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  #981  
Old 15-10-2014, 09:42 PM
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daniel.yrh daniel.yrh is offline
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Up Up and Away! Gold just climbed 20 bucks
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  #982  
Old 15-10-2014, 10:25 PM
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hellcannon21 hellcannon21 is offline
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fluctuation ...... up and down....
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  #983  
Old 20-10-2014, 03:00 PM
cherub cherub is offline
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actually i tot gold's costs of production is around USD $1200
hence it cannot go much lower than $1200 for long...

go too low, the mines and companies will stop operating and supply will slow down...
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  #984  
Old 20-10-2014, 03:07 PM
cherub cherub is offline
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Quote:
Originally Posted by rlim1969 View Post
Bro Anlok, what you mean? U stopped stacking or selling off?

I was very frustrated as well, seeing the value keep dropping, told my wife it's getting to be scrap metal soon, but she scolded and woke me up. Since history long ago, gold and silver have been "treasures", and this time round no difference, so after further research, I have pick up pace again
must diversify into some stocks too to hold while whole world stock market corrects for a while...

i reverse.. diversifying from mostly stocks to a bit of silver and gold... since silver is now damn cheap to hold
dunno whether to hold physical silver or just buy silver futures...
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  #985  
Old 20-10-2014, 07:04 PM
GoldScaraB GoldScaraB is offline
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Quote:
actually i tot gold's costs of production is around USD $1200
hence it cannot go much lower than $1200 for long...
may i ask where did you get the cost of production of gold is around USD $1200
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  #986  
Old 24-10-2014, 12:00 PM
cherub cherub is offline
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Quote:
Originally Posted by GoldScaraB View Post
may i ask where did you get the cost of production of gold is around USD $1200
It was an estimate reported by some news articles


http://www.ibtimes.com/gold-prices-b...ouncil-1553008

Feb 2014- think costs differs from company to company...

but got 1 nice chart here

http://wealthninja.blogspot.sg/2014/...of-mining.html
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  #987  
Old 30-10-2014, 08:45 AM
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ShawnAG ShawnAG is offline
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Gold came down low since yesterday now is less than sg $50/gm
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  #988  
Old 30-10-2014, 10:32 AM
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alor alor is offline
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its shopping time again
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Hear Say See -> N o ! h i n g
silver is all about demand * gold is all about supply
holding gold & silver with purpose then the rest is just strategies
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  #989  
Old 30-10-2014, 10:43 AM
daniel6886 daniel6886 is offline
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@6:42 Scott Nations "Peter, when are you ever wrong!"

Scott is really pissed. First time saw Peter stumble while flipping prata.

Last edited by daniel6886; 30-10-2014 at 10:46 AM.
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  #990  
Old 30-10-2014, 10:56 AM
daniel6886 daniel6886 is offline
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Quote:
Originally Posted by GoldScaraB View Post
may i ask where did you get the cost of production of gold is around USD $1200
reported by 新明日报 as well...
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