Time to stack more yeah!

So theres a possibility for it to touch the 800 to 900 mark by the end of the year ?

any of you follow world renknown economist expert advise on gold and stock forecasting? i just found out 1 very good site that summarize a group of world famous economist forecasting. Ill post it here once i found it again...

next support is 1000usd/oz...this is the strongest support of all

Jim Rodgers is one of the guys that i have been following.

good. i follow a few of them. but i have to point out that somestimes even the expert themselves got it wrong 50% of the time....so its best to follow a few expert advice and forecasting....

where do you get these charts from ?

Nice predictions. Hopefully it will follows.

As the world is flooded with money due to QE / stimulus, every item price goes up in relative to the worth of the money. But as the gold standard is no longer used, do you think gold will still be consider a store of value ?

I see not much use for gold except for jewelry and other production use, as such with the scare of USD collapse gone the fair value for gold should be around 1100 ~ 1150 level based on production cost ?

pls stay below 1200, it is best to have 1000usd. then only masuk stock

Don't think this will happen, unless some major market movement happen. Such low value will not provide incentive for mining company to mine and produce gold. Leading to demand > supply and prices goes back up.

Was reading an article or watching a youtube video online that interviewed one of these traders around the beginning of the year. He claims that if gold touches 1100 or 1050 then seeing it touch the 800 to 900 marks is pretty easy.

Ill try to locate the article/video and upload it here.

Good point to ponder there
As for me. I like precious metals. For ups n downs hopefully. Not vr firm on that but I wl try to hold on to it n take opportunity to stack should the low price became stagnant..
Some other like rare rocks diamonds sapphire ruby emerald.
Some collects paintings. Some collect antics.
We believe these items hold some value.. And some sentiments to it making the owner pleased to see it even they hold no real measurable value. And suprisingly there are people are willing to to hv that in exchange of great deal of money.

So yeah.. Maybe u can find something u really adore n willing to put ur money to.. It doesn't always have to gold.

nothing is impossible.

Not to forget the guys that love getting luxury watches. I personally have a few friends that opt getting several high end watches like Panerai, AP and certain Rolex models with an aim of preserving the value of the watch. The rolex submariner is definitely a watch that holds its value.

So yeah, make sure that you enjoying buying the goods that you're getting.

Gold / Silver / Copper futures - weekly outlook: October 6 - 10
http://www.investing.com/news/commodities-...r-6---10-311860

I like basic need commodities eg corn wheat soy sugar. Human appetite and population growth will ensure steady demand.

But nothing is 100% even those prices are tumbling as new technology allow food to be produce cheaper and faster than before

I've been cautiously to not to mention that category
I love watches too.. Among other things. Aesthetics n engineering reason mainly.. W rose gold elements preferably.

Perhaps after I hv enough gold n other things first..

Anyone have experience with UOB? Is it needs to be there to do the transaction? or can do it online?