grubstake Posted December 2, 2009 Report Share Posted December 2, 2009 Its 9:30 PST. and gold is $1214.00 an oz! How high do you think it will go before Christmas? Grubstake Quote Link to comment Share on other sites More sharing options...
montana Posted December 2, 2009 Report Share Posted December 2, 2009 Grubstake. I have no idea how high it will go, but now that it has been over a thousand for quite a while, it may never go below that. This doesn't seem to be an impulsive run-up , but a lasting trend. I sold a lot of gold at just under $1,000.00, but luckily held some back and have a nice start to another stash, and more will be coming . ----Bob Quote Link to comment Share on other sites More sharing options...
TxGold Posted December 2, 2009 Report Share Posted December 2, 2009 Its 9:30 PST. and gold is $1214.00 an oz! How high do you think it will go before Christmas? GrubstakeHey Grub, I read an article last night that predicted the price of gold will be 2,600/oz by the end of 2010. Nice!!!!! Quote Link to comment Share on other sites More sharing options...
frank c Posted December 2, 2009 Report Share Posted December 2, 2009 50 to 75 dollars higher is my guess. Thats in answer to your statement on "by Christmas" Quote Link to comment Share on other sites More sharing options...
grubstake Posted December 2, 2009 Author Report Share Posted December 2, 2009 Yes, I have been watching the money part of the news very close and seems like all are saying Gold will reach up around $2000.00 before long, since the dollar is in decline. The focus is on gold now rather than oil. Markets change, but this could be a long run on gold. Silver also is moving up. Grubstake Quote Link to comment Share on other sites More sharing options...
Dakota Slim Posted December 4, 2009 Report Share Posted December 4, 2009 She loves me....She loves me not....Down 50+ today based on jobs report. Lots of profit taking is my guess. Quote Link to comment Share on other sites More sharing options...
montana Posted December 4, 2009 Report Share Posted December 4, 2009 How Low will it go?----Bob Quote Link to comment Share on other sites More sharing options...
homefire Posted December 6, 2009 Report Share Posted December 6, 2009 The Chines and others are buying gold with Dollar assets.The plan is to dump the Dollar and leave our shit in the wind.Everyone keeps saying the Chines can't afford to dump the Dollar because we owe them so much.Ha! They just started the March.I'm thinking that soon the Dollar will not even be in the Equation.There has already been open talk by the Oil cartels to base oil on another currency.If you have it! Hold IT! Quote Link to comment Share on other sites More sharing options...
blues_dad Posted December 9, 2009 Report Share Posted December 9, 2009 i'm buying up all the gold and silver I can get my hands on, gold is hard to come by at a reasonable price, but silver i can still find fairly cheap Quote Link to comment Share on other sites More sharing options...
grubstake Posted December 9, 2009 Author Report Share Posted December 9, 2009 Its just profit taking right now, thats why its going down, It will come back up more than it was. In ICMJ, Melman projects it will go sky high, I'm with him. Grubstake Quote Link to comment Share on other sites More sharing options...
norcal6er Posted December 9, 2009 Report Share Posted December 9, 2009 Thats it the ride is over its all down hill from here!!!Joe Quote Link to comment Share on other sites More sharing options...
grubstake Posted December 9, 2009 Author Report Share Posted December 9, 2009 Naw! I been on one of them rides, I was in a 56 Buick coming down off of the road that goes up behind Little Sur And the brakes went out, with my uncle driving, We got stoped! By a big Rock! But we got stoped! Thats how the gold market is right now. It will stop and head back up the hill. Grubstake Quote Link to comment Share on other sites More sharing options...
Reno Chris Posted December 9, 2009 Report Share Posted December 9, 2009 This summer, while hauling my trailer up a steep mountain grade, my car boiled over and I had to stop and let it cool down before I could add coolant. In the same way, gold has gotten too hot and has boiled over, and now we need to wait a bit for the gold radiator to cool down before we resume the ride up the hill. In a week or two we will have a good opportunity to buy for those who want to invest. I bet we get to $1040 or so before we churn for a while and then resume upward movement. Chris Quote Link to comment Share on other sites More sharing options...
Guest dennis sanders Posted December 9, 2009 Report Share Posted December 9, 2009 i'm buying up all the gold and silver I can get my hands on, gold is hard to come by at a reasonable price, but silver i can still find fairly cheaplol.lol.lol jeramy thats funny Quote Link to comment Share on other sites More sharing options...
Dakota Slim Posted December 17, 2009 Report Share Posted December 17, 2009 As some may have noticed, gold prices are falling pretty fast. It is down more than 30 today and was as low as $1,102 this morning. Quote Link to comment Share on other sites More sharing options...
PVGOLD Posted December 17, 2009 Report Share Posted December 17, 2009 Hi GaryI'll say $1,218.00.Glad your still with us. Best Regards Herb Quote Link to comment Share on other sites More sharing options...
Dakota Slim Posted December 22, 2009 Report Share Posted December 22, 2009 It looks like the party may be over but gold is still well over 1000. It's down 14 to 1081 at 9:45 AM on 12/22. The stronger dollar and bargain prices of stocks are surely affecting the gold price. At this time I'd say there is a lot more room for growth in stock prices than for gold. Quote Link to comment Share on other sites More sharing options...
Sean.C Posted December 23, 2009 Report Share Posted December 23, 2009 It looks like the party may be over but gold is still well over 1000. It's down 14 to 1081 at 9:45 AM on 12/22. The stronger dollar and bargain prices of stocks are surely affecting the gold price. At this time I'd say there is a lot more room for growth in stock prices than for gold.I don't think we will get a good idea of which way gold is headed until after the new year. End of December trading is usually on thin volume, with people looking to realize profits or losses for tax purposes. Quote Link to comment Share on other sites More sharing options...
ronald Posted December 23, 2009 Report Share Posted December 23, 2009 &1,500.00 by march Quote Link to comment Share on other sites More sharing options...
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