Gold Triple Top Price Collapse Soon!!

Elitefaders!!!!

I have spoken and Gold will see 800 before it sees 900. It is now time to come to grips, to reality. The world is not going to end, you can stop hording that bullion under your mattress. We are at peace, not at war.

This is for those who wish to read and understand. This is the end of the gold bull market!!! It is now time to sell, now time to short.

I dont want to see any more charts of foolishness. Gold has topped and I expect a steep selloff in the new year. I have spoken.
 
LOL, why didn't you ask a moderator to shut down thread immediately after you've spoken. You are funny.

Do you at least have a stop on this?
 
I find it hard to understand how anyone who has insight into the market (in general) can think that we are anywhere near a top in the metals market. Short term? Fine - short term triple top - can easily be the case. It's too much to go into the various reasons right here, but gold is going Much higher. Silver is going much higher. Gold will go over $1000 USD. I can't see this as anything other than a given. If you want to make certain money, buy gold and wait until $1000/oz. If it moves against you, just be patient.

It's important to note that I am referring to owning actual physical metals - for obvious reasons holding leveraged positions on the COMEX may make it very difficult to hold a position that moves against you.

Bull markets don't end like this. Can you imagine that we have peaked in the precious metals market? Is THIS what a top of a bull market looks like? The general public is hardly even aware of this bull market. Nothing that comprises the last stages of a bull market has occurred.

The most significant aspect of this bull market is that it's driven by DEMAND - not some temporary lack of supply. Same thing with oil and many other commodities.

In any case - gold is ok - but silver is much better!
 
Sell yourself some Au futures when retail is buying gold bars, when all the gold bugs are out and can't get enough, especially when there are ads for the bars in WSJ, etc.
 
What I noticed is that thread title is calling for a collapse, though OP's last post refers to $800 before $900, hardly a price collapse. Now if he was to say collapse all the way to $500, then it would have been a different matter.

As it stands, I personally consider whole initial statement being a 50/50 as there is not even a stop level being mentioned. Price can hit $1000 and retrace to $800 and he would still be holding on to a winning trade.

Is there a triple top on the monthly chart?
 
young man ... if you can display some other charts for
silver platinum equities
crude oil forex currency etc for the next two years out ...

that will enable me to tell you if I think there is even a remote chance of your prediction coming true

by the way ... gold price according to experts
is supposed to average $800 this yr

your chart shows average of $750 or so

:p
 
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