IS GOLD FINALLY GOING TO GET ITS FINAL WASHOUT I HOPE??? | |
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Anonymous Coward User ID: 69330501 Japan 05/26/2015 02:02 PM Report Abusive Post Report Copyright Violation | I guess I will have to agree with you if gold fails to make new lows in the coming weeks. For now it's been a good day, we broke $1200 and $1190 and failed to bounce (which we have seen so many times before), so further weakness should come quickly. |
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Anonymous Coward User ID: 69330501 Japan 05/26/2015 06:28 PM Report Abusive Post Report Copyright Violation | Check out that dollar. If this thing carves out a bottom for the next month or 2, can you imagine the next move upward once it breaks above the last high? Holy crap its gonna be huge. Quoting: Anonymous Coward 69311803 Yep, the Euro is fucking finished here. No way it's coming back. Given that we could predict that the whole mess with Greece might escalate horribly, because then Gold could rally together with the Dollar. |
Anonymous Coward User ID: 69311803 United States 05/27/2015 07:04 AM Report Abusive Post Report Copyright Violation | I hope so. Just now starting to buy some items from Spain so if we can get the euro to roll over it would save me considerable money. I guess we could trade sideways for a considerable time before new lows in the euro. Many months probably? |
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keihatsu
User ID: 66281859 Thailand 06/03/2015 02:25 PM Report Abusive Post Report Copyright Violation | I agree. Roughly 20% risk to the downside from here. I wouldn't leverage in at this point, but accumulating might be a good idea. Best bet is wait for a confirmed trend change. Last time I bought (I made the call publicly then too) was August 2008. Last time I gave a sell signal (publicly too) was a couple of days before silver hit $50. Past results are not an indication of the future. Data security - solved 2003 (System.Persistence). Monetary fraud - solved 2007 (Promise Language). |
keihatsu
User ID: 66281859 Thailand 06/03/2015 02:29 PM Report Abusive Post Report Copyright Violation | I agree. Roughly 20% risk to the downside from here. I wouldn't leverage in at this point, but accumulating might be a good idea. Best bet is wait for a confirmed trend change. Last time I bought (I made the call publicly then too) was August 2008. Last time I gave a sell signal (publicly too) was a couple of days before silver hit $50. Past results are not an indication of the future. Come to think of it, I did give a public buy signal when silver fell into the $20s after $50. I was wrong on that one. I did stress that it was a long term multi-year trade though. Data security - solved 2003 (System.Persistence). Monetary fraud - solved 2007 (Promise Language). |
Anonymous Coward User ID: 69405695 United States 06/03/2015 04:28 PM Report Abusive Post Report Copyright Violation | Euro rallies more and Gold/Silver go down, neat... Quoting: Anonymous Coward 69377174 What's going on, did they even ban your IP here? lol Maybe we'll get lucky and gold will dive along the downtrend line and make a lower low before Armstrong gets his summer/ autumn bounce. Yep, baned. Someone has a network around my neighborhood that I can get onto occasionally. Maybe there will be a lift of all banes soon. |
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Anonymous Coward User ID: 69418611 Japan 06/04/2015 08:54 AM Report Abusive Post Report Copyright Violation | I agree. Roughly 20% risk to the downside from here. I wouldn't leverage in at this point, but accumulating might be a good idea. Best bet is wait for a confirmed trend change. Last time I bought (I made the call publicly then too) was August 2008. Last time I gave a sell signal (publicly too) was a couple of days before silver hit $50. Past results are not an indication of the future. Then stay around with us here. :) Anyway, gold/silver continue to be shitty in the face of a strong Euro, which should top imminently? Let's hope it all falls together soon... |
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Anonymous Coward User ID: 69418611 Japan 06/04/2015 08:57 AM Report Abusive Post Report Copyright Violation | Seems to have found a floor at around $1160. I think the buying picks up whenever it drops below $1200. I don't think that will change with the number of physical buyers steadily increasing. Quoting: Anonymous Coward 69105810 Physical buyers don't matter much technically. All we see for two years now is stubbornness which must break. Or I hope it will break to start a sound new bull market. |
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Anonymous Coward User ID: 69405695 United States 06/04/2015 07:49 PM Report Abusive Post Report Copyright Violation | All he's saying is "So we should expect choppiness for the summer." Do I miss something or does he no longer mention a 100% rally? We didnt get the weekly close above $1239 so I think he says more sideways to down now. But really he is the master of double talk nonsense that can be spun both ways. I still might try to play a bounce when/(if) we get signs of a summer bottom. I've been busy all winter but now I am really to play. Yes, I hope that was it for the euro. Looks good for a new down trend to me too. |
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