Godlike Productions - Conspiracy Forum
Users Online Now: 2,599 (Who's On?)Visitors Today: 708,778
Pageviews Today: 1,016,747Threads Today: 252Posts Today: 5,660
09:35 AM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

GOLD WILL NEVER REACH $1900!

 
Punk-A$$ets (OP)

User ID: 1410297
United States
08/10/2011 07:20 PM

Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
I think we are close to a bubble in gold, yes. Bet youre all surprised. Gold will likely still double and triple or "whatever" from here. The rise is nowhere near done IMO. Margin hikes will kill this rally short term I think. Then gold might trade sideways for a long time. There isnt anything to make gold go down that i can see, short of some serious deflation that gold cant even thwart. But that means oil at $30 and much cheaper living and thats a good thing for my customers. So, I win anyway. In the end, I have made enough money already so that if the whole "gold" thing comes down its fine with me. I took profit the whole way up. Most didnt.
 Quoting: Punk-A$$ets




I don't think you have a clue, by your posts through this thread. You bounce around idea to idea that best fits the time you are.....
 Quoting: Anonymous Coward 1494370


I dont have a clue. You're right about that. And neither does anyone else. Why else would I be 50% gold and 50% cash as I have so often said here and every other forum I belong to? I think it would be insanity to be all in cash. I think it would be insanity to be all gold. In my opinion I am playing things as safely as one can. Damned if you do and damned if you dont. Wo knows the future? No one.
 Quoting: Punk-A$$ets


But the problem with that paper is that the trend is devaluation. Not just here but globally. I no longer have faith in any paper anything. It's a tough situation we're in. I'd probably figure out some other asset to be in besides cash. Like maybe put in a solar system or windmill... Anything but paper.
 Quoting: Anonymous Coward 1501235


Yes, but remember what I do with that paper. Its the dry powder I buy the dips in gold with. I have no doubt that the FED will succeed in creating runaway inflation. Thankfully our biz is once again going gang busters. On the next correction (gawd, i hope soon) I'll have a serious new stash. Most people chase the highs. I buy the very lows and if my initial low isnt right, I buy again on the further low. This method has served me well so far.
Gold Prices:

12/31/2000 - $273
12/31/2005 – $516
12/31/2010 - $1,421
12/31/2011 - $1,566
12/31/2012 - $1,676
12/31/2013 - $1,204

Looking for $900/$1100 for gold to bottom. $14-$16 for silver.
krave

User ID: 1501275
New Zealand
08/10/2011 07:20 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
who woulda thought that greed would be humanities undoing.

see i can be sarcastic as well :D
Mojofabulous

User ID: 1476210
United States
08/10/2011 07:21 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
$150/oz in 8 days. Unreal
Modern Earthquake Activity:
Thread: UPDATED 10/23/11: Earthquake activity from 1990-2011 charted. Pin for education!

Gold and Silver Station:
[link to www.godlikeproductions.com]

Best Comedy Videos:
Thread: Laugh....DAMNIT!!!

If you appreciate these threads I have made, please share the love by giving karma.

The first step in enabling yourself to learn anything is to actively throw away all your assumptions. This is a continual process, as most assumptions aren't known to exist until you stumble upon them.
Punk-A$$ets (OP)

User ID: 1410297
United States
08/10/2011 07:22 PM

Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
Three weeks ago I bought 2 Random year american eagles. The price over spot was 'as low as' 73.99 at that time(on apmex.com).

Today those very same types of coins, on apmex, are selling for 97.99(over spot). That is an increase in price of $24 PER COIN over just three weeks, all for the privilege of being able to hold your physical.

If this increase is a simple function of supply and demand then the message is clear: Supply is falling.
 Quoting: Mojofabulous


But is it really? Or is it just one oz eagles (or whatever type of round that are scarce)? We could buy klios and 10 oz bars a lot cheaper. Who's got the money for a bunch of those?
 Quoting: Punk-A$$ets


In 2010 major players(governments international banks) added around 75 metric tons to their inventories. This year so far they have added 210 metric tons as of like a month ago.

