gold below $1700, Goldman Sachs: says sell | |
| CtYankee User ID: 10645599 12/05/2012 09:59 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 29131839 12/05/2012 10:00 AM Report Abusive Post Report Copyright Violation | |
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| Anonymous Coward User ID: 28334809 12/05/2012 10:02 AM Report Abusive Post Report Copyright Violation | Articles at various sources... zero hedge for one. Gold is gonna drop. Like the Bible says, a days wage for a piece of bread... or, elsewhere, a piece of bread will buy a bag of gold. Quoting: shrewd 27202651 Gold, other than aesthetics, generally only has financial value if you can find someone to buy it from you. Invest in grane |
| Anonymous Coward (OP) User ID: 27202651 12/05/2012 10:02 AM Report Abusive Post Report Copyright Violation | |
| Lime Flavoured Redux User ID: 7983171 12/05/2012 10:03 AM Report Abusive Post Report Copyright Violation | By 2016, gold will be $3,000 per ounce as the US Dollar continues its skid into oblivion. Hyperinflation of the Dollar will kill the Dollar. Quoting: Anonymous Coward 5248308 Plenty of people claimed it would be $10,000 by the end of 2012, so the people who brought at $1902 (or whatever it was) will feel like this Thread: I BOUGHT GOLD AT 1225 - FEEL LIKE CALIGULA FISTED MY RECTUS! WHAT SHOULD I DO! |
| Mrbillybadass User ID: 760726 12/05/2012 10:03 AM ![]() Report Abusive Post Report Copyright Violation | |
| Anonymous Coward (OP) User ID: 27202651 12/05/2012 10:04 AM Report Abusive Post Report Copyright Violation | By 2016, gold will be $3,000 per ounce as the US Dollar continues its skid into oblivion. Hyperinflation of the Dollar will kill the Dollar. Quoting: Anonymous Coward 5248308 Buy gold, silver, diamonds... You will need to have portable universally-acceptible wealth to escape NAZI America. Great... so you sell your gold for worthless dollars? How many times have you read recently gold, silver, is about to skyrocket in price? By the end of this year? |
| Anonymous Coward User ID: 29131839 12/05/2012 10:13 AM Report Abusive Post Report Copyright Violation | |
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| Anonymous Coward User ID: 29131839 12/05/2012 10:17 AM Report Abusive Post Report Copyright Violation | “Gold Is A Physical Safe Asset” Says Central Bank of Korea [link to www.silverdoctors.com] The Bank of Korea increased gold reserves 20% last month to diversify investments, boosting holdings for the fourth time since June 2011 and underscoring increased demand by central banks according to Bloomberg. The bank added 14 metric tons in November, bringing the total to 84.4 tons, the bank said in a statement today. By value, holdings increased about $780 million to $3.76 billion, equivalent to 1.2% of total reserves, the bank said. “Gold is a physical, safe asset,” the Bank of Korea said in the statement. The precious metal “is a way of diversification, which helps reduce investment risk in terms of foreign-exchange reserves management,” it said. The Bank of Korea bought 16 tons in July, 15 tons in November 2011 a further 25 tons over a one-month period from June to July last year. Were Last Week’s Gold & Silver Chart ”Glitches” Telegraphing This Week’s Cartel Raids? [link to www.silverdoctors.com] In one of the main claims in the ongoing class action suit against JP Morgan Chase alleging price manipulation of silver, the suit alleges that JPM made over 25 massive FAKE TRADES using Saxo Bank during sparse Globex evening hours prior to major silver raids for the express purpose of TELEGRAPHING AN IMPENDING SILVER SMASH TO THEIR BUDDIES! |
| Anonymous Coward User ID: 27229787 12/05/2012 10:18 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 1283316 12/05/2012 10:19 AM Report Abusive Post Report Copyright Violation | By 2016, gold will be $3,000 per ounce as the US Dollar continues its skid into oblivion. Hyperinflation of the Dollar will kill the Dollar. Quoting: Anonymous Coward 5248308 Buy gold, silver, diamonds... You will need to have portable universally-acceptible wealth to escape NAZI America. Great... so you sell your gold for worthless dollars? How many times have you read recently gold, silver, is about to skyrocket in price? By the end of this year? Well, the sources for all the "to da moon" BS are usually a little... less than credible, shall we say. Basically the GLPs of the financial world. I read an article from 2010 where Goldman was predicting gold peaking at around $1750 in 2012 and well... they weren't too far off: [link to blogs.wsj.com] And oh yeah: The last time I checked, those "worthless dollars" are what my landlord, cable/phone company and grocery store accepted as payment. Gold and silver weren't options, I'm afraid. Worthless my ass. |
