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Gold Price

Discussions regarding the world financial crises
ICRCC
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Re: Gold Price

Postby ICRCC » Sat Sep 22, 2012 3:55 pm

One thing I was contemplating was if other nations who now possess dollars would, over a period of time slowly buy up gold. Once the dollar is devalued or collapses they would be in great shape. Basically what we are doing but on a national scale.
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ICRCC
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Re: Gold Price

Postby ICRCC » Fri Oct 05, 2012 5:21 am

On the rise again. Now sitting at just over $1,790 USD per Oz.
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ICRCC
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Re: Gold Price

Postby ICRCC » Mon Oct 15, 2012 4:45 am

The price of gold remains turbulent. It has just taken a tumble to $1743.
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Grillge
Posts: 36
Joined: Tue Sep 25, 2012 8:37 am
Location: South Australia

Re: Gold Price

Postby Grillge » Thu Nov 01, 2012 12:10 am

Feb 2013 gold.JPG
Feb 2013 gold.JPG (59.11 KiB) Viewed 1676 times
ICRCC wrote:The price of gold remains turbulent. It has just taken a tumble to $1743.
Last edited by Grillge on Fri Feb 15, 2013 7:07 am, edited 1 time in total.
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Grillge
Posts: 36
Joined: Tue Sep 25, 2012 8:37 am
Location: South Australia

Re: Gold Price

Postby Grillge » Thu Nov 01, 2012 12:15 am

Feb 2013 silver.JPG
Feb 2013 silver.JPG (55.68 KiB) Viewed 1676 times
Grillge wrote:
ICRCC wrote:The price of gold remains turbulent. It has just taken a tumble to $1743.
Last edited by Grillge on Fri Feb 15, 2013 7:08 am, edited 1 time in total.
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ICRCC
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Re: Gold Price

Postby ICRCC » Thu Nov 01, 2012 12:23 am

Thanks Grillge, I like charts.
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carbon04
Posts: 617
Joined: Sun Jan 22, 2012 11:48 pm
Location: In the bathroom, having a poo.

Re: Gold Price

Postby carbon04 » Fri Feb 15, 2013 5:01 am

Your welcome...

Image
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"I think that I am very reasonable therefore ......." ICRCC

ICRCC
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Re: Gold Price

Postby ICRCC » Fri Feb 15, 2013 6:14 am

:)
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ICRCC
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Re: Gold Price

Postby ICRCC » Thu Feb 21, 2013 6:25 am

Gold bottomed out today at $1,557 per oz. Time to buy!
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GreenEnergy
Posts: 15
Joined: Wed Jun 05, 2013 5:01 am

Re: Gold Price

Postby GreenEnergy » Wed Jun 05, 2013 6:18 am

So given that gold and silver prices for what is sold and bought in Canada is measured against the American dollar prices, what good is gold and silver when the American dollar starts to devalue? Funny how I can never get the people at the bullion sellers to talk about that. I think a lot of folks have their head in the sand on that one flaw in buying gold and silver.

Plus these days the ETF prices will only continue to fall with the fake safe haven that represents, and force the price of physical down to dramatic levels. Good luck buying physical stuff these days. The mark up on spot is making precious metals look like a suckers bet.
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