This just popped up on the news! Doesn'T look good!

What do the experts make of this? It just showed up on the London news! http://www.telegraph.co.uk/finance/...-warned-to-liquidate-after-buying-frenzy.html Sounds like its going to be a ruff night on the gold market better keep a sharp eye out! OPINIONS?

 

Log in or Sign up to hide this ad.

Another ploy to free up some of the yellow stuff! I have said this before and I'll say it again...if you have it hold it don't worrie about short range gains, or losses. as history repeates its self time and time again. The only way I would consider selling my holding at this point would be if the market hit 1500.00 @ oz and then a little voice would be screamming in the back of my head saying NO Don't Do IT! Gold is the stuff dreams are made out of and it's the stuff that keeps you in the game when all else has failed IE.... Paper money,Banks, Goverments etc.... just my honest opion.

 

The chart looks bullish to me...but what do I know?
I never sell, anyway...let it slide...maybe FS interest will pick up.

 

http://quotes.ino.com/chart/?s=NYBOT_DX&v=sWOW! take a look at the dollar! its skyrocketing up fast! I wonder what has happened? The metals are heading DOWN Gold$1,003.90 $1,004.90 -1.60 Silver$16.65 $16.70 -0.01 Platinum$1,296.00 $1,306.00 -15.70 Palladium$288.00 $293.00 -2.

 

OMG! Sky is falling! :hammer:

 

This is why I incorporate most of my gold directly into my collection of classic stuff. It's for the long haul.

 

Precisely! A strategy I like to follow as well.
PMs continue to be worth their weight during any given market fluctuation but if you buy numismatic collectible gold, you can also enjoy the premium or added value those pieces command. :thumb:

 

I am waiting for gold to drop to $500-$600/oz so I can buy a gold coin, I don't own any right now, but we have milk, bread, and coffee for a few days.

 

Excellent post Paddy,its exactly what i suspect as well.I hope a crash is manipulated to free some up,id love to buy more

 

I want that kind of gold too... I only own a 1 gram instanbul bar on a card...kinda sucks...I want a gold buffalo 1 oz personally...but if gold hits that low I willl take any coin or coins I can afford

 

These are gorgous and affordable plenty of good looking raw ones around.

 

Maybe if you get the Enterprise moving really fast you'll go back in time!:thumb:

 

It looks like gold dropped 2 bucks at the open and has stayed there ever since...not that I'm watching.

 

ROTFLOL! :goofer:

 

I'd like to see it tumble.

 

Don't you see that he owns a '73 Buick Riviera, just about as big as the Enterprise - and it does reverse - we hope

 

Well, you have your reputation as a fortune teller riding on it.

 

Yes, the 73 Riviera is the closest thing on earth to the Enterprise. Too bad it's sub-light, although it's close.

 

You really should post pics, those cars are HUGE! But talk about a party wagon!

 

It weighs 6300 and is 18.5 feet long. 455-4bbl.
License on the front - 12bemup, (one to beam up.)

In keeping with the theme of the post, this is what I would haul my bullion in , if I could afford any: