Gold prices

Discussion in 'Bullion Investing' started by Nepthys, Mar 9, 2011.

  1. Nepthys

    Nepthys New Member

    Is it generally expected to see gold continue to climb? Doesn't it go down once a year?
     
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  3. Fifty

    Fifty Master Roll Searcher

    In general? What is that, there is no way to predict the future. Will gold have down days? Yes, will it ever get below whatever target price you have in your head no one knows. People thought loading up at $1000 was dumb, maybe it will be but right now it doesn't look to be true. Try platinum, it has alot more room to run.
     
  4. Nepthys

    Nepthys New Member

    Thanks but I could have sworn it goes down around the same time once a year like after the IMF meet or something.
     
  5. Rono

    Rono Senior Member

  6. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I don't pay attention to that sort of stuff. Gold and silver are highly volitile, and in the case of silver, there is a lot of evidence that the market is manipulated [to the downside] by a small number of large institutional traders in the futures. That said, both metals are and have been in a bull market for several years. The bull market seems to be intact for now, but never assume that it will always be that way or that certain calendar months or meetings are reliable indicators of anything.
     
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