just want the drop

 

[bullionfrog]

I don't want an upswing (yet). I just want the drop

+1 will that be good if drop to 800? I will get a loan and buy few of kilos

 

[Naphthalene Man]

I don't want an upswing (yet). I just want the drop

+1 will that be good if drop to 800? I will get a loan and buy few of kilos

That is more than when i started buying. Will be a sense of de ja vu.
It'd be nice to restock my stash at those prices.

 

[G-Log]

What I don't understand is why, after the decision of Basel 3 to include gold as tier 1 asset, the price of gold has not yet significantly risen. It kicks in January 2013 so why the delay. The Basil 3 decision is supposed to such a game changer for the price of gold.

 

[REDBACK]

Hope it doesn't drop below $650..then i'm dead in the water

REDBACK

 

[RetardedMonkey]

I was thinking of buying some more silver, maybe I need to gold.

 

[Jislizard]

What ?!

No "BTFD"

I am glad I didn't squander all the SMSF money when I got it!

Adding ounces even as we speak

 

[RetardedMonkey]

Lowest prices for ouncers I can see is $1653 at Bullion Money.

 

[phynixbullion]

I was thinking of buying some more silver, maybe I need to gold.

What would be a good ratio the have silver x% gold x%
Thoughts please

 

[Byron]

I was thinking of buying some more silver, maybe I need to gold.

What would be a good ratio the have silver x% gold x%
Thoughts please

You'll get lots of different answers here.

I've heard (although i don't follow it myself) that the % of gold you should hold should be the same as your age eg if you're 40 then hold 40% gold etc. The rationale is that the older you get the less exposed you are to the more volatile silver.