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Gold getting KILLED !!!!!!!!!!!!!!!!!!

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  • Gold getting KILLED !!!!!!!!!!!!!!!!!!

    Ok, thinking i buy that 3 oz i was on about a few weeks ago........Gold under $1380 & the £ climbing BIG time v the $.........so it looks good........

    Anyone diss-a-gree?
    Mike

  • #2
    Re: Gold getting KILLED !!!!!!!!!!!!!!!!!!

    Originally posted by Mega View Post
    Ok, thinking i buy that 3 oz i was on about a few weeks ago........Gold under $1380 & the £ climbing BIG time v the $.........so it looks good........

    Anyone diss-a-gree?
    Mike
    So mike, what exactly do you think is going to happen now? Does this look like a bottom to you?

    EJ doesn't think there is much down side now, but that chart doesn't look good.

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    • #3
      Re: Gold getting KILLED !!!!!!!!!!!!!!!!!!

      Hi Global
      There are other factors here, not just $ V Gold.............but £ V $ V Gold.
      The £ has jumped in price over the last day or so, so Gold is cheap in £ terms right now.
      However the new Gov of the Bank of England is in next month & Bill Gross sez 15% devaulation on the cards..........thus i think i should buy now (next few days)...............

      Cheers
      Mike

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