Gold going to collapse ? Possible ?

greenitude

Member
Joined
Jan 31, 2024
Messages
221
Reaction score
134
Gold collapsed another 1.2 percent premarket, time to sell off in panic or hold for another 10 years!

Quite sad the bull run is over, was fun to see it go up 2 or 3 percent everyday
 

Travis_Touchdown

Great Supremacy Member
Joined
Apr 28, 2010
Messages
53,938
Reaction score
13,419
it all depends on where the big boys ish rohz... if they wanna withdraw then it ish will collapse rohz... :s12::frown:
 

jericho75

Greater Supremacy Member
Joined
May 24, 2013
Messages
90,472
Reaction score
18,749
Everyone all rushing to buy gold now. Will gold prices collapse ?

Last time people say when ah peh ah soh and even beggars also rushing into stock market, a crash will be coming soon.


All buying gold means usd crashing lah
 

win_man

Great Supremacy Member
Joined
Sep 21, 2000
Messages
62,505
Reaction score
2,426
Gold is now 1% away from 1st warning level 10%. Either you buy the dip or wait for 20% crash.
 

Sen Sen

Suspended
Joined
Jun 3, 2014
Messages
8,439
Reaction score
2,101
Today shop price still high leh… shop like maxi cash at 190+ for 916 gold..
 

zamowk

Master Member
Joined
Feb 20, 2020
Messages
2,714
Reaction score
1,316
when bitcoin not safe anymore, people will chiong gold

see amdk just kop all prince coin
 

coolhead

Great Supremacy Member
Joined
Mar 25, 2007
Messages
52,436
Reaction score
13,584
I don't mind. Can use part of bonus to buy 10gram Year of the Horse gold bar.
 

d5dude

Arch-Supremacy Member
Joined
Nov 30, 2006
Messages
13,928
Reaction score
5,444
Gold was supposed to be a safe haven yet its far more volatile than even the S&P500 now, the speculators have taken over, I suspect many will be wiped out very soon.
 

Crooni

Arch-Supremacy Member
Joined
Feb 25, 2007
Messages
21,417
Reaction score
3,335
2012
usd supply ~10t
us debt ~16t

2025
usd supply ~22t
us debt ~38t

ppl are nervous cos everywhere is overleveraged and 17% of us tax revenue now goes into interest payments, projected 18.4% for 2025
(i had to do a quick double check :oops: . my last memories was ard 9-10%. 2024 was ~13%. this year increased by 34%)

yes the excess money is also flowing into gold, but comparing spx vs gold it's currently at 75th percentile of historical, ~0.67 standard deviation

more importantly is our current world geopolitics and economics. all this "wealth" is backed by nothing. at least last time there is us military, oil, real tech innovations. now it's just ai promises, inflation and speculation

other countries know this and so are moving away from usd
 

SayPorkGuy

Arch-Supremacy Member
Joined
Nov 21, 2018
Messages
10,615
Reaction score
4,158
Gold was supposed to be a safe haven yet its far more volatile than even the S&P500 now, the speculators have taken over, I suspect many will be wiped out very soon.
if bought recently lar. mine bought in 2019-2023. very safe.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top