HAHA - Goldbugs!

Quote from bond_trad3r:

I found the person responsible!

Goldfinger+at+cards.jpg
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I thought Mister Goldfinger was supposed to make the price of gold go UP!!!:D :p :cool:
 
Quote from atticus:

Wow, that's a bold call. Sure you want to risk it?
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LOL :D But I wasn't kidding...

I will buy a pair of Prada shoes for 500$ knowing that it costs them 40$ to make it.
I won't buy gold for 1400$ knowing that it costs 400$ to extract it, not even if the gold bugs demand sends its price to ridicolous levels.
 
Gold flash crashes just now

<iframe width="420" height="315" src="http://www.youtube.com/embed/MagCoUYvIXE" frameborder="0" allowfullscreen></iframe>

mp_goldfinger-ring_movie.jpg
 
Quote from bond_trad3r:

Gold flash crashes just now

<iframe width="420" height="315" src="http://www.youtube.com/embed/MagCoUYvIXE" frameborder="0" allowfullscreen></iframe>

mp_goldfinger-ring_movie.jpg
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This does not appear to be a 'flash crash', just a selloff in a downtrend that tests the recent lows, but hasn't hit them (1321).
 
Quote from murrica:

This does not appear to be a 'flash crash', just a selloff in a downtrend that tests the recent lows, but hasn't hit them (1321).
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My apologies, it was a rapid enough drop to take notice.
 
I'm not going to trade this sucker (too nutty for my blood) but definitely curious to see how it behaves here. Currently 1354.5 or so, nice little retrace off the quick down-move.
 
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