GOLD - who will prove right?

Discussion in 'Gold' started by finicky, Feb 10, 2014.

  1. finicky

    finicky Well-Known Member Silver Stacker

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    finicky, Feb 10, 2014
    #1
  2. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Holdfast, Feb 10, 2014
    #2
  3. Altima

    Altima Well-Known Member Silver Stacker

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    250 gold.

    If only.
     
    Altima, Feb 10, 2014
    #3
  4. Shamatti

    Shamatti Member

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    Newbie question here.

    If gold does go skyward, will silver go with it? I understand ratios will drop, but silver will still go skywards too right?

    Which if the two would you put your money in if you were starting out today with a blank slate? ;)
     
    Shamatti, Feb 10, 2014
    #4
  5. swoydaz

    swoydaz Well-Known Member Silver Stacker

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    swoydaz, Feb 10, 2014
    #5
  6. Aureus

    Aureus Active Member Silver Stacker

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    hahahahaha.... $700 and lower gold?

    I don't know about a massive rally but gold under 1k doesn't seem at all probable, i'd even go as far as saying possible.
     
    Aureus, Feb 10, 2014
    #6
  7. koolooka

    koolooka Member Silver Stacker

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    I vote for $250 - for stacking sake :cool:
     
    koolooka, Feb 10, 2014
    #7
  8. long88

    long88 Member

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    where is that smack down night ..

    patiently waiting here...
     
    long88, Feb 10, 2014
    #8
  9. swoydaz

    swoydaz Well-Known Member Silver Stacker

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    That puts silver at about $3.60 an ounce

    So my stack would be worth about $500.00

    Hmmmm ... better sell the last of it off then.
     
    swoydaz, Feb 10, 2014
    #9
  10. mmissinglink

    mmissinglink Active Member

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    Absolutely, yes. Silver in recent decades has gone the way of gold by-and-large. I don't think that will change for a long time.
     
    mmissinglink, Feb 10, 2014
    #10
  11. Old Codger

    Old Codger Active Member Silver Stacker

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    Harry Dent!

    Every time i see that name I think of the number 40,000.

    NIL CRED!


    OC
     
    Old Codger, Feb 10, 2014
    #11
  12. Peter

    Peter Well-Known Member

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    I can see the time that gold goes up, and silver goes down.
    Safety vrs speculative industrial metal.
     
    Peter, Feb 10, 2014
    #12
  13. TreasureHunter

    TreasureHunter Well-Known Member

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    I think 900 $ and even 800 $ is possible.

    But... the tapering will backfire. There is not enough cheap money and the US markets are hurting.

    We're in deflation, true. But so many countries are raising interest rates.

    Look at Australia, Japan, Greece, Cyprus (different cases each, I know...). Those are places where those who have gold already are insured against the crises.

    Is gold bad? No!

    All we can say for sure is that owning some gold is a great idea.

    Plus: there are endless reasons why gold can indeed grow in price on the long term.

    Can the US dollar do that?
    Can the euro do that?
    Cant the Japanese yen do that?
     
    TreasureHunter, Feb 10, 2014
    #13
  14. finicky

    finicky Well-Known Member Silver Stacker

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    Found a recent debate between Dent and Schiff! Think it aired in January 2014? ( the date it appeared on peter Schiff blog)

    Inflation-Deflation Debate: Jim Rickards vs Harry Dent
    [youtube]http://www.youtube.com/watch?v=MgHN5WOi0W0#t=22[/youtube]
     
    finicky, Feb 10, 2014
    #14

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