American Buillion - Investing in Gold

Search

Oh boy!
Joined
Mar 21, 2004
Messages
38,363
Tokens
Here's my favorite chart and why I bought shares of DGP around the 1st week of September:

"Gold (CMX): (High: Jan//Low: Jul or Sep) Demand is usually weakest in Northern Hemisphere summer, especially August when European jewelry manufacturers are essentially shut down. Demand is greatest going into fourth quarter, during which consumption is highest as gift-giving peaks beginning with Indian harvest and wedding festivals in autumn and carrying through US religious holidays and Chinese new year."

GC.GIF


The blue line is the 26 year average and the red line is the 15 year average. The months at the bottom are the actual months of the price while the months at the top are futures months occuring during the actual month.

I may be looking to short gold around the 1st of February but only for a few weeks.
 

Member
Joined
Sep 21, 2004
Messages
4,245
Tokens
i went to see 2012 last night and that movie might not be real but the similarities closely resemble whats going on with the USD (timetable progression) watch this if you are unaware of whats going on so you can prepare for whats happening and will continue to happen...fast and faster and faster...its 30 minutes and worth it...it gets better as it goes along...

<object width="560" height="340"><param name="movie" value="http://www.youtube.com/v/eZA0qNsf4m0&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/eZA0qNsf4m0&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="560" height="340"></embed></object>
 

Forum statistics

Threads
1,109,676
Messages
13,461,713
Members
99,486
Latest member
Ezwindows
The RX is the sports betting industry's leading information portal for bonuses, picks, and sportsbook reviews. Find the best deals offered by a sportsbook in your state and browse our free picks section.FacebookTwitterInstagramContact Usforum@therx.com