Author Topic: Why Gold will be flat or GO UP!!!!!  (Read 806 times)

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Offline PandaCollector

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Why Gold will be flat or GO UP!!!!!
« on: June 20, 2019, 03:45:40 AM »
I think it's about time for a different discussion theme.

Best wishes,
Peter Anthony
NGC Consultant
China Pricepedia — Chinese Coin Prices and More
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com


Offline Clark Smith

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Re: Why Gold will be flat or GO UP!!!!!
« Reply #2 on: June 24, 2019, 10:06:31 PM »
Getting close to a sell level.

Offline pandamonium

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Re: Why Gold will be flat or GO UP!!!!!
« Reply #3 on: June 25, 2019, 06:59:10 AM »
Investment Research Dynamics  "Gold is going higher but brace yourself for volatility"..... says the banks are getting ready to knock prices down again.     If so, not for long as some articles say July will see a big upswing in price...   lets see how it plays out...

Offline PandaCollector

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Re: Why Gold will be flat or GO UP!!!!!
« Reply #4 on: August 15, 2019, 12:13:00 AM »
In a bear market surprises are almost always to the downside. In a bull market the surprises usually lead to higher prices. Most people still fear gold. Watch which way the wind is blowing and act accordingly.

Best wishes,
Peter Anthony
NGC Consultant
China Pricepedia — Chinese Coin Prices and More
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com

Offline PandaCollector

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Re: Why Gold will be flat or GO UP!!!!!
« Reply #5 on: August 24, 2019, 09:15:42 PM »
Repeat: In a bear market surprises are almost always to the downside. In a bull market the surprises almost always lead to higher prices. "You don't need a weather man
To know which way the wind blows."

Best wishes,
Peter Anthony
NGC Consultant
China Pricepedia — Chinese Coin Prices and More
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com

Offline bonke

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Re: Why Gold will be flat or GO UP!!!!!
« Reply #6 on: August 25, 2019, 09:21:48 AM »
Interesting topic! 

At times, people ask me whether gold will be going up or down in the future.  My response is always the same.  "Who knows?  I have no idea." 

If I knew whether gold, silver or particular stocks were going up or down, I could easily find financial success.

An example.  At the coin show in St. Charles, I sold many $20 and $10 gold coins in PCGS 61 holders.  In this market, common date $20 & $10 gold coins price close to spot.  If I had known that gold would rise so quickly, I would have delayed my sale.  I did not know.  I sold.  The dealers who purchased the coins were either much smarter or lucky and made money on the change in the price of gold.  I felt fortunate to own something which was easy to liquidate for an ascertainable price. 

Mark Bonke 

Offline KeyDate1/2ozPandas

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Re: Why Gold will be flat or GO UP!!!!!
« Reply #7 on: August 25, 2019, 11:51:46 PM »
I am a believer that gold is going to test 2011 highs as early as this year but most likely 2020.  Whether it breaks 2000 I don't know, but when it does and stays above $2000 on a weekly close I will be adding to my collection.  The way markets work is when new highs are made transaction volume spikes which gives everyone the opportunity to buy or sell, while now the market is range-bound ($1480-$1550) so everyone is waiting to jump in or jump out, once the band is broken.   I am expecting more transactions once we break $1600.   

Online KeepOnTrying!

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Re: Why Gold will be flat or GO UP!!!!!
« Reply #8 on: August 28, 2019, 12:18:09 AM »
Why not buy now? Why not buy yesterday?
If and when the market hits 2000 there will be a burst of ecstasy and cacophony.
Then an inevitable pullback.
Such that if you bought a long time (like now or yesterday) prior to the pop you would have a better chance of keeping your shirt.
I bought at 300 and I still look at those Krugs with love and regret; I should have bought more.
Nothing is for sure.
But it’s all part of the thrill.
Hiya!
KeepOnTrying and Never Give Up!
That lion is also after you!

Offline KeyDate1/2ozPandas

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Re: Why Gold will be flat or GO UP!!!!!
« Reply #9 on: August 28, 2019, 12:54:00 AM »
I am already heavily invested in coins and gold stocks.  Gold stocks are liquid and are levered to the gold price.  Coins are levered to the Chinese economy and partially to the gold price, but tend to be illiquid except at ANA and Long Beach.  I am and have been more bullish on gold than the Chinese economy, so weighting is tilted towards stocks.  When gold broke $1400 sold some stocks and bought Chinese coins, plan to do more of the same at $1600 and $2000.  In the long term coins will outperform gold, but in the short term gold may outperform coins.   The best advice is to create a diversified portfolio of investments and not worry too much about them until certain levels are reached.  Gold can bounce around all it wants, I am not going to do much until certain levels on the downside or upside are reached.

Offline PandaCollector

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Re: Why Gold will be flat or GO UP!!!!!
« Reply #10 on: August 31, 2019, 09:53:54 PM »
As we watch the disturbing news from Hong Kong, don't lose sight of another return to China; that of Taiwan. Got gold?

Best wishes,
Peter Anthony
NGC Consultant
China Pricepedia — Chinese Coin Prices and More
The Gold & Silver Panda Coin Buyer’s Guide 3
www.pandacollector.com


Offline pandamonium

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Re: Why Gold will be flat or GO UP!!!!!
« Reply #11 on: September 01, 2019, 08:36:43 AM »
South China Morning Post   "China's dream of making the Yuan a global currency hit by Hong Kong protests,......"