I saw the comex inventories as of May and they were very very very very low. June and July are supposed to be the heavy buying months. I have been unable to find a current inventory graph. I'd be delighted if someone could show us current inventories.
 Quoting: Mojofabulous


Yeah, I got caught up in the COMEX inventories years ago and its just never played out to a default. I'm not saying it wont happen but I stopped following it.
Gold Prices:

12/31/2000 - $273
12/31/2005 – $516
12/31/2010 - $1,421
12/31/2011 - $1,566
12/31/2012 - $1,676
12/31/2013 - $1,204

Looking for $900/$1100 for gold to bottom. $14-$16 for silver.
Mojofabulous

User ID: 1476210
United States
08/10/2011 07:29 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
Three weeks ago I bought 2 Random year american eagles. The price over spot was 'as low as' 73.99 at that time(on apmex.com).

Today those very same types of coins, on apmex, are selling for 97.99(over spot). That is an increase in price of $24 PER COIN over just three weeks, all for the privilege of being able to hold your physical.

If this increase is a simple function of supply and demand then the message is clear: Supply is falling.
 Quoting: Mojofabulous


But is it really? Or is it just one oz eagles (or whatever type of round that are scarce)? We could buy klios and 10 oz bars a lot cheaper. Who's got the money for a bunch of those?
 Quoting: Punk-A$$ets


In 2010 major players(governments international banks) added around 75 metric tons to their inventories. This year so far they have added 210 metric tons as of like a month ago.

I saw the comex inventories as of May and they were very very very very low. June and July are supposed to be the heavy buying months. I have been unable to find a current inventory graph. I'd be delighted if someone could show us current inventories.
 Quoting: Mojofabulous


Yeah, I got caught up in the COMEX inventories years ago and its just never played out to a default. I'm not saying it wont happen but I stopped following it.
 Quoting: Punk-A$$ets


Ya I'm not expecting a default. Just a slowly increasing rate of extra cost to own the physical. That bump in fee cost at apmex is a 25% increase over just three weeks. Gold has gone up in price a little under 10% since then. So we're talking about a 15% hike in the fees associated with owning the physical.
Modern Earthquake Activity:
Thread: UPDATED 10/23/11: Earthquake activity from 1990-2011 charted. Pin for education!

Gold and Silver Station:
[link to www.godlikeproductions.com]

Best Comedy Videos:
Thread: Laugh....DAMNIT!!!

If you appreciate these threads I have made, please share the love by giving karma.

The first step in enabling yourself to learn anything is to actively throw away all your assumptions. This is a continual process, as most assumptions aren't known to exist until you stumble upon them.
Anonymous Coward
User ID: 1501235
United States
08/10/2011 07:29 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
...




I don't think you have a clue, by your posts through this thread. You bounce around idea to idea that best fits the time you are.....
 Quoting: Anonymous Coward 1494370


I dont have a clue. You're right about that. And neither does anyone else. Why else would I be 50% gold and 50% cash as I have so often said here and every other forum I belong to? I think it would be insanity to be all in cash. I think it would be insanity to be all gold. In my opinion I am playing things as safely as one can. Damned if you do and damned if you dont. Wo knows the future? No one.
 Quoting: Punk-A$$ets


But the problem with that paper is that the trend is devaluation. Not just here but globally. I no longer have faith in any paper anything. It's a tough situation we're in. I'd probably figure out some other asset to be in besides cash. Like maybe put in a solar system or windmill... Anything but paper.
 Quoting: Anonymous Coward 1501235


Yes, but remember what I do with that paper. Its the dry powder I buy the dips in gold with. I have no doubt that the FED will succeed in creating runaway inflation. Thankfully our biz is once again going gang busters. On the next correction (gawd, i hope soon) I'll have a serious new stash. Most people chase the highs. I buy the very lows and if my initial low isnt right, I buy again on the further low. This method has served me well so far.
 Quoting: Punk-A$$ets


OK... Different story. Didn't know you were talking about trading cash. You're doing it right obviously. I just bought and held. Not good at timing, but bought 5 years ago. :)

I'm going to have to disagree though. Gold is in a breakout and it only needs another 100. I think it will make it.
Drizzt

User ID: 1500149
United States
08/10/2011 07:31 PM

Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
George Soros announced not long ago that he was selling his gold, in what I'm sure is/was an attempt to lower the value so he could scoop it up.

My question is, "was that his entire hand or does he still have a card or two to play"? He obviously wasn't successful in lowering the price just by announcing that he was selling.

