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Nailer
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« on: March 19, 2008, 07:28:26 AM » |
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I have been watching this morning .WTF Gold dropping down $32.80 now at $971.50 http://money.cnn.com/data/markets/
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I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant. The truth shall set you free, if not a 45ACP round will do the trick.. HEHE
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Nailer
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« Reply #1 on: March 19, 2008, 07:29:51 AM » |
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DAMN now its down $35.80
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I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant. The truth shall set you free, if not a 45ACP round will do the trick.. HEHE
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joebogarde
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« Reply #2 on: March 19, 2008, 07:33:53 AM » |
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A drop in gold can mean a couple of things, one is chicanery. Two is a slight rebound of the dollar. It's still trading about the same level against the Euro as yesterday, so trading vs gold is probably a matter of perception, or chicanery (selling gold cheap to lower it's price).
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A lasting order cannot be established by bayonets. --Ludwig von Mises
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bennyxbo
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« Reply #3 on: March 19, 2008, 08:12:13 AM » |
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I thought when the fed cut rates, the dollar dropped, and gold won out ? Jan 30th, half-point cut - GOLD UP  March 18th, 3 quarter point cut - GOLD WAY DOWN  What's going on?
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Nailer
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« Reply #4 on: March 19, 2008, 08:18:08 AM » |
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gold down $46.30 at $958.10 WTF is happening ?? a massive sell off or price fixing.
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I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant. The truth shall set you free, if not a 45ACP round will do the trick.. HEHE
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Spectre
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« Reply #5 on: March 19, 2008, 08:20:25 AM » |
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Incredible how it happens after New York opens.
Who'd have thought?
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bennyxbo
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« Reply #6 on: March 19, 2008, 08:22:39 AM » |
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I think it has a little to do with dollar strength. The US dollar is up 1-2% to the Canadian dollar
1 US = 0.99690 CAD .. it was .98 approx last week. That would explain some of the 2% drop in gold?...not sure.
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Nailer
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« Reply #7 on: March 19, 2008, 08:24:48 AM » |
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the feds are using the $$$ War to drive the USA into the ground , bring the price way high then crash it so they can come in and save the day to look good.SARCASM
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I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant. The truth shall set you free, if not a 45ACP round will do the trick.. HEHE
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Nailer
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« Reply #8 on: March 19, 2008, 08:25:42 AM » |
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-$50.30 at $954.00
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I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant. The truth shall set you free, if not a 45ACP round will do the trick.. HEHE
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Spectre
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« Reply #9 on: March 19, 2008, 08:26:29 AM » |
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Don't panic. Keep your powder dry.
They were waiting to bomb gold as soon as the official announcement of the rate cut was made.
Normally, when there's an interest rate cut, the dollar would plummet and gold would rise. They're bombing gold as traditionally it is a barometer of the state of the economy. Even people that know nothing about economics instinctively know that a high gold price means that things are not good.
They're trying to show that the economic crisis is over and that gold is no longer needed.
Don't play their game. Use the low gold price to buy more.
You're watching history in the making.
It's SALE time! Bargains galore!
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Nailer
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« Reply #10 on: March 19, 2008, 08:29:15 AM » |
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Just how low will it go is the question? if it gets back to $400 I will buy.
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I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant. The truth shall set you free, if not a 45ACP round will do the trick.. HEHE
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bennyxbo
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« Reply #11 on: March 19, 2008, 08:31:58 AM » |
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Just how low will it go is the question? if it gets back to $400 I will buy.
dont say that, i bought at 900$ 
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the general
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« Reply #12 on: March 19, 2008, 08:35:31 AM » |
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i was going to sell all my gold and retire. now, i don't know...
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Blessed are those who are persecuted for the sake of righteousness -- For theirs is the kingdom of heaven
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Spectre
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« Reply #13 on: March 19, 2008, 08:39:41 AM » |
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I'd say they are very worried if they are bombing it this heavily. Could this be a last ditch attempt to discredit precious metals?
