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Gold may plunge below 1000 before rocketing to 1300

 
Anonymous Coward
User ID: 833622
United States
12/12/2009 05:11 AM
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Gold may plunge below 1000 before rocketing to 1300
OMG- I am so glad I didnt buy gold at 1250-it has plunged to 1100 almost. I think I will wait and watch. Gottta have a strong stomache for these commodity makrkets!
Anonymous Coward
User ID: 827355
Australia
12/12/2009 05:15 AM
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Re: Gold may plunge below 1000 before rocketing to 1300
Gold may go up and down again like it does everyday
Anonymous Coward
User ID: 748620
United Kingdom
12/12/2009 05:24 AM
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Re: Gold may plunge below 1000 before rocketing to 1300
Tool of the speculators.

How many bought gold at $850 in 1980 to see it touch $250 in Sep. 1999. Taking inflation into account those mugs in 1980 still won't see a value return on gold even if it breaks $2000

30 damned years is a long time to be sitting on a loss. You prepared for that?

Meanwhile, I'll get my gold for free as nature intended directly out of the ground. Not a lot but more than enough for my needs.
Anonymous Coward
User ID: 728812
United Kingdom
12/12/2009 05:36 AM
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Re: Gold may plunge below 1000 before rocketing to 1300
Tool of the speculators.
 Quoting: Anonymous Coward 748620


Speculation of the tools
Anonymous Coward
User ID: 748620
United Kingdom
12/12/2009 05:43 AM
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Re: Gold may plunge below 1000 before rocketing to 1300
Tool of the speculators.


Speculation of the tools
 Quoting: Anonymous Coward 728812


Nope, my tools are a pan, pump, sluice, wrecking bar and assorted other bits'n'bobs. Hard graft beats speculation any day.

[link to frogesque.com]
Anonymous Coward
User ID: 839122
Switzerland
12/12/2009 05:47 AM
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Re: Gold may plunge below 1000 before rocketing to 1300
Glenrothes,GB???
Anonymous Coward
User ID: 552204
Singapore
12/12/2009 05:50 AM
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Re: Gold may plunge below 1000 before rocketing to 1300
The support line is at 1080 to 1100, no way for it to drop below $1000. In your dream maybe.


OMG- I am so glad I didnt buy gold at 1250-it has plunged to 1100 almost. I think I will wait and watch. Gottta have a strong stomache for these commodity makrkets!
 Quoting: Anonymous Coward 833622
KY6 nli
User ID: 748620
United Kingdom
12/12/2009 05:50 AM
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Re: Gold may plunge below 1000 before rocketing to 1300
Glenrothes,GB???
 Quoting: Anonymous Coward 839122


Closelaugh
Pic of gold was from a 5 day session at Kildonan.
anonymous
User ID: 839058
United States
12/12/2009 05:53 AM
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Re: Gold may plunge below 1000 before rocketing to 1300
Gemstone and diamond mines around the globe have all but shut down . huge high quality gemstones and diamond enventories just sit in warehouse vaults now, high gold wrecked a intire global fine gold and gemstone and diamond interprises from minning manufactoring designers and wholesalers and retailers all across the globe.. Jewery idustry usually would account for half of gold sales around the globe. buuut high gold since 2005 drove out the average jewery consumers of fine gold and genmstone and diamond jewery out of the markets . it only got worse as upper middleclass was driven from fine jewery markets also since 2005 ..
Anonymous Coward
User ID: 839156
Northern Mariana Islands
12/12/2009 05:58 AM
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Re: Gold may plunge below 1000 before rocketing to 1300
3200 by 010110

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