Dont know about some of the old hands that have been watching gold.................but since the late

1990's, gold has almost doubled in price.

Today's rate of 12500 is the lowest it's been in a while

My question for you guys is...................can you see it falling much further in the next 12 months??

Dont know about some of the old hands that have been watching gold.................but since the late

1990's, gold has almost doubled in price.

Today's rate of 12500 is the lowest it's been in a while

My question for you guys is...................can you see it falling much further in the next 12 months??

Oil is falling, so gold is falling. It is anybodies guess what the current banking situation will bring.

but gold has always been historically stable, unlike oil......

but i am sure it was around 14500 only a few months ago.....

if you looking to invest, you best bet is to keep a very close eye, thus when the fall stops it can only go up, and when it starts to go up BUY, and again, when it starts to drop again SELL

very easy trading...

Naam can't be online at the moment. Otherwise he would have jumped in and talked about the fall in gold prices since one three minute period in 1987. ;-)

The downward trend from $1,000/ounce to $780/ounce is reversing. Inflation is rising (UK reported inflation over 4% today), people are losing faith in banks, money will begin to flow into gold again as a safe haven.

The downward trend from $1,000/ounce to $780/ounce is reversing. Inflation is rising (UK reported inflation over 4% today), people are losing faith in banks, money will begin to flow into gold again as a safe haven.

Interesting!!!!!!

The downward trend from $1,000/ounce to $780/ounce is reversing. Inflation is rising (UK reported inflation over 4% today), people are losing faith in banks, money will begin to flow into gold again as a safe haven.

that goes without zaphodbeeblebroxnuttinplatonicaphrododisiamcumaxenophobemising. for sure!

I should of sold when I had the chance.

but i am sure it was around 14500 only a few months ago.....

Even last week

RAZZ

but i am sure it was around 14500 only a few months ago.....

Even last week

only in your dreams

The downward trend from $1,000/ounce to $780/ounce is reversing. Inflation is rising (UK reported inflation over 4% today), people are losing faith in banks, money will begin to flow into gold again as a safe haven.

that goes without zaphodbeeblebroxnuttinplatonicaphrododisiamcumaxenophobemising. for sure!

Naam!!!!!!!!!!!..................and i was awaiting your thoughts on the subject

The downward trend from $1,000/ounce to $780/ounce is reversing. Inflation is rising (UK reported inflation over 4% today), people are losing faith in banks, money will begin to flow into gold again as a safe haven.

that goes without zaphodbeeblebroxnuttinplatonicaphrododisiamcumaxenophobemising. for sure!

Naam!!!!!!!!!!!..................and i was awaiting your thoughts on the subject

Roooooob!!! how often do i have to mention that our dog "stoled" my crystal ball, buried it in the garden and even promises of his favourite treats (bavarian weisswurst with sweet mustard) can't make him find it again

on a serious note. look at the correlation of gold and crude oil. it seems to tell us an interesting story.

The downward trend from $1,000/ounce to $780/ounce is reversing. Inflation is rising (UK reported inflation over 4% today), people are losing faith in banks, money will begin to flow into gold again as a safe haven.

that goes without zaphodbeeblebroxnuttinplatonicaphrododisiamcumaxenophobemising. for sure!

Naam!!!!!!!!!!!..................and i was awaiting your thoughts on the subject

Roooooob!!! how often do i have to mention that our dog "stoled" my crystal ball, buried it in the garden and even promises of his favourite treats (bavarian weisswurst with sweet mustard) can't make him find it again

on a serious note. look at the correlation of gold and crude oil. it seems to tell us an interesting story.

Tom McClellan (Sherman's son and purveyor of McClellan Market Letter) maintains the correlation is that Crude Oil tends to peak 11 months after Gold. I hope he's wrong in this instance.

The downward trend from $1,000/ounce to $780/ounce is reversing. Inflation is rising (UK reported inflation over 4% today), people are losing faith in banks, money will begin to flow into gold again as a safe haven.

that goes without zaphodbeeblebroxnuttinplatonicaphrododisiamcumaxenophobemising. for sure!

Naam!!!!!!!!!!!..................and i was awaiting your thoughts on the subject

Roooooob!!! how often do i have to mention that our dog "stoled" my crystal ball, buried it in the garden and even promises of his favourite treats (bavarian weisswurst with sweet mustard) can't make him find it again

on a serious note. look at the correlation of gold and crude oil. it seems to tell us an interesting story.

