Gold bubble

BitcoinStars.com

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Re: Gold bubble

August 09, 2011, 11:41:50 PM

#21

Quote from: S3052 on August 09, 2011, 08:54:44 PM

Quote from: Bitcoinstars.com on August 08, 2011, 09:25:47 PM

Quote from: S3052 on August 08, 2011, 07:41:29 PM

Gold is not in a bubble like Silver was up to its April high.

However, Gold will still experience a major correction down into the 1000-1400 area, and possibly into the 680-800 zone.

Hi. What kinda timeframe are you looking at?

1300-1400 within the next 6 months, 1000 within the next 1.5 years.

The big players have been short the mining stocks so it's a very reasonable lean

Kermee

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Re: Gold bubble

August 10, 2011, 05:43:13 PM

#22

We touched $1,800 USD/oz. today but it's fallen back to +42.12 @ $1,782.12 USD/oz...

Cheers,
Kermee

TraderTimm

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⇾ Re: Gold bubble

August 10, 2011, 08:43:35 PM

#23

Quote from: Kermee on August 10, 2011, 05:43:13 PM

We touched $1,800 USD/oz. today but it's fallen back to +42.12 @ $1,782.12 USD/oz...

Cheers,
Kermee

Yep, currently at $1,793 on August 10th. Bet we see $2,000 before year end.

fortitudinem multis - catenum regit omnia

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