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The coming Gold crash


Wonger
Message added by ChrisSilver

⚠️Please remain respectful to other members even if opinions differ. The truth is that no one knows what the future price of Gold will be and no one can predict with any certainty what it will be. People can make assumptions and guesses based on what they think will happen but at the end of the day anything can happen.

The future price of gold will either be the same, higher, or lower. So please debate respectfully of fellow members even if they have a different opinion or opposing views to the majority of members. 

No member will ever be banned for having a different opinion to another member but members who are rude and disrespectful do risk their account status. Please be polite and respectful of all members, we wish to maintain a pleasant place on TSF ⚠️

Recommended Posts

27 minutes ago, Abyss said:

Forget $385 we will most likely never see $1385 again.... Be careful waiting to long this will happen......

Waiting for change - Imgflip

$280 T of debt default currency destruction will keep the flesh on the bones quite handsome 😉 

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On 18/06/2020 at 04:57, Hennypenny said:

Don't encourage him. If he was putting his money where his mouth is, he would have sold all his stack at today's prices. I don't see him having sold anything on the forum.

It was sold a while ago a member on here knows this and the proceeds used to short WTI down from $30/32 and buy at $8 closing at $38/39, Trades were all mentioned on here, I have no problem with this transaction, so why should you? 😁 

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Oh Dear bounced off 1757 again

 

Is a massive short squeeze at hand in the gold market?  One of the greats in the business just warned, “There is no escape for them (the gold shorts).”

 

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7 minutes ago, KRO said:

Oh Dear bounced off 1757 again

 

Is a massive short squeeze at hand in the gold market?  One of the greats in the business just warned, “There is no escape for them (the gold shorts).”

 

😁 Does this great in the business actually believe the 288,000 net short Commercial Banks who control the Gold market need an escape from themselves? 

Edited by Wonger
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14 minutes ago, Prophecy said:

 

Screenshot 2020-07-02 at 15.05.31 (1).jpg

Xiao Xiao Xiao 🤣

The trading desk is now laughing so much at that photo their struggling to hit the offers on the futures  

Edited by Wonger
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14 hours ago, Wonger said:

Did you honestly think the bears had gone into hibernation? That $40 drop will become a $400 drop very soon indeed and now today you can hear a pin drop on this thread after two days of loud music, keep watching!😁  

Welcome back!  Gold has just gone up $14 in the past 24 hours!

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17 minutes ago, Zhorro said:

Welcome back!  Gold has just gone up $14 in the past 24 hours!

Yeah, thats why hes gone again.

Back to the hole until we see another dip.

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2 hours ago, Darr3nG said:

Interesting graph:

graph.thumb.png.0c4a0b6a74f3bec994191022ccf67cc3.png

OPs thread contributions plotted against gold spot in dollars (trendline also included)

Quick, get him to spam the thread a thousand times and then we can all buy on the cheap!

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Well I hope it does dip to $400 for at least a week in September 2020 and when all UK dealers have full physical inventories.  We can all back up the truck!

I have somewhat less confidence than our esteemed OP that the above is somehow going to happen.

Edited by Stuntman
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