looks like gold is going back down

Discussion in 'Bullion Investing' started by Danr, Jul 30, 2009.

  1. Danr

    Danr Numismatist

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  3. weryon

    weryon Self proclaimed messiah

  4. Danr

    Danr Numismatist


    :p:p:p:D
     
  5. fretboard

    fretboard Defender of Old Coinage!

    I am not surprised as I heard that it's supposed to go down in August. I don't remember the source but that's what I heard. Maybe it was from youtube. Oh, uh nice pic, is that the gold lady? :D
     
  6. elaine 1970

    elaine 1970 material girl

    no. i don't think so. let's see from august to december and decide who win.
     
  7. green18

    green18 Sweet on Commemorative Coins Supporter

    Wish Elaine hadn't o' chimed in. Now I can't comment......
     
  8. elaine 1970

    elaine 1970 material girl

    i am also waiting gold to go down below $900.00 temporary. and i will buy more spouse gold as danr stated. well. which spouse gold i will choose. it is hard to tell. they are all very beautiful. and to choose proof or unc. another hard issue to decide.
     
  9. krispy

    krispy krispy

    Green, what's to stop you? Go for it! Between you and elaine's flying fingers around here... it's like watching a fast draw competition. LOL. :smile

    I'm also in the boat with elaine on this one, no major dip in gold in the 3rd/4th quarters of 2009. Heading the other way.
     
  10. cjh1985

    cjh1985 Senior Member


    The US and the world goes from one bubble to another. Gold may be the next to pop. When just about every radio talk show host is telling us to buy gold, I know it's in for at least a correction.
     
  11. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    Danr, if you need or want that spouse coin for your collection and play games trying to buy it cheaper, you might find yourself paying far more than the current price.
     
  12. elaine 1970

    elaine 1970 material girl

    in fact. the gold and silver are quite stable. it is the platinum and palladium keep moving up.
     
  13. Danr

    Danr Numismatist

    I hope not. Either way it is a gamble.:whistle:

    big spike up today:vanish:
     
  14. green18

    green18 Sweet on Commemorative Coins Supporter

    Well it had something to do with that picture of the old lady and I didn't want to be perceived as offensive .....'specially with a lady in audience. :)
     
  15. Goldstone

    Goldstone Digging for Gold

    Im hoping gold hits 700, so I can buy a gold coin :)
     
  16. Yankee

    Yankee Senior Member

    /// I am sure many wish gold was in the $700.s
     
  17. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    I think the probability is high that you will see $1,700 before you see $700.
     
  18. Yankee

    Yankee Senior Member

    ////// i wish!
     
  19. cjh1985

    cjh1985 Senior Member


    I wonder if there is a way to short gold?
    Not now but if it ever does get up to $1,500 or so

    Perhaps a bear market gold ETF - have to look into that.
     
  20. Yankee

    Yankee Senior Member

    If it ever does get to $1500. you better sell FAST!
     
  21. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    If and when gold goes up, it might be a good idea to wait and examine the conditions at the time instead of inventing sell prices ahead of time.

    --- just a thought...
     
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