Latest Forum Topics /
GLD USD
Last:244.8
+3.3
|
 Post Reply
|
|
Gold going up this year?
|
|||
|
alexchia01
Elite |
29-Jan-2010 11:28
Yells: "Catch The Stars And Ride With Them" |
||
|
x 0
x 0 Alert Admin |
Gold is the Best. Fundamental is always Good. No need to explain Gold to people. Everybody knows what Gold is. Stocks can drop to zero dollar, Gold will always has value. But now is not the time to buy yet. I'm monitoring closely. Once drop below $102... Buy! |
||
| Useful To Me Not Useful To Me | |||
|
niuyear
Supreme |
29-Jan-2010 11:26
|
||
|
x 0
x 0 Alert Admin |
you saying the opening gold a/c w UOB or buying real gold bar? I am still holding the GLD
|
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
ozone2002
Supreme |
29-Jan-2010 11:16
|
||
|
x 0
x 0 Alert Admin |
nobody interested in gold? sounds good to me.. buy when nobody is buyin.. :) |
||
| Useful To Me Not Useful To Me | |||
|
ozone2002
Supreme |
27-Jan-2010 22:53
|
||
|
x 0
x 0 Alert Admin |
with stock markets falling everyday.. it's time to revisit this safe haven.. will start to accumulate physical gold over the next few days |
||
| Useful To Me Not Useful To Me | |||
|
alexchia01
Elite |
10-Jan-2010 12:58
Yells: "Catch The Stars And Ride With Them" |
||
|
x 0
x 0 Alert Admin |
I love Gold and have been monitoring Gold for a long time. Brought my Gold in mid 2008 when Gold price is below US$750/oz and sold in Dec 2009 when it hit US$1,200. Made a huge profit from Gold. Here are some tips for people who are looking to buy Gold. When Gold price hit a record high, it will always followed with huge dip. Buy on the dips. GLD 10US$ is now hovering around US$110, but I believe it will drop some more. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
ozone2002
Supreme |
10-Jan-2010 08:31
|
||
|
x 0
x 0 Alert Admin |
Billionaire Predictions 2010What will happen in 2010? Will gold stay strong and the dollar remain weak? Will stock markets continue to climb, and which asset classes will outperform? Rather than peering into a crystal ball, we turned to some of the world's richest and most successful businesspeople for their takes on the year ahead. We queried billionaires from around the world on a variety of topics ranging from global warming to the best assets to own in 2010. Ten of the more talkative ones including Dallas Mavericks owner Mark Cuban and Hollywood producer Arnon Milchan answered our 10-question survey. But unlike last year when nearly all of the quizzed billionaires predicted an eventual economic recovery, this year's participants had wildly different ideas about where the global economy is heading and what they consider to be the most alarming trends. Consensus or not, their answers are quite revealing. Billionaire Predictions 2010
Norman Braman Citizenship: U.S. Net worth: $1.2 billion Age: 77 Source of wealth: art, car dealerships What is the most alarming trend facing the economy today? The prospect of inflation in the future. When will the Fed step in to strengthen the U.S. dollar? Not until they're sure that our economy is back where it should be, and the only way they can strengthen the dollar is to take money out of circulation. I'm optimistic, though--we've seen our businesses doing better in the last three months. In what direction will your country's stock market move, and what kind of returns do you anticipate? I think it'll be choppy. In terms of returns, I think they'll be minimal. Gold: buy, hold or sell? Buy. I purchased last spring. When Paulson set up his gold fund I put some substantial money into it. Which emerging world economy is the best bet for investors? The experts keep talking about China and India, but I'll pass on that question. What's the best asset to own in 2010? Gold. Will Twitter be a viable business in 2010? And do you use it? Yes, it will be increasingly so. We use it in our company, but not me personally. Global warming: fact or fiction? How much money should your government invest in emissions cuts? I'm not sold on global warming. I'm not sure that the evidence is overwhelming, frankly, or that this is something that's unique to our times. Who is going to win the World Cup? I haven't the vaguest idea. What will be the biggest surprise of 2010? I'll pass on that one. |
||
| Useful To Me Not Useful To Me | |||
|
ozone2002
Supreme |
02-Jan-2010 08:59
