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bumper
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Post by bumper » September 13, 2014, 8:22 am

Still have a downward trend, 18,000 was the lowest price in the past year. When eveyrthing goes back in the pits again it will pick up. I;m looking to buy in the 18,000 range.

http://www.bangkokpost.com/news/local/4 ... gold-price


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bumper
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Post by bumper » September 13, 2014, 8:36 am

Surprise surprice. Darn I'm not ready yet.

Gold prices down B200 to B18,850
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Martyn
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Post by Martyn » September 13, 2014, 5:24 pm

Bumper - Here's an interesting article on gold. I'd like to read your thoughts on it.

http://moneyweek.com/will-asias-demand- ... p-growing/

bumper
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Post by bumper » September 14, 2014, 8:54 am

My first impression it is an advertisement, that always makes me think twice. it's in the middle of the article.

It wasn't that long ago that gold was gold gold was going to be %5,000 an ounce. Per advertisement's and it may be some day. But, not in my lifetime.

Asians definitely like gold. But, that I don.t believe is enough to drive the price up or it would be up now.

I believe gold is in more demand as a safe haven. Right now markets are going up, to far up and I believe there will be a correction. The market works that way or you couldn't buy for less and sale for more.

So why my interest as the markets goes up Gold price goes down. When the market correct's gold prices should go up.

I"m not a gold buff I just like making profits. When I think the markets have tanked then I will sale the gold and buy good stocks.

If I had not been forced to sale off my position ( family Problem ) I would still be buying stocks and let averaging take care of the problem, To do that you have to have bought in at a good price in the first place. That price is not there right now. So I have to get the hair off the kitty another way.
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TJ
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Post by TJ » September 20, 2014, 1:08 am

Gold and silver buyers are likely very interested in the present value dip now taking place. Will it continue?

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Post by BigRick808 » September 20, 2014, 7:10 am

Almost certain they will bounce up and down a little between now and Jan., 2015. When you see $16-17 and $1100 or so, buy! Afterward it will jump. Around 17.80 and 1215 today.

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Post by wiking » September 20, 2014, 8:05 am

I wrote for long time ago - 900 dollar - and this is still the target

but off course with 1 step up and two down

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Post by bumper » September 20, 2014, 11:21 am

Yesterday was interesting not only in Gold. But, in stocks and the dollar as well. The only thing I saw that was major yesterday the Scottish vote. When the results were rel;eased socks gained. All and all we are very interconnected these days wold wide.

As long as markets are headed north Gold should be headed south.

Man who knows how far. In the long term it will go back up again always does.

Finding that buy in point is truly beyond me.
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Post by bumper » September 20, 2014, 11:39 am

I don't if you guys cant see this chart or not.

It's interesting gold is at 18,500 Gold is at a year low, 18,500 last December. I'm not great at charts But, it looks like a continuing down trend to me

http://www.goldpricethai.com/charts.php?type=1-year
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Post by BigRick808 » September 22, 2014, 3:26 am

Unread postby wiking » September 20, 2014, 8:05 am
I wrote for long time ago - 900 dollar - and this is still the target

but off course with 1 step up and two down





I've heard many people, even the so-called experts forecast prices under $1000. Every date has passed. What is your view in regard to when this will happen? Can you say within a six month period within a certain year? I would be delighted to buy at 900 an OZ. Any prediction for silver?

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Post by bumper » September 22, 2014, 8:34 am

I think when the FED raise interest rates we will see the bottom, that is supposedly the the third quarter of 2015. That is nothing more then a guess. As a norm dollar up gold down.
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Post by bumper » September 22, 2014, 8:45 am

This is what the guys who are suppose to know say.

http://www.bloomberg.com/news/2014-09-2 ... llion.html
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Post by Udon Map » September 23, 2014, 7:53 pm

bumper wrote:I think when the FED raise interest rates we will see the bottom, that is supposedly the the third quarter of 2015. That is nothing more then a guess. As a norm dollar up gold down.
I would expect interest rates in the U.S. to start going up before then.

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Khun Paul
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Post by Khun Paul » September 24, 2014, 12:39 pm

Interesting to note that the Royal Mint, is now offering an easier way to buy Gold and Silver at spot prices, and also hold same in the vault for you as well. mnakes buying either easier and you do not have to store it either.

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Post by bumper » September 24, 2014, 1:41 pm

Well I hope so. But, Yellen is keeping things tight to the vest, Supposedly the last Q.E. measures stop next month. We night see some reaction from that. But, it's hardly a secret.

But so much is ran on emotion's, you never know.
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Post by bumper » September 27, 2014, 12:21 pm

Someone was asking about silver some time back, this is the only thing I've seen on it.


http://www.cnbc.com/id/101978880
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bumper
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Post by bumper » October 1, 2014, 12:29 pm

A Scaring the heck out of $1,200 I really don't think it's done yet. So I will remain patient.

http://www.bangkokpost.com/business/fin ... -to-b18600
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Post by BigRick808 » October 1, 2014, 9:44 pm

Just bought 100 of these yesterday(here) when silver was 16.95. I still think silver will go to $16 and gold at 1100$ by January, but since these are 2014's and limited at a low markup, I went for it. http://www.jmbullion.com/on-sale/

bumper
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Post by bumper » October 3, 2014, 9:55 am

Thai Gold price 1860, I think it will go to the 1700 range and that is when I plan on buying Ingots, for a long term hold.

Those who bought at higher prices more then likely will recover what the bought at and some. If the economies look good Gold should go down. When it goes bad again and it will, Gold goes up. Gold is tricky as you have be careful of all the hype. Will Gold hit $5.000 an ounce yes it will will it be in my lifetime I don't know.

I still remember when we were going to use the dollars to start our fires with. Well it's still here America hasn't folded up its doors and went away. Those who bought good U.S. companies prior to 2008 and held on got rewarded for it.

I watched Buffet for an hour on CNBC last night I can sum up his success easily, never buy any business that you don't understand.

To add a bit what the market is doing today has little to do with what that business will do in 10 years.

Always buy at the right price. It was interesting he wasn't really basing that on what the market was doing but more on what the business itself would do

However he did admit he bought more when the market and prices were down.

Gold is not hard to understand, all the hype can be tricky.
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Post by joepai » October 3, 2014, 1:01 pm

Shame Buffet does not do what he preaches - he screwed up on Tesco's and even admitted it.
I was born with nothing and still have most of it left

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