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I noticed a little earlier gold was down $11 when I went to kitco just now it is up $8

Pennysaved wrote:I noticed a little earlier gold was down $11 when I went to kitco just now it is up $8

yep welcome to the turbulance before shanghi hits the airwaves

Dipped this morning, but it's recovering right now. I am not too worried about the day-to-day price. By the end of the year I expect gold and silver to both be UP!

Perhaps the uber-enthusiam that a budget agreement might be reached has gone up in smoke.... Pooof !!!

UP WE GO !!!

Country wrote:Perhaps the uber-enthusiam that a budget agreement might be reached has gone up in smoke.... Pooof !!!

UP WE GO !!!

also, unless i'm very wrong, as i said earlier, i have a feeling, that large entities, who shall remain nameless, which were ardent short sellers, have been converted, and recognize the opportunities to press the market skyward, as well as starting to take delivery of vast amounts of silver.

they recognized the game of smoking out weak longs is OVER, and the new play is to the upside. they might greedy and corrupt, but they're not stupid.

plus, the market in China opens in a few days, then watch the fireworks begin, we could see $70 by Sept.

can you imagine paying 50 times face on 90%'ers?....and thinking thats a good deal?...but it will be.

coz we're gon see a day when 90%'ers trade at 150 times face...think i'm crazy? watch.

rsk1963 wrote: welcome to the turbulance before shanghi hits the airwaves

Somehow I read that as "Shang Hai hits the fan", or something like that.

Depending on perspective, that might well be the case

John Taylor "did" it, cording to the zero hedge boys:

http://www.zerohedge.com/article/gold-s ... 00-october

n.

(later add)...oh my! i hope my realcent bro's watch Taylor, this guy is the real thing, and his prognostication is grim. You can tell he's not a talking haircut, he's the real thing, which reminds me that not EVERY mkt particpant is a goof or shill. gotta watch this lads.