12th September 2013, Gold's next months prices are less

S

Steve_1982

Active Member
#1
#1
On 12th September 2013, a rare thing happened, price of December contract was less than the price of October contract for gold.

Is that a sign that gold is no longer rising in price and it is best only to take short opportunities?
 
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S

Steve_1982

Active Member
#2
#2
Around the 9th of June 2014, newer gold contracts started having a price higher than old contracts.

Looks like gold is back into buy territory.

Opening Gold price on 12th September 2013: 30551 (October 5 2013 contract)
Opening Gold price on 9th June 2014: 25825 (August 5 2014 contract)
 
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cyaninvestment

cyaninvestment

New Member
#3
#3
For that privilege,Gold is at its best it’ll charge you a small fortune. At worst, as we’ve seen with Storm Financial and Opes Prime, they’ll leave you penniless.
So, Start Investing!
 
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