olloyd
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Posts posted by olloyd
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Yes. Something like that.
Good and look at alot of charts.
You will see that each area of trading almost always gets retraced at least once.
If you look at the Gold charts, the trading above $930 needs retracing.
Once that retarcement starts, it could easily pullback to support at $850, the old high.
If gold retraces to $850, i'm going in large...(again)!
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GF - I was on HPC.co.uk earlier today and someone had asked for your email address (thread was a few months old) on the metals forum.
So I replied saying that if you're looking for Goldfinger, he can be found on <here> and pasted a link.
As soon as I posted, I realised I should have probably mentioned that you are G0ldfinger on GEI, not Goldfinger - immediately clicked 'edit post' and I got a browser error...went back to the metals forum and they has deleted my post AND closed the thread in less than 60 seconds !!!!
I really don't think the mods like you over there !
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I have spent time on here but like many feel a bit out of my depth so dont contribute much, but have learnt some.
Ditto - have learned so much about PMs in the last 12-18 months.
Am just a bit miffed I didn't get into gold about 18 months ago when I first looked into it, when gold was around $650.
Funny thing is, relative to the guys in my office I'm something of an investment guru, but on here I'm out of my depth a little !
Keen to learn though, and will challenge / contribute where I can...
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Another fledgeling leaves the HPC nest to join GEI
Only signed up to HPC on Jan 08, so have nothing like the same contribution some of the others have brought to the forums.
I had a lurk on here on one of Dr Bubbs topics a few days ago (linked from HPC) and looked very interesting.
My 2 pence worth this that I think we will see a pull-back after gold breaks $1000 - which will almost certainly be this week.
Its a massive psychological barrier, it may have to break it a couple of times to gain support before we can start posting the rocket pics !
Just look whats happening with Oil at around $100.
I am looking to increase my Gold investment, which is currently at around 10% of my portfolio (7% physical, 3% GM).
(Also have about 5% Silver, which I want to increase to about 10%)
Would love to do it now, but want to wait to see what the support is like on the business end of $1000
Was thinking of increasing to around 20% if we see $1050
Is this a daft idea and I should just get in now???
The only good thing about HPC was the anti-goldbugs who added some 'balance' to the debate
I hope we have one or two here to add reasoned debate to this forum
Cheers,
Lloydie
GOLD
in Gold, FX, Stocks / Diaries & Blogs
Posted
CPI up from 2.2 to 2.5 - a whopping 14% increase!
Will this have any direct effect on Gold ?