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Korea PenisuLa war... may start 26 April 2017
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vivacious
Supreme |
12-Feb-2016 08:42
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Profit taking on gold now |
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ozone2002
Supreme |
12-Feb-2016 00:09
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Last:116.45      Vol:82k        +3.03
surging on fears of global stock market crash, panic investors moving to safe haven the knight in shiny armour - GOLD Gd luck DYODD 
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reliever
Senior |
11-Feb-2016 23:34
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Gold surged nearly 4 percent on Thursday to its highest in a year as fears about financial instability, a lower dollar and U.S. Treasury yields persuaded investors to seek refuge in the precious metal.  Traders said financial instability fears were fueled by European bank shares slumping to multi-year lows, with concerns mounting over banks' profitability in a low-growth and low-interest rate environment.  Spot gold  jumped as much as 3.6 percent to $1,240.90 an ounce, its highest since February 2015, and was up 3.4 percent at $1,237.76. It is on track for its biggest daily rise since Dec. 1, 2014.  U.S. gold for  April delivery  was up 3.3 percent at $1,234.40 an ounce. " We have a good explanation for gold' s rally it is to do with worries about the U.S. economy and the rest of the world," Macquarie analyst Matthew Turner said. |
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topster
Member |
10-Feb-2016 11:16
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Gold turned higher on Tuesday but hovered beneath the previous session' s 7-1/2-month high of $1,200 an ounce, buoyed by risk aversion as equities remained volatile and the dollar extended losses. Fears the global economy could tip into recession and worries about banks battered share markets for the third straight day, helping gold gain more than 7 percent since the start of last week as investors sought a safe haven. The U.S. dollar tumbled to a nearly four-month low against a basket of major currencies, further supporting bullion prices. Analysts said the metal looked overbought and fell short of testing key psychological resistance at $1,200 an ounce, attracting profit-taking earlier in the session. " We need a stabilisation in stock markets and as long as that does not happen risk aversion will remain elevated and very supportive (for gold)," said Commerzbank analyst Carsten Fritsch. Spot gold  was trading at $1,188.55 an ounce, up 0.01 percent, after rising to $1,200.60 on Monday, its strongest since June 22 last year. |
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ozone2002
Supreme |
06-Feb-2016 12:18
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  Last:110.44      Vol:38k        +0.91
gold will shine again, with the worlds economy experiencing QE withdrawals and the US being the biggest debtor nation in the world, investors will soon realize the demise of the US$. Gold is a safe haven that cannot be printed in vast amounts but in limited quantities. gd luck DYODD  |
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huatster
Senior |
16-Jan-2016 08:17
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It&rsquo s been a scary start to 2016 for global markets, and investors are responding by buying more gold than anytime in the past year. In the past five days, investors bought 26.8 metric tons of bullion through exchange-traded products backed by the metal, the most since January 2015, according to data compiled by Bloomberg. Gold is one of the few commodities doing well, with prices up 1.3 percent so far this year. Interest in the precious metal is being driven by demand for a safe haven after losses spread across Chinese and U.S. equity markets and oil dipped below $30 a barrel. Also helping the case for gold: China  boosted  reserves for the sixth straight month in December amid price declines through the end of last year, according to the People&rsquo s Bank of China. |
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nyde1d1th
Veteran |
18-Nov-2015 00:34
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gold below 800 is confirm can buy |
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haruta
Elite |
18-Nov-2015 00:18
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Recent lows broken. Next target usd1,000. Slow decline. | ||||
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Bigmama
Elite |
07-Nov-2015 20:17
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Will not reach 800. Me dog don't even think it can break 1000
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haruta
Elite |
06-Nov-2015 22:14
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Below usd1000 soon.. its coming.. can wait for $800.
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risktaker
Supreme |
29-Sep-2015 21:25
Yells: "Posts are opinions. Do not take it as investment advise " |
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gold is a currency believe it or not.... it has value by itself.... and u wont have any counter party risk....no matter where u r gold is accepted....
USD is a trust which is slowly declining... bet sooner or later the world will wake up... hehe
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deepishikha
Member |
29-Sep-2015 17:37
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Gold price is determined low in these last days of the month as compared to starting week of this month. It is seen 1125 per ounce in 1st week while now the latest price rate is 1131 per ounce depends on the USD. |
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fernvale
Master |
25-Sep-2015 14:12
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If working on the theory gold n usd r inversrly related, can i say to see gold at 900, maybe usd shld be 1.70sgd? In that case, maybe can hoot on usd now
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haruta
Elite |
25-Sep-2015 13:48
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Im still waiting patiently for below usd1,000. Else no tok.
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Bigmama
Elite |
25-Sep-2015 12:15
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But I think it is difficult to go past 1170 too. I guess it is going to drift down soon again
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fernvale
Master |
25-Sep-2015 11:09
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Honestly i cant see it going under 1000
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Bigmama
Elite |
25-Sep-2015 10:46
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The big question is .....has gold seen its final low in this bear market?
I hope yes but I am only 50% sure. Vested. |
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reliever
Senior |
24-Sep-2015 22:10
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Positive outcome for gold. Trending upwards silently like gold |
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huatster
Senior |
21-Sep-2015 20:59
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  Another 10% upside in the short term?   |
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tipper
Senior |
18-Sep-2015 23:54
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  Gold is now attracting interest. Lets see it go up and up
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