Gold Nears $1200 As The Dollar Tumbles To 2017 Lows

Tyler Durden's picture

Gold is now up almost 4% year-to-date, approaching $1200 - 8 week-highs...

As the USD Index plunges to 2017 lows after Trump's disappointing press conference...

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svs9000's picture

I Love........GGGGOOOOLLLLD!!!

BaBaBouy's picture

""Gold Nears $1200 As The Dollar Tumbles To 2017 Lows""

Butt 2017 Just Started ~

wee-weed up's picture

Wait for it... here comes the Fed monkeyhammer!

BullyDog's picture

Earl Thompson feb 4 1637 :   "Tulip Bulbs are here forever, nobody ever lost their shirt owning tulip bulbs"

Jewish financial advisor to King Alyattes of Lydia may 29  585BC:  Gold will never stand the test of time!

 

Phonystar,  digital is the future Bitcoin is here forever

American Psycho's picture

Waiting for a few BB in notional to be dumped.  Because why not?

beemasters's picture

Bet there were more 2017 lows an highs on the second day of Jan.

jus_lite_reading's picture

"If it ain't in my hands, it ain't real."

Sell your house. Sell your car. Sell your wife. Buy PM's bitches!

Kaiser Sousa's picture

that was a cool article to share with the clueless many of which unfortunately will remain clueless...

appreciate ur efforts nonetheless...

Raffie's picture

I'm a silver bug, BUT PM tend to go up and down together.

Gold has been pounded for a LONG time.

We know in time it is going to go ultra high, but no one knows when and if they did the powers that be will have them killed.

Youri Carma's picture

Yessssss!!!! Gold Always believe in .... Gold, Your indestructible, GOLD!!! https://www.youtube.com/watch?v=gSq8ZBdSxNU

E.F. Mutton's picture

Someone needs their Stimulus Binky

NugginFuts's picture

Beware Monkeys bearing Hammers.... in 5.....4......3......2......

natronic's picture

Betting on Gold is betting against Trump......Nope not gonna happen!!  That was sooooooo 2016!!!

Justin Case's picture

It's actually the opposite. Betting on Trump spending and cutting taxes is good for gold son. Can you say--->inflation?<---

natronic's picture

Sure if you want $700 Gold go ahead buy buy buy!!

NumNutt's picture

"2017 lows" wow really? look at the chart, we lost 6 days of gain, in the grand scheme of things I don't think this is anything to loose sleep over.

pocomotion's picture

TRUMP!  GO TRUMP!  GET GOLD!

bobo66's picture

"As the USD Index plunges to 2017 lows after Trump's disappointing press conference."  

Agreed.

I was very disappointed he didn't his best Tony Montana impression, whip out a cannon while yelling "Say hello to my little friend". 

Yen Cross's picture

   The usd/jpy also took out that big support level @  114.80.

Soul Glow's picture

What are your current trades?  I was in biotech heavy but just got gutted!  I walked away with a 5% gain in just a month of being in - so 60% yoy - but damn that was rough.  I have no idea what to buy right now so I'm dollar cost averaging into treasuries and gold/silver.

Gold_Member's picture

Im haning on to JNUG for the next few months.  Its not for the faint of heart though, quite risky.

Gold_Member's picture

Im haning on to JNUG for the next few months.  Its not for the faint of heart though, quite risky.

Latitude25's picture

Glad I backed up the truck in November.

 

Bay of Pigs's picture

So you saved these comments for 4 and a half years just to discredit Turd/Craig? For fuck sakes Hazey, get a life. Go fishing or something.

DarkPurpleHaze's picture

I'll acknowledge the redundancy but that post, and many others much more recently, exemplify how off base the guy is or now pretends to be. And no, I didn't save it for 4 years. It's old but the idiocy of it sheds some light I think into the here and now as $1200 is trying to be reestablished and is being talked about again.

You and I and others who've been around know all about the B.S. over the years we've seen put forth by him or others. So yeah, it's old news to you/I. I've had plenty to say online about others and not just him. 

But to others/newbs who've just entered "the game" and have just "awoken" are  just starting to come across some of his (and others) nonsense for the first time that the shills hope no one ever remembers or connects the dots on a pattern of behavior that hopes to suck some people in. Clearly that's the M.O.

Posts and conversations like this serve that purpose of people taking notice. Turd has discredited himself, I'm just magnifying what was said in the public domain for those who might be suspectible to his pandering. Thanks for your magnifying glass as well into this.

Have a safe/prosperous/ healthy new year.

GGuy's picture

Quite cowardly to attack him, BOP, and not his factual post.

Bay of Pigs's picture

Dude, I go way back with DPH and Turd. He knows what I mean. In fact, I was banned by Turds moderator Stephanie/Calamity Jane for her attempt to stifle real debate and honesty at that site. I was ranked the #1 poster there when I was booted. I know all too well about perma bulls and bears when it comes to PM's.

And nobody's ever called me a coward here before.

Seasmoke's picture

Still has a long way to go to get to $1330 on election night. Plus the 2 months since that collapse. Should be $1500 by inauguration !!!!

Kaiser Sousa's picture

stop VALUING REAL MONEY in the worthless debt coupon dollar...

