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Which Happens First, $500.00 Gold or $700.00 Gold?

Some say gold is now heading back to $450.00-$500.00, some say it bottomed this week and is going back to the highs, what do you think??

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    RarityRarity Posts: 1,415 ✭✭✭✭
    $500 Gold
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    SmittysSmittys Posts: 9,876 ✭✭✭✭✭
    600.00 ...................image
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    ledzep87ledzep87 Posts: 1,108 ✭✭✭
    I do not think it will go any lower than $560.
    Great transaction with: Relaxn, Collectorcoins, OKCC
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    dragondragon Posts: 4,548 ✭✭


    << <i>I do not think it will go any lower than $560. >>




    Ok......but would you have guessed it would've hit the $570's when it was recently just $730.00 ??
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    $600 gold
    "Sometimes we don't know just what to do when adversity takes over." -- Cannonball Adderley
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    i'm thinking that gold will go up 5%-7% from here in the short term...if the democrats win a house in november then it will probably drop to $500... btw, i just bought GLD at $58 and i'll probably sell it during the next two weeks at $62-$63...if all goes as planned :-)
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    michaelmichael Posts: 9,524 ✭✭
    525-540 gold before 1000 an ounce on or before 2012
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    500 B4 700
    "Everyday above ground is a good day"

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    robertprrobertpr Posts: 6,862 ✭✭✭
    $500
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    mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    Yes.
    coinimaging.com/my photography articles Check out the new macro lens testing section
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    pf70collectorpf70collector Posts: 6,505 ✭✭✭
    Looks like it following gas prices. $2.57 regular now in Balitmore.
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    TWQGTWQG Posts: 3,145 ✭✭
    $700 by the end of the year.
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    WingsruleWingsrule Posts: 2,990 ✭✭✭✭
    700
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    OKbustchaserOKbustchaser Posts: 5,469 ✭✭✭✭✭
    Hopefully 300.00 gold before 700.image
    Just because I'm old doesn't mean I don't love to look at a pretty bust.
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    cladkingcladking Posts: 28,453 ✭✭✭✭✭
    Gold will never hit $500 again. It will get down to the equivalent of $500 in inflation
    adjusted terms in about sixteen or eighteen years. It should have years of strenght
    and then more years of drifting higher.
    Tempus fugit.
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    ttownttown Posts: 4,472 ✭✭✭
    We're moving into a typical seasonal period of a strong cycle for metals. I really don't care what happen in 6 months or a year or two the real winner are holding out for around 2010-2012 IMO.
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    TorinoCobra71TorinoCobra71 Posts: 8,043 ✭✭✭
    Gold will bottom out at $545.00.............

    TorinoCobra71

    image
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    << <i>Yes. >>


    Absolutely........!!!
    ......Larry........image
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    JJMJJM Posts: 8,007 ✭✭✭✭✭
    no less than $675 by yr end...........
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    carlcarl Posts: 2,054
    Soon, very soon the old story of Alchemy making Gold out of Lead may be a reality. They can now make Diamonds, change many elements into isotopes which are similar but not the same. Soon they will be making Gold, Silver, etc. It may be possible now but the economy wouldn't allow it. Note that Nuclear reactions already change some elements into others. Hydrogen bombs turn H into He as an example.
    It may not be much longer until gold is used to make toy soldiers due to being safer than Lead and cheaper.
    Carl
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    ttownttown Posts: 4,472 ✭✭✭


    << <i>Soon, very soon the old story of Alchemy making Gold out of Lead may be a reality. They can now make Diamonds, change many elements into isotopes which are similar but not the same. Soon they will be making Gold, Silver, etc. It may be possible now but the economy wouldn't allow it. Note that Nuclear reactions already change some elements into others. Hydrogen bombs turn H into He as an example.
    It may not be much longer until gold is used to make toy soldiers due to being safer than Lead and cheaper. >>



    Humm, must be rustly on my basic elements I didn't know that a diamond was a base element like gold. Next thing you know they'll throw away the color chart for mixing colors to make others.
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    RussRuss Posts: 48,515 ✭✭✭


    << <i>They can now make Diamonds >>



    That's been possible for quite some time. The problem is that the cost of producing anything better than industrial grade stones exceeds that of natural stones.

    Russ, NCNE
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    It is quite possible to make diamonds from...peanuts..aka.. carbon
    ......Larry........image
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    stephunterstephunter Posts: 2,324 ✭✭✭
    I think 800 before 500.
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    I hope it goes down so I can buy more.
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    Actually I read about some dudes back east who made a step-advance in the diamond-growing technology. They were growing some decent carat rocks with great clarity. By 2020 I bet they're no big deal.
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    expect gold to hit $542/oz
    they buy as much as you can and hold for the long term.
    inflation is not going away, nor is personal or governmental debt
    printing presses make the dollar worth less each day
    tiiiiiiiiimmmmmmme is on my sideeeeeeeeeeeeeee yes it isssssss

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