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Gold - buy or sell
forex_trader_143193
Anggota Sejak Aug 06, 2013
13 pos
Jan 17, 2014 at 20:54
Anggota Sejak Aug 06, 2013
13 pos
I trade the weekly time-frame so here's my long-term view on gold. I'm long gold from 1,200 and gonna hold it for the next 5 years. A 50% (around 950) correction is very common in gold. So if you can hold it for the next 3 or 5 years it won't disappoint you. Remember it's still a safe heaven. I suggest to buy it from a cheaper price something close to 1k.
Jan 18, 2014 at 12:47
Anggota Sejak Feb 22, 2011
4862 pos
RichardRIch posted:
I trade the weekly time-frame so here's my long-term view on gold. I'm long gold from 1,200 and gonna hold it for the next 5 years. A 50% (around 950) correction is very common in gold. So if you can hold it for the next 3 or 5 years it won't disappoint you. Remember it's still a safe heaven. I suggest to buy it from a cheaper price something close to 1k.
I am glad to see this discussion is alive,
primarily I wanted to gave very short term prediction but it does not matter:)
Mar 03, 2014 at 04:38
(diedit Mar 03, 2014 at 04:39)
Anggota Sejak Feb 25, 2010
6 pos
Nothing here since 20 JAN -- but which year?? 2012, 2013 or 2014.
These threads require proper details of Time + Date + Year to be relevant and valid - yes??
Some vital information for everyone on this Planet.
Mike Maloney has released an outstanding Educational video series: Hidden Secrets of Money.
Go here;
Relevance
As paper currency levels are inflated beyond belief - they will lose purchasing power and soon become worthless.
Hyperinflation will result - just like the German WEIMAR Republic.
Like the thousands and thousands of FIAT currencies created out of thin air since humans began using money, the current crop of FIAT currencies will go the same way.
Gold and silver will soon 'shine' again, despite the central bank cartels braying that 'Gold is just a Barbarous Relic.'
As usual -- do your own research.
These threads require proper details of Time + Date + Year to be relevant and valid - yes??
Some vital information for everyone on this Planet.
Mike Maloney has released an outstanding Educational video series: Hidden Secrets of Money.
Go here;
Relevance
As paper currency levels are inflated beyond belief - they will lose purchasing power and soon become worthless.
Hyperinflation will result - just like the German WEIMAR Republic.
Like the thousands and thousands of FIAT currencies created out of thin air since humans began using money, the current crop of FIAT currencies will go the same way.
Gold and silver will soon 'shine' again, despite the central bank cartels braying that 'Gold is just a Barbarous Relic.'
As usual -- do your own research.
When everybody is thinking the same - somebody is not thinking
Mar 03, 2014 at 11:10
Anggota Sejak Feb 22, 2011
4862 pos
strider posted:
Nothing here since 20 JAN -- but which year?? 2012, 2013 or 2014.
These threads require proper details of Time + Date + Year to be relevant and valid - yes??
Some vital information for everyone on this Planet.
Mike Maloney has released an outstanding Educational video series: Hidden Secrets of Money.
Go here;
Relevance
As paper currency levels are inflated beyond belief - they will lose purchasing power and soon become worthless.
Hyperinflation will result - just like the German WEIMAR Republic.
Like the thousands and thousands of FIAT currencies created out of thin air since humans began using money, the current crop of FIAT currencies will go the same way.
Gold and silver will soon 'shine' again, despite the central bank cartels braying that 'Gold is just a Barbarous Relic.'
As usual -- do your own research.
I did not see the video,
but there is so much doomsayers that at least one is sometimes right :)
Anggota Sejak Jan 14, 2014
386 pos
Mar 03, 2014 at 11:43
Anggota Sejak Jan 14, 2014
386 pos
Here you go: https://www.myfxbook.com/community/experienced-traders/technical-analysis-medium-long-term/720380,1
Happy trading :)
Happy trading :)
Mar 03, 2014 at 13:10
(diedit Mar 03, 2014 at 13:11)
Anggota Sejak Feb 25, 2010
6 pos
Thanks Pro Trader and Forex 21 for the reassurance. I got a little singed by the Gold smashdown in April 2013. Hence my caution. Long-term however, there is no doubt that gold, silver and PMs are heading for the ionosphere. Current example courtesy of The Silver Bear Cafe website -- Ukrainian Hyrvnia Vs Gold;
When everybody is thinking the same - somebody is not thinking
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