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$1,384.69, yep Gold that low this morning

ManorcourtmanManorcourtman Posts: 8,032 ✭✭✭✭✭
in Precious Metals
So much for the dead cat bounce ideas. She's down again today, big time.

Comments

  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    Patience, grasshopper.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    50% retrace of the entire "bullish" C wave from $684 to $1923. But, is that it for this shorter term go around?

    Gold's 30.5% price correction from the all time high is getting closer to 2008's 34% correction.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Patience.... it will be going up, and it may be dramatic when it starts....image Cheers, RickO
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    Generic saints in PCGS holders lost a little luster. Not sure if it's because they're generic or if it's caused by the pencils that push the paper. image
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
    It's kind of fun watching it fall when you don't own any.
    theknowitalltroll;
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    I may be looking to buy
    some, possibly at a little
    lower price.
    Timbuk3
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭


    << <i>Generic saints in PCGS holders lost a little luster. Not sure if it's because they're generic or if it's caused by the pencils that push the paper. image >>




    During previous price drops (not near as bad as this one) you'd often see mint state $20's become a tough sell as the major buyers (Heritage, Rarcoa, Gainsville, etc.) all
    stop buying at once. But on the good side, they MS64's and MS65's have held their value a lot better than gold has the past week...at least on the paper sell prices. Who
    knows what those guys are paying for real behind the scenes. They may not want any more stock for the time being.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • wdrobwdrob Posts: 153

    How's $1,322.77 and still dropping on Asian markets. I think there is going to be a very low bottom for both AG and AU. Silver $22.05 thus far. Keeps dropping. I sold out a few weeks back. Just about all the bullion silver I had as well as gold. I made a good choice for once.

    Here in a few days....buy, buy, buy....
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