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dsking Pillar of the Community United States 2365 Posts	Posted 05/13/2006 10:59 pm Hey CiScO.......I think I'll let you keep this thread going! I'll chime in with my 2 cents (bad pun) worth here and there. Our 401 is in Gold Bonds.....not too shabby a week! As for $800......not for a few weeks (maybe, sort of, uh, who knows)!!!!!!!! I do know one thing.....it'll get there! Report this Post to the Staff
crystalk64 Pillar Of The Community 3147 Posts	Posted 05/14/2006 10:30 am Shatsi I think the FIRST year buffalo gold will hold its value and I don't see tons of them being struck due to the price of gold at this time. They have already announced the 2007 offerings will include the 1/10 ounce, 1/4 ounce, 1/2 ounce and the full ounce so waiting 6 months might be a good thing or, should gold keep rising, a bad thing? I really don't think you will ever see $300 gold again! I actually bought a little yesterday as I really feel what we are seeing right now may be the last "low" prices for a long time. I do think the climb will continue and the little guy will get squeezed pretty hard! The important thing is to follow your instincts and your heart and enjoy what ever you do purchase! We can all worry about profit and loss some years down the road! Report this Post to the Staff
ageka Pillar of the Community Belgium 2078 Posts	Posted 05/14/2006 12:01 pm My photograding friend ( who apart from being an ex coindealer is a programmer by profession ) and myself have put together a timing cycle system ( I have been teaching statistics for a while ) According to this system the gold high if it is not in yet will be in by may 26 th with 98.75 % certainty on a left hand tail bell shape curve and 14 cycles sofar . The point however is that this cycle is part of a monthly cycle that will not peak right now but later. So the weather prediction is as follows A short term high by 26 th latest followed by a sharp short down move to scare everybody or just a 35 days sideways to bore everybody to death Our system does not allow price predictions but for that there are the good ole Edwards and Magee supplemented with the good ole Fibonnaci retracement levels or just a 200 day moving average Report this Post to the Staff
dsking Pillar of the Community United States 2365 Posts	Posted 05/14/2006 4:13 pm Interesting system Ageka! There seems to be so many variables (i.e. headlines and World markets), but each of them has already influenced the stats so far that you may have quite a system here. I'll cheer you on for the 26th to maintain/close at or above $800! Report this Post to the Staff
ageka Pillar of the Community Belgium 2078 Posts	Posted 05/15/2006 07:58 am Well it looks like the short term top was in on friday Now I will be looking at the next short term bottom as a buing oportunity 800 will have to wait for the next cycle high If the shortterm high was in on friday the cumulative probability was only 17.5% But that is what is up with statistics they are only probabilities Report this Post to the Staff
shatsi Pillar of the Community United States 1541 Posts	Posted 05/15/2006 4:56 pm quote: Originally posted by crystalk64 Dogman I would wait until June and buy two of the FIRST ever pure gold Indian/Buffalo one ounce gold pieces that will be released then. Next year they will be doing the same coin in tenth, quarter and half ounce as well but do believe these 2006 ounce coins will be a good buy due to the fact they are the first 24K gold from the U.S. and they will only be around for 6 months before the date must change. I would give it a little thought! Just curious... Any reason for buying 2? Report this Post to the Staff
crystalk64 Pillar Of The Community 3147 Posts	Posted 05/15/2006 7:00 pm I usually buy two of everything, when I can afford it, and then should that particular coin explode on the market I can sell one off and, many times, make enough money to provide the first one free or nearly so. With the market being so hot right now almost everything across the board has risen in value so I continue to play the game. Report this Post to the Staff
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