Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2011 GOLD high $1,500.00, SILVER high $24.00
>
Reply to Thread
Message:
<p>[QUOTE="desertgem, post: 1043733, member: 15199"]Today seems to confirm the reaction of precious metals more to the US dollar than other worldly factors such as N. and S. Korea, China and Russia wanting to leave the USD for their own currency, etc. Currently , gold is down 14.20 and silver .72, and the USD index is up 1%, so is now the time for those who have been waiting for a dip to buy, or is the thought that more downward movement may be in the near future? I suspect the Euro will eventually solve their problem and the dollar index will decrease, so what seems most prudent, buy, hold, sell and why? Seems that when PM are down,the bullion investing subforum is also, and when PM are up, so is the forum participation, although many are posts, of " I can't wait for it to dip so I can buy some". In investing, money can be made in both directions if one wishes. I know this is just one day's result, but with the weekend coming, financial events ( such as Ireland's problems ) may continue for the better or worse. Hope all are having a good "Black Friday" <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1043733, member: 15199"]Today seems to confirm the reaction of precious metals more to the US dollar than other worldly factors such as N. and S. Korea, China and Russia wanting to leave the USD for their own currency, etc. Currently , gold is down 14.20 and silver .72, and the USD index is up 1%, so is now the time for those who have been waiting for a dip to buy, or is the thought that more downward movement may be in the near future? I suspect the Euro will eventually solve their problem and the dollar index will decrease, so what seems most prudent, buy, hold, sell and why? Seems that when PM are down,the bullion investing subforum is also, and when PM are up, so is the forum participation, although many are posts, of " I can't wait for it to dip so I can buy some". In investing, money can be made in both directions if one wishes. I know this is just one day's result, but with the weekend coming, financial events ( such as Ireland's problems ) may continue for the better or worse. Hope all are having a good "Black Friday" :) Jim[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
2011 GOLD high $1,500.00, SILVER high $24.00
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...