When is the Gold Crash Going to Happen Approximately?

[jankren]

I just sold my gold recently and I made some profit out of it. Now Im waiting for the gold market to crash so I can start buying again. The gold bull run has persisted for a staggering period of 11 years. Im just wondering how much longer I can expect to wait?

Also what should I do with my money in the meantime? Is there any other valuable commodity whose price is at a low level at the moment and expected to rise in the near future?

[Exarch]

how much profit did u make if u dont me asking?

besides, gold will crash in price when all the jews give up their jew gold:

[jankren]

how much profit did u make if u dont me asking?

15% profit. Not bad considering how late I got into the gold frenzy.

[I WUB PUGS]

Umm, when the US dollar becomes a reliable safe haven for rich people. So when the US can begin to at least pay it's interest payments along with the rest of the budget. Also the Euro will either have to have crashed and gone away and the fallout subsided, or the Euro must become stable again.

So, gold is not coming down any time soon. There is no way to tell you when a retrace will happen, at least I can't since I don't do PMs (except physical silver) and futures.

If you want to play on a retraction, then I suggest studying the technicals of gold and making a plan for it based on what you can gather, but you never really know.

Many many many people think gold could hit 5k an ounce by the time this whole economic mess gets settled..................... but silver will still be a better investment.

[Menelik_I]

My guess would be that Gold will permanently settle for a high price because of the QE2,3 and EU bailout en cours and the inflation to be brought by it.

but I WUB PUGS makes more money than me ... better listen to him.

[Condottiere 40K]

If we actually knew, we wouldn't tell you.

But it's when the big players liquidate their position when they spot a very intriguing range of possibilities, followed by their drinking cronies, and then followed by the herd who don't want to be left holding the bag; then rebounds when some people belief they see a bargain. At this point, commentators will either talk it up or down.

[jankren]

After doing a little research into commodity investment, I notice that nickel is at a very low price level. How exactly one go about purchasing nickel?

[justicar5]

After doing a little research into commodity investment, I notice that nickel is at a very low price level. How exactly one go about purchasing nickel?

http://www.commodityonline.com/commo...als/nickel.php

this may help.

[jankren]

http://www.commodityonline.com/commo...als/nickel.php

this may help.

It doesnt explain how to purchase nickel and stuff.

[justicar5]

It doesnt explain how to purchase nickel and stuff.

http://www.advent-rm.com/catalogue/i...enumber=NI5356


for actual bars of the stuff.


http://www.ehow.com/how_12002165_buy-nickel.html

[Col. Tartleton]

I'd say at least 4-8 years. That's how long it will take for people to return to confidence in the financial system.

[Exarch]

highly unlikely we'll be seeing a dramatic crash on the gold price; both Chinese and Indians are prolific gold buyers

[Col. Tartleton]

Well I don't think it will crash, but it should decline eventually assuming the dollar ever gets its teeth back.

[Exarch]

Well I don't think it will crash, but it should decline eventually assuming the dollar ever gets its teeth back.

well the only way i can see that happening is if say a mine of Unobtainium were to be discovered in Kansas which was absolutely critical to nuclear fusion power and there was no other source of it around the globe (yet discovered), and proceeds from the sale of said Unobtainium went into paying off the debt and generating employment such that the US economy went back into boomtown.

then, i could see gold dropping in value dramatically

[Modestus]

I just sold my gold recently and I made some profit out of it. Now Im waiting for the gold market to crash so I can start buying again. The gold bull run has persisted for a staggering period of 11 years. Im just wondering how much longer I can expect to wait?

Also what should I do with my money in the meantime? Is there any other valuable commodity whose price is at a low level at the moment and expected to rise in the near future?

How did you buy that gold?

Did you physically have it , was it stored for you (cost) or was it in Certs?

[Condottiere 40K]

I doubt that the price of gold will fall drastically in the short term, people are still too nervous about the world economy; unlike the movie favourite diamonds, while gold is more bulky, a kilo is like a fifty thousand dollar untraceable banker's draft, which doesn't have to be checked if the DNA has blood on it.

[Thorn777]

When Jankren just got all his money on gold

[Exarch]

i guarantee you the price of gold will drop-not dramatically-but it will fall when the euro currency crisis is resolved

[Portuguese Rebel]

Gold crash? I can only see that happen in the next 10 years if a new gold reserve was stumbled upon. And i'm talking about a major reserve, sufficient to flood the market.

[justicar5]

Gold crash? I can only see that happen in the next 10 years if a new gold reserve was stumbled upon. And i'm talking about a major reserve, sufficient to flood the market.

Gold is riding way high at the moment, the value is insane compared to 3-4 years ago, so a crash isn't out of the question. (Gold is a reserve item, people get into it to 'store' money as a safe harbour during recessions.)

http://www.infomine.com/chartsanddat...=127681&dr=10y