Gold To Reach 'Undreamed Of Heights' (but first expect a drop)

Discussion in 'Gold' started by SpacePete, Jan 20, 2017.

  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    Something I saw on SeekingAlpha. I'm not paying to hear the full interview but they list the main points:

    Summary: up a little this year, then down a little bit more (China-related deflationary credit contraction), buy @ $900, then gold to the Moon.

     
    SpacePete, Jan 20, 2017
    #1
  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    A couple more of these and you can call me Pete1998.
     
    SpacePete, Jan 20, 2017
    #2
  3. leo25

    leo25 Well-Known Member Silver Stacker

    Joined:
    Jun 8, 2010
    Messages:
    3,590
    Likes Received:
    1,947
    Trophy Points:
    113
    yea I've been hearing people say golds going under $1000 every year and been hearing people saying golds going to the moon. Often from the same people. (cough... martin Armstrong)

    Flip a coin i guess.
     
    leo25, Jan 20, 2017
    #3
  4. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    It's more important to look at the reasons given, and evaluate why they got it wrong.
     
    SpacePete, Jan 20, 2017
    #4

Share This Page