A thread for all those who wish to discuss GOLD - the investment of and related discussions that can effect GOLD as an investment or simply how to invest in it. All welcome from other websites.

All hinges on production figs coming up. Everyone wondering how they will meet their guidance given last three quarters production numbers.And that's a reduced guidance as it is!!!!

Tempted to have another nibble myself.

CME Hikes Gold Margins By 25%

How very unexpected.
- And how, judging by today's massive selloff,
- it is almost as if someone knew in advance this would happen :o)

Can JPMorgan just get back to restocking its vault with whatever gold it needs to meet its massive delivery demands (at three year low prices)
- so some normalcy can return to the market?

The beginnings , no doubt, of more closures to come....

"Golden Minerals suspends production

http://www.gata.org/node/12707

GOLDEN, Colorado -- Golden Minerals Co. announced that it has suspended operations at its Velardena mine as of June 21, 2013, in order to conserve the asset until operating plans and prices for silver and gold indicate a sustainable cash margin for operations."

o
the summer solstice often produces lows and highs in the markets.i dont know why but it does seem so.your temptation to have a nibble may prove fruitful short / medium time or maybe even long term had you waited but one more day.
for chartists we have a major high descending triangle top pattern(dyor) that confirmed when price broke down through the 1520sh support level giving a target level, based upon chart pattern of 1120sh. current price is1296 having made a low of 1269.
the longer a high takes to form its chart pattern and then confirm it, the stronger it is, this chart pattern took from sept 2011 to april 2013 before it confirmed,
little wonder then that some analysts are suggesting that gold is in a bear market, whilst others may disagree.
we have a lot of long term support at current levels(dyor) so a bounce back to 1520sh may not be out of the question.
just my observations based upon chart movement.
please dyor on chart patterns and their expectations etc. and good luck
regards
jkd

Jkd - ty. Someone said something about gold settlements at end of month at 1420?

So how would that impact pog?

Was it agreed (hedged) at that price.

? They have to settle at that price.

Someone's got caught out or not?

Not long to find out.

Someone mentioned 27th June 2013!

when did they say this?
It is not 27th June 2013!

Last week - I'll try to find the link. Might be on the other site.

its a bit quiet on this thread.
why so?
regards
jkd

It seems gold is sparse now. I suppose we should ask why is gold so sparse?

Full page article in The Times on Saturday on why gold is a busted flush , followed today with small piece in business section editorial essentially saying the same thing though saying the fall is the volatile market shaking the "fast" money loose.What gets no mention is the "contradictory" upsurge in physical demand at these prices current prices.
Added my own small contribution to that getting some sovs from HGM for £191 this week.Seeing them below £200 was too much of a temptation.
Their stocks have been very limited for weeks - and I have noted that each day they seem to sell nearly all stock.
Obviously Im not the only idiot.

Glyn - we sit on the other side of 2013 now. H2 - I like it much better. Things are definitely going to heat up and for many reasons PMs are going to fly much higher. I love my gold - totally and won't be selling it for a very long time. Got some beautiful pieces of jewellery plus bars. BUT I honestly think silver will be the magic wand - the ratio to gold will be astounding I feel.

It's high time too.

I'll try to find a gold:silver ratio chart for the top of the thread. It could be a fascinating thing to watch.......

This is an interesting video:

The Alphabet vs. The Goddess Lecture by Dr. Leonard Shlain

http://www.youtube.com/watch?v=2QQuD62RxrU

Another interesting video:
http://www.youtube.com/watch?v=QuANDlrTHyI

Flyingswan - just watched the first video. Thank you - it confirms so much for me. Not least that my instincts & intuition are my best friends. I needed that. What a brilliant surgeon.

Have you given up squirrel?

Given up on what?

Victoria Grant - Public Banking 2013: Funding the New Economy, June 3rd 2013:
http://www.youtube.com/watch?v=GoooTyA6aJg

On this thread.