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At what price will you start buying gold again?
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<p>[QUOTE="GoldFinger1969, post: 8847895, member: 73489"]You answered your own question: "hard to know...." <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><b><span style="color: #ffa64d">I think just buying periodically and buying more at lower prices makes sense.</span></b></p><p><br /></p><p>As far as the low in gold: hard to see it falling below the cash cost of production, which is now about $1,250/oz. Total costs are probably HIGHER, but the marginal sellers are institutions like SWFs and CBs.</p><p><br /></p><p><u><b>The important thing for someone buying gold is to just make sure it's money you don't need. FWIW.....I don't know where the next $200 is in gold's next move up or down....but I am pretty sure the next $500 and $1,000 is UP.</b></u> <u><b><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></b></u>[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 8847895, member: 73489"]You answered your own question: "hard to know...." :D [B][COLOR=#ffa64d]I think just buying periodically and buying more at lower prices makes sense.[/COLOR][/B] As far as the low in gold: hard to see it falling below the cash cost of production, which is now about $1,250/oz. Total costs are probably HIGHER, but the marginal sellers are institutions like SWFs and CBs. [U][B]The important thing for someone buying gold is to just make sure it's money you don't need. FWIW.....I don't know where the next $200 is in gold's next move up or down....but I am pretty sure the next $500 and $1,000 is UP.[/B][/U] [U][B]:D[/B][/U][/QUOTE]
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At what price will you start buying gold again?
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