Why gold prices wont rise in 2014

Channel 9 doesn't want you to buy gold http://finance.ninemsn.com.au/newsbusiness/motley/8768648/why-gold-prices-wont-rise-in-2014

What a joke... Insinuating that the US economy will recover next year

 

Ahh well.... alternate media has been insinuating the gold price will recover for the last 2 years. :/

 

In 5, 10, 20, years time or less I would like to think the stackers would have done very well.

And if I'm wrong my kids will have some heavy metal to chuck at me

 

That's the worst piece of Media garbage I've read in a while. :lol:

Thanks for sharing the link salty.

Newcrest mining...it's the management at fault...nothing more! NCM has had $5.8 billion dollar ($5,800,000,000) loss, the biggest in the company's history. Crap management who stuffed up when they purchased Lihir imo.


US Federal Reserve cuts back quantitative easing Total BS...how can they? The US just proved that they can't pay their citizens pensions...Government pers or military. If they stop QE they can't pay their debts! The USA is broke!


US economy is beginning to sprout again BS again! How are these job numbers? How the turtle can an economy produce more and get more tax revenue if "The Public service is expaned? An expanded public service / increased government does not provide more tax revenue...those jobs are paid for by the Tax payer or more rightly Ben B's printing press.

Real jobs come from industries that produce and contribute to the GDP.

And...Job numbers mean sweet F all because numbers have nothing to do with tax revenue. A million new jobs at $7 bucks an hour is a little different to a Million jobs earning $70 an hour.

 

Big financiers in the USA caused the global meltdown and all that bullshit about recovery is a myth. Some indicators might suggest a recovery but my US stocks are still worth squat, the dollar is falling against sterling and the USA national debt remains stellar with a possible default looming in the Spring. Propaganda from certain sectors I reckon.

 

http://www.bloomberg.com/quote/USGG10YR:IND

 

So they're basically saying we have a year to accumulate at depressed prices?

M'kay

 

Big A.D. my thoughts exactly. I read a similar story on the outlook of gold yesterday (I am sure it was in the AFR). I thought great a chance to increase holdings at cheaper prices. When China stops buying I probably will...

 

Why gold WILL skyrocket.
A-it is on the nose at the moment.
B-USA is flat broke.
C-Australia is going broke.
D-Money is printed out of paper, so is toilet paper.
E-Money is backed by promises only.
F-Gold is very hard to find. We crush and process a tonne of rock for about a gram of gold.
G-Smart people buy it like Chinese and Indians.
H- Investment advisors pump the share market with unrealistic P.E. ratios.
I- Most economic indicators are rigged by governments and the media.
J- Mining costs are rising.
K-More money printing or the game is over.
L- Bitcoin is here ( tulip days).
M-Arabs won't accept monopoly paper for oil anymore.
N-Governments will tax bullion.
O-Interest rates will rise.
P-Metals are scarce and now too cheap.
Q-The bible talks about the only worldly treasures , being gold and silver.
R-Because it can save your life.( Jews in WW2)
S-Our Granddad's told us to buy it.
T-Women love it.
U-It is valuable and exchangeable all over the world.
V-Small enough to carry and hide.
W-Banks secretly hold it.
X-It is hoarded and stacked.
Y- Because......
Z-Because.................. And Because..................................

 

I did say along time ago that if Obama gets away with raising the debt ceiling again which we will see in Jan/Feb that it may cause PMs to drop off a cliff because there will be no looming default scenario......As far as I can tell The fed can keep printing for a long time yet?

 

Let's hope it doesn't take 15 years that's all ...

 

China is digging more and more gold out of the ground,

when more gold is being dug out, the price is not going up anytime soon.

its not bitcoins or tulips

 

Glad to see you know it all 8)

 

Obviously didn't predict the graphics card of the new X-Box "ONE"

 

Most probably the likely outcome for the January Low as stipulated by a certain M.A.

 

Think we need to wait till Yellen gets in to see if she tapers even further or just sits on the sidelines and waits for economy to improve after the 'Taper Lite' like they think/believe is goin to happen?

I reckon the latter will happen. And I just don't know where all the jobs are going to miraculously appear to bring the unemployment rate down within 12 months.......Manufacturing is dying in the U.S just like Oz?

 

Check the US debt clock.
Still ticking and USD 20 trillion in sight.
Recovery ?

 

Oh Photonware, don't you know that you are not supposed to count anything past the first $ billion. All those other messy numbers aren't real numbers, they're thrown on for the sake of playing a big game called "worry creates manipulation of the masses".