I wouldn't wait too long before buying more. There are some big buyers out there (governments like Russia and China). This could turn around as quickly as it started to fall.
Nobody can call the bottom (without inside information). A year from now you'll realise what a bargain this is.
I'm maxed out on bills at the moment (moving apartment) but if I had any spare cash I'd be buying up the ying-yang.
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thrashbassist
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« Reply #14 on: March 19, 2008, 08:41:38 AM » |
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I only bought gold when it was around $850 and rising, looks like I might have to make another purchase.
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Non Serviam
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CANADIAN-guerilla
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« Reply #15 on: March 19, 2008, 08:47:41 AM » |
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They're trying to show that the economic crisis is over and that gold is no longer needed.
+1
IMO the calm before the storm if/when something does happen ( false flag ? ) it could bring this financial house of cards down in a second
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food shortages and/or near starvation will be the tactic/strategy used by TPTB to get america's guns
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Noel Degrassi
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« Reply #16 on: March 19, 2008, 08:48:09 AM » |
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Back in 1991 I was trading on the futures market and the very day me and my brothre bought into gold the Fed dumped billions into GOLD which drove the price down record levels which led to the brokerage house liquidating our account (about $15,000) in about 10 minutes. A few hours later it not only leveled off but rose ABOVE where we started. Had it not been for the fed we would've made substantial money that day but instead lost everything. So, off of firsthand experience, I'd put the Fed as culprit #1. They're just messing with people buying gold.
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gEEk squad
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« Reply #17 on: March 19, 2008, 08:51:02 AM » |
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Back in 1991 I was trading on the futures market and the very day me and my brothre bought into gold the Fed dumped billions into GOLD which drove the price down record levels which led to the brokerage house liquidating our account (about $15,000) in about 10 minutes. A few hours later it not only leveled off but rose ABOVE where we started. Had it not been for the fed we would've made substantial money that day but instead lost everything. So, off of firsthand experience, I'd put the Fed as culprit #1. They're just messing with people buying gold.
My thoughts exactly. I'm guessing that the central banks are dumping a lot of gold on the market today.
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ghardy
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« Reply #18 on: March 19, 2008, 08:51:38 AM » |
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isn't this is a natural reaction to the dow rallying yesterday? as the market finds equillibrium (goes back down), gold should go back up.
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Nailer
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« Reply #19 on: March 19, 2008, 08:53:15 AM » |
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silver has dropped $1.12 and is now $18.84. 
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I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant. The truth shall set you free, if not a 45ACP round will do the trick.. HEHE
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bennyxbo
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« Reply #20 on: March 19, 2008, 09:32:48 AM » |
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1US IS NOW 1.00016 CAD.. Your dollar has rallied 2%, and now it's above ours.
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Nailer
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« Reply #21 on: March 19, 2008, 10:03:19 AM » |
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Gold down $53.30 Now at $951.00 oz
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I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant. The truth shall set you free, if not a 45ACP round will do the trick.. HEHE
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Nailer
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« Reply #22 on: March 19, 2008, 10:14:28 AM » |
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GOLD DOWN $60.80 now $943.50 what the hell
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I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant. The truth shall set you free, if not a 45ACP round will do the trick.. HEHE
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ghardy
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« Reply #23 on: March 19, 2008, 10:30:12 AM » |
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dont freak...this is only one day. if the trend continues for a few days, then get worried.
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Nailer
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« Reply #24 on: March 19, 2008, 10:33:43 AM » |
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It has just went down $60.10 at 944.00 I am not freaking out as I dont have any but I know members on the site may have some gold . Best to keep informed on such investments.
