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Gold prices dropping

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    CarolinaEwaste started this thread.
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    Gold prices dropping

    I haven't been one to keep up with gold prices and I'm sure some time or another this is gonna come back and bite me. However I seen BR mention his prices were updated and they expect to see gold drop to $1500/ toz. Anyone watching the prices and see this happening? Kitco says around $1650 now but that is down $78 from the high in the past 30 days. Wondering what those who watch gold closely have to say. Feel free to PM if you would like

    According to this chart of the past 60 days we are on a downhill slope

    http://www.kitco.com/charts/popup/au0060lnb.html

    From what I see in the following 2 charts gold drops off at the beginning of winter and picks back up at the end of winter. Also drops at the beginning of summer and picks back up in the fall. Am I on track here?



    http://www.kitco.com/charts/popup/au0365nyb_.html

    http://www.kitco.com/charts/popup/au1825nyb_.html
    Last edited by CarolinaEwaste; 12-21-2012 at 02:26 AM. Reason: Charts added

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