your thoughts on gold price in the next 21days

[2nd_Hand_Gold_Man]

After the 10% plus gold made in the last fortnight does anyone know were the price may be heading next
pick a number
1 snails pace up?
2 snail pace down
3 drop like a rock
4 steady as she goes
5 no bloody idea lol its gold and does as it likes
im thinking of adding to the stack and would like a little feedback b4 i splash the cash
cheers all
best wishes and kind regards

 

[DanielM]

Obviously in AUD terms?

 

[Peter]

It's always a good time to buy gold.
Even if it goes down, you'll still have it.

 

[Killface]

A little from column 4 and a little from column 5?

My guess is it will yo-yo for a while as did last week and close down a bit on 12th March.

Silver, maybe up.

I wanna start trading unallocated but am holding off until the price drops a bit.

But who frickin knows!?

 

[willrocks]

Yes. All of the above.

 

[mmissinglink]

Normal volatility.





.

 

[tiddleyetom]

No5

 

[Mintaka]

USD will weaken, price of PMs to rise in USD. Hold steady in AUD.

 

[tiddleyetom]

What if the US fed raises rates in March?
Gold surely will take a $50 dip..

 

[Stoic Phoenix]

a 5 who wants a 3 followed by a 1

 

[willrocks]

What if the US fed raises rates in March?
Gold surely will take a $50 dip..

Ha. It's very unlikely they would. Even Sportsbet has it a 5:1 odds. With the most likely bet being 2017 or later.

When will the Reserve Next Lift Rates

March 2016 5.00
April 2016 5.00
June 2016 5.00
July 2016 7.00
September 2016 11.00
November 2016 11.00
December 2016 11.00
2017 or later 2.50

http://www.sportsbet.com.au/betting/financial/us-federal-reserve?LeftNav

 

[Killface]

So how did we all go?

Weekend closes in AUD:

Gold $1652.19

Silver $20.46

Though Perth closes were somewhat higher.

I don't have access on my phone to data from 20th Feb when we made our guesses, er, predictions.

Seems the bumpy ride has been largely due to USD volatility but in a sense I guess that's always the case.

 

[tiddleyetom]

So how did we all go?

Weekend closes in AUD:

Gold $1652.19

Silver $20.46

Though Perth closes were somewhat higher.

I don't have access on my phone to data from 20th Feb when we made our guesses, er, predictions.

Seems the bumpy ride has been largely due to USD volatility but in a sense I guess that's always the case.

The AUD was about 1690 on the 21st .. on my post.

 

[Golightly]

What if the US fed raises rates in March?
Gold surely will take a $50 dip..

Ha. It's very unlikely they would. Even Sportsbet has it a 5:1 odds. With the most likely bet being 2017 or later.

When will the Reserve Next Lift Rates

March 2016 5.00
April 2016 5.00
June 2016 5.00
July 2016 7.00
September 2016 11.00
November 2016 11.00
December 2016 11.00
2017 or later 2.50

http://www.sportsbet.com.au/betting/financial/us-federal-reserve?LeftNav

Pffft what are odds on another drop? Some thing has to keep the housing market going !!!

 

[mmissinglink]

Up and down.




.

 

[tiddleyetom]

More down to come I reckon..

 

[Peter]

Down for a while, then up again.

 

[Ipv6Ready]

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"Gold will go up and come down again."

But if you are a savvy sophisticated investor and want to be treated like VIP with all the top secret cabal strategies it will only cost you two ounces silver.
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"Silver will go up one day"

 

[Dutz]

 

[tiddleyetom]

1640 AUD
Thats a $50 dip (from my post - the 21st)
Will it go further ?