QUOTE(lamode @ Mar 15 2014, 11:59 PM)
bullish for 3 mths, nice 
price now $1382.
next short term resistance at around 1390-1400.... price now $1382.
Gold Investment Corner V7, all about gold
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 Mar 15 2014, 11:06 PM
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#21
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh   
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Mar 17 2014, 10:08 PM
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#22
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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Gold retreated a little today ard 1375-1379...after touching this year high at 1380- 1385 last week Friday...
Subsequently euro and us market bounce...all their composite index up avg more than 1.xx% today... Let's see by this weekend Russia meeting to confirm to annex Crimea and us n Europe backlash to this event... |
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Mar 18 2014, 09:10 PM
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#23
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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Play with gold is even riskier than dealing with equities
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Mar 19 2014, 09:44 AM
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#24
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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At current situation we are trading gold at an opportunistic stance and its quite high risk. We r trading based on geopolitical potential war tension or slight bad economic DTA from US or Europe n China...
If can make a bit gain don't be greedy n just let go... For gold to be in a 1-3 years bull run as the previous case US govermnt sovereign debt or any credit crisis need to happen big time. N I don't see this can happen until at least end of next year... |
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Apr 4 2014, 01:19 PM
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#25
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5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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from earlier reading and research, the most minimal profit making a gold mining company can sustain is at 1100-1200 USD. If it drops below that, rest assured slowly a few mining companies gonna be put out of business... when supply decrease, in anticipation this market price can suddenly jumps back...
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Apr 4 2014, 09:57 PM
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#26
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5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(icemanfx @ Apr 4 2014, 05:37 PM) As if closed mines can't be reopened and operating mines can't increase production. Of course. The price move in anticipation of events, not when its already long happen. There's short timeframe window for profit taking.Same case with middle of last month. The price gold increase in anticipation of Crimea being annexed n market is anxious to anticipate what might happen. When the annexation completed..the price slide back. This post has been edited by max_cavalera: Apr 4 2014, 10:01 PM |
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Apr 5 2014, 03:44 PM
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#27
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(davinz18 @ Apr 5 2014, 04:41 PM) Woman Flyer Wears 6 Undies To Hide 2 Kg Gold India n Japan have imposed gold tax. Especially when involves transporting it out of f country...  http://www.indiatimes.com/news/more-from-i...old-139310.html |
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Apr 5 2014, 03:57 PM
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#28
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5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(davinz18 @ Apr 5 2014, 04:52 PM) Malaysia also same? How much %? If I'm not mistake n 5-8% tax on the value of gold. Japan recently increase it from 4% to 8%... |
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Apr 17 2014, 07:41 PM
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#29
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5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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It seems 1300 USD is the new support level? If the Ukraine crisis resolved it may slide to 1200 ish...
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Apr 23 2014, 04:08 PM
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#30
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(ChAOoz @ Apr 22 2014, 12:19 AM) Hi Guys, Honest POV. My sentiment is same as yours. Doubt will go increase more. Last bull at 1380-1385 max n it slide downward since...thought I still hold some but expect it to continue to decline well into end of next years...Any opinion on whether gold will slide further ? Looking to long gold via gld etf, but looking at a nice entry price. Current foreseeable weakness to go down further: 1) Deescalation of Ukraine crisis via another referendum 2) Weakness in major gold consumer market China / India 3) Tapering of QE and strengthening of western economy may led to money coming out of safe haven asset and go into more productive asset. Do feel free to shot down these point, as i want to gather some flip side opinion that could persuade me to go in at 1300 level. Aiming to go in once it hit 1100 or interest rate has gone up  |
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Sep 9 2014, 04:10 PM
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#31
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Senior Member
5,613 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(peri peri @ Sep 8 2014, 10:53 AM) waiting the gold price hit below USD 1240/oz like May 2014, then gold bar for flip I think downtrend imminent until next end of year...stock market us being doing quite great recently... |
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