Peter Davis

Posts Tagged ‘gold in my pocket

Gold Off Recent High

Posted by: Peter Davis on: March 3, 2009

Gold has been dropping like a “gold brick” in the past week and is retracting from a recent high of $1000 per ounce.  This perhaps is a good buying opportunity before it shoots up again.
The only problem is that gold is scarce but I keep calling all the local dealers to see if someone is [...]

Gold Closed Today at $1,001.80

Posted by: Peter Davis on: February 21, 2009

My prediction that gold would hit $1,000 per ounce by the end of March came a little early when gold closed today at $1,001.80.
It took nearly 6 months after the 2008 financial panic that gold is finally is starting to glitter.  I was surprised that the price was held so low since the demand for [...]

When Will Gold Hit $1000? Soon.

Posted by: Peter Davis on: February 11, 2009

I predict that gold will hit $1000 mark by the end of March 2009.  I’m so confident that the dollar is dying with all this deficit and reckless spending by our Government, that Gold may be our last resort to preserving our wealth.
There may be some resistence to pass the $1000 mark, but 2T in [...]

Forget Diamonds, Gold is a Girls Best Friend

Posted by: Peter Davis on: October 6, 2008

No, the biggest bank bailout robbery in history won’t help us.
Gold is up $40 in early trading today (10/5).
Interesting point of view on where Gold and Silver are heading:
Argentum et aurum comparenda sunt — – Gold and silver must be bought.
Disclosure: I’m either in cash, the yellow metal or gold (NYSE:GLD) and I’m still buying [...]

I Feel Safer With Gold in My Pocket

Posted by: Peter Davis on: September 24, 2008

Today I bought 2 oz of gold and I feel much safer with gold in my pocket.  It was a relief to get rid of the $1874 USD from my wallet and 4-1/2 oz eagles into my front pocket.
Somehow when carrying around that much cash, you get this strange feeling that someone is gonna conk [...]


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