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Gold Price Up's And Down
eontraveler
post Sep 29 2011, 12:22 AM
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Everybody say's that Gold is the best investment now a day's but the price is jumping up and down all the time.
Any one has a suggestion on this subject.

Martin Masviken
Sweden
masviken@hotmail.com
CrossingInvest.org


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Avalanchee
post Oct 6 2011, 04:39 AM
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That is true for all assets, that prices jumps up and down, there could not be growth or fall forever. But now trend for growth is still remaining for gold. Yes it has dropped from 1900$ per ounce to around 1600$ per ounce within last weeks, but compared to the beginning of this year when it was 1400$ per ounce it is still up.


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rcsoco
post Jan 6 2012, 05:41 PM
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gold has peaked and is another bubble, just like the real estate market....get out now....if you bought at 1900 i feel sorry for you....if you bought it at 1,400 a year ago...then take your short profit and walk now.....it will be under 1,000 within a few short months


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GoldBelowSpot
post Jan 11 2012, 04:15 PM
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I disagree. Gold is down from peak right now but it does that this time of year pretty traditionally. People paying off Christmas presents and holiday trips primarily are the reason for that would be my guess. It's likely to take another dip but it will head even more north shortly after spring. Summer seems to be when it takes a typical rise only to drop again right after the holidays.


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elmadonnarushfor...
post Jul 25 2012, 07:43 PM
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Good seems to be in good terms now,thou still unstable,you can say that the price has grown tremendously,but have you considered Ed Butowsky's comment why Gold hasn't escalated to 1700 $ yet?
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NatashaBarnes
post Mar 25 2013, 12:36 PM
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QUOTE (GoldBelowSpot @ Jan 11 2012, 05:15 PM) *
I disagree. Gold is down from peak right now but it does that this time of year pretty traditionally. People paying off Christmas presents and holiday trips primarily are the reason for that would be my guess. It's likely to take another dip but it will head even more north shortly after spring. Summer seems to be when it takes a typical rise only to drop again right after the holidays.



I agree. Gold fluctuations are nothing to be concerned with. As long as you know when to buy and sell, it won't be a problem. Gold is a great investment plan.


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sayem
post Jun 3 2013, 01:37 AM
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QUOTE (GoldBelowSpot @ Jan 11 2012, 05:15 PM) *
I disagree. Gold is down from peak right now but it does that this time of year pretty traditionally. People paying off Christmas presents and holiday trips primarily are the reason for that would be my guess. It's likely to take another dip but it will head even more north shortly after spring. Summer seems to be when it takes a typical rise only to drop again right after the holidays.

Why gold price up and down?Gold investors are just not feeling the love, once again left to wonder why gold prices are going down.
The yellow metal dipped again Thursday, with gold for June delivery ending down $10 at $1,386.10 an ounce. It was the sixth consecutive trading day of declines and marked a four-week low for the metal.
With equity markets continuing to log record highs, and economic data showing some signs of improvement, safe haven gold looks nothing like its moniker.
Fueling gold's recent rout is not one thing; it's a combination of things.
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Layn
post Jun 4 2013, 06:43 AM
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yeah, gold is not the best investment for today.
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ResidualIncome
post Jun 7 2013, 05:39 PM
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Precious metals are not a typical investment... And really, they should be viewed in a very-very long term focus. They are not designed to 'make' you money, yet help you preserve the money you have accumulated.

The price of gold is currently being suppressed by many of the central banks from around the world... This has a lot to do with the fact that gold scares the banks as they have all engaged in massive monetary creation, called quantitative easing.

Historically speaking (and I'm talking 2,000 years to 4,000 years ago) Gold is the longest consistently used form of money known... And the current monopoly money (Whether USD, AUD, GBP or other) are nothing more than instruments of debt. Every 'dollar' for example is lent to the US government by the Federal Reserve, which is a Private Bank?!?! And every dollar must be paid back with interest.

What backs these dollars? Well, nothing but confidence at this point. Gold on the other hand is inherently valuable due to its scarcity... So if everyone stops being confident in the private banks that issue the dollars, or the dollars themselves, Gold will become more and more valuable (as will bitcoin and silver).

Right now, golds price is way down from its long run in the $1700 - $1900 range (part of the banksters suppressing the price) but this is really a HUGE buying opportunity for people with lots and lots of dollars laying around... Because if you have millions of dollars, you aren't earning money in a savings account, no money in CDs, the stock market is at bubble-like peaks... So where do you put your money? smile.gif In a treasure chest locked away in a vault in your SHTF shelter, I guess. lol.

Pay attention to what the uber wealthy are doing, not what the media is broadcasting!!!
CODE
http://bullmarketthinking.com/soros-reports-over-239mm-in-gold-positions-buys-25mm-in-call-options-on-juniors/


And remember, nothing goes up in a straight line... All markets have ups and downs.

Cheers to the fellow precious metals bugs here at MMG! May you buy every dip and enjoy the fruits of your labors for years to come!


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Ernesto Union
post Jun 7 2013, 08:10 PM
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QUOTE (eontraveler @ Sep 29 2011, 03:22 AM) *
Everybody say's that Gold is the best investment now a day's but the price is jumping up and down all the time.
Any one has a suggestion on this subject.

Martin Masviken
Sweden
masviken@hotmail.com
CrossingInvest.org


You cannot predict the future, you can only analyze and project what could happen but there's obviously no guarantees. Last time I invested in gold, I lost a lot of money.


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ResidualIncome
post Jun 9 2013, 08:19 PM
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QUOTE (Ernesto Union @ Jun 7 2013, 08:10 PM) *
Last time I invested in gold, I lost a lot of money.

I'm curious to know what you purchased the gold at and if you still have the gold... If not, what was the spot price when you sold it?


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