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Gold up ,1800$ possible?

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posted on Aug, 9 2011 @ 12:28 AM
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yes could Gold go up too 1800$ an Oz by the end of this week. $1760 as it is now and no sign of decline.
Could this be a reuse to get you into gold then yank the carpet out from under you.
Seems that gold is the only thing going up, nothing else is. Stocks, oil, and housing are all down and falling fast.
Gold on the other hand is up up up.
Can it go up much longer? what do you say up or down? do you think this is the start of a new gold rush? will only the rich be able to buy, or will it come down where the working man can get in on it as well. here is the link for live look at the gold /silver market www.kitco.com...
edit on 9-8-2011 by bekod because: added link




posted on Aug, 9 2011 @ 12:30 AM
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What does that have to do with the Federal Reserve? I don't have gold, I have debt and a bad attitude toward my government for being dumb and greedy!
edit on 9-8-2011 by SurvivalInstinct because: (no reason given)



posted on Aug, 9 2011 @ 12:34 AM
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I'd say it's definitely possible, looking at the 10 year Gold prices $300 in 2001 to $1760 now, wtf is all I can say.



posted on Aug, 9 2011 @ 12:40 AM
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I think gold will top out around $2,200 sometime in October. you know I was looking at some scrap gold at a gov auction the bids started at 200K upward to 980K , then someone today put a bid in for 2M. Fun to watch but there is no way I could afford even 200K.



posted on Aug, 9 2011 @ 12:42 AM
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18 years old, and 5 ounces of gold along with 14 of silver in my closet. I have more "faith" in silver, although gold is always a safe bet.
edit on 9-8-2011 by gandhi because: (no reason given)



posted on Aug, 9 2011 @ 12:44 AM
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reply to post by SJE98
 
just think that 2M could be 5M come Oct or Nov, yea i have sen them bids sites, only the rich and then they sell it again, to make $$$$$



posted on Aug, 9 2011 @ 12:47 AM
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Absolutely, it has already gone up $80 in a day or two. With some parts of the economy getting flooded with cash from QE1 & 2 that money has to go somewhere and inflation on gold looks to be it.



posted on Aug, 9 2011 @ 12:47 AM
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reply to post by gandhi
 
your young, keep it no matter what it does now for in your life time you might see it up as high as 5000 an oz silver 500 or maybe 1000$ an oz, so watch and learn for now. I had them as well when i was 22 went and sold them thinking it can not go up now look.



posted on Aug, 9 2011 @ 12:48 AM
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I have silver. Screw gold, buy silver. Its more practical, and did I mention I have it. You can get a gaziliom ounces for one ounce of gold



posted on Aug, 9 2011 @ 12:48 AM
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Sounds like it's time to break out the gold pans and start looking over maps of back country areas...even a small amount is a payday.



posted on Aug, 9 2011 @ 12:50 AM
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reply to post by Wrabbit2000
 
think the same thing maybe get a gold club going , you can still get clams you know, just know where your going and know if there are calms around.



posted on Aug, 9 2011 @ 09:27 AM
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off-topic post removed to prevent thread-drift


 



posted on Aug, 10 2011 @ 11:35 AM
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Gold is up to $1785, 1800 is not far off www.kitco.com...
, silver is at $38.



posted on Aug, 11 2011 @ 12:08 AM
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gold hit $1795 and no one says boo WTF or hot dam??? if you look at teh red line it was up above $1800.



posted on Aug, 11 2011 @ 12:22 AM
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Yep it's broken the $1800 barrier and will climb. Sitting a little below $1800 now but that won't last.



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