Tom McClellan (Sherman's son and purveyor of McClellan Market Letter) maintains the correlation is that Crude Oil tends to peak 11 months after Gold. I hope he's wrong in this instance.

hmmm... he was wrong in 2006 and he is wrong in 2008 i didn't waste my time to check other periods.

just my personal opinion: anyone who sells "Market Letters", books such as "How to...." or "The way to financial success" in order to make a living is not credible in my eyes.

if i knew where to find gold just under the surface i wouldn't tell anybody but buy the land and dig myself

just my personal opinion: anyone who sells "Market Letters", books such as "How to...." or "The way to financial success" in order to make a living is not credible in my eyes.

if i knew where to find gold just under the surface i wouldn't tell anybody but buy the land and dig myself

I subscribe to none myself. That said, the McClellan Oscillator and McClellan Summation Index are probably 2 of the best market indicators, ever.

:

The downward trend from $1,000/ounce to $780/ounce is reversing. Inflation is rising (UK reported inflation over 4% today), people are losing faith in banks, money will begin to flow into gold again as a safe haven.

that goes without zaphodbeeblebroxnuttinplatonicaphrododisiamcumaxenophobemising. for sure!

Naam!!!!!!!!!!!..................and i was awaiting your thoughts on the subject

Roooooob!!! how often do i have to mention that our dog "stoled" my crystal ball, buried it in the garden and even promises of his favourite treats (bavarian weisswurst with sweet mustard) can't make him find it again

on a serious note. look at the correlation of gold and crude oil. it seems to tell us an interesting story.

Your oil-gold correlation fell apart in the last 48 hours, because it is based on technical strength of the dollar. Right now, fundamentals are taking over, because of the crisis in the financial sector.

In the last 48 hours, crude oil down 6%, gold up 6%.

Yep up $50 tonight (1650 baht).

on a serious note. look at the correlation of gold and crude oil. it seems to tell us an interesting story.

Interesting as I write this (Wed morning pacific time ) ....Gold went up 84 USD/ounce & Crude Oil is up 4 USD a barrell

Edited September 17, 200817 yr by flying

Up $ 80 per troy ounce

on a serious note. look at the correlation of gold and crude oil. it seems to tell us an interesting story.

Interesting as I write this (Wed morning pacific time ) ....Gold went up 84 USD/ounce & Crude Oil is up 4 USD a barrell

16 out of the 80 dollars is nothing but USD weakness. the rest does not coincide with but is direcly related to more negative news from financial institutions and of course the DOW nosediving. but whatever... it is interesting and relaxing sitting on the fence watching what is going on

but whatever... it is interesting and relaxing sitting on the fence watching what is going on

Very true

Although there are moments when I think hmmmm what if

But I know 20/20 hindsight is the cause

Im not going in there & will stick with what works for me.

but whatever... it is interesting and relaxing sitting on the fence watching what is going on

Very true

Although there are moments when I think hmmmm what if

that kind of thinking goes with human nature. i have discarded that thinking (did not manage it completely) several years ago. if i had not i would have gone crazy. even now i get quite upset when i discuss finances with friends and have to listen to "if only..." because it does not lead to any meaningful discussion and do not change results.

absolutely necessary is to analyse and evaluate wrong moves immediately after they happened -respectively after they became known- thus learning to avoid mistakes as much as possible.

that kind of thinking goes with human nature. i have discarded that thinking (did not manage it completely) several years ago. if i had not i would have gone crazy. even now i get quite upset when i discuss finances with friends and have to listen to "if only..." because it does not lead to any meaningful discussion and do not change results.

absolutely necessary is to analyse and evaluate wrong moves immediately after they happened -respectively after they became known- thus learning to avoid mistakes as much as possible.

Yes all true I know what you mean about the if only's

The analyze & evaluate part is good advice for all facets of life.

Thanks

The Bangkok Post is quoting gold at 12,700 yet my local gold shops are selling at 13,500. I thought the price at gold shops paralleled the quoted price but clearly not. Can anyone explain the difference please.

You know what I think? I think those banks that the US government gave billions to, took that money and moved the Gold market. IMO they're not going to hang around too long, buts it's pretty cool to have the US Treasury as your daytrading account.

that kind of thinking goes with human nature. i have discarded that thinking (did not manage it completely) several years ago. if i had not i would have gone crazy. even now i get quite upset when i discuss finances with friends and have to listen to "if only..." because it does not lead to any meaningful discussion and do not change results.

absolutely necessary is to analyse and evaluate wrong moves immediately after they happened -respectively after they became known- thus learning to avoid mistakes as much as possible.

The Way of the Klingon.

You know what I think? I think those banks that the US government gave billions to, took that money and moved the Gold market. IMO they're not going to hang around too long, buts it's pretty cool to have the US Treasury as your daytrading account.

Righteo!

Edited September 18, 200817 yr by flying

Hey guys...............Thanks for all your interesting input

Today 13600!!! Da-m!!........missed that boat