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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 08-10-2011, 03:17 PM   #1
DWB
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Gold just hit $1804

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Old 08-10-2011, 03:23 PM   #2
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$1805.80
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Old 08-10-2011, 03:49 PM   #3
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Old 08-10-2011, 03:50 PM   #4
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lol it never stops going up
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Old 08-10-2011, 04:00 PM   #5
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thats the way bubbles work
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Tube site converting ex-gf programs @ 1:276 for sale here (proof inside )

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Old 08-10-2011, 05:51 PM   #6
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As I understand it (I would need to check my files but I am too lazy right now) this price matches the previous high back in the 80's when you adjust for inflation. So don't be surprised if there is a painful correction at this level before it levels back off and begins to rise again. If I was currently trading in and out of the market I would be a seller at this point.
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Old 08-10-2011, 06:44 PM   #7
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Here is a chart that may help some people understand what is going on...



http://www.zerohedge.com/news/immine...950-and-higher
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Old 08-10-2011, 06:45 PM   #8
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Quote:
Originally Posted by ******* View Post
As I understand it (I would need to check my files but I am too lazy right now) this price matches the previous high back in the 80's when you adjust for inflation. So don't be surprised if there is a painful correction at this level before it levels back off and begins to rise again. If I was currently trading in and out of the market I would be a seller at this point.
Adjusted for inflation the previous high was around $2400-$2500.
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Old 08-10-2011, 08:15 PM   #9
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Old 08-10-2011, 08:16 PM   #10
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Adjusted for inflation the previous high was around $2400-$2500.
ok thanks, well there goes that theory But of course what do I know because I sold almost everything in the mid- $1600's.
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Old 08-10-2011, 08:23 PM   #11
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ok thanks, well there goes that theory But of course what do I know because I sold almost everything in the mid- $1600's.
It means you were smart. impossible to be a fortune teller and predict the exact high point. Assuming you had been buying over the years at a much lower price, when you sold you won. If you were to hold on now, or even worst buy in now like a lot of people, and it takes a big drop then you would have lost.

When you sell for a profit you win, when you holding it you never know how well you did till you sell

Its like being the idiot at the casino who is up $1,000 and is all excited because he is winning, but doesn't cash out and later is all upset because he lost it all back. You are not a winner till you get up and cash out.
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Last edited by will76; 08-10-2011 at 08:25 PM..
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