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Gold dropped 5 bucks this morning.

CoulportCoulport Posts: 1,087 ✭✭✭
in U.S. Coin Forum
Are you ready to buy on this weakness?
The most money I made are on coins I haven't sold.

Got quoins?

Comments

  • bigbadchad777bigbadchad777 Posts: 1,835 ✭
    What is your prediction on gold & silver prices in 1 year (October 17, 2004)?
  • CoulportCoulport Posts: 1,087 ✭✭✭
    Right now my crystal ball is fogged over and it is hard to tell.
    The most money I made are on coins I haven't sold.

    Got quoins?
  • bigbadchad777bigbadchad777 Posts: 1,835 ✭
    Do you think gold will top $400 and hold there?
    I don't think it will stay over $400 for long. At least for the next year.
  • CoulportCoulport Posts: 1,087 ✭✭✭
    I think there is ample opportunity for gold to hit $400 this year but I also think it will be short lived.

    Been wrong before though.
    The most money I made are on coins I haven't sold.

    Got quoins?
  • DeadhorseDeadhorse Posts: 3,720 ✭
    I am buying all my budget allows through this short downturn. Bullion, bullion, bullion.

    Mmmm........gold...........
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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