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Gold and silver are behaving Juss fine!
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<p>[QUOTE="Cloudsweeper99, post: 396736, member: 3011"]When it goes back above $1000 everyone will get excited. Inevitably some folks will try to sound profound by registering their intent to sell due to the belief that gold prices are cyclical. In reality, sometimes they are and sometimes they aren't. They were pretty cyclical in the 80s and 90s. They weren't during the 70s when gold went in an irregular manner from below $100 to above $800, finally settling down in the $400 area. Those people who sold after gold moved from $100 to $200 are probably waiting for the cyclical move back to $100 to buy again. Now is one of those times when gold is working its way to a new higher level from which it will probably start to behave in a cyclical manner again. No, I don't know what that level will be except that there seems to be a high probability that it will be much higher than $1000. That's the long-winded way of saying that I don't think this is a good time to sell your gold coins.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 396736, member: 3011"]When it goes back above $1000 everyone will get excited. Inevitably some folks will try to sound profound by registering their intent to sell due to the belief that gold prices are cyclical. In reality, sometimes they are and sometimes they aren't. They were pretty cyclical in the 80s and 90s. They weren't during the 70s when gold went in an irregular manner from below $100 to above $800, finally settling down in the $400 area. Those people who sold after gold moved from $100 to $200 are probably waiting for the cyclical move back to $100 to buy again. Now is one of those times when gold is working its way to a new higher level from which it will probably start to behave in a cyclical manner again. No, I don't know what that level will be except that there seems to be a high probability that it will be much higher than $1000. That's the long-winded way of saying that I don't think this is a good time to sell your gold coins.[/QUOTE]
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