Next Level: GOLD $1,350.00

Discussion in 'Bullion Investing' started by elaine 1970, Sep 11, 2009.

  1. fools_gold

    fools_gold Junior Member

    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...
     
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  3. krispy

    krispy krispy

    you'll keep waiting like lots of other people who've been buying :goofer:
     
  4. Yankee

    Yankee Senior Member

    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!
     
  5. krispy

    krispy krispy

    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.
     
  6. mikenoodle

    mikenoodle The Village Idiot Supporter

    down over $50 today... if you think it's going to rally, then buy buy buy!!!
     
  7. krispy

    krispy krispy


    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:
     
  8. Otter

    Otter Likes shiny objects

    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:
     
  9. fools_gold

    fools_gold Junior Member


    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...
     
  10. Yankee

    Yankee Senior Member

    With the profit I made I can have the cruise and the Eagles! I am hopeing for a buy price between $1000.-1025.
     
  11. Yankee

    Yankee Senior Member

    I bet your happy you waited huh?
     
  12. krispy

    krispy krispy

    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:
     
  13. fools_gold

    fools_gold Junior Member

    asians = 24K, indians = 22K, how low can you go!!? :D

    Patience is virtue I suppose!
     
  14. krispy

    krispy krispy

    Patience is HIGHLY under...rated.

    (...and partly why China is doing very well.)
     
  15. Otter

    Otter Likes shiny objects

    Hindsight is 20/20, so yes. There was a time when I was questioning my price points....discipline is hard :)
     
  16. Otter

    Otter Likes shiny objects

    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%
     
  17. chip

    chip Novice collector

    just a hiccup in the market?
     
  18. davemac

    davemac dave

    :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:confused:
     
  19. taurus876

    taurus876 Senior Member

    Unless we get bad news on the economy, we should easily see that price range in the next three months.
     
  20. davemac

    davemac dave

    then it is to late
    dave
     
  21. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    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.
     
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