Gold may plunge below 1000 before rocketing to 1300

Gold may go up and down again like it does everyday

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.

Speculation of the tools

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]

Glenrothes,GB???

The support line is at 1080 to 1100, no way for it to drop below $1000. In your dream maybe.

Close
Pic of gold was from a 5 day session at Kildonan.

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 ..

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