Peil laughs all the way to the bank

[morganist]

Latest Gold Price 1347.50.

Could it reach 2000 soon?

 

[S2007S]

Quote from morganist:

Latest Gold Price 1347.50.

Could it reach 2000 soon?

I think it drops back below $1200 for sure in the short term, its gone too far, too quick.

 

[morganist]

Quote from S2007S:

I think it drops back below $1200 for sure in the short term, its gone too far, too quick.

Yes it is partly a cyclical thing. It always goes up between september to december then falls sharply by february.

 

[peilthetraveler]

Its my silver thats making me rich, Not my gold. Still waiting for silver to get back to a 17.5 to 1 ratio though. I think we are at about a 58 to 1 ratio now.