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Old 08-14-2019, 04:41 AM   #161
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Well its looking like they want it capped at $1500
Yesterday it was suddenly dropped from $1532 to $1486 which is a big movement and doesnt seem to have received much comment.

Turd reckons $1520 is an important technical level that they will defend.
Yesterday looks like confirmation of this.

I have mixed views, as it all seemed to be ramping up rather quickly ( too quickly ) and needed time to consolidate.

Perhaps now is time to pause and let the volatility emigrate to the crypto playground ?
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Old 08-14-2019, 08:23 AM   #162
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Originally Posted by rblong2us View Post:
...
I have mixed views, as it all seemed to be ramping up rather quickly ( too quickly ) and needed time to consolidate.
...
Jim Rogers said in that video posted the other day that he is waiting for gold to have a correction before he resumes buying more even though he expects gold to rise further. I don't have a huge wad of cash waiting on the sidelines to pounce on a low price. I just buy when I can and I'm happy to never sell it in my lifetime if I'm lucky.
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Old 09-03-2019, 01:20 PM   #163
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$1520 in the rear view mirror?
Starting to look like it (-:
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Old 09-07-2019, 07:36 AM   #164
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So what happened?
Gold down £ 50 in a day...
Ok it went up £25 first but such a large drop in gold and silver apparently because of a rumor that the US and China will resume trade talks?
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Old 09-09-2019, 07:15 AM   #165
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Well, you can't expect the metals to go straight up. There will always be some "corrections". I don't know what moves the paper markets day to day, but currency crises can only have one outcome, so I'm not worried about the future price of gold.
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