InvestorsHub Logo
Followers 210
Posts 23995
Boards Moderated 5
Alias Born 10/25/2003

Re: Geaux Fish post# 1428

Friday, 08/05/2011 1:57:42 PM

Friday, August 05, 2011 1:57:42 PM

Post# of 4247
Afternoon Geaux Fish, per your request I marked your post #msg-56370529 from nine months ago pertaining to the movement and price of Gold.

My point being then, and still is, that there are many factors at play effecting the price of Gold. As with any commodity, if you can figure out what factors influence it's pricing, then you can gage and estimate it's responsive movement in combination with the charts. They are all tools for the job of attempting to forecast the future movement.

That being said nothing has changed from my post to you in reference to Gold pricing - #msg-56370529
If anything, it has gotten much worse which will effect Gold "More" to the upside. Gold is being sought as a safe haven and now with even more of a uncertain future, Gold will break 2000 here in the not too distant future.
Now you can mark my post...lol

World economies are collapsing, political upheaval covers the entire planet, it's an uncertain time period fraught with struggles in every sector and corner of the market.
Because of this, Gold will continue to be sought out and accumulated, more so, than any other form of wealth protection.

Mariner*


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.