GOLD 0.51% $1,391.7 gold futures

it's going down the toilet, page-133

  1. 84,006 Posts.
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    Morning,

    A couple of things.

    First IMO, I think gold just might be on the turn for a major leg up. It certainly has been a long enough consolidation and there are a few technical pointers to it for what they are worth. But more importantly there are some major fundamental blocks in place plus the current USA and European goings on ---

    IMO this is more than usual.

    Also, try getting delivery of a couple of tons of gold or silver - do you think you can just pay spot plus a little and up the driveway comes the truck?

    Arrh, not quite - if you want the real thing ATM - there is a hell of a premium - and surely, that is the 'real' price.

    To get delivery is almost impossible in bigger quantities - in fact even in small quantities from some places the delivery time projected is alarming.

    I doubt, with conditions like that if the beach ball can be held under much longer.

    Have a great day all

    Pinto
 
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