GOLD has topped !

Hehehe, gold has topped.... I remember when I bought my first gold coin at my new dealer back when it was around 375, he said to me, "When it hits 1000, you're going to bring it back here to sell, right?" I told him back then, when it hits 1000, I'll be in here buying.

I will look at selling gold when there are get rich quick by flipping gold schemes advertized on TV, similar to the real estate ones from a couple of years ago.

That and I will buy an average house in a good neighborhood when I can get it for 1000 ounces of silver. People laughed at me when I said that in 2004 while scooping up junk silver and renting an apartment. Now they don't laugh anymore, but most still don't see my point.
 
Quote from EmAy:

GOLD is ready for a new bearmarket !

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This is perhaps the worst call in the history of the market.
 
Quote from Lobster:



I will look at selling gold when there are get rich quick by flipping gold schemes advertized on TV, similar to the real estate ones from a couple of years ago.

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You better turn on QVC tv .
 
Quote from infolode:

You'll be hearing more of "tops" over the next two months. I don't even try to argue. Perhaps in their timeframe gold has topped. Cube of ten.

Note: If you're a short term intra day gold trader we're legging down for awhile.

Long term trend is still intact.
 
Quote from JaiSreeram:

Why is only Gold considered valuable? Diamonds and Silver are also valuable ornaments? Why only Gold creates ripples?


Gold is more liquid than diamonds.
Gold doesn't tanish like silver
Gold is more valued as gifts in many cultures (and there's no rhyme or reason behind that sort of thing in any given culture)
 
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