i am looking for gold at around 720 and will then initiate big purchases and hold long.
600 is possible but i think it will then continue to climb ... Cheap gold has to be a thing of the past....
i hope it goes to 450 and then i would buy more than the planet has to offer.....
Agree... this is just a phase we are going thru.
Surf can post here i have no emails from him saying otherwise. There was a issue with his posts so he may have just got fed up with it and took a break. everyone values his thoughts and can use it for making clear moves vs other info combined.
FYI....on trading matters...i played the JSX jakarta stock yesterday....there was a bomb scare in Bali market crashed so i bought...soon after it was deeemed to be a Gas explosion not related to Terror.....made a quick 10% sold end of day....
Hang Seng yes its down....combine with europe...
Dear Surf,
What do you think? Cash is good for now and only trade Forex?
i cant see any big swings in anything else? Indexs, Gold , oil unless on day to day but its too risky for me.
This is in the manner of Joan Miro, however i have never seen to this degree of expression so not 100% sure. This is out of Canavas on top of what seems to be a fine peice of art behind it?
All experts predicted oil to be where it is now.. (no surprise) All experts predicted the Dow to be where is it now from last Jan (no surprise) Surf has surprised even warren Buffet but hes still an expert. I think because your a rookie and with only 33 posts should be kicked from this site...
The DOW 3 days in a row same pattern high spike then fades by end of day....scary....if youre not watching all the time it could be a finacial disaster....
i saw them talk and I dont buy a word from the FED.....if your a trader you cannot jump to conclusions just on thier words of what they may and may not do....The only thing they can do is Forex but the $ would have to melt considerably from here.
Saudis are talking about realeasing un limited...
Interesting link...i had not realized that the costs had shot up so high which keeps favour for gold prices. I think to better understand the price we should in part assume OIL at about $105-110 the rest of year(realistic). this will then keep the gold price up on a natural basis.
surf.... after last 3 days of downward trends i am sitting about 98K in the hole, not a happy camper.
any chance of a rebound or should i sell.....i dont see the logic as to why gold is being so volitile at this moment...you dont usually see swings like this.
Where do you get your info? We run OOCL and you cant order a ship or container for 2-3 months as they are all full. this is the biggest US exports we have ever seen and the weak $ has helped. Quite the oposite to what you said above.
I talked to a few traders. Gold and Oil should be in tandem and since it hasnot expect a correction. This is what they forcast. Correction starting from what we saw late last week with gold recovering from losses and will continue to go....i hope a lot....:D
yes too funny Gold up almost $40 in 3 days..... you have to keep the oil in view and it only makes sense where gold is going plus other factors...
like what Ron Paul said delete this page...