Gold Is Going to 1300-1400 An Ounce Within Months
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Good call on gold! Based on charts and other economic future factors, I think Gold will continue rallying like it has the last several years for many more years.
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well it's up to 1300 =]
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You make good points. Among the few uses, gold is an excellent heat reflector & the most corrosion resistant. It is is scarcity & high cost for industrial use that lends to its limited value. Silver on the other hand provides better electrical conductivity, at a fraction of the cost with greater overall abundance. It is this dependence, excellent properties, that makes silver a winner!
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its show that man has influence in the dollar:P
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@Banez1991 Bane, looks like you and all your other Gold Bulls got crushed. But then so did us Nasdaq Bears.
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A trend is nothing more than 6 points of subjective data in a given time frame. Not a very high bar to hurdle.
If you can't measure potential, you will consistently lose money. Trends are back seat driving.
Everything is based on the natural year.
If you wish to know where the market really stands...divide any index by price of gold and price of oil by price of gold.
Note that TraderMike kept you in as futures hit their yearly max mark. Ooops.
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Lol what the hell? bet you're a robot
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hell yes
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ROFL!:D wtf!
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Be careful when too many speculators enter a market, We recently saw this in RE where ppl in Cal purchased just with the hope of a flip
Gold, unlike Silver, has few uses. In fact most of the gold produced has traditionally been used for only jewelry. But now it looks like this year we may be reaching a point where the amount purchased by those speculating it will go up will exceed the amount used for jewelry as more & more consumers are switching to silver & platinum over gold. Be careful
months? .. i think itll be alot faster then that
Banez1991 2 years ago 3