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Where is our old: Gold thread?

Posted: Thu Mar 07, 2024 12:11 am
by NASA-Tom
You guys watching what is happening to World human-psychology (Spot Gold)?

Of ALL the things said/stated/documented in this lengthy old thread............... it is playing-out exactly per human Fibonacci cyclical sequence.

Re: Where is our old: Gold thread?

Posted: Thu Mar 07, 2024 12:49 am
by Daryl wi
This is going to be a good year for Gold. My market guys I subscribe to feel 50 -100% up move in the next 12 months. When the Fed starts chopping interest rates, Its good for gold.

Re: Where is our old: Gold thread?

Posted: Thu Mar 07, 2024 2:48 am
by NASA-Tom
Gold launching upward means: SEVERE economy.

Re: Where is our old: Gold thread?

Posted: Thu Mar 07, 2024 2:59 am
by Daryl wi
Stock markets hitting fresh highs, yet economy is tanking, not a good divergence, Market will come down to reality soon. Banks in bad shape due to all their commercial real estate loans getting hammered. When the fed comes to the rescue, with their printing press Gold will launch. The fuse is already lit on gold. Investors see what is coming. Anyone who has money in the markets might want to shift some into the gold miners. I'm already up close to 25% in the last week, with alot more to come .

Re: Where is our old: Gold thread?

Posted: Thu Mar 07, 2024 11:23 am
by EL NINO
To tell the truth, I expected an increase in the price of gold from the beginning of last year... because all the increase in the prices of consumer products was not exactly reflected in the increase in the value of gold... and gold slept for a long time.

In my opinion, the price of gold will now rise..but it is still difficult to say how high it will rise this year....even if the current year-on-year increase of 300 euros per ounce is nice..

Re: Where is our old: Gold thread?

Posted: Thu Mar 07, 2024 7:48 pm
by NASA-Tom
For some crazy reason........ gold has NOT "tracked" the economy/markets/World......as it should. Scary!!!

BUT........ silver is still the best bet. . . . . and is way below 'par'.

Re: Where is our old: Gold thread?

Posted: Thu Mar 07, 2024 10:21 pm
by Daryl wi
The Bullion banks and other banks use the derivatives markets to try to hold down the price of the metals. Rising metals prices do not look good for the dollar . But the dollar is about to get a good whoopin this year. Actually the price of gold is at record highs in most world currencies now.

Re: Where is our old: Gold thread?

Posted: Sat Mar 09, 2024 4:01 pm
by ScoTTT2
will executive orders 6102 and 6814 be used as precedence in the near future? and if so, what are you guys doing to prevent the major losses to your stacks/investments that would result? Are we in the roaring twenties?

Re: Where is our old: Gold thread?

Posted: Thu Mar 28, 2024 4:32 pm
by NASA-Tom
More crazy things going on ... in the World of gold. Again..... today...... it is above $2200

Re: Where is our old: Gold thread?

Posted: Fri Mar 29, 2024 3:37 pm
by Daryl wi
Gold is the canary in the coal mine., yet not too many people are noticing. Most people will buy in right near the end of the run.