Gold price will plunge below $1,000 an ounce, bears claim | |
ASX:XAO
(OP) User ID: 11244707 Australia 03/03/2012 04:04 AM Report Abusive Post Report Copyright Violation | Gold Loses 4.3%; Silver Slides 6.9% NEW YORK—Gold slumped to a one-month low, and silver fell by almost 7% on Wednesday as investors bet that further monetary stimulus from the Federal Reserve wasn't near after comments from Fed Chairman Ben Bernanke. [link to online.wsj.com] |
Space_Ace
User ID: 10562758 United States 03/03/2012 04:08 AM Report Abusive Post Report Copyright Violation | If PM drops this far, I am buying a bunch of silver and those with more money will buy tons of silver and gold. Supplies will run out before prices get too low. Others will insist on a huge premium for physical metals. 1. Mass arrests of elites are ongoing, so don't worry be happy! 2. Banker resignations are in the hundreds and at that rate, victory by May! 3. NESARA, disclosure, ascension are all possible this year, be open minded! 4. Robogirls that look/act human and artificial wombs will burst the misandry bubble and free men! |
Secret Of Secrets
User ID: 9625463 United States 03/03/2012 04:28 AM Report Abusive Post Report Copyright Violation | so it takes more to purchase God Oil is up because of the lack of dollar value. Obama says... Print baby Print. Gold price will plunge below $1,000 an ounce, bears claim Quoting: ASX:XAO Sharp falls in the gold price have prompted some bears or pessimists to predict it will plunge below $1,000 (£625) an ounce. Even specialist dealers, such as GoldCore, talked of “blood in the gold and silver trading pits as leveraged longs got their heads handed to them on a plate”. Goldcore priced bullion at $1,721 or £1,079 per ounce this morning, compared to yesterday’s fix of $1,788 or £1,121 per ounce. A spokesman said: “The massacre is attributed to a host of different reasons – from month end book squaring to Bernanke’s suggestion that ultra loose monetary policies may soon come to an end. [link to blogs.telegraph.co.uk] |
HailMother
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