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$1902
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  • That will seem like a good year when we finally hit the year 2516. People will have wished they bought more in 1902.
  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭
    I'm bullish on PM's but at the rate they are going up I'm expecting a big correction soon.

    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



  • << <i>I'm bullish on PM's but at the rate they are going up I'm expecting a big correction soon. >>



    And what's going to cause that correction ?

    1. Europe is imploding ?
    2. Gold is getting harder to find ?
    3. Every country is devlauing their currency ?


    I know no one likes a parabolic move, and every parabolic move "should" get a pullback.

    But please tell us one reason why gold should pull back in this environment ? I can't see any for the life of me.
  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    Off to the races again in overseas trading...Gold & Platinum are only 2 strides apart. Who will cross the finish line first?
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Big correction was expected every $100 from $1500 on. It will come eventually, and probably when least expected.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • pontiacinfpontiacinf Posts: 8,915 ✭✭
    ok I am not a regular poster here, but out and about today I heard that Hugo Chavez called
    in all of his holdings or countries holdings in gold, to the tune of 12.8 billion? I could be off on the amount
    but he was physical delivery of their holdings-this has to effect something somewhere.

    thoughts?
    image

    Go BIG or GO HOME. ©Bill
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    $1897.59 right now.
    Becky
  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>ok I am not a regular poster here, but out and about today I heard that Hugo Chavez called
    in all of his holdings or countries holdings in gold, to the tune of 12.8 billion? I could be off on the amount
    but he was physical delivery of their holdings-this has to effect something somewhere.

    thoughts? >>



    Unlikely...since it's a "drop in the bucket" as far as World wide Gold holdings are concerned.

    Here is a thread related to your questions..

    prior thread
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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