Gold is the New Bubble Market

reply to post by Student X


I guess a lot of people are not so into eBay these days. And it does take a bit of work to figure out what a "good deal" is, that's true.

Feel free to U2U me if you want, ATS isn't really supposed to be commercial (even though I seem to see people selling stuff everywhere I look!).

As far as a few thousand, yeah, that's still relatively "small", but, it will allow you to get better deals on eBay (if you know who to deal with), but maybe even go a bit beyond eBay, and still get good value. The thing is, very few people seem to know where to turn, and I will repeat, the last thing you want to do is to put yourself at the mercy of your local coin shop. Unless you know the dealer, in which case, I might still say "Be careful", but you wouldn't be asking if you knew someone like that I guess.

I do have to say though, you are more aware than a lot of people I think. the fact that you recognize not only that you should put something in precious metals, but further, that it might be good to have smaller increments, that's actually way ahead of the average person. So, wherever you're tuning into, I think you're on the right track.

JR

i say gold will hit $1600 oz. Then down it will go to say $125oz. today 1183.45 let see what happens by xmas shall we.

good terms to web search when looking for wher to buy coins: Numismatist (coin and currency specialists), Gold Bullion, Silver Bullion, Platinum Bullion, Silver Eagle, Gold Eagle, Gold Maple, Silver Maple, Silver Austrian Philharmonic, silver quarters, silver dimes, gold spot price, silver spot price....

reply to post by bekod


Saying gold will go down to $125 is as absurd as saying the value of the US Dollar is about to increase by ten-fold.

If your dollar buys you a candy bar now, somehow it will buy 10 in the near future? Not possible.

For those interested in where the value of the Dollar really will be, very soon, have the courage to look up Glen Beck's "hockey stick". It is utterly shocking. Then, try to imagine the dollar again, but as toilet paper this time. A bit closer to what is coming.

And gold? In terms of dollars, it will rise dramatically, thousands, and thousands of dollars per ounce. If you click on the other thread that I mentioned, you can read about the recent decision to suppress the vital release of data concerning gold transactions, that is a strong indicator of what's to come. Central banks are right now, in the process of devaluing their currencies. Which means gold will go up in relative terms.

Get the facts. Then, get some gold, or silver, and hang on to your seats, looks like we're in for a wild ride.

JR

LOL @ all the people claiming gold can't be in a bubble.

hmmmm...seems I've heard this before...like with the .com boom, housing, and the stock market.


What goes up.....????

reply to post by OutKast Searcher


Oh dear.

My advice is to turn off CNBC and ignore whatever drivel Cramer, Kudlow, Bernanke and other special guests who specialize in spin are ramming into your grey matter. Then do a little bit of research.

Gold could quite possibly get to a bubble stage, true...but it is simply not anywhere even remotely close. We now have QE2 bearing down...it is paper money which is in a bubble. Gold is just doing what it always does - remain the yardstick of true value and money.

But, your dollars and other dollar-denominated assets are leaching value with every passing day.

It's good to not put your faith in one thing entirely, but I would just implore you to do a little reading first before you start LOLing at people who are only saving their own, and their families', arses.

And they've been dead-on correct over the past ten years or less depending on when they woke up.

Right on Cloudbreak,
Gold is nowhere near being in a Bubble,
Just more speculative posting from people who just do not understand where we are and where we are going with gold in the next couple of years.

I think we have just passed a buying opportunity in the last couple of days at 1160 ish and I think we will see a 10% increase on that before the year is out.
Just my opinion, I could be wrong, but I'm betting on being right.

PEACE,
RK