Gold 2013 ......a lack lustre year?

[wackypete2]

lol, here's a quotable opine:

twitrationale:

Walter Murphy ‏@waltergmurphy 5h

Took a while to do it, but today's breakdown in #gold confirms the reversal of a five-wave uptrend from the 1999 low. #secular

i think Walter has been trading longer than i've been alive

I'm not sure if I think that's funny or not

Peter

 

[Joules MM1]

I'm not sure if I think that's funny or not

Peter

ha!

a crack-squad is on it's way to deal with your something-something-imperialist-something

Female North Korean soldiers patrolled Thursday along the banks of Yalu River, near the North Korean town of Sinuiju, opposite the Chinese border city of Dandong.

screamer that this passes for "news"

 

[YouAreNotFree]

18k GBP worth of Gold at a 7.5% discount to Fridays close.

God bless you Bullionvault and the panicked investors

Wish I had more sitting in the account.

 

[YouAreNotFree]

18k GBP worth of Gold at a 7.5% discount to Fridays close.

God bless you Bullionvault and the panicked investors

Wish I had more sitting in the account.

Sold at 0.5% below spot. 1% costs.

Weekend overtime innit!

 

[YouAreNotFree]

18k GBP worth of Gold at a 7.5% discount to Fridays close.

God bless you Bullionvault and the panicked investors

Wish I had more sitting in the account.

Same again, but 5% below spot.

Seriously, if you are giving your Gold away in a panic like this you should not be investing your own money.

 

[WR1]

saw this on another forum today

Peter Schiff:
worth a read

major support on the Monthly chart at approx 1450 and even stronger at 1330
although don't think i'll bother longing until there are buy signals on the charts

catching a falling knife - is, well like catching a falling knife


also another interesting article from a few days ago - but this does nt quite add up

Comex Gold Inventories Collapse By Largest Amount On Record | Bull Market Thinking

 

[brewski1984]

GS recommend selling and it drops 800 points in a day?

 

[kevo21]

The Friday selling pressure in Gold was compounded by the stop loss levels located at the 2012 lows. The large proportion of stops triggered, accelerated the move lower.

Large Hedge, Pension and Mutual funds are now reviewing their long holdings.

 

[Pat494]

I just love graphs. The low looks like about 2020.

 

[YouAreNotFree]

An interesting thing I heard on Bloomberg last week was that the BoJ printfest was Gold bearish. Japanese holders, having seen their Gold holdings soar to a Yen denominated record, were liquidating.

It's an intriguing take as the most natural reaction would be to think yet more QE would be Gold bullish.

 

[steve.h]

WR1, Interesting article.

So it is trading just above 1480, where does it go from here?

 

[Pat494]

Watch that gold drop !!
Could be down to 1300 soon
Goldbum & Sucks started this down move. It wouldn't surprise me if they weren't buying in secretly ?

 

[Joules MM1]

Watch that gold drop !!
Could be down to 1300 soon
Goldbum & Sucks started this down move. It wouldn't surprise me if they weren't buying in secretly ?

barely a bounce to pounce onto.....classic trending of a commodity

 

[Benj1981]

If anyone wants to sell me their physical gold or silver, please contact me via pm. You PM holders must be very worried; so if I can help you out I will. Hopefully you'll read this before gold trades $1000.

GTTY.

 

[Joules MM1]

If anyone wants to sell me their physical gold or silver, please contact me via pm. You PM holders must be very worried; so if I can help you out I will. Hopefully you'll read this before gold trades $1000.

lulz.....it's all in the logic

 

[Atilla]

Whilst 1800 has acted as resistance gold has made lower lows.

So now 1640 the old target has been taken out, T2 = 1540 is next.


Strategy to continue shorting the rises in gold for 2013 is in play.

http://www.trade2win.com/boards/commodities/164370-gold-2013-lack-lustre-year-10.html#post2046826


Please please no need for applause. Enough. Nothing to see here please move along... :cheesy:

 

[Joules MM1]

some classic from the interweb

HMS - Futures Trader ‏@TraderHMS 14m
Joke of the day on #Gold: "Olympic officials announced today that due to recent market activity, gold medals will now be for 6th place"

7 Things That Gold Bugs Are Saying This Morning To Console Themselves | Business Insider Australia

 

[Atilla]

BBC News - Why spend $250,000 on a gold shirt?

 

[Joules MM1]

BBC News - Why spend $250,000 on a gold shirt?

yeah, I could see that thing being thrashed at the local wash-out ponds......

 

[rsh01]

http://www.trade2win.com/boards/commodities/164370-gold-2013-lack-lustre-year-10.html#post2046826


Please please no need for applause. Enough. Nothing to see here please move along... :cheesy:

4th April 2013......

For the first time in a long while I'm feeling bullish about gold

Reason being the sound of beating drums in the distance usually is enough to get that old uncertainty buying urge going...

Not to mention Tokyo's war with deflation and talk of plan-B for Europe.

at least be truthful to yourself, else there's no hope.

you know how long Tokyo has been 'fighting' deflation? nope, didnt think so.