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GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!

 
Anonymous Coward
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Portugal
12/18/2012 01:50 PM
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GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Business Insider‏@businessinsider

GOLD IS TANKING [link to read.bi]
Anonymous Coward (OP)
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12/18/2012 01:52 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Gold is continuing its slide today as futures trade down nearly 2 percent.

These levels mark the lowest price gold has traded for since August.


Read more: [link to www.businessinsider.com]
Anonymous Coward (OP)
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12/18/2012 01:53 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Gold /quotes/zigman/4331913 1,664 -33 1.96%
Anonymous Coward
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Netherlands
12/18/2012 01:54 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
LOL. It's tanking fiscal cliff 'hopes'.
Renegade (Me too)

User ID: 28510817
United States
12/18/2012 01:55 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Business Insider‏@businessinsider

GOLD IS TANKING [link to read.bi]
 Quoting: Luisport


Silver is too! Why?
Who is John Galt?
Renegade (Me too)

User ID: 28510817
United States
12/18/2012 01:56 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Business Insider‏@businessinsider

GOLD IS TANKING [link to read.bi]
 Quoting: Luisport


Silver is too! Why?
 Quoting: Renegade (Me too)


Oh yea, 5*, and pin request.

I am about ready to sell it all. Tired of the roller coaster and very broke.

Someone talk me out of it, and give me confidence.
Who is John Galt?
Renegade (Me too)

User ID: 28510817
United States
12/18/2012 01:57 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
LOL. It's tanking fiscal cliff 'hopes'.
 Quoting: Anonymous Coward 14317225


What does this mean?
Who is John Galt?
Anonymous Coward
User ID: 30246921
Ireland
12/18/2012 01:57 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
The economy must grow, we have too much stagnation.

Bust is turning to booom.

Gold to Stocks
Anonymous Coward (OP)
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12/18/2012 01:57 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Business Insider‏@businessinsider

GOLD IS TANKING [link to read.bi]
 Quoting: Luisport


Silver is too! Why?
 Quoting: Renegade (Me too)


Oh yea, 5*, and pin request.

I am about ready to sell it all. Tired of the roller coaster and very broke.

Someone talk me out of it, and give me confidence.
 Quoting: Renegade (Me too)


hf
Anonymous Coward (OP)
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Portugal
12/18/2012 01:58 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
what will be up if the fiscal cliff coming?
Anonymous Coward
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Germany
12/18/2012 01:58 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Business Insider‏@businessinsider

GOLD IS TANKING [link to read.bi]
 Quoting: Luisport


Silver is too! Why?
 Quoting: Renegade (Me too)


Oh yea, 5*, and pin request.

I am about ready to sell it all. Tired of the roller coaster and very broke.

Someone talk me out of it, and give me confidence.
 Quoting: Renegade (Me too)


Good idea. Better now than 50% lower.

I'm seriously thinking about it, too.
Anonymous Coward
User ID: 14317225
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12/18/2012 01:58 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
LOL. It's tanking fiscal cliff 'hopes'.
 Quoting: Anonymous Coward 14317225


What does this mean?
 Quoting: Renegade (Me too)


Gold fell more than 1 percent on Tuesday, hitting a 1-1/2 month low as growing hopes that Washington was moving much closer to a deal to avert the "fiscal cliff" triggered a sell-off in safe-haven assets.


Rest of article at source...
[link to www.cnbc.com]
Anonymous Coward
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12/18/2012 02:04 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
FAKE markets have to tank sometime...
Anonymous Coward (OP)
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12/18/2012 02:05 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
FAKE markets have to tank sometime...
 Quoting: Anonymous Coward 3085194


ohyeah
Anonymous Coward
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Kenya
12/18/2012 02:08 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
I told you.. It's worthless to invest in precious metals. It doesn't belong to them any more. The elite are cashing in on the gullible investors and heading out to their bunkers. Enjoy!
Anonymous Coward (OP)
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12/18/2012 02:14 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
I told you.. It's worthless to invest in precious metals. It doesn't belong to them any more. The elite are cashing in on the gullible investors and heading out to their bunkers. Enjoy!
 Quoting: Anonymous Coward 30247648


bump
Anonymous Coward
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12/18/2012 02:24 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Business Insider‏@businessinsider

GOLD IS TANKING [link to read.bi]
 Quoting: Luisport


Silver is too! Why?
 Quoting: Renegade (Me too)


Grossly overpriced.
Anonymous Coward (OP)
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Portugal
12/18/2012 02:42 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
[link to www.marketwatch.com]
Under constant IP attacks
User ID: 30249694
France
12/18/2012 02:51 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Everything that can make you free is under attack, has nothing to do with the real face value of the ounce of gold.

JMHO.
Anonymous Coward
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12/18/2012 02:51 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
HAVE A QUESTION, I LOOKED AT CHARTS, APPEARS GOLD AND SILVER WERE DOING FINE TIL ONLY NEWYORK WAS TRADING. AFTER LONDON CLOSED, AM I READING THAT RIGHT, SAY AROUND 10, IS THAT WHEN THE OTHER EXCHANGES CLOSE, AND ONLY NEW YORK TRADING, AND THEN PRICE FELL, HOPE THIS MAKES SENSE NEW TO THIS BS
Anonymous Coward (OP)
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12/18/2012 02:51 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Business Insider‏@businessinsider

Trader Tells Us Why Gold Got Hammered by @JuliaLaRoche [link to read.bi]
Anonymous Coward (OP)
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12/18/2012 02:52 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Gold futures tanked today falling nearly 2% for a combination of reasons, according to a futures trader consulted by Business Insider.

He pointed to rates rising at the higher end of the yield curve (the 10-Year and the 30-Year) noting that the higher yields are "indicative of the market pricing in a better global growth story."

He noted that with better growth prospects, the Fed could potentially back off its Treasury purchases, which is dollar bullish. That in turn would be another reason why gold would be lower.

He speculated that some hedge funds may be liquidating their positions.

If you know more about this, we'd love to hear from you. Please send an email to [email protected].


Read more: [link to www.businessinsider.com]
Anonymous Coward
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Poland
12/18/2012 11:05 PM
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Re: GOLD IS TANKING!!! -2% LOWEST PRICE SINCE AUGUST!!!
Gold futures tanked today falling nearly 2% for a combination of reasons, according to a futures trader consulted by Business Insider.

He pointed to rates rising at the higher end of the yield curve (the 10-Year and the 30-Year) noting that the higher yields are "indicative of the market pricing in a better global growth story."

He noted that with better growth prospects, the Fed could potentially back off its Treasury purchases, which is dollar bullish. That in turn would be another reason why gold would be lower.

He speculated that some hedge funds may be liquidating their positions.

If you know more about this, we'd love to hear from you. Please send an email to [email protected].


Read more: [link to www.businessinsider.com]
 Quoting: Luisport


These sorts of explanations are just so much hot air.

In reality it is simply another "unexplained" drop that just so happens to enrich the JP'S and the Goldman's once again.

These companies will be paying out their executive Christmas bonuses soon, so what better way to fill the payroll account than to soak the suckers on the other side of the precious metal transactions?





GLP