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Is it time to sell gold at $1340 per ounce?
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<p>[QUOTE="Brian Calvert, post: 3372263, member: 75282"]Good luck and enjoy your profits from whatever was your buy price. For me, I am all in anything under $1500.00 and spending every extra penny i get on it, and the stocks supporting. This massive Credit bubble we are in has only one outcome, just a matter of how long it takes for the Sheeple to figure out that they have been bamboozled by the Central banks and the dollar become a mere shadow of itself.</p><p><br /></p><p>This can't go on forever, nor can the Wall Street Bankers continuing Shorting Paper Gold forever, at some point it will come crashing down. I do know that the Central Banks have been buying at a feverish pace, thus, they know what is coming too.</p><p><br /></p><p>We actually have our passports now and are looking for a place to go. There in lies my biggest dilemma, getting it out of the country, getting us out and where too.</p><p><br /></p><p>I can actually see 2008 all over again, only this time GOLD will be out in front, not lagging in price. Those waiting for it to fall below 1K are delusional. GOLD has past peak out of ground, so the miners say, it is getting ever more expensive to get out and those costs will rise with Inflation, hyper in a way. Barrick has already increased their Cost per ounce 70 -90 an ounce cost for 2019. I really think the best thing is too hold out for at least, the very least is the old high of $1850.00</p><p><br /></p><p>It wont be a big surprise if it reaches it really quickly. Base on our economy, which is borrowed, the FED is Trapped.[/QUOTE]</p><p><br /></p>
[QUOTE="Brian Calvert, post: 3372263, member: 75282"]Good luck and enjoy your profits from whatever was your buy price. For me, I am all in anything under $1500.00 and spending every extra penny i get on it, and the stocks supporting. This massive Credit bubble we are in has only one outcome, just a matter of how long it takes for the Sheeple to figure out that they have been bamboozled by the Central banks and the dollar become a mere shadow of itself. This can't go on forever, nor can the Wall Street Bankers continuing Shorting Paper Gold forever, at some point it will come crashing down. I do know that the Central Banks have been buying at a feverish pace, thus, they know what is coming too. We actually have our passports now and are looking for a place to go. There in lies my biggest dilemma, getting it out of the country, getting us out and where too. I can actually see 2008 all over again, only this time GOLD will be out in front, not lagging in price. Those waiting for it to fall below 1K are delusional. GOLD has past peak out of ground, so the miners say, it is getting ever more expensive to get out and those costs will rise with Inflation, hyper in a way. Barrick has already increased their Cost per ounce 70 -90 an ounce cost for 2019. I really think the best thing is too hold out for at least, the very least is the old high of $1850.00 It wont be a big surprise if it reaches it really quickly. Base on our economy, which is borrowed, the FED is Trapped.[/QUOTE]
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Is it time to sell gold at $1340 per ounce?
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