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GOLD SLUMPING?

BAJJERFANBAJJERFAN Posts: 30,994 ✭✭✭✭✭
Or just maybe his customers have found a LCS Lower Cost Supplier somewhere else.

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    OPAOPA Posts: 17,104 ✭✭✭✭✭
    Gold is not slumping, but is in a slump and has been for a couple of years. The 64 thousand dollar question is: when will it wake up from it's coma.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    BaleyBaley Posts: 22,658 ✭✭✭✭✭
    how could something so yellow and shiny be slumping? no, gold is eternal. no slumping for goooolllldd

    Liberty: Parent of Science & Industry

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    OverdateOverdate Posts: 6,939 ✭✭✭✭✭
    Weak economy --> less disposable income --> less money available to purchase gold.

    Also, some gold buyers have likely turned into gold sellers to help make ends meet.

    My Adolph A. Weinman signature :)

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    cohodkcohodk Posts: 18,622 ✭✭✭✭✭


    << <i>Weak economy --> less disposable income --> less money available to purchase gold.

    Also, some gold buyers have likely turned into gold sellers to help make ends meet. >>



    Economy is stronger than it was 4 years ago. There are/were better options for investors.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    GRANDAMGRANDAM Posts: 8,378 ✭✭✭✭✭
    The time to buy is when few others are buying,,,,,

    GrandAm image
    GrandAm :)
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    TwoSides2aCoinTwoSides2aCoin Posts: 43,858 ✭✭✭✭✭
    Slumping ? Nah… tanking or brewing, or bubbling, or just sitting in inventory. image
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    BAJJERFANBAJJERFAN Posts: 30,994 ✭✭✭✭✭
    I like gold. Be nice to have the extra $$ to buy more.
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Strong dollar now... that has an effect, plus other investment opportunities.... hang in there..Cheers, RickO
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