Safelyundergroundlul's picture

Please wait till September until I can buy gold. Pretty please. 

Dragon HAwk's picture

I had some PM's gave it all to the Salvation Army, Just haven't figured out which Bucket to drop it into.

Lost in translation's picture

Put it in the one marked "Loomis"

inosent's picture

disappointing press conference? call me crazy, but that was the best press conference i have seen in 35 years.

prefan4200's picture

Agreed.  Calling out CNN like that and refusing to take their question was utterly priceless.  I hope Trump doesn't change on that particular point - put the MSM on defense every day.

Lost in translation's picture

< Au bottom still ahead

< Au only goes up from here

Dr.Carl's picture

 

 

Laughing all the waye to the bank LOSERS!!

LowerSlowerDelaware_LSD's picture

It's always good marketing for a spammer to call its potential customers "LOSERS." LOL!

You guys keep doing the opposite of what works. No doubt that's why you've gone into the spam business: your trading system lost everything for you.

Oh, and dr dot carl, it is spelled way, not waye. Just wanted to help your marketing team out, oh smart doctor. You're welcome.

Dr.Carl's picture

Loving Life

 

ShepWave reversed their sell signal and went long gold on December 28TH.  

 

Thanks guys.

 

I am sure that HokumY ande LowerDelewareLoser both caught this trade too.You know they are brilliant

 

Laughing all the waye to the bank LOSERS!!

LowerSlowerDelaware_LSD's picture

.

NEVER TRUST A COMPANY THAT HAS TO RESORT TO A FLOOD OF SPAM COMMENTS FOR ADVERTISING.
.

This failed trader now has **many** spam accounts on ZH. Note how they are always the same ones talking between themselves, giving themselves thumbs ups, and ripping into people asking them to stop the spam flood. Sadly, for them, time spent spamming is more profitable than trading and/or selling their "awesome," "always right," trade "analysis."

The spam accounts (not doubt they have more) : AliSONY, Babs.St.Louis, Billy G, Chi Juan, Dr.Carl, ErikE, FemDayTrader, Irvingm, jasony, John Beau, KC Spike, MadhyaBharatx, MexInvest, MikeM54, Mon T, P Christmas Carole, Penny Trader, Pinky and the Brain, RonnieM, Sonya B59, Stan Your Man, StevieTexie, Van G, and wisetrader224

Dr.Carl's picture

Loving Life

 

ShepWave reversed their sell signal and went long gold on December 28TH.  

 

Thanks guys.

 

I am sure that HokumY ande LowerDelewareLoser both caught this trade too.You know they are brilliant

 

Laughing all the waye to the bank LOSERS!!

FemDayTrader's picture

Their gold analysis has been absolutely amazing for the past decade at least.  Thier past charts prove that. They used to have some of their old gold charts posted on their FB page but now they have the ndx trade from December 2

 

https://www.facebook.com/Stock-Market-Technical-Analysis-Elliott-Wave-Theory-166578775325/?hc_ref=PAGES_TIMELINE&fref=nf

Babs.St.Louis's picture

yes all of their analysis is dead on. Thier past charts PROVE that. But there are very few actual traders on here. Mostly on ZH is liberals who want to give conservatives a hard time. They have no money in the markets and it shows in their ignorant comments. 

LowerSlowerDelaware_LSD's picture

.

NEVER TRUST A COMPANY THAT HAS TO RESORT TO A FLOOD OF SPAM COMMENTS FOR ADVERTISING.
.

This failed trader now has **many** spam accounts on ZH. Note how they are always the same ones talking between themselves, giving themselves thumbs ups, and ripping into people asking them to stop the spam flood. Sadly, for them, time spent spamming is more profitable than trading and/or selling their "awesome," "always right," trade "analysis."

The spam accounts (not doubt they have more) : AliSONY, Babs.St.Louis, Billy G, Chi Juan, Dr.Carl, ErikE, FemDayTrader, Irvingm, jasony, John Beau, KC Spike, MadhyaBharatx, MexInvest, MikeM54, Mon T, P Christmas Carole, Penny Trader, Pinky and the Brain, RonnieM, Sonya B59, Stan Your Man, StevieTexie, Van G, and wisetrader224

Traderone's picture

AliSONY, Babs.St.Louis, Billy G, Chi Juan, Dr.Carl, ErikE, FemDayTrader, Irvingm, John Beau, MexInvest, MikeM54, P Christmas Carole, RonnieM, Sonya B59, StevieTexie, Van G, wisetrader224

For the attention of Newbies or the Hard of Thinking: Those mentioned above are failed traders who are now trying to make money by encouraging you to subscribe to their Bullshit Signalling Service in order to pay their bills. Simply put if they could trade they wouldn't be here, they would be trading, DO NOT fall for this nonsense.

AliSONY's picture

Typical loser red herring argument.

 

You keep losing so when the real traders  of us here make money you take the typical liberal response to attack and make ignorant statements without doing any research 

 

Typical loser liberals

AliSONY's picture

Typical loser red herring argument.

 

You keep losing so when the real traders  of us here make money you take the typical liberal response to attack and make ignorant statements without doing any research 

 

Typical loser liberals