Bigbird Posted July 22, 2022 Share Posted July 22, 2022 https://goldprice.org/gold-price-chart.html I thought gold prices are in tandem with US$ and will go up during inflation? Any expert on this? 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted July 23, 2022 Share Posted July 23, 2022 (edited) 8 hours ago, Bigbird said: https://goldprice.org/gold-price-chart.html I thought gold prices are in tandem with US$ and will go up during inflation? Any expert on this? bird didi jiu shi bird didi, so innocent like the rest of the pappy serfs. loose monetary policies of the past 15yrs has resulted in a flood of credit into the system, resulting in a breakdown of the transmission mechanism. along with no man-made supply shocks, inflation was low despite this flood of money, resulting in irrational asset appreciation. now, with plenty of man-made supply shocks and sky-high asset appreciation with no fundamentals, it is only economic judgement day for the excesses of the previous 2 decades. inflation is only catching up to gold price. wahahahahahahahaha Edited July 23, 2022 by socrates469bc 1 Link to comment Share on other sites More sharing options...
chamfer Posted July 23, 2022 Share Posted July 23, 2022 What @socrates469bc mention is too chim for kgb's brain to process.... 4 Link to comment Share on other sites More sharing options...
The_King Posted July 23, 2022 Share Posted July 23, 2022 I need more la. So expensive now 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted July 23, 2022 Share Posted July 23, 2022 (edited) 54 minutes ago, chamfer said: What @socrates469bc mention is too chim for kgb's brain to process.... then limpeh use simple drawings to explain to all u innocent pappy serfs. at first, it is resulting in low inflation. now, it is resulting in inflation. but becos of large influx of money over the past 15 yrs, the result is wahahahahahahaha Edited July 23, 2022 by socrates469bc 3 Link to comment Share on other sites More sharing options...
Bigbird Posted July 25, 2022 Author Share Posted July 25, 2022 On 7/23/2022 at 12:27 PM, socrates469bc said: then limpeh use simple drawings to explain to all u innocent pappy serfs. at first, it is resulting in low inflation. now, it is resulting in inflation. but becos of large influx of money over the past 15 yrs, the result is wahahahahahahaha Gold in Singapore Dollar 1 Year price chart Open: 2,451.08 Low: 2,344.50 High: 2,744.52 Close: 2,386.78 So why is Gold prices falling since Gold is known to be acquired to hedge against inflation and all the monetary fallout! Prices of Gold should go up right? I am still confuse leh! 1 Link to comment Share on other sites More sharing options...
The_King Posted July 26, 2022 Share Posted July 26, 2022 13 hours ago, Bigbird said: Gold in Singapore Dollar 1 Year price chart Open: 2,451.08 Low: 2,344.50 High: 2,744.52 Close: 2,386.78 So why is Gold prices falling since Gold is known to be acquired to hedge against inflation and all the monetary fallout! Prices of Gold should go up right? I am still confuse leh! gold is manipulate 2 1 Link to comment Share on other sites More sharing options...
Huat Zai Posted July 26, 2022 Share Posted July 26, 2022 19 hours ago, Bigbird said: Gold in Singapore Dollar 1 Year price chart Open: 2,451.08 Low: 2,344.50 High: 2,744.52 Close: 2,386.78 So why is Gold prices falling since Gold is known to be acquired to hedge against inflation and all the monetary fallout! Prices of Gold should go up right? I am still confuse leh! 6 hours ago, The_King said: gold is manipulate Someone or someones are loading the trebuchet 2 1 Official Mugentech Minecraft server: Please see thread in Gamers Link to comment Share on other sites More sharing options...
socrates469bc Posted July 26, 2022 Share Posted July 26, 2022 20 hours ago, Bigbird said: Gold in Singapore Dollar 1 Year price chart Open: 2,451.08 Low: 2,344.50 High: 2,744.52 Close: 2,386.78 So why is Gold prices falling since Gold is known to be acquired to hedge against inflation and all the monetary fallout! Prices of Gold should go up right? I am still confuse leh! 6 hours ago, The_King said: gold is manipulate 28 minutes ago, Huat Zai said: Someone or someones are loading the trebuchet pappy serfs jiu shi pappy serfs. the reason why gold prices not moving higher is becos the past expectation of inflation has now materialize liao. gold market also not so easy to manipulate de since there is the london/ny/tokyo/zurich otc, nymex/tocom futures and then etfs. if someone want to corner and manipulate market, they will target a market with limited players and liquidity or they hold the supply. thats why seldom see market manipulation in generally traded agri-commodities. wahahahahahahahahahahaha 2 1 Link to comment Share on other sites More sharing options...
Huat Zai Posted July 26, 2022 Share Posted July 26, 2022 2 minutes ago, socrates469bc said: pappy serfs jiu shi pappy serfs. the reason why gold prices not moving higher is becos the past expectation of inflation has now materialize liao. gold market also not so easy to manipulate de since there is the london/ny/tokyo/zurich otc, nymex/tocom futures and then etfs. if someone want to corner and manipulate market, they will target a market with limited players and liquidity or they hold the supply. thats why seldom see market manipulation in generally traded agri-commodities. wahahahahahahahahahahaha Either way, buying gold now in small increment is good, no? 1 1 Official Mugentech Minecraft server: Please see thread in Gamers Link to comment Share on other sites More sharing options...
Satki Posted July 26, 2022 Share Posted July 26, 2022 so buy now since it is dip? or wait for it to go lower? 1 1 Link to comment Share on other sites More sharing options...
