Reply to: Gold could reach $5000 USD per ounce

[DimPrawn]

Dim,

i see a pattern forming here...

. you sold your euros for pounds prior to the devaluation of the pound

. you sold your shiny metal at under $1000 prior to the shiny metal going up


do you have any other gems for us ?


you could also help us, please tell us when you buy or sell and we will do the opposite

thanks,

Milan.

Don't use the following number on the Lotto:

14,22,36,41,42,44

You will never win with these numbers.

HTH

[milanbenes]

Dim,

i see a pattern forming here...

. you sold your euros for pounds prior to the devaluation of the pound

. you sold your shiny metal at under $1000 prior to the shiny metal going up


do you have any other gems for us ?


you could also help us, please tell us when you buy or sell and we will do the opposite

thanks,

Milan.

[TimberWolf]

Where's the poll?

[milanbenes]

timberwolf

the pound, like the dollar and euro, is dropping everyday against gold,

here is a very nice screen which you should check every morning:

http://www.taxfreegold.co.uk/goldpriceslive.html


this website is actually very useful as it lists £ and $ and Euro against AU,

and if you check it each morning it is easy to judge where confidence is or isn't for example, gold price up in dollars and no movement in eur and gbp, confidence in US economy and/or dollar is going down, gold price up in dollars and eur and gbp then confidence in the whole financial situation going down,
and of course, in general, gold price up things are bad, gold price down things are good

so really for us lot the best will be a low gold price as it will be a general indicator that things are good,

but on the other side, as we know things are a little fecked these days, and therefore gold is the only liquid safe haven I say liquid as property is also a safe haven but less liquid, then as we know things are fecked safest is to get into au

of course, everybody do your own research and never take financial advice from a .net contractor

Milan.

[DimPrawn]

It's not often I can trump the millionaire DP but:

"I have considerably more gold than yow"

I stupidly sold at well under $1000 an ounce for more worthless ££ expecting to buy a property that I never bought in the end.

I'm buying back in on any dips, month by month.

[TimberWolf]

I think I'll watch and wait and see how the Pound fares for a bit longer - it's been doing okay recently, and I have no idea why. Anyone know why the Pound isn't dropping like a stone?

Are there any small print issues to be wary of with Bullionvault?

Edit: It (the £) is dropping today though.

[DiscoStu]

I just have a spread bet on the FEB 10 gold future which is currently doing very nicely

[DiscoStu]

It's not often I can trump the millionaire DP but:

"I have considerably more gold than yow"

yaow

[sasguru]

It's not often I can trump the millionaire DP but:

"I have considerably more gold than yow"

WHS

[bobhope]

It certainly would make me happy. I've got two kilos of the stuff.

It's not often I can trump the millionaire DP but:

"I have considerably more gold than yow"

[DimPrawn]

It certainly would make me happy. I've got two kilos of the stuff.

[lilelvis2000]

That would make my wife extremely wealthy - she has a couple of troy ounces in the safe. Not to mention the 24k gold earring and bangles.

[TimberWolf]

http://www.bullionvault.com/gold-price-chart.do

Needs Java.

Choose your currency and date range.

Thanks. As it happens, I was just looking. Not so good against AUD in the last year (gold dropping in price considerably), but I must admit I am tempted (again), as I have £'s. The thinking being that average Americans may yet pile in and push it higher. Are you still buying?

[suityou01]

http://goldnews.bullionvault.com/gold_5000_111720091




If gold reaches $5000 per ounce it means the USA has gone bankrupt.

Was there ever any doubt that this was going to happen? Within the next two years I am told.

[DimPrawn]

Is there any point in looking at the price of gold in Dollars any more? Wouldn't it make more sense (for us at least) to compare to Pounds? Has gold risen against the Ozzie Dollar?

http://www.bullionvault.com/gold-price-chart.do

Needs Java.

Choose your currency and date range.