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isc70087 14-01-2008 03:20 PM

Spot Prices 2008 [Gold Spot $1000, 14th March]
Gold above 900
Silver above 16.25

aussieboi 14-01-2008 05:06 PM

do we sense 1000/oz coming soon? :D

isc70087 14-01-2008 08:41 PM

USDX has resumed falling .... ?

GoldBull5000 14-01-2008 10:53 PM

Be careful, friends of GCA, gold is overbought, if you just look at its chart. BUT, I always said here: Chart does not work in gold.

Market is really tricky, isn't?

paulho77 14-01-2008 10:58 PM

where can i see GOLD chart ?? thks i know kitco has one...but for those in shares...can we see GOLD in chartnexus ? thks

LeRevenant 14-01-2008 11:01 PM

I think the 'herd effect' is causing the sudden surge in gold prices. Hold fast everyone, the correction will come soon. Load up again when it kicks in. I suspect it may fall back to USD800 to 850 levels.

GoldBull5000 15-01-2008 12:57 AM

yes, $800 is still possible, but $750 is already no longer available. Trading gold is getting harder and harder every day. Just look at today's action, gold ranged 895 to 915 even before New York opens.

Gold is FAST becoming the darling of speculators of all sorts, watch out for much higher volatility over the whole year in 08.

Have you gotten your coins? Hold on to any real coins, stop selling into rally, you will not be able to buy back your coins at the same or even lower prices.

With such a daily trading range, I think a lot of physical gold dealers are in trouble now.

Silver_Bug 15-01-2008 09:58 AM

Bro, how can 800 is possible?
I think even 850 also not possible in mid term kua ....

isc70087 15-01-2008 09:00 PM

will hold at 905 and 16.25 tonight ....?

LeRevenant 16-01-2008 06:28 AM


Originally Posted by isc70087 (Post 5728)
will hold at 905 and 16.25 tonight ....?

Interesting day at gold trading today. Hit USD 913 tonight before an 'organised' sell-off to end the day at USD 894.50. Something tells me this downward trend will last for the rest of the week to reestablish the base price of >USD 850. The big players are really manipulating the prices for their own gains.

Side-track a little. Drop by a reputable pawn shop last night and the prices were shocking. Selling for $50.50 per gram, buying only $36 per gram! Thieves!

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