London bridge is falling down

Gino said:
Beware the falling knife!
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in a way that's what I'm thinking :/ I reckon it going to drop fast and bounce up as fast too so, have your finger on the trigger when it happens as I have had for perhaps the last 6 bloody months :cool: only this time I'm thinking more gold over silver but I'm not bias :D
 
Silver Bullion Boy said:
Yes, I would say its going down for a while then to da moon!!
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How far do you think? For my money, no. Maybe wavering between 28 and 31, but I wouldn't be waiting until sub 26 before buying.
 
My gut tells me the same. My only facts though are Spain. Everything is rising again on hope around Greece. Will Spain suddenly go wrong?

I am waiting to buy some shares and missed the dip but am nervous about buying now!
 
I think you may see it hit the mid 20's maybe under? I have my eye on things waiting for the big drop then I will be buying! Hold on folks its coming!!
 
It felt like only 5 minutes ago half the board was saying you'll never see sub $30 again.

$27's and more worryingly there appears a divergence from the stocks rally metals rally :(
 
I do wonder about the idea that negative events have already been priced in, eg. Greece leaving the euro, people have already accounted for this possibility in the current of of G&S.
The charts show a triple bottom, obviously there is pretty strong support around the $1520 mark.

I do worry about a fall in the AUD, if we see a fall in the AUD it seems likely in the short term we would see most other asset prices fall also ala 2008, would be unfortunate if we missed out on the cheaper prices due to a weaker AUD.

My gut feeling with all of the negative sentiment at present, is we may see a short term rally as fears ease over europe, followed by a strong correction again.

Nothing in the markets seems to make sense anymore.
 
I'll bet my left one that we see sub $20 before we see above $45. I have had this thought for a long time (hey a yippee). I honestly didn't think the Greece/PIIGS/Euro drama would take so long to unravel. So predicting time is a no go for me.
 
We had a huge drop today in both silver and gold. I didn't think it would come down again. But now that it has I would say low 20 by summer.
 
Viper_99 said:
We had a huge drop today in both silver and gold. I didn't think it would come down again. But now that it has I would say low 20 by summer.
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I was thinking I'll need a new signature in a day or two, and guess what? i just found it! :D
 
vishy said:
I do wonder about the idea that negative events have already been priced in, eg. Greece leaving the euro, people have already accounted for this possibility in the current of of G&S.
The charts show a triple bottom, obviously there is pretty strong support around the $1520 mark.

I do worry about a fall in the AUD, if we see a fall in the AUD it seems likely in the short term we would see most other asset prices fall also ala 2008, would be unfortunate if we missed out on the cheaper prices due to a weaker AUD.

My gut feeling with all of the negative sentiment at present, is we may see a short term rally as fears ease over europe, followed by a strong correction again.

Nothing in the markets seems to make sense anymore.
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including your charting I suspect :D
 
Lovey80 said:
I'll bet my left one that we see sub $20 before we see above $45. I have had this thought for a long time (hey a yippee). I honestly didn't think the Greece/PIIGS/Euro drama would take so long to unravel. So predicting time is a no go for me.
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can you clarify what you mean by "left one" just so that all countries don't get this meaning which maybe lost in translation :lol:
 
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