Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

mohsinqureshii

Gold Bullish or Bearish

Recommended Posts

the retracement of gold is still going on but it may have reached its top. The metal is having a hard time getting above $1320.

 

Hi Ammeo

What are you talking about?

It went to nearly 1350 this week

regards

bobc

PS Hold on a sec..... Ammeo, are you short?

Share this post


Link to post
Share on other sites
I dont think Gold is going to the 1500 level again too soon...Many market commentators are still bearish on Gold and termed it as "Still Overvalued"...there is a very low demand for gold in China too which was one of gold's major demand player in recent years...

 

Hmmmmmmmmmmmmmm:hmpf::hmpf::hmpf:

Looks like a con

MMS up to his tricks

bobc

Share this post


Link to post
Share on other sites
Hi Ammeo

What are you talking about?

It went to nearly 1350 this week

regards

bobc

PS Hold on a sec..... Ammeo, are you short?

of course he is...remember all you guys said gold was bearish..you probally got him confused?? :rofl:

Share this post


Link to post
Share on other sites
I dont think Gold is going to the 1500 level again too soon...Many market commentators are still bearish on Gold and termed it as "Still Overvalued"...there is a very low demand for gold in China too which was one of gold's major demand player in recent years...
please meditate deeply upon these charts..how many bubbles do you see? How many bubbles have popped? Which bubbles have not popped? Which bubbles will soon pop? where will you be when they pop? I know where i will be...as mits says "free info to the left of chart"

 

Thanks

 

Patuca

image.thumb.jpg.4d8203de0c7607eaa732ae6cbb8a36b8.jpg

Share this post


Link to post
Share on other sites
:offtopic: heresy

 

 

 

Here's What Happens When A Central Bank Goes Bust | Zero Hedge

 

Ya'll have a great weekend

 

 

For all members who want to repeatedly post news updates, please do so in the News forum.

 

Some general rules:

 

create ONE thread only

no promotions and links (we will monitor all threads)

great article even if you did post it in the wrong place and got the RED flag...i loved the last part about being a paper bug...:rofl: :rofl:

image.thumb.jpg.6c2ab995d33666282817d7bba5a743ae.jpg

Share this post


Link to post
Share on other sites

Hi guys,

 

IMHO gold has already bottomed when it dipped sub $1200. It doesn't mean that it won't try to retest that area in a few weeks, but the physical demand is too strong now for gold to stay down for any extended period of time. It's really a buy-the-dip thing from now on imo.

 

Michel

Share this post


Link to post
Share on other sites
Hi guys,

 

IMHO gold has already bottomed when it dipped sub $1200. It doesn't mean that it won't try to retest that area in a few weeks, but the physical demand is too strong now for gold to stay down for any extended period of time. It's really a buy-the-dip thing from now on imo.

 

Michel

 

Opinions are fine.

 

Something more than "physical demand is too strong" would be better though.

Share this post


Link to post
Share on other sites
Opinions are fine.

 

Something more than "physical demand is too strong" would be better though.

 

I wish I'd have more time to detail why physical demand for gold is at record high (central banks buying, china, india, comex gold supplies declining at alarming pace, etc..) but it is so well documented on websites like zerohedge, sprott, jim sinclair that I didn't think it was necessary to expand more on the subject.

Share this post


Link to post
Share on other sites
I wish I'd have more time to detail why physical demand for gold is at record high (central banks buying, china, india, comex gold supplies declining at alarming pace, etc..) but it is so well documented on websites like zerohedge, sprott, jim sinclair that I didn't think it was necessary to expand more on the subject.

 

Hi Mike,

Are you buying or just talking?

regards

bobc

Share this post


Link to post
Share on other sites
Hi Mike,

Are you buying or just talking?

regards

bobc

 

Hi Bob,

Actually, I'm only trading wti crude, but have been a long time "watcher" of gold cause I use, among other things, wti-gold ratio in my crude oil analysis.

Regards

Share this post


Link to post
Share on other sites

I wish I'd have more time to detail why physical demand for gold is at record high ........

Well wasn't physical demand strong last year and the year before and price went ...... down.

