QUOTE(cybermaster98 @ Jan 13 2014, 09:28 AM)
Meaning a future drop?
Meaning Physical gold may be more expensive to get than what paper gold suggestGold Investment Corner V7, all about gold
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 Jan 13 2014, 10:27 AM
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#41
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All Stars
12,268 posts Joined: Oct 2010 
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Jan 15 2014, 05:20 PM
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#42
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QUOTE(cybermaster98 @ Jan 15 2014, 03:39 PM) The end of the gold slide is not in sight yet. 2014 will be worse for gold. Do not make the mistake and invest in gold now. I regret investing in gold now. I invested in May 2010 and now all my earnings accumulated over 3 years have absolutely vanished. same sentiments exactly in 2008 when gold plunged from $1080 to $680.I would now advice ppl not to waste time investing in gold. Go and invest in something that can give you a steady return every year. Assuming you invest 200g at RM130/g (RM 26,000) and assuming prices rise to RM200/g about 10 years from now, your net profit would be about RM 14,000. But if you had invested that RM 26,000 in one of those Amanah Saham giving out say 6% returns yearly, your total accumulated profit in 10 years would be RM 20,562. » Click to show Spoiler - click again to hide... « ASSume...........  problem is you can easily ASSume that it rises to RM400p gram But iagree that its good for diversification as in any investment portfolio |
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Feb 4 2014, 09:25 AM
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#43
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QUOTE(cybermaster98 @ Feb 3 2014, 10:43 PM) Fall in currency and equities which is what happened the in Jan 2014 which is why gold prices went up to US$1,280. But didnt last long and now gold is hovering around US$1,248 per ounce. Either way 2014 will not be a good year for gold. So my advice would be to look at other forms of investments. SO SURE? |
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Feb 14 2014, 02:02 PM
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#44
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QUOTE(cybermaster98 @ Feb 3 2014, 10:43 PM) Fall in currency and equities which is what happened the in Jan 2014 which is why gold prices went up to US$1,280. But didnt last long and now gold is hovering around US$1,248 per ounce. Either way 2014 will not be a good year for gold. So my advice would be to look at other forms of investments. Since you wrote this, gold has gone fro $130.92 to $137.90.That's 5.34% in a matter of 11 days. No one is ever sure about gold's move |
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Feb 16 2014, 02:56 PM
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#45
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QUOTE(Mr Gray @ Feb 16 2014, 02:25 PM) Heh, gold went up by how much, may I ask? In the short term, movement of $50 to even $200 is possible due to market uncertainties. But there is no way it's going to shoot to $1800 or even $2000, unless a crisis happens. HOW SURE are you that there will not be a global crisis?The end of QE3 is imminent. Janet Yellen is gonna continue tapering at every single FOMC meeting, unless something really bad happens to the U.S. Tell me why would gold price would continue going up? When money easing is slowly being soaked up? True, I do agree there is a lower bound to gold price. Perhaps it won't go lower than $1100 or so, because of underlying demand for gold from bracelets, rantai etc. Even your assumptions you made of USA and China are far off. Yellen gonna taper? With US real Unemployment at >20% tapering will welcome the next DEPeRSSion. WHO wants to be remembered for that? http://www.shadowstats.com/imgs/sgs-emp.gi...ad&t=1391782568  This post has been edited by prophetjul: Feb 16 2014, 03:02 PM |
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Feb 18 2014, 08:46 AM
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#46
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QUOTE(icemanfx @ Feb 17 2014, 04:14 PM) If policy makers don't take John Williams seriously, his influence is limited to his followers. Actually his influence does not matter.If reality of unemployment is > than 20%, the people in the streets will feel that. Does matter what the Feds SPIN or what he prints. THAT ultimately will influence the public |
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Feb 18 2014, 09:53 AM
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#47
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QUOTE(icemanfx @ Feb 18 2014, 09:48 AM) That is provided if the general public believe in John Williams more than the Fed. you don't get it.Doesn't matter what numbers each publishes. When Joe public can't find a stable job for 2 to 3 years, he will know the D is nigh |
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Feb 18 2014, 02:56 PM
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#48
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QUOTE(icemanfx @ Feb 18 2014, 11:16 AM) In developed countries, there are always some people in long term unemployment and these people have the least influence in society. Whether economy going to recession or boom time won't be determined by unemployed, hence there are economically irrelevant (note not socially). 20% unemployment did not overnight. If one read proper newspaper, will find economy in the west is on recovering path and emerging economy is likely to be in trouble within the next 12 months. What you mentioned there in normal state of economy is probably about <4%. You must also note that the people you described has increased in recent years due to the recessive conditions of the US economy. Why do you think the employers are not employing full time for so long? These people were not in that bracket in normal economic years of growth. Now that they have dropped into these bracket of unemployed, guess who contributes less to domestic purchasing of goods and services, the economy? On the mend is relative. From what? A pauper may eat mouldy bread today. Tmorrow he may get to eat thrown pasta. As long as the unemployment does not improve, a seeming growth will be ........ unsustainable and delusive |
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Feb 25 2014, 08:32 AM
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#49
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QUOTE(max_cavalera @ Feb 21 2014, 12:56 PM) wait for March and april following month market suppose to be more turbulent and more volatile...gold will provide good support to this...but if it doesnt happen and market continue to be solid gold will decline a bit... Rambling? |
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Mar 14 2014, 08:57 AM
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#50
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Like seeing how gold stumps predictors!
Especially those who were so bearish a month or two ago........ This post has been edited by prophetjul: Mar 14 2014, 09:41 AM |
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