Perhaps this meltdown isn't what was intended by tptb. At least not this bad, this quick. I include George in the category of tptb. It's nice to picture him shitting his pants.

Wishful thinking?
 Quoting: Drizzt


He sold his paper gold because he knows (like anyone else that has done 10 minutes of research)that the GLD has sold more Gold certificates than they hold in physical metal.

History repeats itself..........over and over and over again.
 Quoting: Anonymous Coward 1496782


I'm aware that paper gold isn't worth the paper it's printed on. However that wasn't my question. He announced with intent. He doesn't go public with announcements unless he has an angle. He probably doesn't wipe his own ass unless he gets something for it.
 Quoting: Drizzt


It's the same thing when he said (pay close attention)

"That Gold "will be" the ultimate bubble"

And what did the MSM do with that quote ?

They published it as "Gold is in a bubble"
2 different quotes.
It's all an attempt by the money printers to control the stampede out of their "legal Tender" that "they" control and print.
 Quoting: Anonymous Coward 1496756


Agreed, but it didn't appear to work the way he intended, since gold is still on the rise, and people are still buying. So one possible conclusion is that tptb are losing control of this moneystrosity "they" created.

The real question in a nutshell is this,"is he shitting his pants or not"?
I wait, I watch and I hope, but my hands are near to my blades.
Anonymous Coward
User ID: 1501235
United States
08/10/2011 07:31 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
...




I don't think you have a clue, by your posts through this thread. You bounce around idea to idea that best fits the time you are.....
 Quoting: Anonymous Coward 1494370


I dont have a clue. You're right about that. And neither does anyone else. Why else would I be 50% gold and 50% cash as I have so often said here and every other forum I belong to? I think it would be insanity to be all in cash. I think it would be insanity to be all gold. In my opinion I am playing things as safely as one can. Damned if you do and damned if you dont. Wo knows the future? No one.
 Quoting: Punk-A$$ets


But the problem with that paper is that the trend is devaluation. Not just here but globally. I no longer have faith in any paper anything. It's a tough situation we're in. I'd probably figure out some other asset to be in besides cash. Like maybe put in a solar system or windmill... Anything but paper.
 Quoting: Anonymous Coward 1501235


Yes, but remember what I do with that paper. Its the dry powder I buy the dips in gold with. I have no doubt that the FED will succeed in creating runaway inflation. Thankfully our biz is once again going gang busters. On the next correction (gawd, i hope soon) I'll have a serious new stash. Most people chase the highs. I buy the very lows and if my initial low isnt right, I buy again on the further low. This method has served me well so far.
 Quoting: Punk-A$$ets


Dang. You might be right...

LOS ANGELES (MarketWatch) -- U.S. exchange operator CME Group CME said late Wednesday it is raising the margin requirements for trade in a wide range of gold products, effective Thursday.

[link to silvergoldsilver.blogspot.com]
EconomicCalamity

User ID: 1343978
United States
08/10/2011 07:32 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
...


He sold his paper gold because he knows (like anyone else that has done 10 minutes of research)that the GLD has sold more Gold certificates than they hold in physical metal.

History repeats itself..........over and over and over again.
 Quoting: Anonymous Coward 1496782


I'm aware that paper gold isn't worth the paper it's printed on. However that wasn't my question. He announced with intent. He doesn't go public with announcements unless he has an angle. He probably doesn't wipe his own ass unless he gets something for it.
 Quoting: Drizzt


It's the same thing when he said (pay close attention)

"That Gold "will be" the ultimate bubble"

And what did the MSM do with that quote ?

They published it as "Gold is in a bubble"
2 different quotes.
It's all an attempt by the money printers to control the stampede out of their "legal Tender" that "they" control and print.
 Quoting: Anonymous Coward 1496756


Agreed, but it didn't appear to work the way he intended, since gold is still on the rise, and people are still buying. So one possible conclusion is that tptb are losing control of this moneystrosity "they" created.

The real question in a nutshell is this,"is he shitting his pants or not"?
 Quoting: Drizzt


Shorts got crushed and there is massive demand on the buy side.
Punk-A$$ets (OP)

User ID: 1410297
United States
08/10/2011 07:33 PM

Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
...


He sold his paper gold because he knows (like anyone else that has done 10 minutes of research)that the GLD has sold more Gold certificates than they hold in physical metal.

