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Gold's doing something it hasn't done in a long time

hchcoinhchcoin Posts: 4,829 ✭✭✭✭✭
in Precious Metals
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If you like technical analysis, this is right up your alley. Time to buy more?

Comments

  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    I'm expecting one more hit to allow the major shorts an orderly exit.

    The Number Of Days In Which JPM Lost Money In All Of 2013 Is...

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Well.... I will just sit back and watch.... it should be interesting. No doubt there are many things affecting gold right now. Cheers, RickO
  • OperationButterOperationButter Posts: 1,672 ✭✭✭


    << <i>I'm expecting one more hit to allow the major shorts an orderly exit.

    The Number Of Days In Which JPM Lost Money In All Of 2013 Is... >>



    Derryb I hope your crystal ball works, Id love to get a few bucks off my next purchases image
    Gold is for savings. Fiat is for transactions.



    BST Transactions (as the seller): Collectall, GRANDAM, epcjimi1, wondercoin, jmski52, wheathoarder, jay1187, jdsueu, grote15, airplanenut, bigole
  • cohodkcohodk Posts: 19,137 ✭✭✭✭✭


    << <i>I'm expecting one more hit to allow the major shorts an orderly exit.

    The Number Of Days In Which JPM Lost Money In All Of 2013 Is... >>




    In the blog, why did they choose 2008 as an example of what JPMs trading "should look like"? Who is this blogger who decides how or when someone or something should make money? And why use the most volatile year in generations as the basis of the argument? Typical.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,294 ✭✭✭✭✭
    Gold just sits there. Man's psyche is the only thing affecting it. Been that way since Moses got high, before his brother got stoned. ( a fairy tale)
  • cohodkcohodk Posts: 19,137 ✭✭✭✭✭


    << <i>Gold just sits there. Man's psyche is the only thing affecting it. Been that way since Moses got high, before his brother got stoned. ( a fairy tale) >>



    So true. If not for the creation of organized religion gold would have very little value.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Awe, c'mon! Gold is beautiful and useful and just neat. And so are silver and gemstones and pearls and furs.
    Gold is certainly something... it's just not everything.

    Liberty: Parent of Science & Industry

  • jmski52jmski52 Posts: 22,862 ✭✭✭✭✭
    It's not about gold, other than it's fine qualities. It's about the dollar! And other fiat as well!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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