drminky Posted February 20, 2009 Report Share Posted February 20, 2009 To all UK GEI members - have your lunch infront of the computer screen today - $1000 is coming very soon. Gold better blast through $1000 decisively, or else we got a massive double-top in $US with a huge negative divergence on our hands.. That will be one hell of a party invite to all the gold shorters lurking in the background.. Still, whatever gets me more gold cheaper with my fiat paper can only be a good thing in the long run! Link to comment Share on other sites More sharing options...
romans holiday Posted February 20, 2009 Report Share Posted February 20, 2009 I hate to say it, but proper lunch is more important than gold (especially if you know that $1,000 gold is a joke/far too cheap anyway). Still... of symbolic importance. I have split feelings on POG... it goes up; confirmation... it goes down; consolidation. Link to comment Share on other sites More sharing options...
dst Posted February 20, 2009 Report Share Posted February 20, 2009 Gold doesn't look bearish to me. Gold setting off to take out $1000 for the weekend? I feel like I did march 08 - checking the pog every 30 seconds 986.10 Although by now I should know better 985.80 And the $£ rate has such a big effect on how much gold is worth to me 986.30 £689.72 I am not going to look - oh i pressed refresh again 991.10 woosh! Slow day at work 990.50 - OK that is it assault on $1000 cancelled for today - 990.10. I going for lunch soon so I will stop torturing myself - 988.58 Its just i think i would be more joyful if I knew it was over $1000 - 988.40 Right off to lunch - 990.20, will someone with some money just buy some more right now please! Link to comment Share on other sites More sharing options...
dietcolaaddict Posted February 20, 2009 Report Share Posted February 20, 2009 I hate to say it, but proper lunch is more important than gold (especially if you know that $1,000 gold is a joke/far too cheap anyway). "Lunch is for wimps" Link to comment Share on other sites More sharing options...
Steve Netwriter Posted February 20, 2009 Report Share Posted February 20, 2009 I feel like I did march 08 - checking the pog every 30 seconds 986.10 Although by now I should know better 985.80 And the $£ rate has such a big effect on how much gold is worth to me 986.30 £689.72 I am not going to look - oh i pressed refresh again 991.10 woosh! Slow day at work 990.50 - OK that is it assault on $1000 cancelled for today - 990.10. I going for lunch soon so I will stop torturing myself - 988.58 Its just i think i would be more joyful if I knew it was over $1000 - 988.40 Right off to lunch - 990.20, will someone with some money just buy some more right now please! :lol: 989.42 Link to comment Share on other sites More sharing options...
romans holiday Posted February 20, 2009 Report Share Posted February 20, 2009 music to chill to. Link to comment Share on other sites More sharing options...
CharlieSays Posted February 20, 2009 Report Share Posted February 20, 2009 991.60 Times like this ive been relying on the widget from Kitco, (kcast) that sits in your system tray, bottom right hand corner and updates with the latest price, Although its pretty distracting to have on the whole time, especially last autumn. Popcorn ready, sitting back enjoying lunch. Anyone care to imagine how much this will be costing those who have gone short gold. 992.70 Link to comment Share on other sites More sharing options...
dom Posted February 20, 2009 Report Share Posted February 20, 2009 feels good! Link to comment Share on other sites More sharing options...
springer Posted February 20, 2009 Report Share Posted February 20, 2009 What time do the american markets open again? I forget. Link to comment Share on other sites More sharing options...
qwertyuiop Posted February 20, 2009 Report Share Posted February 20, 2009 It's starting to look like dips are a thing of the past - only plateaus Link to comment Share on other sites More sharing options...
dst Posted February 20, 2009 Report Share Posted February 20, 2009 What time do the american markets open again? I forget. I think the US stock markters open 9:30 - EST which is 2:30pm in good old blighty But I think the New York Nymex gold starts at 1:30pm? You thinking that if it doesn't get to $1000 by the US opening it will not happen? EDIT: From the nymex web site http://www.nymex.com/GC_spec.aspx Comex Gold Trading Hours (All times are New York time) Open outcry trading is conducted from 8:20 AM until 1:30 PM. Electronic trading is conducted via the CME Globex® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, Eastern Time, with a 45-minute break each day between 5:15 PM and 6:00 PM. Link to comment Share on other sites More sharing options...
