futureofandhra Posted October 7 Report Posted October 7 3 hours ago, RULER said: All Depends on Powell .... Interest Cut: -go up and No cut: - Pullback ... Interest hike: - go back to previous levels Job losses vunnayi ga Will he not cut ?? Quote
jpismahatma Posted October 7 Report Posted October 7 5 hours ago, Konebhar6 said: Buy gold and Silver funds .. They will hit new highs in 2025-2026. How to buy anna? Quote
Konebhar6 Posted October 7 Report Posted October 7 17 minutes ago, jpismahatma said: How to buy anna? SLV and AG 1 Quote
jpismahatma Posted October 8 Report Posted October 8 1 hour ago, Konebhar6 said: SLV and AG Buying gold from Costco. Any thoughts ? Quote
Konebhar6 Posted October 8 Report Posted October 8 6 minutes ago, jpismahatma said: Buying gold from Costco. Any thoughts ? N joy. Quote
jpismahatma Posted October 8 Report Posted October 8 25 minutes ago, Konebhar6 said: N joy. Enjoy endhi bro. As expert want to know your opinion. Quote
Konebhar6 Posted October 8 Report Posted October 8 14 minutes ago, jpismahatma said: Enjoy endhi bro. As expert want to know your opinion. Physical gold- I have never seen anyone sell. But it’s always good to buy gold. For an investment I would rather buy digital assets or ETFs like GLD 1 Quote
RULER Posted October 8 Report Posted October 8 4 hours ago, futureofandhra said: Job losses vunnayi ga Will he not cut ?? Job market is cooling and Market is expecting 100% cut in oct and December the one thing that can stops gold going up is pausing interest cut . until then buyers will be control Quote
CanadianMalodu Posted October 8 Report Posted October 8 23 minutes ago, RULER said: Job market is cooling and Market is expecting 100% cut in oct and December the one thing that can stops gold going up is pausing interest cut . until then buyers will be control How would you then explain the gold price jump from 2022 to 2025? Quote
RULER Posted October 8 Report Posted October 8 13 hours ago, CanadianMalodu said: How would you then explain the gold price jump from 2022 to 2025? Gold has only been trading within a range between 2020 to 2024 ....it’s been trending upward since 2024. Even between April 25 and August 25, it mostly stayed between $3,300 and $3,550. It started upward direction from first fed rate cut in 2024 ... followed by China , India central banks buying gold ... The recent $500 surge over the past month is due to expectations of Fed rate cuts. The rally started when Powell signaled his readiness to cut rates during the Jackson Hole meeting. Quote
CanadianMalodu Posted October 8 Report Posted October 8 Just now, RULER said: Gold has only been trading within a range—it’s been trending upward since 2024. Even between April and August, it mostly stayed between $3,300 and $3,550. The recent $500 surge over the past month is due to expectations of Fed rate cuts. The rally started when Powell signaled his readiness to cut rates during the Jackson Hole meeting. [url=https://postimg.cc/xNmyRxz3][img]https://i.postimg.cc/xNmyRxz3/Screenshot-2025-10-08-101006.png[/img][/url] Gold is up by about 40% from 2022 the start of credit tightening cycle till about end of 2024. I don't know if that's how you define a "range". The fragile state of economy is making it just more precious. Quote
RULER Posted October 8 Report Posted October 8 24 minutes ago, CanadianMalodu said: Gold is up by about 40% from 2022 the start of credit tightening cycle till about end of 2024. I don't know if that's how you define a "range". The fragile state of economy is making it just more precious. Check the chart: In July 2020, gold hit $2,075, dropped to $1,600, and then came back to $2,075 in 2022. and fell again to $1,600, returned to $2,075 in 2023, dropped again, and in 2024 came back to $2,075—finally breaking above that level after the Fed’s first cut in 2024. The price between $1,600 and $2,075 is called a range. A move from $2,075 up toward $4,000 is called an uptrend. 1 Quote
RULER Posted October 8 Report Posted October 8 One example from 1980 gold drop from chat gpt ... Looks very similar scenario now The gold price drop in 1980 was one of the most dramatic in financial history. Here's a clear summary of what happened and why: 📉 What Happened? Gold peaked at around $850/oz in January 1980, a record at the time (equivalent to over $2,800 today when adjusted for inflation). After the peak, gold prices crashed sharply, falling more than 50% within a few years. By 1982, gold was trading below $400/oz—and it continued declining through much of the 1980s and 1990s. 💥 Why Did Gold Crash in 1980 The U.S. Federal Reserve, under Chairman Paul Volcker, raised interest rates aggressively (to fight inflation). Higher rates made bonds and dollars more attractive than gold (which yields nothing). Speculative Bubble Burst: The run-up to $850/oz in early 1980 was fueled by panic and speculation (Iran crisis, Soviet invasion of Afghanistan, oil shocks). Once the geopolitical panic cooled and interest rates rose, the bubble popped. Stronger U.S. Dollar: High interest rates strengthened the dollar. A strong dollar tends to weaken gold prices, as gold is priced in USD globally. 🧠 Key Takeaway: The 1980 gold crash shows how quick changes in monetary policy, inflation, and market sentiment can dramatically reverse a bull run in gold. Quote
RULER Posted October 8 Report Posted October 8 One more example gold drops 45% after recession 📉 Here's what actually happened: ✅ Gold peaked in September 2011 at around $1,920/oz (at that time, an all-time high). 📉 By late 2015, gold had dropped to around $1,050/oz. ➖ That's a decline of about 45% Quote
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