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I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant. The truth shall set you free, if not a 45ACP round will do the trick.. HEHE
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CFF
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« Reply #25 on: March 19, 2008, 10:37:06 AM » |
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _________ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ./ Its a trap! . . . . . . . . . . . . . . . . _,,,--~~~~~~~~--,_ . . . . ._________/ . . . . . . . . . . . . . . ,- : : : :::: :::: :: : : : : :Ί -, . . /. . . . . . . . . . . . . . . . . . . . . . .,- :: : : :::: :::: :::: :::: : :  : -, . . . . . . . . . . . . . . . . . . . . . ,- :: ::: :: : : :: :::: :::: :: : : : : :O -, . . . . . . . . . . . . . . . . . . .,- : :: :: :: :: :: : : : : : , : : :Ί :::: :::: ::; . . . . . . . . . . . . . . . . .,- / / : :: :: :: :: : : :::: :::-, ;; ;; ;; ;; ;; ;; ; . . . . . . . . . . . . . . . . /,-, :: : : : : : : : : :: :: :: : -, ;; ;; ;; ;; ;; ;;| . . . . . . . . . . . . . . /,,- :: :: :: :: :: :: :: : ::_,-~~,_-, ;; ;; ;; ;; | . . . . . . . . . . . . _/ :, :/ :: :: :: : : :: :: _,-/ : ,-;-~-, ;; ;; ;;, . . . . . . . . . . . ,- / : : : : : : ,- : : :,-- :|| /,----__, ;; ;,- . . . . . . . . . . . :/,, : : : _,- --,,_ : : : ||/ /,--x### :: ;;/ . . . . . . . . . . . . . . / /--- : # : : : : : | | : (O##Ί : :/ /- . . . . . . . . . . . . . . . /,____ : : -# : , : : : : -,___,-,-`-,, . . . . . . . . . . . . . . . ) : : : :--,,--,,,,,,― :: ::--,,_-,,― :- :-, . . . . . . . . . . . . . .) : : : : : : ,, : ~~~~ :: :: :: :― :: ,- :,/ . . . . . . . . . . . . . .,/ /|\| | :/ / : : : : : : : ,-, :: :: :: :: ::,-- :,- . . . . . . . . . . . . .\|\ |/ / / :: :_--,, : , | ); :: :: :: :,- : ,- : : : , . . . . . . . . . . ./― :| | : |/ :: ::----, :/ :|/ :: :: ,- : :,- : : : : : : -,,_ . . . . . . ..| : : :/ -(, :: :: :: ~,,,,, :: ,- : :,- : : : : : : : : :,-\ . . . . . ,- : : : | : : ) : : :―~-,: : ,-- : :,- : : : : : : : : : ,- :―-,_ . ./ : : : : :-, :: | :: :: :: _,,-― : ,-- : : : : : : : : : : : / : : : : : : :-, / : : : : : -, :―― : : _,,-~ : : : : : : : : : : : : : :| : : : : : : : : : : : : : : : :―~~~~~~ : : : : : : : : : : : : : : : : : : | : : : : : : : : :
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hellcatjr
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« Reply #26 on: March 19, 2008, 11:05:47 AM » |
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Incredible how it happens after New York opens.
Who'd have thought?
Exactly, anyone who is oblivious to this is a fool and shouldn't be investing in PMs anyhow.... they are rigging the metals people, hold your ground, HOLD YOUR GROUUUUND AND BUY BUY BUY!!!!!
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'A Man can only become great, when he understands his place in time' - JPM Jr.
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CFF
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« Reply #27 on: March 19, 2008, 11:09:46 AM » |
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I wish I had more liquidity to buy now...
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37
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« Reply #28 on: March 19, 2008, 11:13:44 AM » |
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It's going down because people are selling it. They think $1012 was the ceiling. They probably bought it at $500 and have more than doubled their money. Plus, Alex is explaining it right now. They manipulate the markets. I'm sure the elite are buying it up while it's temporarily down.
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Brocke
Eleutherophiliac & Drapetomaniac
Global Moderator
Member
   
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Posts: 9,403
I am not a number, I am a free man!
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« Reply #29 on: March 19, 2008, 12:38:54 PM » |
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 Don't forget the big picture. It always dips. It will surge again, then dip, then surge.
