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Personal Finance and Investing

Michael_wood

(20 posts)

12. Gold Falls Away From Key $1200 Level

Reply to RandySF (Original post)

Mon Apr 27, 2015, 07:55 AM

Apr 2015

Gold prices fell for a third consecutive week with the precious metal off more than 2.17% to trade at 1177 ahead of the New York close on Friday. Investors, big or small, both are bearish on gold.

There is a strong majority of those who believe there is a bearish continuation. Yes! Financial Headlines regarding gold bullion are downright negative on gold. But, is this all about gold price in 2015?

Watch this video--Lombardi says there is a classic supply/demand squeeze is in the works that could push up gold prices significantly.

Click here to purchase valentine hearts!

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How do you feel about precious metals? [View all] RandySF Mar 2015 OP

If you believe that inflation has the potential of being a big problem, in principle, it's not bad. lumberjack_jeff Mar 2015 #1

Personally I'd not consider it without serious advice from a serious investment advisor. elleng Mar 2015 #2

I invest in precious metals mutual funds ... CaptainTruth Mar 2015 #3

Instead, buy a metal fund or buy stock in a gold mining company. They follow the price of the metal, Hoppy Mar 2015 #4

Be careful about gold mining companies TexasBushwhacker Dec 2015 #13

As jewelry, yes. SheilaT Mar 2015 #5

Couple of big problems; A HERETIC I AM Mar 2015 #6

Agreed. Common Sense Party Mar 2015 #7

DUDE! Long time, no see! Howyabeen? A HERETIC I AM Mar 2015 #8

Hey, man! Doing okay. Common Sense Party Mar 2015 #9

Road is open! A HERETIC I AM Mar 2015 #10

Thanks, my brother! Common Sense Party Mar 2015 #11

Gold Falls Away From Key $1200 Level Michael_wood Apr 2015 #12

Platinum is less than gold right now TexasBushwhacker Dec 2015 #14

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