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August 2011 Au chart

gsa1fangsa1fan Posts: 5,566 ✭✭✭
in Precious Metals
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Avid collector of GSA's.

Comments

  • vannvann Posts: 318
    Just remember, like Jim Rogers says, all parabolic moves end badly. Silver already had a blowoff and has gone up in a sustainable fashion.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    JMHO, Au/gold was and has been under valued. Gold is $$image
    Avid collector of GSA's.
  • vannvann Posts: 318
    image
  • pmcollectourpmcollectour Posts: 1,211 ✭


    << <i>JMHO, Au/gold was and has been under valued. Gold is $$image >>




    image



    What is the big deal about this "move" in Gold ??? If a 1660 Gold price goes to 1810 in a few days, that's like a
    16.60 stock price going to 18.10 in a few days.

    Would you being calling CROX stock "in a bubble" when it went from 16.60 to 18.10 in a few days ? That's a 1.50 move ???

    Is Gold's move really that large ??? I think not.
  • percybpercyb Posts: 3,328 ✭✭✭✭


    << <i>

    << <i>JMHO, Au/gold was and has been under valued. Gold is $$image >>




    image



    What is the big deal about this "move" in Gold ??? If a 1660 Gold price goes to 1810 in a few days, that's like a
    16.60 stock price going to 18.10 in a few days.

    Would you being calling CROX stock "in a bubble" when it went from 16.60 to 18.10 in a few days ? That's a 1.50 move ???

    Is Gold's move really that large ??? I think not. >>



    I agree. And if it retraces to say 17.25 in a few days, that's not a big deal. What does this mean? All it means is that
    volatility is high. And what does it mean if volatility is high? Nothing. JMHO
    "Poets are the unacknowledged legislators of the world." PBShelley
  • InYHWHWeTrustInYHWHWeTrust Posts: 1,451 ✭✭✭


    << <i>

    << <i>

    << <i>JMHO, Au/gold was and has been under valued. Gold is $$image >>




    image



    What is the big deal about this "move" in Gold ??? If a 1660 Gold price goes to 1810 in a few days, that's like a
    16.60 stock price going to 18.10 in a few days.

    Would you being calling CROX stock "in a bubble" when it went from 16.60 to 18.10 in a few days ? That's a 1.50 move ???

    Is Gold's move really that large ??? I think not. >>



    I agree. And if it retraces to say 17.25 in a few days, that's not a big deal. What does this mean? All it means is that
    volatility is high. And what does it mean if volatility is high?    Nothing. JMHO >>



    feer & gread ?
    computah stops & peeple skeered?
    wall st boys havin' fun making it both ways & fed sucking funds into debt instruments (T's) from the mahket
    idk nuthin', don' t lissen to me image

    more went into 'gold' this time than 08, but I don't think we've seen parabolic yet
    Do your best to avoid circular arguments, as it will help you reason better, because better reasoning is often a result of avoiding circular arguments.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>

    << <i>JMHO, Au/gold was and has been under valued. Gold is $$image >>




    image



    What is the big deal about this "move" in Gold ??? If a 1660 Gold price goes to 1810 in a few days, that's like a
    16.60 stock price going to 18.10 in a few days.

    Would you being calling CROX stock "in a bubble" when it went from 16.60 to 18.10 in a few days ? That's a 1.50 move ???

    Is Gold's move really that large ??? I think not. >>



    BRK-A shares are $102,000+, down 6,600 today. So gold still has room to move. image
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