Gold will never go below $1,200 per oz again.

Will gold every go below $1,200 again?

  • It will never go below $1,200 again.

    Votes: 8 7.6%
  • It will go below $1,200 again.

    Votes: 97 92.4%

  • Total voters
    105
Quote from observer67:

Gold prices are rising because of World War III fears. I do not see any other reason for record-high gold prices.

Were you, perhaps, looking for Kitco.com? This is Elitetrader. Granted, the name is misleading, but you might be better suited at Kitco.
 
Quote from Ivanovich:

Were you, perhaps, looking for Kitco.com? This is Elitetrader. Granted, the name is misleading, but you might be better suited at Kitco.

Quote from Ivanovich:

So much for the OP and this ridiculous thread.
Are you scared of World War III. Be brave because World War III is the ultimate fate of mankind. It will happen any day now.
 
Quote from observer67:

It will happen any day now.

Ok, Francis.

tinfoil.jpg
 
Quote from Ivanovich:

So much for the OP and this ridiculous thread.

I am getting the feeling that peil and stock_trad3r may be one and the same. The limited mental capacity seems similar...
 
Quote from luckyluciano:

Oil is a necessary commodity worldwide. Gold is used fore mainly jewellry! Not a necessity by any means by anyone.


Gold is "used" for jewelery. But has always been a store of value and will always be. Its a precious metal. The jewelery aspect is moot at this point.

Your point about oil is absolutely true. I just feel that your not looking at gold in the correct light
 
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