OLD THREAD:Gold will plummet: the dollar will strengthen.
- Thread starter YumYum
- Start date
People that actually trade gold have been calling for a correction for quite a while. Correction doesn't equal "plummet." There are no fundamentals to support a stronger dollar, it's just trading. Gold will be going up to new highs in time, at least in terms of dollars. 2k is a foregone conclusion at this point.
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tmosley
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- Jan 9, 2008
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Oh noes, 4% down! What will I do with my 66% profits!?
Original_Intent
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Gold was at $1050 an ounce when you made this prediction 6 weeks ago. Even taking the low point hit today at $1150 an ounce, that's almost a 10% increase in 6 weeks. And you are here crowing about how right you were??? I think there is a job opening in the current administration - surely if you can claim this as a victory for your predictive power, you can spin unemployment number in a positive light, maybe you can even win us the war in Afghanistan?!
andrewh817
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Why does recovery look probable? What do you define as recovery?
OK, I have to just say it. You're a moron.
Got out at 1220.00 Will put it all back in at the bottom (which may be Sunday night). The lower it drops, the better.
Every year, the stack grows.
When the NWO currency makes it's debut, you'll be exchanging 5 USD for 1 OWD.
Over the past 40 years, I'll have a 40 for a 1.
BTW, I never told you you were wrong, so let me take this opportunity...
You're wrong.
Bosso
Gold was at $1050 an ounce when you made this prediction 6 weeks ago. Even taking the low point hit today at $1150 an ounce, that's almost a 10% increase in 6 weeks. And you are here crowing about how right you were??? I think there is a job opening in the current administration - surely if you can claim this as a victory for your predictive power, you can spin unemployment number in a positive light, maybe you can even win us the war in Afghanistan?!
Zing!
One day does not a trend make, dear YumYum. This won't have any effect on foreigners still buying gold and the dollar being further diluted by printing. It's a one day bump on the last day of the week to raise the USD over the weekend and profit taking on paper gold positions. BFD.
I find the funniest part of today's action is that a genuine green shoot sends the markets into a genuine frenzy. Is this an admission that all of the other "green shoots" were indeed fake?
Eh! Yua talkin' ta me? huh? Yua talkin' ta me? Gold hit a bottom bing, a bottom boom!
HA!HA!HA!HA!HA!HA!HA!HA!
ctiger2
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Seriously dude, you look like a fool. When you created this thread Gold closed at $1055. It's now at $1129. Even with the correction it's up $74. You can beat your chest when it closes below $1000. Good Luck.
That's what they say about Ron Paul and Peter Schiff. I won't beat my chest when gold plummets; I'll be too busy making money.
People need to read this thread all the way through.
Che
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let's just wait few more months.. we'll see what the price of gold will be.
Let's make the exact same post every few months, such that gold's "plunge" is always a few months away.
Yes, I agree. We should have this post every few months.
Carson
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Show me where dollar has ever strengthened.
It may have regained some strength after being sucked dry by the vampires printing fiat money during times of war. Now they seem to be at war with the whole world.
It would be nice to have a stable currency we could bank on and save for our future.
I think more people are going to have to figure out just how they are being taken.
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