Gold closed at Sinclair's exponential $1764!

[JohnQPublic]

Tomorrow is destined to be interesting. :D

662

[osoab]

So how is 1764 different from the close above that price point yesterday?

[JohnQPublic]

In reality nothing, but it is a bullseye.

[Serpo]

There was gold before 1764 and there will be gold after 1764.....1764 is a turning point.......ie cash really is worthless.....haha

[JohnQPublic]

Oops- it is actually not closed yet. I saw the flatline, but didn't look at the clock. Too bad!

[Serpo]

Oops- it is actually not closed yet. I saw the flatline, but didn't look at the clock. Too bad!
Close enough and we believe ya

[Hatha Sunahara]

I think it won't go much below 1764 until confidence is restored in the people who run the world. That's how he described it--the loss of confidence, it's where people see the king has no clothes.



Hatha

[Twisted Titan]

I would have been impressed if gold closed at 1776

[JohnQPublic]

Actually, the COMEX closed at $1764.10! From Harvey's blog: "Gold finished the Comex session at $1764.10... (http://harveyorgan.blogspot.com/)"
Globex just closed close to the COMEX finish. Thus tomorrow (and I suspect next week) remains to be interesting.

[beefsteak]

Good deal. Thanks for the follow-up post, JQP!

Now we have two out of two closes at $1,764 or better.

[Horn]

Exponential for sure, makes me long for some of those O-zzzs I've parted with in the past.

[platinumdude]

I would have been impressed if gold closed at 1776

How about 2012.

[Barbaro]

Sinclair is sharp. But let's see it happen.