|
||
|
x 0
x 0 Alert Admin |
NEW YORK (Commodity Online): It is the time of the year, when you love to recollect what others said on things you like and dislike. And on commodities, what better voice to listen to than that of Jim Rogers, the global investing guru on commodities. Rogers' views on gold, silver, platinum, palladium, dollar, pound and agricultural commodities were the most resounding during the whole of 2009. Rogers, chairman of Rogers Holdings, and a vocal critic of America and Britain, has been arguing all through 2009 that agricultural commodities are the best investment place to put your money. His argument on agri commodities is that since farmers cannot get loans, they can not get their fertilizer. “No company is opening a new mine, leaving supply problems open to shortages,” he said pointing out that commodities prices will naturally rebound in the next few years. In 1998, Rogers launched the Rogers International Commodity Index, a composite, US dollar-based, total return index, designed to meet the need for consistent investing in a broad based international vehicle. The Index represents the value of a basket of commodities consumed in the global economy, ranging from agricultural to energy to metal products. Rogers also blasted British pound saying: “The charm of United Kingdom is all over and it would be prudent if you sell all their currency (pound sterling) fast.” With his focus on agricultural commodities, Rogers has been saying that he has great hopes on China because China is an agricultural gaint. Rogers, author of such famous books like Hot Commodities and A Bull in China, recently launched an agricultural commodities index focused on food consumption in China. Saying that China is a fascinating place to invest in, Rogers said China is on the rise, like America 100 years ago, and the problems the Asian giant is encountering right now in certain, mainly export-driven, sectors of its economy will not alter the country’s long-term trajectory. According to Rogers, three billion people living in Asia, most of them in India and China, will account for a major portion of the total demand for commodities in the coming years. Rogers, who has been putting money into agricultural commodities in China, also said he is ready to buy gold as and when prices drop. He says silver is a better buy than gold, and Rogers is buying silver also these days. ”Gold is the best investment these days. Gold is great investment because the metal’s prices will go over $2000 per ounce in the next one decade, may be by 2019. I would surely buy gold when prices drop,” Jim Rogers said. Rogers has been speaking at several investment summits from New York to Singapore during 2009—where he is settled these days—arguing that gold prices are going up thanks to the debilitating value of the US dollar. He has consistently argued that US dollar is collapsing, and the death of US dollar has been thanks to the wrong policies by the Federal Reserve all these years. Several bullion analysts have been warning over the last two weeks that gold price is in a bubble as the yellow metal crossed to touch a historic high of $1227 early December. But Jim Rogers feels that gold is not a bubble that will burst and therefore he is not selling the yellow metal he owns even though gold prices have shot up by an incredible $540 per ounce in the last one year. Here is the Jim Rogers take on gold and other commodities in 2009: ”If you want to buy precious metal, I'd rather buy silver or palladium. Both are very depressed. I continue to be more optimistic about agriculture than some other commodities.” ”Well, I own gold and I have for a while. How high can it go? I fully expect it to be over a couple thousand dollars an ounce sometime in the next decade—I didn't say the next month, I didn't say the next year, I said the next decade—because paper money around the world is very suspect. But right now everybody's bullish on it, so I don't like to buy things when that's happening. But I'm not selling under any circumstances.” ”You have central banks, which five years ago were selling gold, now buying. So that's a huge shift in the marketplace. Central banks are like lots of other people—they just follow the crowd. There are probably better commodities to buy than gold, but you can't tell that