DIDN'T I WARN FOR BUYING GOLD IN SEPTEMBER 2011?

It's still too over priced.
At $1000 to $1100 per ounce is a reasonable price!

It's funny, the high was 1931, now it's 1391.
Just 2 numbers switched.
But a truckload of money lost!

Your assuming everyone bought there gold at the top. I bought mine in 1990 at $440. Once Goldman Sachs stops their manipution of the commodity (how many times will Cyprus sell) it will go back up.
Fed's QE endless will come to roost. $1600 by EOY

Your assuming everyone bought there gold at the top. I bought mine in 1990 at $440. Once Goldman Sachs stops their manipution of the commodity (how many times will Cyprus sell) it will go back up.
Fed's QE endless will come to roost. $1600 by EOY Originally Posted by Bababoeuy

Of course it will go up, but not so fast.
And how can you say a thing like 1600 by eoy when it is still in a down trend?
It will probably go down to 1044, and the move up will be terribly slow.

Many investors have found better use of their capital like platinum and silver and won't be back in the gold market!
-

Of course it will go up, but not so fast.
It will probably go down to 1044, and the move up will be terribly slow.

Many investors have found better use of their capital like platinum and silver and won't be back in the gold market!
- Originally Posted by waverunner234

And no one believes in the bubble anymore.

Of course it will go up, but not so fast.
And how can you say a thing like 1600 by eoy when it is still in a down trend?
It will probably go down to 1044, and the move up will be terribly slow.

Many investors have found better use of their capital like platinum and silver and won't be back in the gold market!
- Originally Posted by waverunner234

Gold was way above $1600 in February 2013 so why would it take years to get back there.
There is a little dirty brokerage firm on Wall Street named Goldman Sachs. They are the US Government's broker. They accommodate the Fed. The Fed needs gold down right now to justify that their QE3 program isn't causing inflation in the USA.
The problem is Goldman can manipulate our markets (they short gold) but can't stop Russia, China, India from hoarding the stuff. And by the way, gold can't go down unless it is being sold, and gold can't get sold unless someone is on the other side of that trade buying it. And guess who is buying tons of gold for themselves? Their initials are GS,

Good thing there is someone else here who can explain reality... Thanks
Bababoeuy

I would like to add a few things...

So what should the price be?
And why?
What about CME gold margins these days?
Oil futures... China...

All the specs are along for the ride, QE ZIRP


Central banks around the world are easing.
The reason why the dollar is up, for now... the only reason...


Do you prefer the S&P over Gold?...


Or this...




As long as I see charts like this... I will continue to buy... along with other real assets and other asset classes applied to nanotech, synthetic biology... I'm only 40. Lord willing I still have a lot of time left There's one particular semimetal I'm in love with currently. Also things that people must have to survive.























And the FED is saying the interest rate on excess reserves could go negative. Along with this this

this...,

And Ben is still full of shit...


Puts Calls, anyway...
Good luck, and remember you will always be 36 seconds behind the machines...

I'm more about this than anything else... [

Any idiot can look like a gifted prophet with the right timing. How smart would you look if it was February of 2013 and saying this? Not very. Now the bottom could (not a prediction but a hypothetical) drop out of the stock market and everyone would flee back to commodities (gold, silver, oil, etc) and the price could go back up to $1900 an ounce in a matter of days. Then again, wouldn't you look like a genius if you had said when the stock market was at 7,000 that some day it would be over 15,000? So don't slap your own back too hard, you may need that hand to grab your money again.

Any idiot can look like a gifted prophet with the right timing. How smart would you look if it was February of 2013 and saying this? Not very. Now the bottom could (not a prediction but a hypothetical) drop out of the stock market and everyone would flee back to commodities (gold, silver, oil, etc) and the price could go back up to $1900 an ounce in a matter of days. Then again, wouldn't you look like a genius if you had said when the stock market was at 7,000 that some day it would be over 15,000? So don't slap your own back too hard, you may need that hand to grab your money again. Originally Posted by JD Barleycorn

I don't trade gold anymore since the fucking Dodd Frank Act made gold trading on leverage impossible, along with other stupid rules.

