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Gold Dropping Fast!
AnkurJ
Posts: 11,370 ✭✭✭✭
Was $685 a few days ago, now I see it has reached $665! That was a fast drop! The stocks have rebouded a little bit after yesterday, but Gold is still dropping.
Any new predictions?
Any new predictions?
All coins kept in bank vaults.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
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Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
During the NY COMEX session, gold was down $2. It was in the thinly traded after hours sessions where gold got creamed to the tune of $27. I won't go into the details, but gold is a highly manipulated security.
Anywhoo, gold, after hitting $679, right before the London market closed has sold off ever since.
It's very comfortably on it's way to re-test $700....nothing has changed.
In fact, gold should and will move up in this environment. As stocks become riskier, gold is the old safe haven.
``https://ebay.us/m/KxolR5
<< <i>Better to be in postion than out of it. >>
Fluckin'-A!!