History repeats itself..........over and over and over again.
 Quoting: Anonymous Coward 1496782


I'm aware that paper gold isn't worth the paper it's printed on. However that wasn't my question. He announced with intent. He doesn't go public with announcements unless he has an angle. He probably doesn't wipe his own ass unless he gets something for it.
 Quoting: Drizzt


It's the same thing when he said (pay close attention)

"That Gold "will be" the ultimate bubble"

And what did the MSM do with that quote ?

They published it as "Gold is in a bubble"
2 different quotes.
It's all an attempt by the money printers to control the stampede out of their "legal Tender" that "they" control and print.
 Quoting: Anonymous Coward 1496756


Agreed, but it didn't appear to work the way he intended, since gold is still on the rise, and people are still buying. So one possible conclusion is that tptb are losing control of this moneystrosity "they" created.

The real question in a nutshell is this,"is he shitting his pants or not"?
 Quoting: Drizzt


I think this guy has more gold than many countries CBs do. He knows what time it is.
Gold Prices:

12/31/2000 - $273
12/31/2005 – $516
12/31/2010 - $1,421
12/31/2011 - $1,566
12/31/2012 - $1,676
12/31/2013 - $1,204

Looking for $900/$1100 for gold to bottom. $14-$16 for silver.
Punk-A$$ets (OP)

User ID: 1410297
United States
08/10/2011 07:35 PM

Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
...


I dont have a clue. You're right about that. And neither does anyone else. Why else would I be 50% gold and 50% cash as I have so often said here and every other forum I belong to? I think it would be insanity to be all in cash. I think it would be insanity to be all gold. In my opinion I am playing things as safely as one can. Damned if you do and damned if you dont. Wo knows the future? No one.
 Quoting: Punk-A$$ets


But the problem with that paper is that the trend is devaluation. Not just here but globally. I no longer have faith in any paper anything. It's a tough situation we're in. I'd probably figure out some other asset to be in besides cash. Like maybe put in a solar system or windmill... Anything but paper.
 Quoting: Anonymous Coward 1501235


Yes, but remember what I do with that paper. Its the dry powder I buy the dips in gold with. I have no doubt that the FED will succeed in creating runaway inflation. Thankfully our biz is once again going gang busters. On the next correction (gawd, i hope soon) I'll have a serious new stash. Most people chase the highs. I buy the very lows and if my initial low isnt right, I buy again on the further low. This method has served me well so far.
 Quoting: Punk-A$$ets


Dang. You might be right...

LOS ANGELES (MarketWatch) -- U.S. exchange operator CME Group CME said late Wednesday it is raising the margin requirements for trade in a wide range of gold products, effective Thursday.

[link to silvergoldsilver.blogspot.com]
 Quoting: Anonymous Coward 1501235


Its inevitable. And GOOD. Otherwise gold goes truly parabolic way too fricken soon.
Gold Prices:

12/31/2000 - $273
12/31/2005 – $516
12/31/2010 - $1,421
12/31/2011 - $1,566
12/31/2012 - $1,676
12/31/2013 - $1,204

Looking for $900/$1100 for gold to bottom. $14-$16 for silver.
Drizzt

User ID: 1500149
United States
08/10/2011 07:38 PM

Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
...


I'm aware that paper gold isn't worth the paper it's printed on. However that wasn't my question. He announced with intent. He doesn't go public with announcements unless he has an angle. He probably doesn't wipe his own ass unless he gets something for it.
 Quoting: Drizzt


It's the same thing when he said (pay close attention)

"That Gold "will be" the ultimate bubble"

And what did the MSM do with that quote ?

They published it as "Gold is in a bubble"
2 different quotes.
It's all an attempt by the money printers to control the stampede out of their "legal Tender" that "they" control and print.
 Quoting: Anonymous Coward 1496756


Agreed, but it didn't appear to work the way he intended, since gold is still on the rise, and people are still buying. So one possible conclusion is that tptb are losing control of this moneystrosity "they" created.

The real question in a nutshell is this,"is he shitting his pants or not"?
 Quoting: Drizzt


I think this guy has more gold than many countries CBs do. He knows what time it is.
 Quoting: Punk-A$$ets


I figured as much, but one can hope. He is old.....
I wait, I watch and I hope, but my hands are near to my blades.
Mojofabulous

User ID: 1476210
United States
08/10/2011 07:39 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
Gosh, who saw that coming??? Uh, everyone.
Modern Earthquake Activity:
Thread: UPDATED 10/23/11: Earthquake activity from 1990-2011 charted. Pin for education!

