Will Gold break 1300 soon.

thatguy said:
Seems to be a bit of a tussle over 1300. Armstrong I hears puts a bit of clout on a close over 1302
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yea I'm keeping an eye out for that figure.
 
given what bernanke is talking about - gold to 600 - silver to 8 would be what i think is coming

aud to usd 70c

there is no way gold and silver will have any sort of investment going ahead
 
haha just as Ben said they are willing to increase the buying rate if the economy stays down, gold started moving down. LOL you can only laugh =D
 
volrathy said:
given what bernanke is talking about - gold to 600 - silver to 8 would be what i think is coming

aud to usd 70c

there is no way gold and silver will have any sort of investment going ahead
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Wanna bet?

Last time I said that do you know what happened?

I was right against all the odds. Odds In my favour now.

Check this out, long but interesting read.

http://www.gata.org/node/12801
 
Yes, it went down so rapidly... touched 1,301.90 $, then took the dip...

Could we see the cascade continue? If so, then soon we'll see a dip below 1,200 $.
 
I'm wondering if we are going to see a short term spike for a few months then after the debt ceiling and QE issues are resolved we may then see a big downturn.....might be a chance to make some quick bucks?
 
Well not resolved but at least see more defined decisions on what EXACTLY Bernanke is going to do regarding the future of the U.S for say the next 5yrs or so.
 
TheEnd said:
Well not resolved but at least see more defined decisions on what EXACTLY Bernanke is going to do regarding the future of the U.S for say the next 5yrs or so.
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Nothing will be resolved until the system crashes.

But as far as Bernanke goes - he finishes in January 2014 (I think), now I have not met him but judging by his economic decisions and the type of personality he conveys - Ben Bernanke will make decisions that best suit Ben Bernanke's legacy, between now and January 2014, he will be spilling shit from both ends and the mainstream marketeers will lap it up. That's it. It's that simple. Lies, bullshit and procrastinations. The entire board of the Federal Reserve and the government of the US lack the skills, ability, guts and theoretical knowledge to prevent a meltdown. As do all western nations - and probably most nations.

We seem to be having the same conversation on a myriad of threads.
 
And I'll add all governments lack the ability too.

First thing I'll do as President of the Galaxy is declare myself outlawed and ban governments before going on an ole Janx Spirit bender.
 
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