Share this post


Link to post
Share on other sites
Hi Bob,

Actually, I'm only trading wti crude, but have been a long time "watcher" of gold cause I use, among other things, wti-gold ratio in my crude oil analysis.

Regards

 

Hi Mike

That sounds interesting

How does Gold affect Crude?

regards

bobc

PS Huge volume in Gold yesterday and the price stood still.

What does that mean to the volume experts.?

Share this post


Link to post
Share on other sites
Well wasn't physical demand strong last year and the year before and price went ...... down.

 

Last year physical demand wasn't nearly as strong as this year and the year before that physical demand was even lower. The lower the price, the higher the demand. It is as simple as that. You are bearish on gold obviously and you may be right, who knows? The one question that is very interesting when we talk about gold is: at what price level will physical gold demand (real demand) trump paper gold supply (speculation)?

Share this post


Link to post
Share on other sites
Huge volume in Gold yesterday and the price stood still.

What does that mean to the volume experts.?

Not sure what day you are refering to when you say yesterday. 7-29 or friday 7-26? But if it closes in middle of range or on high today 7-30 then it is bullish in short term senario. Longterm remains quite bullish regardless of detracters.

Share this post


Link to post
Share on other sites

Begin [Offtopic]

 

simon perdition

Here?s some hard data on the ?safest? fiat currency

 

Think those are dollars in your wallet? Think again.

 

And, just for snicks, here's a dam dbp wannabe

(… who n33ds to work on more pollyanna in his titling to have any chance at all, btw…)

 

Phoenix Capital Research's blog | Zero Hedge

 

 

And… for the jumpers

No More Fake News Jon Rappoport Investigative Reporter

 

End [Offtopic]

 

 

 

Begin [golf]…:)

Share this post


Link to post
Share on other sites
Begin [Offtopic]

 

simon perdition

Here?s some hard data on the ?safest? fiat currency

 

Think those are dollars in your wallet? Think again.

 

And, just for snicks, here's a dam dbp wannabe

(… who n33ds to work on more pollyanna in his titling to have any chance at all, btw…)

 

Phoenix Capital Research's blog | Zero Hedge

 

 

And… for the jumpers

No More Fake News Jon Rappoport Investigative Reporter

 

End [Offtopic]

 

 

 

Begin [golf]…:)

zdo thanks or the posts but man you gonna get red flagged again by tl founder if you don't follow the rules on posting..you know 3 red flags and boom you gone man..i mean like out of here..

Share this post


Link to post
Share on other sites

What's with all these random links? :)

 

Begin [Offtopic]

 

simon perdition

Here?s some hard data on the ?safest? fiat currency

 

Think those are dollars in your wallet? Think again.

 

And, just for snicks, here's a dam dbp wannabe

(… who n33ds to work on more pollyanna in his titling to have any chance at all, btw…)

 

Phoenix Capital Research's blog | Zero Hedge

 

 

And… for the jumpers

No More Fake News Jon Rappoport Investigative Reporter

 

End [Offtopic]

 

 

 

Begin [golf]…:)

Share this post


Link to post
Share on other sites

I wish I'd have more time to detail why physical demand for gold is at record high ......

 

and

 

Last year physical demand wasn't nearly as strong as this year and the year before that physical demand was even lower....

 

So which is it ?

Share this post


Link to post
Share on other sites
What's with all these random links? :)

 

Oh,oh zdo,

Patuca warned you

Now we 've got one of the Super Model Builders (Spitfires) investigating you

If you do get suspended,remember, you have the members backing.:helloooo:

And Patuca will send a file in a cake.

bobc

Share this post


Link to post
Share on other sites

I had some thoughts awhile back of putting a couple of Silver bars in the safe deposit.....just in case the Russians come (Vanderberg) .

But look at the gold/ silver ratio, and its expected to get worse

WHY?

Commodities have held their own.

Gold has fallen 20%

Silver has fallen 34%

Is silver in over supply?

How can I make a few bob from this anomaly?