Lol trading yen pairs is much more fun

Any idiot can look like a gifted prophet with the right timing. How smart would you look if it was February of 2013 and saying this? Not very. Now the bottom could (not a prediction but a hypothetical) drop out of the stock market and everyone would flee back to commodities (gold, silver, oil, etc) and the price could go back up to $1900 an ounce in a matter of days. Then again, wouldn't you look like a genius if you had said when the stock market was at 7,000 that some day it would be over 15,000? So don't slap your own back too hard, you may need that hand to grab your money again. Originally Posted by JD Barleycorn

The DOW is still only at nominal highs.
And the S&P... the real indicator of the markets has only gone sideways.
Also, still forming a triple-top... But tech/fundamentals in manipulated markets mean nothing. As long as the FEDS "Forward Guidance" is in place the markets will continue to go up... maybe... but so will their balance sheet (foreign&domestic) and the US debt. I see real bubbles... stock market, auto lending, bonds, credit, housing... everywhere the FED is. Also student loans and all those unfunded liabilities.
IN THE END PEOPLE WILL ACCEPT WHAT IS ALREADY HERE, WORLD GOVERNMENT. Just another bankers consolidation.

Maybe the Comprehensive Annual Financial Reports will save us all?


THIS WHOLE QE/ZIRP/OPERATION TWIST POLICY IS ALL ABOUT FUNDING THE BANKRUPT DERIVATIVE MARKETS.

A HEIST

Quantitative easing is driving the stock market and gold stalled a few months ago. So everyone is running to the stock market and leaving their gold on the table. This has brought the price down. Now the question is when does it become a buying time or do you just lay low a while longer?

I don't trade gold anymore since the fucking Dodd Frank Act made gold trading on leverage impossible, along with other stupid rules.

Lol trading yen pairs is much more fun Originally Posted by waverunner234

So do you own gold or did you just trade the contracts?

The DOW is still only at nominal highs.
And the S&P... the real indicator of the markets has only gone sideways.
Also, still forming a triple-top... But tech/fundamentals in manipulated markets mean nothing. As long as the FEDS "Forward Guidance" is in place the markets will continue to go up... maybe... but so will their balance sheet (foreign&domestic) and the US debt. I see real bubbles... stock market, auto lending, bonds, credit, housing... everywhere the FED is. Also student loans and all those unfunded liabilities.
IN THE END PEOPLE WILL ACCEPT WHAT IS ALREADY HERE, WORLD GOVERNMENT. Just another bankers consolidation.

Maybe the Comprehensive Annual Financial Reports will save us all?


THIS WHOLE QE/ZIRP/OPERATION TWIST POLICY IS ALL ABOUT FUNDING THE BANKRUPT DERIVATIVE MARKETS.

A HEIST Originally Posted by SEE3772

Agree... watchout these fucker may dxug you... they did johnny wed at micheal mens club...

Quantitative easing is driving the stock market and gold stalled a few months ago. So everyone is running to the stock market and leaving their gold on the table. This has brought the price down. Now the question is when does it become a buying time or do you just lay low a while longer? Originally Posted by JD Barleycorn

Since 2003 I buy every month.
Same amount, same day, same time.
I don't care what the price is.
I don't care day to day if its up or down.
I don't own gold to profit.
My FideliTrade account is one form of insurance.
Like you said, gold is one asset that people will run to when...
Never forget Why Central Banks Have Been Buying Gold Since 2009

I think a good time to buy something is when nobody wants it.

So do you own gold or did you just trade the contracts? Originally Posted by SEE3772

I traded contracts leverage 1>50 when it was allowed.
Now I trade EUR, USD, GBP, YEN, AUD, NZD and CAD
and I hold sell positions in Indian Rupees because with leverage 1>50 that gives 97% interest per year.