Is This Good Time for Buy Gold Again???

[mohsinqureshii 10]

Is this good to Buy GOLD Here for Long term or we should wait?

 

Will Next Quarter Give us a new Historic High??

[Obsidian 10]

I think it (physical gold) is a buy

[henryduncan12 10]

You can buy Gold for long term but I am not sure that it will be on Historic High in Next Quarter. There may be some raise in Gold price.

[xioxxio 10]

The real trade is platinum, sell gold and buy platinum.

 

Very few times in the past has gold traded at a higher price than platinum.

[Obsidian 10]

I do not think so...

platinum vs gold and platinum vs silver charts:

(charts are a couple of months old but you can get the idea)

[bobcollett 10]

Is this good to Buy GOLD Here for Long term or we should wait?

 

Will Next Quarter Give us a new Historic High??

 

Hi mohsin,

Why do you want to buy Gold::question:

regards

bobc

[bobcollett 10]

I think it (physical gold) is a buy

 

Hi Obsidian

The only time to buy physical gold is on your wifes birthday

regards

bobc

[bobcollett 10]

The real trade is platinum, sell gold and buy platinum.

 

Very few times in the past has gold traded at a higher price than platinum.

 

Hi xxx

Why is platinum a better buy than gold:question:

regards

bobc

[Obsidian 10]

Hi Obsidian

The only time to buy physical gold is on your wifes birthday

regards

bobc

 

haha, thank god she is not into jewelry that much.

hmm I guess it is time to look for a new wife who actually owns a jewelry shop

[xioxxio 10]

I have attached quarterly data going back to 87, you can see the two times ( might be a few quarters) where gold has been more expensive. The chart is platinum / gold

[Obsidian 10]

Selling pressure increases each day gold spends below 1660...

[zdo 20]

I don't plan to spec buy any gold until silver is under $24

 

( :haha: and I never have to change any plans )

[mohsinqureshii 10]

Selling pressure increases each day gold spends below 1660...

 

Thanks a lot Obsidian. I got your point. I am Also Think Like that...

[Obsidian 10]

daily and 4h charts are bearish...a weekly close below 1600 sends gold back to 1528 and then all the way down to 1420..weekly chart is in neutral zone so if 1600 holds, it is possible to see an attempt to touch 1656

[zdo 20]

:$eyed: :3rdEyeWinking: :TongueInCheek:

Meet The People Bringing You Currency Manipulation On A Daily Basis | ZeroHedge

[Obsidian 10]

isnt it a little silly to think you can beat a central bank?

[bobcollett 10]

daily and 4h charts are bearish...a weekly close below 1600 sends gold back to 1528 and then all the way down to 1420..weekly chart is in neutral zone so if 1600 holds, it is possible to see an attempt to touch 1656

 

Hi mohsi..

Try this:2c:

Tomorrow is Full Moon

Most commodities go UP at full moon..... 80% guaranteed:)

You can safely buy gold for 3 day swing trade.

Remember, I get a free lunch for the tip

regards

bobc

[Obsidian 10]

Hi mohsi..

Try this:2c:

Tomorrow is Full Moon

Most commodities go UP at full moon..... 80% guaranteed:)

You can safely buy gold for 3 day swing trade.

Remember, I get a free lunch for the tip

regards

bobc

 

Thanks, I will definitely keep this in mind :rofl:

[SIUYA 11]

isnt it a little silly to think you can beat a central bank?

 

you cant beat it you can only break it.....George Soros....

or more the point, they beat themselves.....

 

Unless Spain really goes down and QEIII needs to be so massive everything else is pointless, gold looks headed south....my completely off the top of the head comment even though I dont follow it.

What happens if people exit these gold ETFs and other such funds.

 

Something to ponder over the break.

[mohsinqureshii 10]

Hi mohsi..

Try this:2c:

Tomorrow is Full Moon

Most commodities go UP at full moon..... 80% guaranteed:)

You can safely buy gold for 3 day swing trade.

Remember, I get a free lunch for the tip

regards

bobc

 

I will buy it tomorrow If any broker give me the rates...Lolz:haha:

[Obsidian 10]

Hi mohsi..

Try this:2c:

Tomorrow is Full Moon

Most commodities go UP at full moon..... 80% guaranteed:)

You can safely buy gold for 3 day swing trade.

Remember, I get a free lunch for the tip

regards

bobc

 

wow it is full moon now and gold is up!

[MightyMouse 12]

Bubbles occur when there is demand resulting from excessive speculation and not when there is an demand from an increase in demand.

 

It is difficult if not impossible to predict when a bubble will burst. I suspect that gold will remain high as long as the fed and EZ maintains or increases its current balance sheet. So, if or when the fed and ez gets into a position to begin unwinding its funny money purchases, then gold will fade back down and over shoot the low.

 

Until then it will probably range between 1400 and 2000+. Plenty of room to make money if you know what you are doing.

[gianno 10]

This analysis is interesting:

 

Gold May Soon Test Resistance Near $1,800 An Ounce | Price Action Lab Blog

 

It seems that $1,800 may act as a barrier. I won't buy unless this level is broken. I will put 30% of my money in gold if this level breaks.

[Obsidian 10]

daily and 4h charts are bearish...a weekly close below 1600 sends gold back to 1528 and then all the way down to 1420..weekly chart is in neutral zone so if 1600 holds, it is possible to see an attempt to touch 1656

 

things did not change,this analysis is still valid

[zdo 20]

isnt it a little silly to think you can beat a central bank?

 

Not at all. Simply do a really good job of securing/hiding your physical PM's .. and then "prep" and have faith you will survive all the physical threats coming...

 

... thinking you can out trade a central bank... now that may be a "little silly"