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Stretch

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Posts posted by Stretch

  1. You do realise we are still 25% UNDER the high of 2011. All highs eventually get surpassed, so there is plenty of money to be made at these prices. And for the whole period between Sept 2010 and Sept 2013, Gold was at a higher price than today. It that scenario plays out again you won't be buying any gold for years to come .

    I know what you mean it's just my very first gold purchase in September of 2013 at £862 has always weighed my stack down ever since. The rest of my 8 1/2 oz was brought between £756 and £811 so it's not so bad. I'm thinking and hoping gold will fall back into the £700s again. It was only a few days when even the ultra bulls were saying golds going down to $1000.

  2. I am not convinced it's straight up from here. There's too many events this month. It might be best to save up and then pull a big trigger sometime before the UK markets price in an expected hung parliament.

    I was thinking that originally however there's too many events going on. Silver's already very cheap. You might miss the bus if you hold and save and be cussing yourself when prices are significantly higher.

  3. Silver's now on a roll it looks like and we've seen the low point. It's just gotta close over $17.15 I'm told then it's an easy ride up to the $20s. I'm also told that £11 is very important resistance in sterling so it's looking very bullish. So I made a purchase this morning, caught the dip nicely even though I was originally planning on holding and saving for a while. Time will tell.

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