By: brukevlay
12/09/2009
8:16 am Yahoo! Profile:
brukevlay Did this message offend you?
Sign in to report abuse |
Reply to this message |
I think the March ATH of $1,033 had a higher close than this. You can check it out if you can. It seems like it might have but if not, that augments this obstacle.
The manipulators might be hoping the sheeple will give up and think because of the price retreating each time from this close, it is time to take their profit and run, therefore doing their work for them.
Watch the USD V Euro. It's looking weak but a bounce up to 78 again will put more shackles on gold. |
|
By: reynard2008@y7mail.com
12/09/2009
7:42 am Yahoo! Profile:
reynard2008@y7mail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
| still - it is the highest weekly close ever |
|
By: brukevlay
12/09/2009
7:22 am Yahoo! Profile:
brukevlay Did this message offend you?
Sign in to report abuse |
Reply to this message |
| Closed at about $1,006 again. Not good enough. Manipulators still wining. $1,010 or so on two consecutive closes would be nice. |
|
By: brukevlay
12/09/2009
2:53 am Yahoo! Profile:
brukevlay Did this message offend you?
Sign in to report abuse |
Reply to this message |
| Back to $1003. The manipulators are working hard again. |
|
By: hdmausguy
12/09/2009
12:53 am Yahoo! Profile:
hdmausguy Did this message offend you?
Sign in to report abuse |
Reply to this message |
| Gold now trading above $1010 USD. |
|
By: brukevlay
11/09/2009
9:41 pm Yahoo! Profile:
brukevlay Did this message offend you?
Sign in to report abuse |
Reply to this message |
"now let's see how long it stays there this time"
If it goes again it will be because of the likes of this shiit-for-brains Crazyfool.
Same thing - different time. Was not content till the fool ruined your original Gold thread and now he is doing it again. Probably because gold looks likely to hold above $1,000 and that is detrimental to the moron's business. |
|
By: wrongallthetime@rocketmail.com
11/09/2009
9:23 pm |
Message deleted. |
|
By: wrongallthetime@rocketmail.com
11/09/2009
9:22 pm |
Message deleted. |
|
By: wrongallthetime@rocketmail.com
11/09/2009
9:10 pm |
Message deleted. |
|
By: wrongallthetime@rocketmail.com
11/09/2009
9:08 pm |
Message deleted. |
|
By: hdmausguy
11/09/2009
4:07 pm Yahoo! Profile:
hdmausguy Did this message offend you?
Sign in to report abuse |
Reply to this message |
| Just had a look at home page asx AUD .8646 USD. AUS all ords 4605 but dropping in last 1/2 hour. Gold $1001.10 USD but quite a sell off on many AUS gold stocks? Probably some profit taking and financing to other market sectors? If BG starts competing in the market place then there may be a spike up in the gold / silver price,especially if traditional buying also figures. |
|
By: reynard2008@y7mail.com
11/09/2009
3:41 pm Yahoo! Profile:
reynard2008@y7mail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
| the article I read did make the point that this is not strategic buying by BG but forced thus they will have to compete in the market place for an already dwindling supply. It is much more than just general movements - this is a major reversal of a policy and cold have a large impact just on its own, therefore needs to be isolated |
|
By: hdmausguy
11/09/2009
3:11 pm Yahoo! Profile:
hdmausguy Did this message offend you?
Sign in to report abuse |
Reply to this message |
| reynard - re Barrick, your being a bit pedantic there. I did say in part..."general worldwide investment in gold is increasing". That's what Barrick is doing, as most of us know, buying somewhere in the market place? I acknowledge that that amount of gold would certainly impact on the gold price. But their buying would be strategic so as not to spike the gold price too much. eg maybe buy off market from other big goldies? Further to the Kitco gold price just had a look at the chart, at 10pm last night (Syd. time) gold was abt. $983oz USD and @ 2.40pm (Syd.time)gold was $1001.20oz USD. |
|
By: wrongallthetime@rocketmail.com
11/09/2009
2:33 pm |
Message deleted. |
|
By: reynard2008@y7mail.com
11/09/2009
2:25 pm Yahoo! Profile:
reynard2008@y7mail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
you missed one - Barrick Gold is having to unwind its hedge position of 800 million ounces so they will soon be an active buyer of gold. BG is the world's biggest gold miner and this is more than it can produce in one year.
didn't someone call Obama a liar overnight - ironic isn't it - a politician calling another politician a liar and then starting a furore. The old joke - how can you tell when a politician is lying? His lips move. |
|
By: hdmausguy
11/09/2009
2:17 pm Yahoo! Profile:
hdmausguy Did this message offend you?
Sign in to report abuse |
Reply to this message |
| On a Kitco forum a poster said that the N Y & London markets were continually pulling the gold price down to keep it from stabilizing above $1k? The poster said that when the N Y & U K markets closed the gold price went up? When those markets were open the gold price went down? Interesting observation. Another opinion was that demand for gold in the next few weeks would increase due to demand from India(wedding season) Arab world end of fasting season(gold gifts),Chinese people being encouraged to buy gold by it's govt(t v ads). General world wide investment in gold is increasing. Off market("secret")sales of gold,many tonnes,between central banks of a number of countries. A number of govts. are taking physical possession of their gold. In anticipation of problems with a lower USD. World gold mine production is falling and a shortage is predicted in coming years. A number of a.nalysts have said that they expect some defaults on deliveries of large gold holdings due to paper speculation(physical transfers) on that gold by the repository. Once the market reacts a domino effect will kick in with an accelerating rush out of the USD. A short time ago on Yahoo financial news there was an announcement that Obama is to make a major economic speech on Monday. Could this be similar to the captain of the Titanic telling the passengers all is well and you have nothing to fear after the ship hit the 'berg? "Trust us you are in safe hands". |
|
By: wrongallthetime@rocketmail.com
11/09/2009
2:17 pm |
Message deleted. |
|
By: wrongallthetime@rocketmail.com
11/09/2009
2:10 pm |
Message deleted. |
|
By: wrongallthetime@rocketmail.com
11/09/2009
2:05 pm |
Message deleted. |
|
By: alwaysbeingright
11/09/2009
1:33 pm |
Message deleted. |
|
By: reynard2008@y7mail.com
11/09/2009
1:24 pm Yahoo! Profile:
reynard2008@y7mail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
| both also going up faster than the AUD:USD |
|
By: reynard2008@y7mail.com
11/09/2009
1:18 pm Yahoo! Profile:
reynard2008@y7mail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
| now let's see how long it stays there this time |
|
By: reynard2008@y7mail.com
11/09/2009
1:16 pm Yahoo! Profile:
reynard2008@y7mail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
| and silver heading for USD17/AUD20 |
|
By: reynard2008@y7mail.com
11/09/2009
1:12 pm Yahoo! Profile:
reynard2008@y7mail.com Did this message offend you?
Sign in to report abuse |
Reply to this message |
nearing USD$1000
(good time to start again) |
|
