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d00d | 11-25-2007 05:09 PM
Does gold and silver drop after Christmas? new to this, thanks

Master_Ho | 11-25-2007 05:23 PM
Re: Does gold and silver drop after Christmas? Quote:
Originally Posted by d00d (Post 845335) new to this, thanks
Not generally - tho some years its different - but you have Chinese New Year, which is gold oriented, and then an Indian marriage season, also gold oriented........... The general belief is "Sell in May, go away!"........but there are years that hasn't been true too...........

d00d | 11-25-2007 05:25 PM
Re: Does gold and silver drop after Christmas? I should have said I now have no gold and all silver. is may the same for silver?

sanyo | 11-25-2007 05:33 PM
This is it The $ is dying.

Master_Ho | 11-25-2007 05:33 PM
Re: Does gold and silver drop after Christmas? Quote:
Originally Posted by d00d (Post 845349) I should have said I now have no gold and all silver. is may the same for silver?
I figured you were going to say that.......... With silver to a lesser extent and not necessarily in the same ratio........ With gold and silver - you buy, you put it away and forget about it.........sort of............... You don't watch the little ups and downs or you will give yourself an ulcer........ I know you bought and it went down a little - thats common - happens all the time........... You have to remember you are a LONG-TERM investor.............relax and know it will go way up from when you bought..........

Weatherman | 11-25-2007 06:27 PM
Re: Does gold and silver drop after Christmas? Quote:
Does gold and silver drop after Christmas?
Absolutely! Gold will drop from its high of $1,023 (end of February?) all the way back down to a brief low of only $887 (early March?), and all of us will be holding a wake for the profits that disappeared! :D

j-son | 11-25-2007 07:20 PM
Re: Does gold and silver drop after Christmas? you have no gold? even the name of this website doesnt mention any other metal. gotta get some gold...once you get your first ounce you will be hooked.

Krugerrand | 11-26-2007 03:14 AM
Re: Does gold and silver drop after Christmas? Quote:
Originally Posted by j-son (Post 845471) gotta get some gold...once you get your first ounce you will be hooked.
A well-spoken man right here. :applause_ :applause_ :applause_ d00d, a resource you might check out is http://www.kitco.com/charts/ - you can do research into past years' prices, look at year by year charts, and try and get an idea of any seasonal swings. Also, take a look at the "technical charts" section for gold/silver. Has the 30 and 200 day moving averages marked out in 1, 2, 5, 10-yr charts.

REV127 | 11-26-2007 06:58 PM
Re: Does gold and silver drop after Christmas? Second week of December usually sees a drop. Then another between Jan/Feb. <CENTER>http://www.kitco.com/LFgif/ag2002.gif</CENTER> <CENTER>http://www.kitco.com/LFgif/ag2003.gif</CENTER> <CENTER>http://www.kitco.com/LFgif/ag2004.gif</CENTER> <CENTER>http://www.kitco.com/LFgif/ag2005.gif</CENTER> <CENTER>http://www.kitco.com/LFgif/ag2006.gif</CENTER> <CENTER>http://www.kitco.com/LFgif/ag2007.gif</CENTER><CENTER> </CENTER><CENTER> </CENTER><CENTER> <CENTER>http://www.kitco.com/LFgif/au2002.gif</CENTER> <CENTER>http://www.kitco.com/LFgif/au2003.gif</CENTER> <CENTER>http://www.kitco.com/LFgif/au2004.gif</CENTER> <CENTER>http://www.kitco.com/LFgif/au2005.gif</CENTER> <CENTER>http://www.kitco.com/LFgif/au2006.gif</CENTER> <CENTER>http://www.kitco.com/LFgif/au2007.gif</CENTER><CENTER> </CENTER><CENTER> </CENTER><CENTER> There is a chance we've seen December's drop in November this year.</CENTER></CENTER>

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