Gold and Silver Station:
[link to www.godlikeproductions.com]

Best Comedy Videos:
Thread: Laugh....DAMNIT!!!

If you appreciate these threads I have made, please share the love by giving karma.

The first step in enabling yourself to learn anything is to actively throw away all your assumptions. This is a continual process, as most assumptions aren't known to exist until you stumble upon them.
Anonymous Coward
User ID: 1501235
United States
08/10/2011 07:40 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
...


But the problem with that paper is that the trend is devaluation. Not just here but globally. I no longer have faith in any paper anything. It's a tough situation we're in. I'd probably figure out some other asset to be in besides cash. Like maybe put in a solar system or windmill... Anything but paper.
 Quoting: Anonymous Coward 1501235


Yes, but remember what I do with that paper. Its the dry powder I buy the dips in gold with. I have no doubt that the FED will succeed in creating runaway inflation. Thankfully our biz is once again going gang busters. On the next correction (gawd, i hope soon) I'll have a serious new stash. Most people chase the highs. I buy the very lows and if my initial low isnt right, I buy again on the further low. This method has served me well so far.
 Quoting: Punk-A$$ets


Dang. You might be right...

LOS ANGELES (MarketWatch) -- U.S. exchange operator CME Group CME said late Wednesday it is raising the margin requirements for trade in a wide range of gold products, effective Thursday.

[link to silvergoldsilver.blogspot.com]
 Quoting: Anonymous Coward 1501235


Its inevitable. And GOOD. Otherwise gold goes truly parabolic way too fricken soon.
 Quoting: Punk-A$$ets


I can agree, I just thought it had more steam.

But... After reading another post on that site, I believe we might be getting close to blowoff. We could be entering the "commercial collapse" phase. And I don't make that comment lightly.
Punk-A$$ets (OP)

User ID: 1410297
United States
08/10/2011 07:47 PM

Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
...


Yes, but remember what I do with that paper. Its the dry powder I buy the dips in gold with. I have no doubt that the FED will succeed in creating runaway inflation. Thankfully our biz is once again going gang busters. On the next correction (gawd, i hope soon) I'll have a serious new stash. Most people chase the highs. I buy the very lows and if my initial low isnt right, I buy again on the further low. This method has served me well so far.
 Quoting: Punk-A$$ets


Dang. You might be right...

LOS ANGELES (MarketWatch) -- U.S. exchange operator CME Group CME said late Wednesday it is raising the margin requirements for trade in a wide range of gold products, effective Thursday.

[link to silvergoldsilver.blogspot.com]
 Quoting: Anonymous Coward 1501235


Its inevitable. And GOOD. Otherwise gold goes truly parabolic way too fricken soon.
 Quoting: Punk-A$$ets


I can agree, I just thought it had more steam.

But... After reading another post on that site, I believe we might be getting close to blowoff. We could be entering the "commercial collapse" phase. And I don't make that comment lightly.
 Quoting: Anonymous Coward 1501235


I'll try to find that article. Panic is in the air so it could really happen anytime. I wish not for a few years. That would give me some more time to act on my master plan.
Gold Prices:

12/31/2000 - $273
12/31/2005 – $516
12/31/2010 - $1,421
12/31/2011 - $1,566
12/31/2012 - $1,676
12/31/2013 - $1,204

Looking for $900/$1100 for gold to bottom. $14-$16 for silver.
Jane SmithModerator
Forum Moderator

User ID: 1215902
United States
08/10/2011 07:53 PM

Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
feds outlook for gold is 2500$ for next 24 month. OP is is an idiot
 Quoting: Anonymous Coward 1500492


Op is hardly an idiot. He has a great sarcastic sense of humour.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
EconomicCalamity

User ID: 1343978
United States
08/10/2011 07:55 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
...


