BUY!!! You saw what it was like when gold was $1215'ish.... People longed for it to go lower, now's your chance! I practice what I preach, I will buy too...
APMEX is open on Saturday maybe they will adjust those prices by then. If not by Monday for sure. I am again cash heavy I hope the buy time comes fast! My finger is itching on the trigger. I want my eagles back and a couple of cheep Buffalo's too!
yes, buy again now as it moves down if you can Otter. but you'll have to hold the others till you can sell at a higher price/oz. obviously as that is.
Apmex is never closed with the web site oll Yankee. Don't spend all your money again or your wife might curse you for not buying those cruise tickets. :goofer:
Trust me as I was waiting and watching it go up, I kept asking myself WHY am I waiting. Fundamentally, I think GOLD is going up. I just believed that there was a temporary bubble that was going to adjust as the momentum traders decided to do some profit taking. I am hoping/thinking this is it...not sure how much it will REALLY adjust downward before the next run up. $1000 is probably my no questions asked threshold....higher levels are going to make me think harder :hammer:
Peter Schiff recently mentioned that he believes there will be a dip. This LOOKS like it could be it....what's strange is that it's happening right before the holiday season.... $1000 seems like asking a lot for gold to dip, I would be pretty upset to see it go down that low....of course it only allows me to buy more, but it doesn't help the other AGE's that I bought previously at much higher prices...
With the profit I made I can have the cruise and the Eagles! I am hopeing for a buy price between $1000.-1025.
Does this price drop this early (this month) mean some Indian people are kicking themselves for going cheap on gold plated jewelry items for wedding season (I sense angry spouses) while others are happy they waited and are already forming a queue at the all night wedding chapels? :goofer:
Hindsight is 20/20, so yes. There was a time when I was questioning my price points....discipline is hard
The thing we have to remember is TodayBid/Ask 1162.30 - 1163.30 Low/High 1147.40 - 1213.20 Change -45.20 -3.74% However 30daychg +70.40 +6.45% 1yearchg +396.80 +51.84%
:high5: 100% only because there is less jobs lost does not mean there are any new jobs i see it as a false flag i do hope i am wrong as the world needs things to start to upturn when were trying to hoard money it leave less for us to help the ones that needs it most you only have to look at the 3rd world no i dont mind gold going down even if i have paid more i thank god that i could christmas is very close and were only thinking about gold while there are others thinking about food make you think dave
Unless we get bad news on the economy, we should easily see that price range in the next three months.
I think this is an incorrect statement. Gold does not require a bad economy to rise. All it requires are buyers -- central banks, institutions, individuals, hedge funds, etc... -- who decide to hold gold as a diversification tool. The quantity of gold is fairly fixed. Annual mine production is small compared to the stock of gold. The quantity of money in the world is increasing. There are no sure things in life, but I think the probability for gain still exceeds the probability for loss. Look at a 5+ year chart of the gold price. There have been a number of very sharp drops in the price. I don't think this time is any different from the others.