Gold investment corner v4, Will gold price achieve USD2000 by 2012?
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 May 22 2012, 05:16 PM
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#21
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820 posts Joined: Jan 2003 
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QUOTE(BlackPen @ May 22 2012, 05:14 PM) Market it's depend on demand...i knew that.. Yes, but u don't understand global markets at all if you think Malaysia makes any difference to gold demand. Malaysia is just a drop in the ocean when it comes to gold demand... |
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May 22 2012, 05:31 PM
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#22
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820 posts Joined: Jan 2003
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QUOTE(BlackPen @ May 22 2012, 05:18 PM) it's depend on US and EURO right? i just start do research Yes, the economic conditions in the US and Euro, and perhaps physical demand from China and India.. enlighten me thx |
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May 23 2012, 07:41 AM
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#23
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820 posts Joined: Jan 2003
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QUOTE(EddyLB @ May 22 2012, 10:59 PM) If your defination of gamble must include "losing everything", then i agree all investment is not a gamble. Just because you have absolutely no idea which direction gold will take in the next minute, doesn't mean others do not.For gold, it fits the first part of your defination, ie you have absolutely no idea on the rise and fall for the next minute. But if you put in the second part, gold investment does not defined as such. But to me, when an investment is high risk, it is a gamble. You can lose 80-90% of your value in gold investment. I have experienced that before. So i define gold investment as a gamble Btw, how you lose 80-90% of value in gold investment? gold has never dropped that much, ever. |
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May 23 2012, 10:38 PM
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#24
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820 posts Joined: Jan 2003
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Gold plummeting again, almost back to the low last week..
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May 23 2012, 11:02 PM
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#25
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820 posts Joined: Jan 2003
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I have a feeling gold will drop below 1500 soon...
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May 24 2012, 12:09 AM
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#26
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820 posts Joined: Jan 2003
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QUOTE(nodoube @ May 23 2012, 11:37 PM) i thing it will hit the 1536.00.... Its already 1535 and doesnt seem like its stopping.. |
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May 24 2012, 12:47 AM
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#27
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820 posts Joined: Jan 2003
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QUOTE(Quinn @ May 24 2012, 12:21 AM) Trading with feeling is dangerous. Well it works for some. Some also say technical analysis is crap. To each his own... Of course its not just based on feelings, I have sevral reasons to think so, but ultimately, nothing is certain and I have to rely on my gut feel to indicate its direction.. |
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May 24 2012, 06:56 AM
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#28
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820 posts Joined: Jan 2003
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Amazingly, gold recovered all its losses and the Fed even hinted at more quantitative easing!
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