As Rhstone has posted
"All the kingworldnews kooks have been predicting amazing stunning shocking price rises, $5000 $10000 $15000 blah blah blah non stop for years!@"
And the same on HC, we've had posters predicting big rises in the POG since April, and it hasn't been happening! It is easy to find charts that support either case. Some advisers tout charts like the one below to show that the POG is indeed in a downtrend with more to follow!
Is there any point in making predictions about the POG? It is out of our hands, we have just got to "cop it on the chin" and put up with it, until the market decides that it is time for a sustained long term price rise. Could be 1 month away, 6 months away or 3 years away!
Go ABU!
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 81872432 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 448437 | 1 |
0.003 | 21320689 | 21 |
0.004 | 6180859 | 8 |
0.005 | 889000 | 1 |
0.006 | 166666 | 1 |
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