The_King Posted July 26, 2022 Share Posted July 26, 2022 10 minutes ago, Huat Zai said: Either way, buying gold now in small increment is good, no? Me average out. 1 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted July 26, 2022 Share Posted July 26, 2022 1 hour ago, Huat Zai said: Either way, buying gold now in small increment is good, no? 1 hour ago, Satki said: so buy now since it is dip? or wait for it to go lower? 1 hour ago, The_King said: Me average out. limpeh buy gold miners such as anglogold ashanti or freeport or newcrest at attractive valuation better. wahahahahahahahahaha 2 Link to comment Share on other sites More sharing options...
Bigbird Posted July 26, 2022 Author Share Posted July 26, 2022 4 hours ago, The_King said: Me average out. 4 hours ago, Satki said: so buy now since it is dip? or wait for it to go lower? 4 hours ago, Huat Zai said: Either way, buying gold now in small increment is good, no? DCA is practice by most people investing in gold. I also timing my next purchase, but looking at the chart weekly. I wonder when is close to optimal entry. It's dropping to close to 1 yr low liao! I feel institution buyers are still dumping gold since may. 2 1 Link to comment Share on other sites More sharing options...
Bigbird Posted July 26, 2022 Author Share Posted July 26, 2022 3 hours ago, socrates469bc said: limpeh buy gold miners such as anglogold ashanti or freeport or newcrest at attractive valuation better. wahahahahahahahahaha Wah you are higher level investor. But their share price is quite constant leh! 1 2 Link to comment Share on other sites More sharing options...
The_King Posted July 26, 2022 Share Posted July 26, 2022 4 minutes ago, Bigbird said: DCA is practice by most people investing in gold. I also timing my next purchase, but looking at the chart weekly. I wonder when is close to optimal entry. It's dropping to close to 1 yr low liao! I feel institution buyers are still dumping gold since may. me stil lwaiting 1 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted July 26, 2022 Share Posted July 26, 2022 22 minutes ago, Bigbird said: Wah you are higher level investor. But their share price is quite constant leh! bird didi jiu shi na mo innocent like the rest of the pappy serfs de. when most of the market not looking at this stock early last yr, limpeh bot 2 lots at average usd50 and sold out ard usd90. wahahahahahahahahaha 1 Link to comment Share on other sites More sharing options...
Bigbird Posted July 26, 2022 Author Share Posted July 26, 2022 27 minutes ago, socrates469bc said: bird didi jiu shi na mo innocent like the rest of the pappy serfs de. when most of the market not looking at this stock early last yr, limpeh bot 2 lots at average usd50 and sold out ard usd90. wahahahahahahahahaha You are expert investor & invest for a living mah! I am just a noob! Please many many teach me! 1 1 Link to comment Share on other sites More sharing options...
socrates469bc Posted July 26, 2022 Share Posted July 26, 2022 19 minutes ago, Bigbird said: You are expert investor & invest for a living mah! I am just a noob! Please many many teach me! smlj expert investor is bluff kumgong serfs de. limpeh has alrdy given limpeh's secret here b4 liao and limpeh will give again. if bird didi has the intelligence to grasp, bird didi can do better than limpeh. plenty of common sense, plenty of patience and plenty of guts. wahahahahahahahahahahaha 1 Link to comment Share on other sites More sharing options...
Satki Posted July 27, 2022 Share Posted July 27, 2022 18 hours ago, socrates469bc said: plenty of common sense, plenty of patience and plenty of guts. This one sound like advice given by buffet chap 3 Link to comment Share on other sites More sharing options...
socrates469bc Posted July 27, 2022 Share Posted July 27, 2022 (edited) 2 hours ago, Satki said: This one sound like advice given by buffet chap limpeh is more Marc. wahahahahahahahahahahahaha Edited July 27, 2022 by socrates469bc 2 Link to comment Share on other sites More sharing options...
Bigbird Posted July 27, 2022 Author Share Posted July 27, 2022 23 hours ago, socrates469bc said: smlj expert investor is bluff kumgong serfs de. limpeh has alrdy given limpeh's secret here b4 liao and limpeh will give again. if bird didi has the intelligence to grasp, bird didi can do better than limpeh. plenty of common sense, plenty of patience and plenty of guts. wahahahahahahahahahahaha I dont have the investment EQ & IQ leh! If so easy, everybody will become warren Buffet liao! "plenty of common sense, plenty of patience and plenty of guts." <--- This sounds so simple yet so hard to accomplish! 2 Link to comment Share on other sites More sharing options...
socrates469bc Posted July 27, 2022 Share Posted July 27, 2022 (edited) 42 minutes ago, Bigbird said: I dont have the investment EQ & IQ leh! If so easy, everybody will become warren Buffet liao! "plenty of common sense, plenty of patience and plenty of guts." <--- This sounds so simple yet so hard to accomplish! b4 limpeh enter into a stock, limpeh always ask myself what is the expected return from this stock, the time horizon and what r the downsides. there is a reason why limpeh didnt enter tiongland bank stocks last mth and just hold onto limpeh's realized profit from wilmar/adm/bumitama. wahahahahahahahaha Edited July 27, 2022 by socrates469bc 2 1 Link to comment Share on other sites More sharing options...
Satki Posted July 28, 2022 Share Posted July 28, 2022 Musk says Lithium Refining is a good sure bet any stock that are in this line? 2 Link to comment Share on other sites More sharing options...
aaur4man Posted July 28, 2022 Share Posted July 28, 2022 how about hydrogen fuel, fuel cell related companies? 2 Link to comment Share on other sites More sharing options...
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