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  #701  
Old 12-05-2014, 11:01 PM
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"Freefall" thread was closed & replaced by this "Bottom Fishing" thread. Time to replace this with a new thread "Crab (sideway movement) Spot"?
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  #702  
Old 13-05-2014, 08:05 AM
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Bank Of America Would Like To Buy Your Gold, Seeing "No Gains Above $1315"

Last year it was Goldman Sachs telling clients to "dump your gold" (only to become the biggest buyers of the precious metal in the following quarter). Just last month, Morgan Stanley advised clients that 'gold will not see $1300 again'... and today, Bank of America joins the crowd as Macneil Curry advises "It is time to sell Gold" (to BAML we presume?)... as the range trade of the past month is completing and the downtrend is set to resume.



BofAML notes...

It is time to sell Gold. The range trade / consolidation of the past month is drawing to a conclusion. Further gains should not exceed 1315.70 (May-05 high) AND CAN'T EXCEED the Mar-14 high at 1331. Downside targets are seen to 1215.


Sell Spot Gold at market (1300), risking 1325, targeting 1215, potentially below.

Which leaves us wondering... have we found a Thomas Stolper replacement?

http://www.zerohedge.com/news/2014-0...ins-above-1315
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  #703  
Old 13-05-2014, 10:45 AM
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Quote:
Originally Posted by bean View Post
Donovan Ang suggests that "Gold $1300 is a fair value and a strong buy"

I am no fan nor in any way related to the blogger

Merely sharing.. DYODD
donovan came out with a silver analysis today
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  #704  
Old 27-05-2014, 09:25 PM
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OK...now silver sliding below USD 19 again....

Time to LOAD UP!! slowly of course, or if you want to catch a falling knife, wait for the bottom...which nobody knows where and when.

chef

PS Not CRAB thread, still BOTTOM FISHING...
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  #705  
Old 28-05-2014, 09:13 AM
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no more fish, only buaya kuning silver crocs too
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  #706  
Old 30-05-2014, 10:40 PM
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Prices are trending downwards. Hope everyone haven't spent all their dry powder yet! @
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  #707  
Old 30-05-2014, 11:06 PM
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aiming for a sub $1200
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  #708  
Old 31-05-2014, 01:53 AM
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Time to buy myself some fathers day present..
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  #709  
Old 24-07-2014, 10:39 AM
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Spot drops below 1300, bringing this thread up to get ready for 1200.
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  #710  
Old 24-07-2014, 11:28 AM
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Gonna get another gold Panda when spot drops below $1,250
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