But the problem with that paper is that the trend is devaluation. Not just here but globally. I no longer have faith in any paper anything. It's a tough situation we're in. I'd probably figure out some other asset to be in besides cash. Like maybe put in a solar system or windmill... Anything but paper.
 Quoting: Anonymous Coward 1501235


Yes, but remember what I do with that paper. Its the dry powder I buy the dips in gold with. I have no doubt that the FED will succeed in creating runaway inflation. Thankfully our biz is once again going gang busters. On the next correction (gawd, i hope soon) I'll have a serious new stash. Most people chase the highs. I buy the very lows and if my initial low isnt right, I buy again on the further low. This method has served me well so far.
 Quoting: Punk-A$$ets


Dang. You might be right...

LOS ANGELES (MarketWatch) -- U.S. exchange operator CME Group CME said late Wednesday it is raising the margin requirements for trade in a wide range of gold products, effective Thursday.

[link to silvergoldsilver.blogspot.com]
 Quoting: Anonymous Coward 1501235


Its inevitable. And GOOD. Otherwise gold goes truly parabolic way too fricken soon.
 Quoting: Punk-A$$ets


Good. I have my money in to buy more on the correction if margins are increased. Im sure China, Korea, Mexico does as well.
Jane SmithModerator
Forum Moderator

User ID: 1215902
United States
08/10/2011 07:56 PM

Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
NASDAQ at 5,132.52 BUY!!!
 Quoting: Least Servant

 Quoting: Least Servant

 Quoting: Least Servant


iamwith
 Quoting: Least Servant


I hear ya, Traveler! I remember that day -- blood & eyeballs on the street soon there after.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Anonymous Coward
User ID: 1322883
United States
08/10/2011 07:57 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
Will slide down to 1350's and there will be panic selling. Thereafter it will go into stratosphere adjusting for "actual" value.
 Quoting: Anonymous Coward 1362384


That would be nice to see such a correction.
Jane SmithModerator
Forum Moderator

User ID: 1215902
United States
08/10/2011 07:59 PM

Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
George Soros announced not long ago that he was selling his gold, in what I'm sure is/was an attempt to lower the value so he could scoop it up.

My question is, "was that his entire hand or does he still have a card or two to play"? He obviously wasn't successful in lowering the price just by announcing that he was selling.

Perhaps this meltdown isn't what was intended by tptb. At least not this bad, this quick. I include George in the category of tptb. It's nice to picture him shitting his pants.

Wishful thinking?
 Quoting: Drizzt


He said he was selling his gold, but did he?
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
cremefraiche

User ID: 1339207
United States
08/10/2011 08:00 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
ITS THE GLP EFFECT!!!! GOLD WILL NEVER REACH $1900
 Quoting: Anonymous Coward 1490693


till the day it does.

Last Edited by cremefraiche on 08/10/2011 08:00 PM
Anonymous Coward
User ID: 1497668
United States
08/10/2011 08:01 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
The next big event in gold will be the bubble pop. You have about a month - Sept 11 ELENIN.
ELric

User ID: 1260908
United States
08/10/2011 08:04 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
You do realize that now because gold broke $1764 its an entire increase pattern has changed, Right?

No, you didn't realize that.

Now that gold is no longer under $1764, its nice linear path rising up has become a parabolic trajectory.

Expect gold at $64,000 an ounce by the close of 2012.
Expect it to close this year at $12,000 an ounce.
Only in darkness do you find light,
Only in bright do you find night.

To become awakened and enlightened, one must first experience awakening and enlightening events. Once you have experienced an event, and consciously accepted it, you are now awake. Follow the path of your own choosing and upon completion, you are enlightened. Each step in that path that you chose; each experience you go through; are all like stepping stones leading to the Enlightened "Tree"
Your path following those small stepping stones, result in a large outcome; for the wanderer on a spiritual journey, the result is Enlightenment.
Anonymous Coward
User ID: 1501235
United States
08/10/2011 08:26 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
...


Dang. You might be right...

LOS ANGELES (MarketWatch) -- U.S. exchange operator CME Group CME said late Wednesday it is raising the margin requirements for trade in a wide range of gold products, effective Thursday.

[link to silvergoldsilver.blogspot.com]
 Quoting: Anonymous Coward 1501235


Its inevitable. And GOOD. Otherwise gold goes truly parabolic way too fricken soon.
 Quoting: Punk-A$$ets


I can agree, I just thought it had more steam.

