- This topic has 330 replies, 26 voices, and was last updated 14 years, 6 months ago by Coronita.
-
AuthorPosts
-
May 7, 2010 at 12:13 AM #548301May 7, 2010 at 12:15 AM #547343stockstradrParticipant
I have a really weird, uneasy feeling about gold, which has had me holding ZERO gold since I dumped it all at $1150 back in about Nov, just after the $1200 peak.
I’m not talking about doubting that gold will eventually (5 year time frame) hit $3000, or even $5000 per ounce. That’s not in doubt.
I’m talking about a real chance that gold sees prices below $700 sometime during the next say 24 months. Then I back my truck up and load up like a gold glutton. This implies I kinda agree with some recent members posting about the coming next leg down in a continuing deflationary collapse.
May 7, 2010 at 12:15 AM #547454stockstradrParticipantI have a really weird, uneasy feeling about gold, which has had me holding ZERO gold since I dumped it all at $1150 back in about Nov, just after the $1200 peak.
I’m not talking about doubting that gold will eventually (5 year time frame) hit $3000, or even $5000 per ounce. That’s not in doubt.
I’m talking about a real chance that gold sees prices below $700 sometime during the next say 24 months. Then I back my truck up and load up like a gold glutton. This implies I kinda agree with some recent members posting about the coming next leg down in a continuing deflationary collapse.
May 7, 2010 at 12:15 AM #547937stockstradrParticipantI have a really weird, uneasy feeling about gold, which has had me holding ZERO gold since I dumped it all at $1150 back in about Nov, just after the $1200 peak.
I’m not talking about doubting that gold will eventually (5 year time frame) hit $3000, or even $5000 per ounce. That’s not in doubt.
I’m talking about a real chance that gold sees prices below $700 sometime during the next say 24 months. Then I back my truck up and load up like a gold glutton. This implies I kinda agree with some recent members posting about the coming next leg down in a continuing deflationary collapse.
May 7, 2010 at 12:15 AM #548035stockstradrParticipantI have a really weird, uneasy feeling about gold, which has had me holding ZERO gold since I dumped it all at $1150 back in about Nov, just after the $1200 peak.
I’m not talking about doubting that gold will eventually (5 year time frame) hit $3000, or even $5000 per ounce. That’s not in doubt.
I’m talking about a real chance that gold sees prices below $700 sometime during the next say 24 months. Then I back my truck up and load up like a gold glutton. This implies I kinda agree with some recent members posting about the coming next leg down in a continuing deflationary collapse.
May 7, 2010 at 12:15 AM #548306stockstradrParticipantI have a really weird, uneasy feeling about gold, which has had me holding ZERO gold since I dumped it all at $1150 back in about Nov, just after the $1200 peak.
I’m not talking about doubting that gold will eventually (5 year time frame) hit $3000, or even $5000 per ounce. That’s not in doubt.
I’m talking about a real chance that gold sees prices below $700 sometime during the next say 24 months. Then I back my truck up and load up like a gold glutton. This implies I kinda agree with some recent members posting about the coming next leg down in a continuing deflationary collapse.
May 7, 2010 at 12:22 AM #547348scaredyclassicParticipantbut i think everyone is thinking that. im thinking dollar cost averaging whatever it is you want to buy in gold over the next 6 or 12 or 24 months would probably be safer.
May 7, 2010 at 12:22 AM #547459scaredyclassicParticipantbut i think everyone is thinking that. im thinking dollar cost averaging whatever it is you want to buy in gold over the next 6 or 12 or 24 months would probably be safer.
May 7, 2010 at 12:22 AM #547942scaredyclassicParticipantbut i think everyone is thinking that. im thinking dollar cost averaging whatever it is you want to buy in gold over the next 6 or 12 or 24 months would probably be safer.
May 7, 2010 at 12:22 AM #548040scaredyclassicParticipantbut i think everyone is thinking that. im thinking dollar cost averaging whatever it is you want to buy in gold over the next 6 or 12 or 24 months would probably be safer.
May 7, 2010 at 12:22 AM #548311scaredyclassicParticipantbut i think everyone is thinking that. im thinking dollar cost averaging whatever it is you want to buy in gold over the next 6 or 12 or 24 months would probably be safer.
May 7, 2010 at 12:28 AM #547353stockstradrParticipantI’ve been reading, thinking, on how the gold ETF’s have changed the supply-demand dynamic of the gold market. And there is the contrarian view that now everybody loves gold; it is over-hyped, spun up by the media. So we got a potentially fickle mass of gold hoarders, who now weld a big club.
You see the real problem is the vicious efficiency by which fickle masses can turn against gold, and through the ETF’s, quickly dump HUNDREDS of tons of gold onto the markets in a matter of….weeks? days?
SPDR Gold Trust now has something like 1200 tonnes in storage.
May 7, 2010 at 12:28 AM #547464stockstradrParticipantI’ve been reading, thinking, on how the gold ETF’s have changed the supply-demand dynamic of the gold market. And there is the contrarian view that now everybody loves gold; it is over-hyped, spun up by the media. So we got a potentially fickle mass of gold hoarders, who now weld a big club.
You see the real problem is the vicious efficiency by which fickle masses can turn against gold, and through the ETF’s, quickly dump HUNDREDS of tons of gold onto the markets in a matter of….weeks? days?
SPDR Gold Trust now has something like 1200 tonnes in storage.
May 7, 2010 at 12:28 AM #547947stockstradrParticipantI’ve been reading, thinking, on how the gold ETF’s have changed the supply-demand dynamic of the gold market. And there is the contrarian view that now everybody loves gold; it is over-hyped, spun up by the media. So we got a potentially fickle mass of gold hoarders, who now weld a big club.
You see the real problem is the vicious efficiency by which fickle masses can turn against gold, and through the ETF’s, quickly dump HUNDREDS of tons of gold onto the markets in a matter of….weeks? days?
SPDR Gold Trust now has something like 1200 tonnes in storage.
May 7, 2010 at 12:28 AM #548045stockstradrParticipantI’ve been reading, thinking, on how the gold ETF’s have changed the supply-demand dynamic of the gold market. And there is the contrarian view that now everybody loves gold; it is over-hyped, spun up by the media. So we got a potentially fickle mass of gold hoarders, who now weld a big club.
You see the real problem is the vicious efficiency by which fickle masses can turn against gold, and through the ETF’s, quickly dump HUNDREDS of tons of gold onto the markets in a matter of….weeks? days?
SPDR Gold Trust now has something like 1200 tonnes in storage.
-
AuthorPosts
- You must be logged in to reply to this topic.