Post by
ALLEN4 on Jun 20, 2013 6:00am
gold now below $1300.00
Might see some further decline in VTR sp today; could be a good day to pick up some shares. I am amazed by the reaction by overall markets and gold markets to a few comments by the fed. I don't buy the economy improving and I don't buy the suggestion that they have any ability to begin any real "tapering". If they did start tapering in a serious way, that would be a wallop that would ultimately be good for gold. If you are bullish on POG long term, these are good days to be out in front and taking a shot at the open net that the shorters have created for us.
Comment by
Mick16 on Jun 20, 2013 8:53am
I believe that the only way this is going to end for the sector and the commodity is for the whole QE thing to be over and done with, then there's no more bad news to keep the price down, inflation will do it's thing naturally and gold will come back strong.
Comment by
gold_diggers1 on Jun 20, 2013 8:58am
The way this is going...... my 100K at $.10 will be filled.... why should I pick up shares today? .... as I thought my 50K at $.205 was a good buy..... LOL.... . GLTA
Comment by
Goldflow on Jun 20, 2013 11:58am
My guess? Is nothing. Not that it's worth nothing, but that nobody will buy it in these market conditions.
Comment by
victoroza on Jun 21, 2013 9:35am
And what's the difference if you bought 50K or 100K VTR shares. You seem to be overusing that information to give yourself more crediibility. That's great that you've bought 50K shares, but please let's stop mentioning that in every post.
Comment by
victoroza on Jun 21, 2013 10:14am
ALLEN4, I agree with you it is interesting. However, mentioning it in every post is old news.