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 That men do not learn very much from the lessons of history is the most important of all the lessons of history. ~Aldous Huxley
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dystopia
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« Reply #30 on: March 19, 2008, 12:43:52 PM » |
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Funny because over at goldismoney forum people are saying they can't get any silver because people are all out or their websites are crashing from the volume.
I also read that the US mint ran out of silver to make AEs temporarily.
So the price is dropping while people are buying in droves.
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Nailer
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« Reply #31 on: March 19, 2008, 04:38:43 PM » |
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Funny because over at goldismoney forum people are saying they can't get any silver because people are all out or their websites are crashing from the volume.
I also read that the US mint ran out of silver to make AEs temporarily.
So the price is dropping while people are buying in droves.
If the rumors were true about the lack of silver available for purchas then the price would be skyrocketing.
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I am a realist that is slightly conservative yet I have some republican demeanor that can turn democrat when I feel the urge to flip independant. The truth shall set you free, if not a 45ACP round will do the trick.. HEHE
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ottobock
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« Reply #32 on: March 19, 2008, 05:45:35 PM » |
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Here's why this is happening. It has got zero to do wth rate cuts as is reported on CNN. Just more finance BS from the liars to the media. A lot of gold was dumped onto the market today and I wouldnt doubt if it was the gold stolen from the WCT's, stolen just for a time like this. When the market crashes gold WILL go up and Tthey want to drop the price of gold right nw to scare people into selling, so when they do drop the economy to its knees less gold will be in the hands of the people. Don't fall into their trap by selling your gold.
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chirhonius
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« Reply #33 on: March 19, 2008, 07:41:19 PM » |
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Crazy swings in most everything going on right now. But the long term indicators are still very positive for gold. $2000 has been mentioned by many analysts as the next level.
With continuing FED shenanigans we could be there pretty quick (6-12 Mo?)
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epinlasvegas
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« Reply #34 on: March 19, 2008, 08:07:23 PM » |
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I had to try 3 different places to buy gold today. and they were out of the krugerands.either everyone was buying or they did not want to sell this low it was crazy i COULDN'T BUY GOLD!
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Aden
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« Reply #35 on: March 19, 2008, 08:34:48 PM » |
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Heres the 30 year picture. I found it interesting... 
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DCUBED
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« Reply #36 on: March 19, 2008, 09:03:22 PM » |
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Here's why this is happening. It has got zero to do wth rate cuts as is reported on CNN. Just more finance BS from the liars to the media. A lot of gold was dumped onto the market today and I wouldnt doubt if it was the gold stolen from the WCT's, stolen just for a time like this. When the market crashes gold WILL go up and Tthey want to drop the price of gold right nw to scare people into selling, so when they do drop the economy to its knees less gold will be in the hands of the people. Don't fall into their trap by selling your gold.
yeah, there was probably alot of gold stolen from WTC. But if they did dump all that into the market it would barely make a dent in the price. This reeks of market manipulation to me.
