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Gold $1150.90

Discussion in 'Off Topic Threads' started by PerazziBigBore, Nov 20, 2009.

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  1. PerazziBigBore

    PerazziBigBore TS Member

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    Gold is now $1150.90
     
  2. short shucker

    short shucker TS Member

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    PBB,

    I don't have any appreciable amount of gold, nor am I going to go out and buy any, but what are the experts saying that the price will top out at? I'm just kinda curious.

    ss
     
  3. PerazziBigBore

    PerazziBigBore TS Member

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    People way smarter than I say.. soon there will be an adjustment.. (drop).. then $1250... then hold for a while.. then a slow climb up to $1500..with an adjustment here and there..
     
  4. short shucker

    short shucker TS Member

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    Wow!

    Thanks PBB.

    ss
     
  5. PerazziBigBore

    PerazziBigBore TS Member

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    That doesn't mean to go out and buy gold on my say so... i have no crystal ball... BUT.. as our dollar keeps falling.. and falling..and the Feds keep printing more and more.. Gold is holding its value against other currencies..
     
  6. slowdp

    slowdp TS Member

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    I saw a prediction today that gold was going to $2300 by end of 2010.
     
  7. 221

    221 Banned User Banned TS Supporters

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    I have nor will I play with gold, but.....does any one remember the last time gold hit 600.00 years ago.....well the talk then was, that the next run would be to 3000.00.....I believe that claim was in the 1980's
     
  8. shannon391

    shannon391 Active Member

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    I bought some at 350, If I had a set of crystal balls I might buy more.
     
  9. PerazziBigBore

    PerazziBigBore TS Member

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    Never in my lifetime.. have I seen the devaluement of the US dollar as it is today.... and.. I don't think it's really started yet..
     
  10. bigdogtx

    bigdogtx Well-Known Member

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    Gold, and other precious metals, have a place in a diversified portfolio of holdings. We use between 5-10% in most clients's portfolios. One thing to remember with gold is, while in past it has held its value during inflationary times, you don't want to go wild thinking that it will be the answer to the devaluing of the dollar. Someone has to be willing to trade goods and/or services for the pretty metal. We are in a current economic crisis and many currencies are being devalued due to their country's econmic downturn. Just be careful!!
     
  11. rhymeswithorange

    rhymeswithorange Member

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    When trap shooting websites are talking about gold, you can bet that the easy money has already been made. No offense intended.
     
  12. PerazziBigBore

    PerazziBigBore TS Member

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    Now $1154.80
     
  13. PerazziBigBore

    PerazziBigBore TS Member

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    Now.. $1159.80
     
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