Gold

[Shard]

Is it just me or does it look like its itching to go on a run?

[CrownA]

I don't know where gold goes in a recession, but all other indicators are that the USA is going to print money like Zim and Japan. The dollar will have to weaken when the USA realises it has to pay with a weak currency. But it is all running on USA bailout and election time.

[barry_1]

I beleive it acts as a surrogate put in times of crisis...i'm holding my HAR CALLS.

[Shard]

Hanging on to my Harmony calls too. Got some Goldfields as well, hoping that the next reports that come out look better than the last dismal Annual reports so I can capitalise on a favourable gold price and favourable financials. I suppose the real test is going to be when US markets open, think that will tell us whats in store for this week.

[#5]

Gold is going mad!!!!!!!!!!

[Wizard]

No action on the Goldies yet, but wait until Wall Street opens. HUI index is going to fly tonight. Last chance to get on board!!

[Wizard]

Gold is a Safeheaven from the Bank rubbish and that's is going mad!

[Shard]

All aboard the Goldtrain!!!!

[Shard]

Looks like an invisible hand is stepping in to try and slow the run now. Either that or emotional investors are looking to make small profits on the fast move.

[Wizard]

What u seeing here is violence.This may sound alien to u but.wave 3 of wave 1 of major wave 3 is underway and things can only get more and more spectacular for Gold!

[kwagga]

It's not your imagination. Gold is in a longer term bull trend, but be warned this will be a bumpy ride. Gold is a notoriously volatile animal. For a more stable vehicle for gold than shares, go for Newgold EFT.omo

[#12]

Any one going for DRD?

[Shard]

Worried about the markets inability to correctly value DRD with a NAV of R3.50 per share and cash value of R2.50 per share why is it sitting at R3.50? Are they not producing any gold? Think DRD may well be left behind if this thing blows, stick to harmony imo, its severly under priced atm

[Running_bull]

Elliot is causing a storm... and at gold r/kg up almost 5%, bring it on!

[john_1]

I may be wrong but I dont think elliot's got anything to do with this...Russia stock market falling 15% is more likly the reason..and still the gold price hardly moves..

[Running_bull]

john if you agree with the theory then ud be expecting it to be in play pretty soon, i dont care what triggers it.

[barry_1]

agree on GFI as it does not respond well,have none,just doubled my HAR calls and also bought ANGSBL as they are the only company likely to pay a dividend someday....I of course prefer warrants as the run up more rapidly than the gold ETF and in any case will sell out at the first hesitation in the rise in price.

[Brazen]

You know, with all this sh*t going on you woulda thought the gold price would be a LOT higher than it is right now.

[SimonPB]

an that miss brazen is exactly the point. gold can't even perform when everything is in its favour ...

[Brazen]

LOL! Yip. Or it could mean the sh*t ain't as bad as it seems. Nah!! We'll go with your theory - gold is a big, fat dog.