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Once you eliminate the impossible, whatever remains, no matter how improbable, must be the truth. - Arthur Conan Doyle
"The individual is handicapped by coming face-to-face with a conspiracy so monstrous he cannot believe it exists." J. Edgar Hoover
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tokeafatj
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« Reply #37 on: March 19, 2008, 09:15:06 PM » |
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Posts: 60
Re: ALERT !!GOLD DROPPING FAST!!!!! « Reply #25 on: Today at 11:37:06 AM » Quote
-------------------------------------------------------------------------------- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . _________ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ./ Its a trap! . . . . . . . . . . . . . . . . _,,,--~~~~~~~~--,_ . . . . ._________/ . . . . . . . . . . . . . . ,- : : : :::: :::: :: : : : : :Ί -, . . /. . . . . . . . . . . . . . . . . . . . . . .,- :: : : :::: :::: :::: :::: : : : -, . . . . . . . . . . . . . . . . . . . . . ,- :: ::: :: : : :: :::: :::: :: : : : : :O -, . . . . . . . . . . . . . . . . . . .,- : :: :: :: :: :: : : : : : , : : :Ί :::: :::: ::; . . . . . . . . . . . . . . . . .,- / / : :: :: :: :: : : :::: :::-, ;; ;; ;; ;; ;; ;; ; . . . . . . . . . . . . . . . . /,-, :: : : : : : : : : :: :: :: : -, ;; ;; ;; ;; ;; ;;| . . . . . . . . . . . . . . /,,- :: :: :: :: :: :: :: : ::_,-~~,_-, ;; ;; ;; ;; | . . . . . . . . . . . . _/ :, :/ :: :: :: : : :: :: _,-/ : ,-;-~-, ;; ;; ;;, . . . . . . . . . . . ,- / : : : : : : ,- : : :,-- :|| /,----__, ;; ;,- . . . . . . . . . . . :/,, : : : _,- --,,_ : : : ||/ /,--x### :: ;;/ . . . . . . . . . . . . . . / /--- : # : : : : : | | : (O##Ί : :/ /- . . . . . . . . . . . . . . . /,____ : : -# : , : : : : -,___,-,-`-,, . . . . . . . . . . . . . . . ) : : : :--,,--,,,,,,― :: ::--,,_-,,― :- :-, . . . . . . . . . . . . . .) : : : : : : ,, : ~~~~ :: :: :: :― :: ,- :,/ . . . . . . . . . . . . . .,/ /|\| | :/ / : : : : : : : ,-, :: :: :: :: ::,-- :,- . . . . . . . . . . . . .\|\ |/ / / :: :_--,, : , | ); :: :: :: :,- : ,- : : : , . . . . . . . . . . ./― :| | : |/ :: ::----, :/ :|/ :: :: ,- : :,- : : : : : : -,,_ . . . . . . ..| : : :/ -(, :: :: :: ~,,,,, :: ,- : :,- : : : : : : : : :,-\ . . . . . ,- : : : | : : ) : : :―~-,: : ,-- : :,- : : : : : : : : : ,- :―-,_ . ./ : : : : :-, :: | :: :: :: _,,-― : ,-- : : : : : : : : : : : / : : : : : : :-, / : : : : : -, :―― : : _,,-~ : : : : : : : : : : : : : :| : : : : : : : : : : : : : : : :―~~~~~~ : : : : : : : : : : : : : : : : : : | : : : : : : : : : the imperial scum is setting a trap. gold to be has high has 1,500 1 troy by aug 1 and that not a trap.The reason its going down is everyone purchased gold.Ive been telling all my friends some listened to me and made out like a bandit.They bought at 426.00 troy ounce!! evil rules the world. And good takes a back seat.But when jesus comes and send's the greys and there leader to hell.remember it says in the bible when your in heaven you will not remember evil.But you will be known.To be lost is a scary feeling in the bottomless pit which is black holes.remember the aliens are the 1/3 of the angels.They make man war with each other buy esquier magazine 1973 issue to see the truth it says on front cover crime sex salvation. buy 1 if you can find 1
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New Whirled Order
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« Reply #38 on: March 19, 2008, 09:36:16 PM » |
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This pullback is necessary to keep the PM bull run healthy for the longer term. I get nervous when the prices are moving straight up without any real periods of consolidation/correction.
This is an excellent buying opportunity that shouldn't be missed! Manipulations in the PM prices are happening every single day, but in the end, natural market forces win out every time. The next upleg will push the price to new highs.
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Brocke
Eleutherophiliac & Drapetomaniac
Global Moderator
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Posts: 9,403
I am not a number, I am a free man!
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« Reply #39 on: March 19, 2008, 09:57:30 PM » |
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 Keep an eye on gas. When gas is going up gold will not keep falling.
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 That men do not learn very much from the lessons of history is the most important of all the lessons of history. ~Aldous Huxley
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