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Congratulations to gold - New all time highs! $2200+!!!

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  • dbcoindbcoin Posts: 2,200 ✭✭
    5 years ago his last angel was $1650. I guess he revised it.
  • CaptHenwayCaptHenway Posts: 31,499 ✭✭✭✭✭
    Tell us more about these "angels."
    .
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • WingsruleWingsrule Posts: 2,977 ✭✭✭✭
    The only green in my protfolio today is CLCT.
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>Another Sinclair "angel" taken out at $1681. They are dropping like flies since the $1600 angel was retired. Next angel..... $1764.

    roadrunner >>



    he did remind us of volatility between 1600? and 1764? i think that was yesterday.

    nothing surpries me. yet the channel is seeming to steepen and more QE seems to be a neccesity
  • Coins101Coins101 Posts: 2,602 ✭✭✭


    << <i>I find it interesting that PM's are going up and the equities are going down.

    Very different than the Fall and Winter of 2008 where stocks and PM's both fell together. >>



    And now they are both in a nose dive. Must be the global warming effect.
  • 57loaded57loaded Posts: 4,967 ✭✭✭


    << <i>Tell us more about these "angels."
    . >>



    angels are here somewhere

    i think they are milestones for the POG. although not infallible steps that are not broken to fall lower.

    we are seeing a big sell-off from his latest angel (1681) which is often common. less common, IMHO was the quick move through a few from 1600.

    he felt that ~2300 was the highest that the POG was going which is roughly an inflation adjusted level of the POG in 1980. he now feels that this is actually not as high as gold will go. he has in the past few years been hinting at what Martin Armstrong and Alf Fields are preaching which is a much higher POG.

    hope that helps a wee bitimage
  • OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>The only green in my protfolio today is CLCT. >>



    Same hereimage
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>$1700 is in range..... Friday could be the day. Cheers, RickO >>



    Wishful thinking, if anything it may drop below $1600.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • CNBC said gold could fall $50 to $100 if margin requirements are increased. Could be a good buying opportunity.
    Successful BST transactions: clackamas, goldman86, alohagary, rodzm, bigmarty58, Hyperion, segoja, levinll, dmarks
  • sbeverlysbeverly Posts: 962 ✭✭✭
    I find it interesting that margin requirements are only increased during downward pressure in the metals.
    Thus increasing the downward pressure.
    Positive transactions with Cladiator, Meltdown, ajbauman, LeeG, route66,DennisH,Hmann,FilamCoins,mgoodm3,terburn88,MrOrganic, weg,dcarr,guitarwes,Zubie,Barndog,wondercoin,braddick,etc...
  • CaptHenwayCaptHenway Posts: 31,499 ✭✭✭✭✭
    Were the margin requirements increased?
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.


  • << <i>Were the margin requirements increased? >>


    Just strong rumors right now.
    Successful BST transactions: clackamas, goldman86, alohagary, rodzm, bigmarty58, Hyperion, segoja, levinll, dmarks
  • goldbuffalogoldbuffalo Posts: 614 ✭✭✭

    Down $30 from the top.

    How low will it go?


  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭


    << <i>Down $30 from the top.

    How low will it go? >>



    This should be about it. This retracement was very much needed to recharge the short term charts to continue upward movement.
  • CaptHenwayCaptHenway Posts: 31,499 ✭✭✭✭✭
    Still off less than 1% from yesterday's close. Doing a lot better than a lot of other investments.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    Gapped up over 1690!
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Sunday night gaps usually get filled rather quickly. But congrats at a new ATH.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • JoflaxJoflax Posts: 979
    Expect margin requirements to be raised tomorrow on gold contracts...and possibly silver too!
    Buy the dips!!!
  • SpoolySpooly Posts: 2,107 ✭✭✭
    image PM's

    image stocks

    Si vis pacem, para bellum

    In God We Trust.... all others pay in Gold and Silver!
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    The big 1700!!!
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    1710, keeps moving!
  • CaptHenwayCaptHenway Posts: 31,499 ✭✭✭✭✭
    Sacred Feces, Batman!!!!!!!!!!

    image
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    Creeping higher... 1720+
  • AnkurJAnkurJ Posts: 11,366 ✭✭✭✭


    << <i>Sacred Feces, Batman!!!!!!!!!!

    image >>



    image
    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    Still moving... 1725+
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    Still going... 1735+
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Angels: ....... $1444, $1521, $1600, $1681, $1764, $1849, $1936, $2025, .........