But... After reading another post on that site, I believe we might be getting close to blowoff. We could be entering the "commercial collapse" phase. And I don't make that comment lightly.
 Quoting: Anonymous Coward 1501235


I'll try to find that article. Panic is in the air so it could really happen anytime. I wish not for a few years. That would give me some more time to act on my master plan.
 Quoting: Punk-A$$ets


I could do with out it altogether. I don't think this will end up well. Good luck to ya. Might be moving to Church Hill sooner then I thought. No more having to deal with Bridge traffic on Saturdays!!!!
Mojofabulous

User ID: 1476210
United States
08/10/2011 09:17 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
Gold got boring....someone poke it with a stick!
Modern Earthquake Activity:
Thread: UPDATED 10/23/11: Earthquake activity from 1990-2011 charted. Pin for education!

Gold and Silver Station:
[link to www.godlikeproductions.com]

Best Comedy Videos:
Thread: Laugh....DAMNIT!!!

If you appreciate these threads I have made, please share the love by giving karma.

The first step in enabling yourself to learn anything is to actively throw away all your assumptions. This is a continual process, as most assumptions aren't known to exist until you stumble upon them.
Mojofabulous

User ID: 1476210
United States
08/18/2011 11:15 AM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
It's not boring anymore!
Modern Earthquake Activity:
Thread: UPDATED 10/23/11: Earthquake activity from 1990-2011 charted. Pin for education!

Gold and Silver Station:
[link to www.godlikeproductions.com]

Best Comedy Videos:
Thread: Laugh....DAMNIT!!!

If you appreciate these threads I have made, please share the love by giving karma.

The first step in enabling yourself to learn anything is to actively throw away all your assumptions. This is a continual process, as most assumptions aren't known to exist until you stumble upon them.
Mojofabulous

User ID: 1476210
United States
08/18/2011 11:16 AM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
Markets down 4%, I'm up 3.1%. It feels like cheating.
Modern Earthquake Activity:
Thread: UPDATED 10/23/11: Earthquake activity from 1990-2011 charted. Pin for education!

Gold and Silver Station:
[link to www.godlikeproductions.com]

Best Comedy Videos:
Thread: Laugh....DAMNIT!!!

If you appreciate these threads I have made, please share the love by giving karma.

The first step in enabling yourself to learn anything is to actively throw away all your assumptions. This is a continual process, as most assumptions aren't known to exist until you stumble upon them.
Mojofabulous

User ID: 1476210
United States
08/19/2011 04:53 AM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
$1872.20 new high. Get that 2k thread ready bud!
Modern Earthquake Activity:
Thread: UPDATED 10/23/11: Earthquake activity from 1990-2011 charted. Pin for education!

Gold and Silver Station:
[link to www.godlikeproductions.com]

Best Comedy Videos:
Thread: Laugh....DAMNIT!!!

If you appreciate these threads I have made, please share the love by giving karma.

The first step in enabling yourself to learn anything is to actively throw away all your assumptions. This is a continual process, as most assumptions aren't known to exist until you stumble upon them.
Punk-A$$ets (OP)

User ID: 1410297
United States
08/19/2011 01:22 PM

Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
$1872.20 new high. Get that 2k thread ready bud!
 Quoting: Mojofabulous


Pretty amazing!

I hope it backs off soon and stabilizes- then goes for another run. This would be very healthy IMO... The Turd is saying this and he's pretty good.

rockon
Gold Prices:

12/31/2000 - $273
12/31/2005 – $516
12/31/2010 - $1,421
12/31/2011 - $1,566
12/31/2012 - $1,676
12/31/2013 - $1,204

Looking for $900/$1100 for gold to bottom. $14-$16 for silver.
Mojofabulous

User ID: 1476210
United States
08/19/2011 07:38 PM
Report Abusive Post
Report Copyright Violation
Re: GOLD WILL NEVER REACH $1900!
Gold today was good, but good lord silver was niiiice.

I don't understand your hesitancy in the silver phizz market. What keeps you from going in on it?
Modern Earthquake Activity:
Thread: UPDATED 10/23/11: Earthquake activity from 1990-2011 charted. Pin for education!

Gold and Silver Station:
[link to www.godlikeproductions.com]

Best Comedy Videos:
Thread: Laugh....DAMNIT!!!

If you appreciate these threads I have made, please share the love by giving karma.

The first step in enabling yourself to learn anything is to actively throw away all your assumptions. This is a continual process, as most assumptions aren't known to exist until you stumble upon them.