Perhaps SIYUA can give us a pairs trade

regards

bobc

Gold__silver.png.c148dc04ad38c7ebe651858008a113e0.png

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • ItuGlobal: Our Latest NETELLER VIPs 2025 ITU GLOBAL VIP Members’ Rewards Every calendar year, we choose 2 customers to become our VIPs. They’ve permanently special status with us and they can fund/withdraw Neteller through us, at parallel market rates, whether they open brokerage accounts through us or not.   These are people who funded with the highest amount of Neteller, and who also withdrew the highest amount of Neteller through us.  They would be announced in January each year and added to our list of VIPs. ItuGlobal: Our Latest NETELLER VIPs 2025 Adetoye Oyebanji Babalola: Adetoye O. has started selling large quantities of Neteller to us since the very beginning of our company’s existence. He also sold Perfect Money to us many times, when PM was still available in Nigeria. Besides, he has given us a lot of helpful business advice, which has proven to be invaluable to us. He deserves to become our VIP. Isiaka Adekunle Mohammed: He is a constant buyer. Buying e-currencies and also funding his Instaforex account through us. We thank Isiaka A. for his trust in us and wish him the best in everything he does. Abiodun Lawanson: This is an avid buyer and seller of Neteller. He buys and makes profits and sells back to us. Sometimes when we are not online, he will send an offline message and we will process his order once we come back online. He has thus become our VIP. Source: Ituglobalfx.com.ng  
    • The best and the most sure-fire way to avoid all these forms of nonsense is NEVER to send any money to anyone, no matter the circumstances they claim... Even your closest family members.   Whatever they claim will happen to them, let it happen.   There is nothing new under the sun...   You need to be extremely cruel.... Never send anything of value to anybody, no matter what they claim, even if they claim death.   If you can follow this GOLDEN RULE, you will avoid a lot of regrets, heartaches and disappointments from all areas.   I send money only to people I have promised before.... Or someone I am seeing face-to-face... Or someone I have confirmed beyond reasonable doubts from external/independent sources that they really need the money.   Otherwise, nobody under this heaven can come out of blue (unless my parents or wife), even my siblings and request money.   Over 90% of requests for financial assistance and are fraudulent.   After all, if you die today... The scammers (even in the family) will continue to live without you.   Those who are merciful, kind-hearted and soft-hearted are the easy preys and targets of these scoundrels - 419 scammers.   They like gullible people and hate tough/cruel people.   Do not allow anyone to cause you to feel guilty for what you don’t do… Those dubious people want to make you feel guilty for not helping. But you don’t need to feel guilty as long as you’re not the cause of their problems or the issues they have.   It is better to lose customers/friends/family members/anyone's goodwill and keep your money, than to lose their goodwill and also lose your money.   Because that is what will happen at last... I have lost count of how many people that are currently regretting giving out loans, just because they want to retain goodwill.   When you're trying to please people, you end up displeasing yourself... And you will discover that those who are encouraging you to be kind and generous are themselves wicked and stingy.   Esin o dede l’oro... Araye lo ko esin loro. (It's humans being that taught the horse how to be cruel).   The best way to avoid falling for scam is NEVER to send anything of value to anyone, no matter who the person is to you or how they relate to you on this planet...   And never try to get anything for free or reap where you don't sow and never try to get rich quickly.   Follow this: You will escape/avoid all scams, lies, pretenses, fakeries, headaches, sorrow, regrets, high BP, later in your life.   Ignore this rule at your own PERIL.   Have a nice day. PS: And scammers will be using AI also for impersonations, phishing attempts and deepfake tricks. Just delay indefinitely and make independent calls, research and investigation before you part with anything of value. If you can't go through the rigors, just ignore the deals. I hope the Western World will soon pass legislation to regulate AI and deal with those who use it for evil.  To get free, winning trading signals, please visit: https://t.me/predictmag 
    • C Citigroup stock watch, pullback to the 68.43 gap support area, with bullish indicators at https://stockconsultant.com/?C
    • HDSN Hudson Technologies stock, strong rally, watch for a bottom breakout at https://stockconsultant.com/?HDSN
    • GLD SPDR Gold Shares ETF watch for a top of range breakout above 273.3 at https://stockconsultant.com/?GLD
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.