Our website is made possible by displaying online advertisements to our visitors.

Please consider supporting us by disabling your ad blocker.
Sign in to follow this  
Followers 0
WhiteHorse

Gold Rush

12 posts in this topic

I have been watching the price of gold for about a year and a half. I have watched the price fluctuate between 1210.00 to 1170.00 give or take a dollar or two. This rise and fall has occurred weekly, rhythmic like. For the last few weeks the price has receded below the 1150.00mark and has been in a slow decline ever since. It seemed like it happened right after the Greeks missed their  first deadline and the world markets plunged. The strange part of the receding price is when the stock prices fall gold shares usually rise. Could this have anything to do with the rumors of gold backed currency? The gold backed yuan. This little indicator might mark a big change. 

Share this post


Link to post
Share on other sites

All markets are rigged so the spot price of gold and silver doesn't reflect it's real value.

Share this post


Link to post
Share on other sites

All markets are rigged so the spot price of gold and silver doesn't reflect it's real value.

it's not the spot price that caught my eye but the cessation of the fluctuation . 

Share this post


Link to post
Share on other sites

I have been watching the price of gold for about a year and a half. I have watched the price fluctuate between 1210.00 to 1170.00 give or take a dollar or two. This rise and fall has occurred weekly, rhythmic like. For the last few weeks the price has receded below the 1150.00mark and has been in a slow decline ever since. It seemed like it happened right after the Greeks missed their  first deadline and the world markets plunged. The strange part of the receding price is when the stock prices fall gold shares usually rise. Could this have anything to do with the rumors of gold backed currency? The gold backed yuan. This little indicator might mark a big change. 

I was blessed with the ability to see patterns and the fluctuations in them. When we look for the truth or read into situations the smallest of deviation might indicate the biggest of change. That small deviation in the gold market lead me believe we would see a big change. What small deviations  are we seeing in other aspects of our surroundings that might indicate big changes to come.

Share this post


Link to post
Share on other sites

http://www.kitco.com/market/

 

Kitco Gold Index - KGX 
 

New York Spot Price

  
   MARKET IS OPEN
(Will close in 7 hrs. 3 mins.)
  Set Alerts
   MetalsDateTime
(EST)
BidAskChangeLowHigh
   

 GOLD

08/24/201510:121161.701162.70

+1.30

+0.11%

1151.801171.10
   

 SILVER

08/24/201510:1214.9115.01

-0.45

-2.90%

14.5215.32
   

 PLATINUM

08/24/201510:11995.001000.00

-23.00

-2.26%

972.001022.00
   

 PALLADIUM

08/24/201510:12568.00573.00

-34.00

-5.65%

560.00600.00
 
   RHODIUM08/24/201509:06800.00900.00-55.00-6.88%

 

Share this post


Link to post
Share on other sites

 

I noticed right before the crash gold started heading positive again

http://www.kitco.com/market/

 

Kitco Gold Index - KGX 
 

New York Spot Price

  
   MARKET IS OPEN
(Will close in 7 hrs. 3 mins.)
  Set Alerts
   MetalsDateTime
(EST)
BidAskChangeLowHigh
   

 GOLD

08/24/201510:121161.701162.70

+1.30

+0.11%

1151.801171.10
   

 SILVER

08/24/201510:1214.9115.01

-0.45

-2.90%

14.5215.32
   

 PLATINUM

08/24/201510:11995.001000.00

-23.00

-2.26%

972.001022.00
   

 PALLADIUM

08/24/201510:12568.00573.00

-34.00

-5.65%

560.00600.00
 
   RHODIUM

08/24/2015

 

 

 

09:06800.00900.00-55.00-6.88%

 

 

 

 

Share this post


Link to post
Share on other sites

Gold is back up to the bottom price price we seen just before the crash had its ripple effect. 1170.00 per ounce. It rose rather quickly in the last few weeks.... Could it be another indicator for the Stock Market Casino Inc.

Share this post


Link to post
Share on other sites

Gold is back up to the bottom price price we seen just before the crash had its ripple effect. 1170.00 per ounce. It rose rather quickly in the last few weeks.... Could it be another indicator for the Stock Market Casino Inc.

Nobody knows. I pop over to SilverDoctors now and then, but it's the same old roller coaster ride there. And the one writer, Marshall Swing, posted on his Facebook that he honestly believes he's Moses. So I go to Zerohedge and they're posting somewhat more useful and serious material, but no better at predicting things. 

Share this post


Link to post
Share on other sites

Nobody knows. I pop over to SilverDoctors now and then, but it's the same old roller coaster ride there. And the one writer, Marshall Swing, posted on his Facebook that he honestly believes he's Moses. So I go to Zerohedge and they're posting somewhat more useful and serious material, but no better at predicting things. 

the yuan is now an official paper product for the world market, legal tender for all debts public and private And it's backed by gold. As soon as it was announced that the yuan was accepted the gold price started rising. 

Share this post


Link to post
Share on other sites

the yuan is now an official paper product for the world market, legal tender for all debts public and private And it's backed by gold. As soon as it was announced that the yuan was accepted the gold price started rising. 

Yes, but the question is whether this will "stick". China's having issues of its own.

Share this post


Link to post
Share on other sites

Yes, but the question is whether this will "stick". China's having issues of its own.

that's why I posted, last time China announced,  gold prices fell and the stock market tanked. Now that gold price levels are back where they were  and the yuan is a fact not rumor could be repeat

Share this post


Link to post
Share on other sites
Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   You have pasted content with formatting.   Restore formatting

×   Your link has been automatically embedded.   Display as a link instead

Sign in to follow this  
Followers 0

Our website is made possible by displaying online advertisements to our visitors.

Please consider supporting us by disabling your ad blocker.