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-   -   Gold Precictions? (http://forums.pelicanparts.com/showthread.php?t=368275)

on2wheels52 09-21-2007 06:38 PM

Gold Precictions?
 
Gold commodity price is at a 27 year high, in the last two years has gone from $420's to $720's.
Given that I was jumping up-and-down to move some at $620 and was kicking myself for missing $680, is it time for some profit-taking or should one hold for $750 (or higher)?
Jim

Milu 09-22-2007 02:46 AM

I'm guessing it will go a lot higher. I just haven't got the funds to make the bet!

on-ramp 09-22-2007 05:10 AM

When you start seeing commercials on television to buy gold, like from Monex, it's time to unload...

on2wheels52 09-22-2007 05:46 AM

Don't have tv, but your advice has merit. When the garbage man tells you he just bought some of the Widget Inc. you aquired two years ago it may be time to liquidate your position.
Jim

Porsche-O-Phile 09-22-2007 08:43 AM

Quote:

Originally Posted by Milu (Post 3492282)
I'm guessing it will go a lot higher. I just haven't got the funds to make the bet!

I tend to agree.


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