Bigbird Posted May 31, 2022 Share Posted May 31, 2022 Todays 31 may 22 chart on Gold prices! Why is gold price falling? Wouldnt "recession" push up gold prices?? 1 Link to comment Share on other sites More sharing options...
Huat Zai Posted May 31, 2022 Share Posted May 31, 2022 1 hour ago, Bigbird said: Todays 31 may 22 chart on Gold prices! Why is gold price falling? Wouldnt "recession" push up gold prices?? Oil prices are rocketing, most would liquidate gold and trade oil 1 Link to comment Share on other sites More sharing options...
The_King Posted May 31, 2022 Share Posted May 31, 2022 drop so little, nothing to worry Link to comment Share on other sites More sharing options...
Bigbird Posted June 1, 2022 Author Share Posted June 1, 2022 21 hours ago, Huat Zai said: Oil prices are rocketing, most would liquidate gold and trade oil Yup i know Investment traders dumping Gold a month ago! Bullion Co comfirm this info too! 1 1 Link to comment Share on other sites More sharing options...
Bigbird Posted June 1, 2022 Author Share Posted June 1, 2022 21 hours ago, The_King said: drop so little, nothing to worry 3 mths drop US$200. Almost down to pre 2022 level liao! US$1829 Wah 8pm rally up US$20! US$1843. @socrates469bc How you see Gold prices going? Link to comment Share on other sites More sharing options...
The_King Posted June 1, 2022 Share Posted June 1, 2022 i brought at around 1300 to 1400 1 Link to comment Share on other sites More sharing options...
The_King Posted June 1, 2022 Share Posted June 1, 2022 can drop to such level then say Link to comment Share on other sites More sharing options...
Bigbird Posted June 1, 2022 Author Share Posted June 1, 2022 31 minutes ago, The_King said: can drop to such level then say I think it will stabilize at pre war level! Am thinking of loading some more! Link to comment Share on other sites More sharing options...
The_King Posted June 1, 2022 Share Posted June 1, 2022 3 minutes ago, Bigbird said: I think it will stabilize at pre war level! Am thinking of loading some more! what is pre war level! Link to comment Share on other sites More sharing options...
socrates469bc Posted June 1, 2022 Share Posted June 1, 2022 23 hours ago, Bigbird said: Todays 31 may 22 chart on Gold prices! Why is gold price falling? Wouldnt "recession" push up gold prices?? 22 hours ago, Huat Zai said: Oil prices are rocketing, most would liquidate gold and trade oil there is a flush of money in the system from the past 1.5 decades of easy money. as a result, any recession will not drive up gold price due to the excesses. oil is not a good trade. limpeh buy wheat proxy. wahahahahahahahahaha 3 Link to comment Share on other sites More sharing options...
socrates469bc Posted June 1, 2022 Share Posted June 1, 2022 (edited) 39 minutes ago, Bigbird said: 3 mths drop US$200. Almost down to pre 2022 level liao! US$1829 Wah 8pm rally up US$20! US$1843. @socrates469bc How you see Gold prices going? limpeh buy wheat proxy last july. wahahahahahahahaha Edited June 1, 2022 by socrates469bc 3 Link to comment Share on other sites More sharing options...
Bigbird Posted June 1, 2022 Author Share Posted June 1, 2022 6 minutes ago, The_King said: what is pre war level! When did u buy your Gold? 1 Link to comment Share on other sites More sharing options...
Bigbird Posted June 1, 2022 Author Share Posted June 1, 2022 6 minutes ago, socrates469bc said: limpeh buy wheat proxy last july. wahahahahahahahaha What is "wheat Proxy"? Commodities like wheat, it's perishables. Wont it have shelve life? Link to comment Share on other sites More sharing options...
The_King Posted June 1, 2022 Share Posted June 1, 2022 5 minutes ago, Bigbird said: When did u buy your Gold? i want it to drop so i can but more 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted June 1, 2022 Share Posted June 1, 2022 1 minute ago, Bigbird said: What is "wheat Proxy"? Commodities like wheat, it's perishables. Wont it have shelve life? unprocessed wheat can be kept up to 1.5 yr but will have deterioration in protein content. processed wheat can only be kept up to a yr. wheat proxies r companies with major operations in wheat sourcing and milling. wahahahahahahahahaha 1 1 Link to comment Share on other sites More sharing options...
Bigbird Posted June 1, 2022 Author Share Posted June 1, 2022 19 minutes ago, socrates469bc said: unprocessed wheat can be kept up to 1.5 yr but will have deterioration in protein content. processed wheat can only be kept up to a yr. wheat proxies r companies with major operations in wheat sourcing and milling. wahahahahahahahahaha Oh you buy wheat proxy company stocks! Not wheat commodities! I am right! 1 Link to comment Share on other sites More sharing options...
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