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#1 2016-11-25 05:25:07

tolly_67
Member
Registered: 2010-05-17
Posts: 1,747
Trades :   

Gold nearing bottom.

In any turn, the stocks will lead the gold price.
Look at NCM, it is not moving down very fast, still near $20
Even if gold does reach $930, I doubt NCM will go below the $15 mark.
I believe stronger hands have the stock and are anticipating the low.
A very, very good sign.

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#2 2016-12-14 21:01:33

masmas
Member
From: Sydney, Australia
Registered: 2016-08-09
Posts: 284
Trades :   

Re: Gold nearing bottom.

Not yet, I believe the re will be more Interest Rate hiked again next year by the US Feds.


Regards,

M.A.S

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#3 2016-12-14 21:32:24

billybob888
Silver Stacker
From: Australia
Registered: 2014-01-08
Posts: 1,509
Trades :   154 

Re: Gold nearing bottom.

^^Maybe another hike december 2017 if they dont get a recession

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#4 2016-12-14 21:42:45

Ronnie 666
Silver Stacker
From: Australia
Registered: 2011-03-16
Posts: 2,401
Trades :   175 

Re: Gold nearing bottom.

95+ Million people out of the labour force
Deficit spending of 1.2-1.4T per year
Debt of 20T and heading for 40T in the next 10 years
State pension funds going broke
Infrastructure disintegrating
Fake economic numbers
Banks admitting to manipulation in all markets


.... it smells like a depression already. I don't think we need to wait any longer roll


"The Two Most Common Elements in the Universe Are Hydrogen and Stupidity" Frank Zappa

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#5 2016-12-14 21:50:42

betterlatethannever
Banned
From: Boganstan
Registered: 2016-09-13
Posts: 503

Re: Gold nearing bottom.

tolly_67 wrote:

In any turn, the stocks will lead the gold price.
Look at NCM, it is not moving down very fast, still near $20
Even if gold does reach $930, I doubt NCM will go below the $15 mark.
I believe stronger hands have the stock and are anticipating the low.
A very, very good sign.

You are clearly trying to manipulate the price of Gold - STOP NOW  big_smile

Does the number - 1518 sound familiar to you  lol

Merry Christmas  smile


SPECIAL NOTE - Supporting The Nation Of Israel 100% Of The Time 100% - Shalom.

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#6 2016-12-14 21:52:04

masmas
Member
From: Sydney, Australia
Registered: 2016-08-09
Posts: 284
Trades :   

Re: Gold nearing bottom.

billybob888 wrote:

^^Maybe another hike december 2017 if they dont get a recession

Billy,

Yes, there will be some more Interest Rate increase possibilities as described in this official website: http://www.cmegroup.com/trading/interes … -fomc.html

So it is not the good time to buy Gold yet.


Regards,

M.A.S

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#7 2016-12-14 22:03:09

Ipv6Ready
Silver Stacker
From: North Sydney
Registered: 2016-01-08
Posts: 2,204
Trades :   39 

Re: Gold nearing bottom.

With the fundamentals, wouldn't gold be in 3 digit by end of 2017


WTB 4 to 6 grams of pure gold. Don't care if it is coin, bar or granules. Near spot, suits anyone who has been tempted to open a certicard or just have some granules to make a ring

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#8 2016-12-14 22:04:28

masmas
Member
From: Sydney, Australia
Registered: 2016-08-09
Posts: 284
Trades :   

Re: Gold nearing bottom.

Ipv6Ready wrote:

With the fundamentals, wouldn't gold be in 3 digit by end of 2017

Yes, that's what I've been waiting for next year before converting / exposing all of my SuperAnnuation into Gold cool


Regards,

M.A.S

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#9 2016-12-14 22:04:50

betterlatethannever
Banned
From: Boganstan
Registered: 2016-09-13
Posts: 503

Re: Gold nearing bottom.

Ronnie 666 wrote:

95+ Million people out of the labour force
Deficit spending of 1.2-1.4T per year
Debt of 20T and heading for 40T in the next 10 years
State pension funds going broke
Infrastructure disintegrating
Fake economic numbers
Banks admitting to manipulation in all markets


.... it smells like a depression already. I don't think we need to wait any longer roll

and -

# "jobs growth" are mostly part time - "living" from week to week at best.
# wage increase less than 1% over 10 years (?)

I am 100% sure that 2017 will leave you saying - I didn't see that coming or that or that or even that  wink  and it won't be all about the ecomonics  smile 

2017 will go down in the record books without a doubt - enjoy  big_smile

Merry Christmas  smile

Last edited by betterlatethannever (2016-12-14 22:06:24)


SPECIAL NOTE - Supporting The Nation Of Israel 100% Of The Time 100% - Shalom.

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