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Gold is up .64% on Kitco right now! Time to hype the golden soft metal?

GoldbullyGoldbully Posts: 17,350 ✭✭✭✭✭
in Precious Metals
So much going on in the world.....how can gold not begin a move to the upside?

Kitco

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Comments

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,293 ✭✭✭✭✭
    I've fallen and I can't get up. image
  • mariner67mariner67 Posts: 2,746 ✭✭✭
    Because it is in a secular bear market.
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    The FED threw fundamentals out the window quite a while back. You didn't get the memo?

    "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

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Gold is a barbarous relic, got that memo all right. It will take another generation for another flock of PM buying sheep to be born, shorn, and led to slaughter.

    1979... 2011... see ya some time after 2040 I guess. Well, some of you! image

    Liberty: Parent of Science & Industry

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    The only predictability to the gold market is that something will happen, sometime in the future....and I might win the lottery tonight - or probably not...image Cheers, RickO
  • mariner67mariner67 Posts: 2,746 ✭✭✭


    << <i>Gold is a barbarous relic, got that memo all right. It will take another generation for another flock of PM buying sheep to be born, shorn, and led to slaughter.

    1979... 2011... see ya some time after 2040 I guess. Well, some of you! image >>



    image
    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    The blind faith in fiat is appreciated. It gives me great buying opportunities.

    "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

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Baaaa

    Liberty: Parent of Science & Industry

  • PerryHallPerryHall Posts: 46,137 ✭✭✭✭✭


    << <i>Baaaa >>



    Sheepie?image

    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

  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    Baleyville?

    image

    "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

  • PerryHallPerryHall Posts: 46,137 ✭✭✭✭✭
    image

    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

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    yep, that's a hilarious photograph that gets posted over and over and never gets old image

    Liberty: Parent of Science & Industry

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,293 ✭✭✭✭✭
    Bought the shop in '09. It will the 6th Annual Sell a Thon, come the 4th of July.

    Silver was $10 then. It's just over $15 now.
    Gold was $900 then. It's just under $1200 now.

    Let's keep it in perspective. If I see it from my little world, its about where it's supposed to be. And that's IN THE MARKET.

    It will probably be like this for another few days.
  • cohodkcohodk Posts: 19,129 ✭✭✭✭✭
    It won't take that long Baley but will be much longer than ordained by many half a decade ago.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,824 ✭✭✭✭✭
    markets go up and markets go down. Buy when everyone else is selling, sell when everyone else is buying.

    "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

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