Just thought I would revive this post by House... Thought I would add the $12 soon prediction on 1/16/2016 http://forums.silverstackers.com/topic-71213-we-re-going-to-see-us12-silver-soon.html I looked at 18 predictions (defined time and amount) and he was right on 4.
4 out of 18? :lol: you may now join the list of Leon detractors. Silversearcher, how do you feel about Leon's fail ratio?
The experts use multiple identities for predictions: some bullish and some bearish. Then in a few months or years they abandon the ones with failed predictions and everyone hails the successful identity as a market guru. You then write a book and get to be called a legend on SilverDoctors.
hmm... looks like theres a little bit of validity to the move downward. I'm glad I got out of the bull. The bear is out in force!
Yes, It will or has to drop again because it has reached the high price again in the past 10 years. Source : http://goldprice.org/spot-gold.html
That's not a lot of money. If you are going to do gold up and down, how come you don't use efts like JNUG/JDST and NUGT, etc?
Those miners are heavily manipulated; and there is no COT reports to look at. GLD tracks gold price; and paper gold is vulnerable and theoretically can go to zero
Hi Everyone, It's been a couple of years since I posted ... I have started to seriously consider adding some more physical gold to my personal stack and I would be grateful for some advice. Yesterday, I rang Perth Mint and was quoted $1771.05 plus $17.50 postage and today it appears to be $1752 (1oz bar). Today, I happened to read something online about the sudden overnight drop in the gold price. Some kind of sell off? According to the PM website the current px is $US1331.10...so... *QUESTION* - Should I go ahead with my plan of buying 1 oz every week or so (for as long as I can)? OR is the $1331.10 a break suggesting a //REVERSAL// in the recent bull market run up? In March 2016 there was the GOLDEN CROSS - in one of the Ainslie newsletters it was suggested that this set the scene for the next bull market. Many thanks...