GOLD: It's dropping!!! Why!?

It might have something to do with the dollar going back on the gold standard....

Everything printed by the Fed Reserve since Sept 2008 is not backed by gold and only accepted in the United States.

It's only yellow metal, and it's not even as rare as they would have you believe.

Why do you put so much value in yellow metal?

Yep

I HAVE BEEN WARNING THE GOLD BUGS ABOUT THE BULLISH USD FOR A LONG TIME NOW:

$ US DOLLAR OUTLOOK $
Thread: $ US DOLLAR OUTLOOK $ (Page 6)

It's going back up and resistance seems to be around $930.

It's been going down slowly for the past few weeks though.

Majestic said 'they' have learned how to make gold. I don't know if that's true though.

Because the CHIP is coming soon (cashless economy) and the feds are manipulating the price of gold /silver so it has less value .

gold has always go up and down

Bingo

Dropping below $920 now.

How low will it go today? Any guesses?

Check the chart/link

A red flag for me was all the gold pimping on AM radio these past few years?
Why would they want you in on the market gold rush, but take YOUR money!

People are beginning to worry about "confiscation".

paper goes up / paper goes down

if gold was worthless why do the banks hold it?

if gold was worthless why is China buying it?

if gold was worthless why do many want a "Gold Standard"?

The so called market price is a paper price.

Paper is worthless and over sold.

EFTs are over sold = paper price

stocks are paper and after Obama & the Feds they are almost worthless

Goldmansachs and JP MorganChase hold over 70% of the short paper in gold/silver = big profits

if you watch the fight to keep the dollar up, you will see they have to hit value
to the paper trash

anyway golds not down if you bought physical it can only go up when they take out the paper trash.

ask yourself : Why was gold and silver in the Constitution?

without prejudice ucc 1 308
awdragon

Slavery !!!

Because the dollar's on the rise a bit.

Caused gold and oil to drop a bit.

Its going to become silver not gold that is why

you are an idiot.

it's only paper with numbers on it.

why do you put so much value in paper with numbers on it?

Gold will be over $2000\oz by the end of 2006..... wait errr......

Gold will be over $2000\oz by the end of 2007 for sure ... wait errrr....

Gold will be over 2000$\oz by the end of 2008 for sure this time really errr wait.....


It goes on and on, perhaps people should stop listening to hucksters regarding gold.

Anybody can make gold.

As long as you have a particle accelerator.

It's all speculation how can you predict a market like that?

However there are indicators to what direction it might go.

For example in a bull market people will tend to sell gold and buy stocks in a bear market the opposite.

But then you have bear market rallies and other stuff that makes it difficult to predict what direction it will go.

There are also macro economic factors at play job rates inflation index consumer confidence crude inventories ect ect.

I don't you assumptive retard.

more sellers than buyers

Soon its not going to be yellow at all....Better save your silver..

Dude! Just look at the value of silver over the last 30+ years.

Its a ASS investment. ASS!

You would be better off putting you money in a record\video store.

Abandon ship :)

Gold goes up and down so it's just a cycle. I wouldn't own gold as an investment but rather as an insurance. If the dollars get f'd then at least you would have some gold to fall back on. I still think deflation is today's worry (worry for some, hope for others). Americas personal wealth has fallen by $13 trillion+ in the last 18 months. The velocity of money is near zero (banks aren't lending). Considering those two major factors, the fed would have to print a hell of lot of money to compensate, even more to cause inflation. The velocity of money is a huge factor considering it accounts for nearly 97% of money creation.
When the velocity goes back up (if) then look out, inflation is coming with a vengeance.

my neighbor is in the air force and he told me last year to save your silver...He is collecting silver now...

Global Economic Worries -> Market Falls -> People hoard dollars -> Dollar Gains -> Gold Goes Down in value