to central banks because they've got gold on the brain. “ "A huge amount is about not just U.S. deficits, but all deficits. Deficits are going berserk nearly everywhere. Throughout history, printing money has led to weaker currencies and higher prices for real assets. And there are many, many pessimists about the dollar, including me. So many pessimists that I suspect there's a rally coming. I have no idea why there should be, but things do usually rally when you have this many bears at the same time. I've actually accumulated a few more dollars. I mean, it's not a significant position, but I do own more dollars than I did a month ago. And we'll probably also have a gold correction because there's so many bulls on gold." |
||
| Useful To Me Not Useful To Me | |||
|
ozone2002
Supreme |
22-Dec-2009 22:53
|
||
|
x 0
x 0 Alert Admin |
Gld is not below USD 1100... it's time to accumulate if u believe that fiat money is worthless.. Gold is the real store of value.. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
ozone2002
Supreme |
20-Dec-2009 17:37
|
||
|
x 0
x 0 Alert Admin |
indicators are showing signs for an entry into gold.. time to accumulate gold again.. dollar cost averaging.. |
||
| Useful To Me Not Useful To Me | |||
|
ozone2002
Supreme |
13-Dec-2009 15:15
|
||
|
x 0
x 0 Alert Admin |
Straits times has 1 full page on gold.. good to check it out.. i find 1 portion of the article interesting, was the one that they interviewed this muslim lady, who was approached by UOB RM to buy this popular unit trust, however she trusted her instinct and stuck to buyin gold instead. Morale of the story : Don't follow the herd if u wanna make big money. 80/20 rule. :) |
||
| Useful To Me Not Useful To Me | |||
|
ozone2002
Supreme |
08-Dec-2009 23:10
|
||
|
x 0
x 0 Alert Admin |
do dollar cost averaging.. don't buy all at 1 shot.. buy physical gold..don't buy paper gold like ETF cos it's not tangible... it's just like paper money.. worthless cos u can always print it over n over again but not real hard gold! |
||
| Useful To Me Not Useful To Me | |||
|
niuyear
Supreme |
07-Dec-2009 14:51
|
||
|
x 0
x 0 Alert Admin |
Yes sir, i will accumulate . At what price you start to accumulate? will support level drop to below 1000
|
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
ozone2002
Supreme |
06-Dec-2009 10:46
|
||
|
x 0
x 0 Alert Admin |
get ready to accumulate as Gold does it overdue correction.. long term bullish on gold |
||
| Useful To Me Not Useful To Me | |||
|
ozone2002
Supreme |
04-Dec-2009 10:44
|
||
|
x 0
x 0 Alert Admin |
partial.. capitalizing on more upside if any.. but be forewarned that correction is overdue.. |
||
| Useful To Me Not Useful To Me | |||
|
niuyear
Supreme |
04-Dec-2009 10:19
|
||
|
x 0
x 0 Alert Admin |
Hi Ozone, you sold already?
|
||
| Useful To Me Not Useful To Me | |||
|
ozone2002
Supreme |
02-Dec-2009 09:34
|
||
|
x 0
x 0 Alert Admin |
nobody can sell at the highest high.. just like nobody can buy at the lowest low.. just take some profit along the way.. it's always better to profit than to lose $$ be contented..u can never make ENOUGH. |
||
| Useful To Me Not Useful To Me | |||
|
niuyear
Supreme |
02-Dec-2009 09:32
|
||
|
x 0
x 0 Alert Admin |
Decision making time - Is 1200 key support ? Just about thinking of selling, then, you will always see some reports next height of gold will reach 1300 , 1500 etc....... If sell now, will leave not much to profit when it hits high of 1500..
|
||
| Useful To Me Not Useful To Me | |||
|
ozone2002
Supreme |
02-Dec-2009 08:52
|
||
|
x 0
x 0 Alert Admin |
GLD hit 1,200!!!!!!!!!!!!!!! kinda overbought..time to pare down some holdings as it rallies.. correction due .. |
||
| Useful To Me Not Useful To Me | |||
|
baseerahmed
Master |
30-Nov-2009 23:50
|
||
|
x 0
x 0 Alert Admin |
sorry folks ... these are not the latest charts ... sorry for the wrong info .... it had gone past 1180 ...but the chart here says 848 sorry again ... Admin : care to remove this latest postings by me ... thank you |
||
| Useful To Me Not Useful To Me | |||
|
baseerahmed
Master |
30-Nov-2009 23:41
|
||
|
x 0
x 0 Alert Admin |
oops ... didn't notice the date ... surely must have meant 15 nov 2009 .... perhaps this chart is outdated by 15days ..? anyone with the latest charts ... ? |
||
| Useful To Me Not Useful To Me | |||