FWIW Posted February 20, 2009 Report Share Posted February 20, 2009 from http://ftalphaville.ft.com/blog/2009/02/20...5/a-gold-watch/ A gold watch Posted by Paul Murphy on Feb 20 12:45. We’ve got this new widget that allows us to embed charts that update dynamically. And what better excuse to try it out than the prospect on Friday that the price of gold might tick back up through $1000? Gold did in fact hit £1,002 in March last year, before retracing its steps to $710, but the latest conglomeration of bad news has encouraged fans of the yellow metal to make all sorts of predicts on the upside… Prices from Reuters, via Wall Street On Demand, typically delayed by 15 mins. This entry was posted by Paul Murphy on Friday, February 20th, 2009 at 12:45 and is filed under Commodities. Tagged with gold. Link to comment Share on other sites More sharing options...
alexreeve Posted February 20, 2009 Report Share Posted February 20, 2009 from http://ftalphaville.ft.com/blog/2009/02/20...5/a-gold-watch/ A gold watch Posted by Paul Murphy on Feb 20 12:45. We’ve got this new widget that allows us to embed charts that update dynamically. And what better excuse to try it out than the prospect on Friday that the price of gold might tick back up through $1000? Gold did in fact hit £1,002 in March last year, before retracing its steps to $710, but the latest conglomeration of bad news has encouraged fans of the yellow metal to make all sorts of predicts on the upside… Prices from Reuters, via Wall Street On Demand, typically delayed by 15 mins. This entry was posted by Paul Murphy on Friday, February 20th, 2009 at 12:45 and is filed under Commodities. Tagged with gold. If only... Link to comment Share on other sites More sharing options...
Pluto Posted February 20, 2009 Report Share Posted February 20, 2009 Not too shabby. The last days of sub 1000 are here. The naysayers that claim gold is in a bubble have no clue and are freeking doomed. The only bubble I can see with my canine eyes is fiat money being created left right and center, while claims on that fiat, goods and services, being evaporated. PS I have a lit a candle for SAAB. It was always junk. Link to comment Share on other sites More sharing options...
FWIW Posted February 20, 2009 Report Share Posted February 20, 2009 This is it...£691.11...is this a new high in turdling? Link to comment Share on other sites More sharing options...
ologhai Posted February 20, 2009 Report Share Posted February 20, 2009 PS I have a lit a candle for SAAB. It was always junk. Do you have shares in a candle company or something? You're forever lighting 'em! Link to comment Share on other sites More sharing options...
InternationalRockSuperstar Posted February 20, 2009 Report Share Posted February 20, 2009 996 edit: glad to see there's no "bi-centurion" status on this forum. sounds a bit perverted. Link to comment Share on other sites More sharing options...
G0ldfinger Posted February 20, 2009 Author Report Share Posted February 20, 2009 "Lunch is for wimps" Having had my lunch, gold still under $995. Link to comment Share on other sites More sharing options...
Pluto Posted February 20, 2009 Report Share Posted February 20, 2009 Comex opens at 8.20 EST. In five minutes. Get strapped in folks... Link to comment Share on other sites More sharing options...
springer Posted February 20, 2009 Report Share Posted February 20, 2009 I think the US stock markters open 9:30 - EST which is 2:30pm in good old blighty But I think the New York Nymex gold starts at 1:30pm? You thinking that if it doesn't get to $1000 by the US opening it will not happen? EDIT: From the nymex web site http://www.nymex.com/GC_spec.aspx Comex Gold Trading Hours (All times are New York time) Open outcry trading is conducted from 8:20 AM until 1:30 PM. Electronic trading is conducted via the CME Globex® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, Eastern Time, with a 45-minute break each day between 5:15 PM and 6:00 PM. Thankyou dst for that comprehensive answer. No I'm not thinkinking that. I don't see anything but apalling news day after day and am gobsmacked at the lagg in POG to be honest. I can't deny I am not anticipating anything other than a rocket surge in the upward direction! But when - I just know. Link to comment Share on other sites More sharing options...
Justin Thyme Posted February 20, 2009 Report Share Posted February 20, 2009 Now how did I know this thread would be buzzin' ? Thought we'd've had a sharp pullback but hey, I'm not complaining Link to comment Share on other sites More sharing options...
HPCSucks Posted February 20, 2009 Report Share Posted February 20, 2009 Don't forget the warning ziggy delivered yesterday.... a coordinated effort to knock it back. Link to comment Share on other sites More sharing options...
marmite Posted February 20, 2009 Report Share Posted February 20, 2009 Comex opens at 8.20 EST. In five minutes. Get strapped in folks... Will it be the smackdown ??? Link to comment Share on other sites More sharing options...
Pluto Posted February 20, 2009 Report Share Posted February 20, 2009 Will it be the smackdown ??? Whatever they do can't hide the fact they are now printing more money than people can count. Most people don't even know how many zeros a trillion has. We are all freeking doomed- some more doomed than others. Another smackdown is another buying opp. Link to comment Share on other sites More sharing options...
Justin Thyme Posted February 20, 2009 Report Share Posted February 20, 2009 Will it be the smackdown ??? Doubt it. If they could've smacked it, they would have done so long before we got so close to a grand, methinks. Having said that, there could be a few sell stops out there given the psychological figure and after what happened last March. Link to comment Share on other sites More sharing options...
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