Is now a good time for buying gold?

[Oldsoul]

The big question is will Chinese money turn to gold as a haven while China crashes.....

China crashes? How you worked that out?

Source:


UFOs are clearly not a good source of up to date economic data or news.

What a surprise.

 

[Skyrocket]

Oldsoul = an idiot and a prick

 

[Naphthalene Man]

I think that sky rocket has an issue somewhere...

 

[alor]

The big question is will Chinese money turn to gold as a haven while China crashes.....

The stock markets may crash, the economy may go down, how does a country crashes? you mean like the whole country sink into the opening pit??

We seldom seen a city crashes like Atlantis.

 

[Oldsoul]

The big question is will Chinese money turn to gold as a haven while China crashes.....

The stock markets may crash, the economy may go down, how does a country crashes? you mean like the whole country sink into the opening pit??

We seldom seen a city crashes like Atlantis.

How about Japan?

China is going to have the hangover from hell.

-6 to -10 GDP within 18 to 36 months.

Come back and laugh and me if I am wrong by all means.

The Chinese stock markets will fold yes by at least 50%.

Boom and bust. A story as old as humanity.

Before you go flag wavy on me I think it is wonderful that China has had so many lifted out of poverty since 1980.

 

[alor]

Japan has so far been flat. In yen term it has double, but in another terms, no change.

Japan is worst than Russia, the aging is bad. Russian drink too much, they don't live very long, but replacement rate is improving fast.

Stock market crash can be a thing of the past, when government forced feed pension funds with the stocks of their choosing.
With China on the opposite of Japan, not sure Chinese will put their money in Japan. Japan do put their money in China.

 

[TreasureHunter]

Best time to buy
Jan low
April low
june low
Aug/Sept lows

Worst times

Feb
May
July
October
December

Chart it in your own currency though........this has always paid off for me.

There are always means to buy at less than spot if you look for them.

I thought October was supposed to be bearish. Last time the price went down a bit.
In 2014, the first half of October was very bearish, then the bulls kicked in.

 

[TreasureHunter]

So, I guess June is still a good time. I expect July to be bullish.

The price is dippin'. Not sure if it hits around 1,100 $ or goes below. EUR prices are so much different, though.

Gold in USD:

Gold in EUR:

 

[TreasureHunter]

^Gold climbed a lot in EUR.

Causes: EU QE, stronger dollar vs EUR

But now it looks like it wants to head down. See the 3 "humps"?

A bit like a tripple top. Not sure it is.

 

[fltacoma]

For the euro, it all depends on what deal greece wants to get into. Same goes for the usd.....pretty much the rest of the world lol