| Anonymous Coward User ID: 29131839 12/05/2012 10:28 AM Report Abusive Post Report Copyright Violation | By 2016, gold will be $3,000 per ounce as the US Dollar continues its skid into oblivion. Hyperinflation of the Dollar will kill the Dollar. Quoting: Anonymous Coward 5248308 Buy gold, silver, diamonds... You will need to have portable universally-acceptible wealth to escape NAZI America. Great... so you sell your gold for worthless dollars? How many times have you read recently gold, silver, is about to skyrocket in price? By the end of this year? Well, the sources for all the "to da moon" BS are usually a little... less than credible, shall we say. Basically the GLPs of the financial world. I read an article from 2010 where Goldman was predicting gold peaking at around $1750 in 2012 and well... they weren't too far off: [link to blogs.wsj.com] And oh yeah: The last time I checked, those "worthless dollars" are what my landlord, cable/phone company and grocery store accepted as payment. Gold and silver weren't options, I'm afraid. Worthless my ass. current dollar index 79.78 |
| Anonymous Coward User ID: 1283316 12/05/2012 10:29 AM Report Abusive Post Report Copyright Violation | By 2016, gold will be $3,000 per ounce as the US Dollar continues its skid into oblivion. Hyperinflation of the Dollar will kill the Dollar. Quoting: Anonymous Coward 5248308 Buy gold, silver, diamonds... You will need to have portable universally-acceptible wealth to escape NAZI America. Great... so you sell your gold for worthless dollars? How many times have you read recently gold, silver, is about to skyrocket in price? By the end of this year? Well, the sources for all the "to da moon" BS are usually a little... less than credible, shall we say. Basically the GLPs of the financial world. I read an article from 2010 where Goldman was predicting gold peaking at around $1750 in 2012 and well... they weren't too far off: [link to blogs.wsj.com] And oh yeah: The last time I checked, those "worthless dollars" are what my landlord, cable/phone company and grocery store accepted as payment. Gold and silver weren't options, I'm afraid. Worthless my ass. current dollar index 79.78 ![]() |
| Anonymous Coward User ID: 10698950 12/05/2012 10:31 AM Report Abusive Post Report Copyright Violation | |
| tell it like it isn't User ID: 28814110 12/05/2012 11:01 AM Report Abusive Post Report Copyright Violation | |
| NSF001 User ID: 28914713 12/05/2012 11:29 AM Report Abusive Post Report Copyright Violation | Anybody that has been investing in gold since 2004 has been playing a very risky game. in 2004 it was discovered that up to 1/3 of the worlds gold is just coated Tungsten, worth about $50 a 400oz bar. The Rothschild’s stopped trading gold in 2004, potentially for this very reason. Private investors have been left holding what may worthless lumps since, and the best part, they have been paying record prices for it. this is the scam. Sorry anybody who has bought gold themself, you may have been had. I don't think so, he's up there with the others laying low, vying with those who you've traded your life to to bless your soul, |
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| Philligan in rainbows User ID: 2530194 12/05/2012 11:33 AM ![]() Report Abusive Post Report Copyright Violation | Physical holders dont worry about this bullshit. Its just an opportunity to buy more, Paper traders panic because they are losing their beloved cash. Hold and buy more, its an asset is all it is. Like property, it fluctuates but is still GREAT to own. I bought 30 ounces of silver last Friday, just keep buying If you dont build your dream, SOMEONE ELSE HILL HIRE YOU TO HELP BUILD THEIRS |
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| Anonymous Coward User ID: 29131839 12/05/2012 12:44 PM Report Abusive Post Report Copyright Violation | Royal Canadian Mint’s Tungsten Twostep? [link to www.silverdoctors.com] The Drilled Gold Bars Filled With Tungsten [link to www.forbes.com] Many,many other proven-found salted bars Just google for the info. |
| andawg221 User ID: 29144215 12/05/2012 12:57 PM Report Abusive Post Report Copyright Violation | |
| andawg221 User ID: 29144215 12/05/2012 01:00 PM Report Abusive Post Report Copyright Violation | Royal Canadian Mint’s Tungsten Twostep? Quoting: Anonymous Coward 29131839 [link to www.silverdoctors.com] The Drilled Gold Bars Filled With Tungsten [link to www.forbes.com] Many,many other proven-found salted bars Just google for the info. These are gonna be big factors in silver going way up in price. As people get scared of gold, silver will surely be a safe spot. Just don't buy anything above 10oz bars! 100oz are often drilled and filled with lead. |