Gold

Justacommeman

Continues it's winning streak. I believe it's 12 years in a row.

MJ

derryb

<< <i>Continues it's winning streak. I believe it's 12 years in a row.

MJ >>


I'm with the anti-gold guy - barbaric relic. Although, seems we are in medieval times

Konahead

Congrats to gold

OnlyGoldIsMoney

Indeed. Lets hope the 13th year isn't the jinx.

Either way I plan to add a fair bit more in 2013.

Barndog

if I owned more worthless paper, I would gladly buy more gold

gsa1fan

Looking to buy more ASAP

I likes me GOLD

vibr0nic

<< <i>Continues it's winning streak. I believe it's 12 years in a row.

MJ >>



I prefer to think of it as a multi-millennial streak, and yes, it continues.

roadrunner

<< <i>Continues it's winning streak. I believe it's 12 years in a row. MJ >>




Cohodk won't like this. I think he's betting double down that next year will be the first break in the trend.

We would never have gotten 12 yrs in a row if the FED/Treasury/big banks weren't actively managing the uptrends and downtrends to keep them "reasonable." A massive blow off would have occurred at some point already. They know they can't hold it back. So why not profit on the managed rises and falls? The 1962-1980 bull market had 2 monster 6 month rallies where gold doubled in price. And those ending rally years of 1974 and 1979 and were indeed followed by down years. We've had no such monster rallies, just a steady grind that doubles in 2-3 years. Gold's monthly macd is still in a steep decline and showing negative divergence to price. So currently, macd is forecasting a not so good 2013. At the bottom in October 2008 gold's macd was in a similar dive, but came out of it within a month. Until the monthly macd flattens out, this correction is not over.

Maybe on Dec 31st 2013 Cohodk will finally be able to say,"I told you so." ....................naaaaaaaaaah.

It's still a 12 year stealth bull in the US with almost no one knowing about it or partaking in it. You know financial media isn't going to harp on it. But if stocks were in a 12th year
of gains every shoe shine kid, tailor, barber, and hairdresser, would know about it and be touting their favorite stocks. Gold? It's still a barbarous relic to 99% of Americans. If you
asked them what commodity has been higher every year straight for 12 years I'd suspect they'd say a Big Mac, a dozen Dunkin Donuts, or a Starbuck's Coffee....lol.

DoubleEagle59

Yes, I agree RR.

Another simple indicator is how many of your friends own PM's.

Proves to me the PM bull run is far from being over.

Spooly

<< <i>Yes, I agree RR.

Another simple indicator is how many of your friends own PM's.

Proves to me the PM bull run is far from being over. >>




My father in law is anti-gold, so went he buys gold.... I will be selling!

roadrunner

This bull market has been a European and Asian driven event. North America has been basically left out. The $Cash4Gold centers are just a means to take gold
from J6P and ship it overseas. The banksters will be ready when its time to bring gold to the forefront again. J6P will be the last guy to find out. And when he does, it
will only be silver bars and coins that he can afford. It's ironic that the very coins and scrap jewelry that J6P eagerly cashed in at $500, $700, $1000, and $1200/oz gold is one of
the few things that would have helped him survive what's coming in 2014-2017.

DoubleEagle59

Have you seen the new .999 credit card size 50gram gold bar that can be split into 50 individual 1gr pieces (just like a Hershey's chocolate bar)?

Investors in Switzerland, Austria and Germany are buying these up.

What a great idea!!

Have a look here....

50gr gold 'card'



other side.....see!! How cool is that!!

secondrepublic

Agreed, the large majority of people still think of gold as a "weird" "risky" "oddball" investment (fill in the blanks)... once it reaches $3,000 or $4,000 they'll all be on board and talking about how great it is.

roadrunner

Those 1 gram bars are sort of cool. Easy to lose though.

But it's a nice alternative to paying a huge premium for say 1/10th ounce AGE's. And even 1/10th ounce coins are $165. It's still running around with
$100 bills that fewer and fewer businesses want to cash for you. These micro-bars are a $50 bill. A little more user friendly. 1 ounce AGE's and 90% silver
coins are much more user friendly. My concern on these bars is how good are the security features to keep counterfeits at bay. I think I'd still feel safer with
AGE's, $20 Saints/Libs, ASE's, and old 90% US silver and gold coins.