Tom Fitzpatrick predicts 3,500 $ gold and 100 $ silver

Discussion in 'General Precious Metals Discussion' started by TreasureHunter, Sep 4, 2013.

  1. TreasureHunter

    TreasureHunter Well-Known Member

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    TreasureHunter, Sep 4, 2013
    #1
  2. willrocks

    willrocks Well-Known Member Silver Stacker

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    It's always 'just around the corner'.
     
    willrocks, Sep 4, 2013
    #2
  3. finicky

    finicky Well-Known Member Silver Stacker

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    Won't be long now :)
     
    finicky, Sep 4, 2013
    #3
  4. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    I dont seee the GSR going to 35

    a 4 x rise in silver with gold only rising 2 x seems unlikely
     
    Court Jester, Sep 4, 2013
    #4
  5. Spode

    Spode Member

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    To da moon!
     
    Spode, Sep 4, 2013
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  6. Court Jester

    Court Jester Well-Known Member Silver Stacker

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    To DA SAtorage shed silver is down
     
    Court Jester, Sep 4, 2013
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  7. Old Codger

    Old Codger Active Member Silver Stacker

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    Anyone can make these sort of predictions. "A few years" is meaningless.


    OC
     
    Old Codger, Sep 4, 2013
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  8. Hickson

    Hickson Member Silver Stacker

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    Why don't we all just predict.. great idea
     
    Hickson, Sep 6, 2013
    #8
  9. Phiber

    Phiber Well-Known Member Silver Stacker

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    Another load of crap by another dickhead would should just shut up.
     
    Phiber, Sep 6, 2013
    #9
  10. wasilver

    wasilver Member Silver Stacker

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    I predict gold to $100,000 (give or take 1-99%) within the near future (1-1000 years) and silver to make similar gains.

    I suggest everyone goes all in.

    As much credibility as taking a billion dollar cheque from the Bank of Somalia.....(apologies to any Somalian Bank employees who may be reading)
     
    wasilver, Sep 6, 2013
    #10
  11. Fat Freddy

    Fat Freddy New Member

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    The one truly noteworthy thing here isn't that idiotic prediction -- it's the unbelievable fact that that idiot gets paid money for saying idiotic things like that.
     
    Fat Freddy, Sep 6, 2013
    #11
  12. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    The problem with the language of commentators is that they monetise the outcome on the same failed currency that leads to the outcome.

    $3,500 gold could well happen in a few years, so what, if it only has the same buying power of $750 gold today!

    We need a new paradigm, perhaps we need a standardised working fortnight. At the moment 1oz gold will substain a person for a fortnight, what will $3,500 do for you in a few years? 1/2, 1, 2, or more fortnights?

    We stack for a number of reasons but I doubt if silver goes to da moon that we will want the $300 per ounce in fiat at the end. That will not be a winning play. We will want fortnights!
     
    sammysilver, Sep 6, 2013
    #12

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