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Poll: What do you think is keeping gold around $1000

adamlaneusadamlaneus Posts: 6,969 ✭✭✭
in Precious Metals
Silly poll.


Joel? Yes. Joel. As opposed to Mike.

image

Comments

  • ttownttown Posts: 4,472 ✭✭✭
    I'ts the ecomony stupid....isn't that what billy said in his first election?
  • konsolekonsole Posts: 788 ✭✭✭
    I woul have to say a combination of manipulation and the four digit crap.
  • goingbrokegoingbroke Posts: 1,410
    Well, gold over $1000. was nice I guess next year it will do it agan!
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
  • fcfc Posts: 12,793 ✭✭✭
    speculation.. not manipulation.
  • OPAOPA Posts: 17,120 ✭✭✭✭✭


    << <i>speculation.. not manipulation. >>

    image

    I'm waiting for rr with a 10 paragraph rebuttal.image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • bidaskbidask Posts: 14,017 ✭✭✭✭✭
    At their meeting recently, the G-20 indicated they would jointly provide more rounds of stimulus if need be ( translate potentially more government paper printing).
    I manage money. I earn money. I save money .
    I give away money. I collect money.
    I don’t love money . I do love the Lord God.




  • Wolf359Wolf359 Posts: 7,656 ✭✭✭


    << <i>At their meeting recently, the G-20 indicated they would jointly provide more rounds of stimulus if need be ( translate potentially more government paper printing). >>



    Only until the people revolt, like we did on ObamaCare.

    In Gold, with the US Banks shorting by Day, and the Chinese buying at night, something is going to pop. And I think it's the shorts.
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  • SUMORADASUMORADA Posts: 4,797 ✭
    In Gold, with the US Banks shorting by Day, and the Chinese buying at night, something is going to pop. And I think it's the shorts.

    I'm trying to understand all of this, are you saying the shorts will win or lose...serious question. thanks.
    coins on ebay
  • Wolf359Wolf359 Posts: 7,656 ✭✭✭


    << <i>In Gold, with the US Banks shorting by Day, and the Chinese buying at night, something is going to pop. And I think it's the shorts.

    I'm trying to understand all of this, are you saying the shorts will win or lose...serious question. thanks. >>



    Lose hands down. Gold is going up.
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  • SUMORADASUMORADA Posts: 4,797 ✭

    Thank you..
    coins on ebay
  • 57loaded57loaded Posts: 4,967 ✭✭✭
    ??
  • Wolf359Wolf359 Posts: 7,656 ✭✭✭


    << <i>?? >>



    I never trust press releases that aren't understandable (to anyone, and it seems intentional).
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  • sinin1sinin1 Posts: 7,500 ✭
    the way I interpret it, they are a producer that has been hedging sales forcasted for next couple years off of anticipated production


    and decided that instead of a guaranteed profit from their hedge, they want to buy out of their positions and go on the cash market for sales



    if the hedge was on a futures exchange, someone has been putting in margin calls to keep positon - if they get enough cash from offering to buy these positions out, the downside pressure will become buying pressure pushing the cash price even higher
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