887.50 Pulling on the GOLD PRICE..
887.50 is pulling on the Gold Price. This correction from 850 puts gold in a healthy stage to regain traction for its run to $1,000.00 +
887.50 is the next Magnet pulling on gold now.
posted by AXSTONE at 1:06 PM
2 Comments:
Hi !!
I am little concerned. I am following this blog for about 6-8 months. I bought gold bars from tips, articles etc. Both times when I bought it, prices went down drastically.
First time around in Aug. Price was about 670. I bought gold bar and withing couple of days price went down t 640.
Then it went up, up till 850. From last couple of days when I saw dip, I jumped on it looking at suggestions. Bought it when price was 806. Today price is 796.
Looks like articles helps but little. When they say we see up trend and 887, 950 what we expect.. price crashes.
I think we need better analysis and guidance.
The price is up to $856 today. That's a $60 increase or 7.5 % gain in 35 days. If gold keeps climbing at that rate, it will be over $1500 by the end of the year. 2008 is the Year of the Rat. It's a good time to make money!
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