March is around the corner, watch below for gold

JulieW said:
spannermonkey said:
Skyrocket said:
..past a wart actually :D
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Maybe on your watch :o
Mine runs to it's own beat :D
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"I'm sitting on my watch so I can be on time"

- Bob Dylan.
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I wonder if winding back an analog clock allows you to go back in time? i guess not otherwise Leon's timing wouldn't be wrong all the time.
 
did someone here make this?

I-rarely-ask-questions-But-when-I-do-I-ask-Leon-meme-26356.jpg
 
I think he is right. At this point it's still just a spike up on a long downward trend. It would have a little ways to go up yet before it breaks out of that trend. It's looking more likely that we'll have rate increases and money chasing those increases instead of gold and silver. The goal right now is eventually to hit 3% rate (and I think for this year 1.4%). That is a lot of rate increases and a lot of pressure against precious metals. And it's going to unfold for years. If it pans out they will keep going for more increases for years on end. If we get back to being able to make 5% in our savings accounts again where do you think all the money is going to go? It will be a guaranteed rate and almost risk free interest. Gold and Silver will look like turd investments compared to that for the general public.

However the dollar is also kind of high but could go either way though. It's on an uptrend but may want to pull back from these nice gains it's had. And I do see some cracks in the foundation of the economy too. So if things collapse it's Silver and Gold to the moon. I guess just do what you want to do but let's remember everyone is free to have an opinion. Should always have some gold and silver though. I'm still going to find the gains and follow cycles the best I can. I watched 40 oil stocks and most of those double and tripled this last year. I bought some of those at the bottom. Didn't get in enough though. Made some nice profits on what I did buy. Bought a lot more recently. Still have a massive upside potential. Making dividends too in the meantime. Ultimately you need to follow where you think the most is to gain. Don't have your heart stuck on one thing, and always diversify in case something doesn't pan out. People get tunnel vision with gold and silver. Don't get to attached to one thing. Try to step back and have an objective view of the entire markets.
 
Doom & gloom for January, no February ....
No , it will be March. Wait, it will be April.
God, May will be a disaster. Or it might be June.
Hell, what will July bring ???
Oh geez, I'm getting anxious now ....
August. That's it, August. No wait, ummm, September.
October ? Yes, October. No, November ... yes ?
No, December for sure !!
Yes, down with gold in December.
You are all doomed !!!
Sell, sell, sell .....
 
We should start a "gold will go down in April" post before Leon does. Then he will have nothing to say.
 
Gold has been rising for a while, probably due for a pull back sometime in march, and when that happens, leon will log on again and post some bold call eg gold going below 1000

Lets have a guess what the title of leons next post will be.....
 
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