Finally a realistic prediction from 16 analysts, not one crack pot. And I never knew Soros had more gold than Brazil, lol. Great article on the yellow stuff. http://www.bloomberg.com/news/2012-...cord-prices-seen-on-stimulus-commodities.html
When the big boys are telling you Gold is a relic and not to buy it, you should know by now they're hardcore stackers more than likely. I commented on this before in a similar 'bear' article from one or two of these big investment pundits. It's par for the course that those who are in the know on the reality will employ any means necessary to pull the wool over your eyes and empty your pockets.
Its kind of hard to not see a bright future for metals when you look at world economies. As long as money can be printed our of thin air gold will be a winner.
Yeah and we gotta wait and wait again until Jan 1st 2013 for the U.S fiscal cliff tax heights and spending cuts etc.... then we will see some real action....hold on tight!
Can anyone provide a chart or graph showing annual percentage gains versus highest gain/loss in the year? Jim Sinclair says this range will astound over the next few years, but that the annual percentage gain will also astound.
LOL Jim Sinclair's Commentary The boys will try and throw another block at $2111, but again only temporary.
Maybe the MSM and sheeple will learn the advantages of pm's in 2013 once the fiscal cliff comes? Then we will see ALLLLLLL those futures and shares contracts fail on demand and witness massive supply issues for the p.m dealers??? Stack now while you still can!
"as investment gold is liquidated and supply surges.." - I didnt realise every dollar in the world was backed up by gold... and the quicker supply surges the faster the cost of digging deeper will and should then cancel that out.
It's strange some think MSM give out 'realistic advice' regarding gold now it's above $1500. Especially considering the only investments they've been touting the past decade are either paid for, or follow the status quo. Yet most of the 'crackpots' have been saying buy gold since below $800. At that same time MSM were ignoring gold altogether, or worse.
I follow "lightworkers.org" regularly and mostly in the channelings by spiritual beings. They are saying the old fiat currency will be replaced by Gold backed in the New Year.
I just had an interesting question pop into my mind. What if the procession to a gold backed 'currency basket' international trading medium was orderly? Would this preserve the integrity of the USD and the Euro by pegging them to a standard for international trade and still allow rampant money printing by different country's central banks, whilst other players balance the basket with fiscal responsibility until they in turn start to collapse and the positions are reversed.
I would like to see these words used permanently in all these articles. 1.Allegedly 2.Heresay 3.Fairytale REDBACK
Well, if gold's going to crack the roof, then I'll be on the lookout... but there should be some downward correction right now.
I wouldbt be suprised George Soros who sold last year around 1600 when it was in a so called "ultimate bubble" as increased his firms gold holdings recently at around 1700. How do people that dumb get that rich he would have made 7 percent at least just hanging on to it or if he was really smart waites for at least 1800s last year.
I know where your coming from Redback. Pretty much any thing to do with the future is speculation. If any off us were content with fiat currency and the unsustainable financial system appears to be headed wouldn't be on SS. Sometimes the writing is on walls that not all see....
I think he's really smart and we'll never quite know just how smart. 1600-1700 assumes that that matters to him.
If you can manipulate a market or get good inside information, sell at 1600, buy something else, hold, rent, lease, etc then sell at 3200 and buy back in to gold at 1700 for instance. He would have known gold would be in the doldrums for a year. Now he's back for the next spurt.