    Sinclair has tagged the $1764 angel with special significance. That's the point that all confidence in fiat currencies is lost....and another bout of acceleration begins.
    Basically above $1764 the sky is the limit.

    $1650 has never been an "angel," just Sinclair's 6-10 yr target number. That was a number he conceived back as far as 2002 in order to balance our sovereign debt.
    Unfortunately our Sov. debt has increased a lot since then. Now that number is >$7,000/oz. JS says he adapted the angel's system from a sequence that early 20th
    century trader Jesse Livermore used on new stock issues. He calls it some type of "squares" system but once the $1024 angel was hit, it has just been a sequence of
    sequential and additive odd integers commencing with +65....hence $1089, etc. We're now up to using +$83 as the next integer.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • MsMorrisineMsMorrisine Posts: 32,123 ✭✭✭✭✭
    1740+


    and silver... down from the globex close.






    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    The big 1750!
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    It is not letting up. 1765+
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    1780+...
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    New highs today! 1787+


  • << <i>New highs today! 1787+ >>



    ProofCollection, how could you always report new highs almost instantly all the time?? image
    BST reference: wondercoin, cone10, fivecents, jmdm1194, goldman86
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    The big ~1800!!


  • << <i>The big ~1800!! >>




    The big 1800 will seem very little down the road.
  • KonaheadKonahead Posts: 1,476 ✭✭✭


    << <i>

    << <i>The big ~1800!! >>




    The big 1800 will seem very little down the road. >>



    image I remember in the not too distance past when we had this conversation about $1000 gold.
    PEACE! This is the first day of the rest of your life.

    Fred, Las Vegas, NV
  • MilesWaitsMilesWaits Posts: 5,301 ✭✭✭✭✭
    I recall gold having a hard time breaking away from $300 before September 11, 2001.

    We are moving at super speed towards the unbelievable.

    Miles
    Now riding the swell in PM's and surf.
  • MsMorrisineMsMorrisine Posts: 32,123 ✭✭✭✭✭
    It's a little consolation in this time of trouble we are in.

    RIP the good old days.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    No rest for gold... 1810+
  • The War of 1812.
    Successful BST transactions: clackamas, goldman86, alohagary, rodzm, bigmarty58, Hyperion, segoja, levinll, dmarks
  • CoinCoinsCoinCoins Posts: 698 ✭✭✭
    good lord....




    $200 jump in 2 weeks, it's stunning
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Shades of January 1980? I would bail but I feel we are just beginning, albeit a long one. Once you get your head around the trillions and trillions of debt and the virtual vacuum of 'common sense' in DC I don't see any light at the end of the tunnel. My sentiment was confirm by Jim Rogers who said today there is still a 20-25 year uptick on commodities. Keep stackin'.
  • jmski52jmski52 Posts: 22,302 ✭✭✭✭✭
    $1800 / $1700 = 6% in 3 days.

    Many stocks do that and nobody gasps. Keep it in perspective. Besides, would you rather have paper right now?
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • storm888storm888 Posts: 11,701 ✭✭✭
    "...Shades of January 1980?...


    //////////////////////////////////////////////////////


    My record here is full of "1980 warnings."

    What is happening right now - and what is going to happen during the
    next 60-days - is NOT "1980."

    ..........

    bad things

    Top Down
    Botton Up
    Inside Out


    NO shades of 1980.



    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭


    << <i>ProofCollection, how could you always report new highs almost instantly all the time?? image >>


    I trade futures so I always know - I have to know - the current POG...
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭


    << <i>

    << <i>New highs today! 1787+ >>



    ProofCollection, how could you always report new highs almost instantly all the time?? image >>



    The man never sleeps....just watches net dania 24 hrs a day. image

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭


    << <i>The man never sleeps....just watches net dania 24 hrs a day. >>


    Don't know what that is, I use my trading platform, ThinkorSwim.
  • ProofCollectionProofCollection Posts: 5,315 ✭✭✭✭✭
    Mini Gold contract over 1820 this morning...
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Pf, slacker...$1825! image
  • WingsruleWingsrule Posts: 2,977 ✭✭✭✭
    From the second post in this thread:

    $1201 down to $1,190 and back to $1,207 in about 30 minutes. Quite a day!

    That was May 6, 2010.

    15 months and $600+ later...
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