Gold correction has ended

Discussion in 'Commodity Futures' started by GlobalFinancier, May 30, 2006.

  1. Nah, I'm probably wrong. $580 should be the next line of support... I wavered....
     
    #21     Jun 1, 2006
  2. I was wrong!
    Gold continues correction, 627.58
     
    #22     Jun 1, 2006
  3. and bye bye silver...
     
    #23     Jun 1, 2006
  4. >> I was wrong!
    >> Gold continues correction, 627.58

    Now, that you admitted it ll prove you wrong once again by going up now... :))

    Best,
    - Zero

    PS : I just bought a few kilos last hour
     
    #24     Jun 1, 2006
  5. I bought CEF Canadian silver and gold. Stop loss is wide. I am in it for the long haul. Paper money is worthless and so is the US economy. We are in a verge of a credit bubble popping an when it does. Gold will be $900.
     
    #25     Jun 2, 2006
  6. zdreg

    zdreg

    gold may be up but silver may fall as economic activity slows
     
    #26     Jun 2, 2006
  7. 632.85, correction continues it appears.
     
    #27     Jun 6, 2006
  8. chill....if it goes lower we buy cheaper...

    :)

    ps I bought a truck today ;-)
     
    #28     Jun 6, 2006
  9. contango

    contango

    I'm going in lightly with the intention to scale up once the uncertainty around the USD diminishes. Bought gold at 633 and silver at 11.7 and prepared to take heat down to 620 and 11.0. When this thing kicks back into gear it's gonna shift quickly... (I think)... :p
     
    #29     Jun 6, 2006
  10. Not going to finish this correction until it is clear the Fed is on pause or some other USD shattering aspect materializes.
     
    #30     Jun 6, 2006