Gold at $805 tonight. Of course we're all still bullish, right?

MrEureka

TwoSides2aCoin

Buy on the dips and go long. It's not rocket science.
I am curious how these prices affect the grey sheet, though.

Frankcoins

Gold's not for short term profits, or even long term "profit" It's a way of storing wealth that the government
can't steal with a printing press.


See what's worth more in 25 years...$805 in paper money or an ounce of gold.

ChrisRx

<< <i>i saw it coming a mile away and sold every ounce/scrap/junk silver
i had of both silver and gold, including 25+ lib half eagles.

thank you very much.

i will be preparing to buy back in shortly. i like silver at 13 and gold
at 700-750.

but i will probably start slow with buying 10 ounce silver bars... and
sort of play it by ear. >>



As did I, I sold it all!

RedTiger

<< <i>

<< <i> With such a grand day in the dollar, and beat down on gold, one would have expected a far bigger return on the DOW than 48 points. What's up with that?

roadrunner >>



I agree Brian. I was thinking about that all night. >>



Don't make things more complex than they are. Almost everything is keying off oil. Oil rallied off its lows and stocks lost their mojo, going down almost tick for tick as oil came up. Oil is the lead dog and almost everything is trading off it. I've been writing that for months now, as have others. Also after a 300 point up day on Friday, a lot of folks want to cash in. Recently, these rallies sometimes fade fast, so traders have been trained to take profits quickly.

bfjohnson

Real estate might be looking good pretty soon? I would stick with stocks for the long haul but real estate if I wanted to gamble.