JP Morgan says $2500 by end of year.

Discussion in 'Gold' started by intelligencer, Aug 8, 2011.

  1. intelligencer

    intelligencer Active Member

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    intelligencer, Aug 8, 2011
    #1
  2. Diablo21

    Diablo21 Member

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    Hmm... maybe I should pick up a couple of more ounces, I was saving up for the gold dragon but who knows what price will be once it's released.
     
    Diablo21, Aug 8, 2011
    #2
  3. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    Totally agree with you Intelligencer. I've been focussing on gold of late.
     
    Naphthalene Man, Aug 8, 2011
    #3
  4. Sargeant Argent

    Sargeant Argent New Member

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    Wish I started buying gold when I started buying silver. Hopefully there will be a few drops on its way up.
     
    Sargeant Argent, Aug 9, 2011
    #4
  5. Lucky

    Lucky Well-Known Member Silver Stacker

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    Gold is going to rise astronomically and silver will go wild!!!
     
    Lucky, Aug 9, 2011
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  6. lamp

    lamp New Member

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    Just placed my first "ever" order of an 1 ounce gold coin.
     
    lamp, Aug 9, 2011
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  7. jnkmbx

    jnkmbx Well-Known Member

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    I read about this last night and thought "if JPM wants everyone to buy gold, they must be planning something big".

    I get a feeling they are pumping gold up and will sell when it gets cosy enough for them, bringing the price down. :p
     
    jnkmbx, Aug 9, 2011
    #7
  8. Sargeant Argent

    Sargeant Argent New Member

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    Yeah doesn't make sense for the fed to hype up gold anymore than it is unless they're orchetrating a gain with massive drop so they can short sell like a mofo!
     
    Sargeant Argent, Aug 9, 2011
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  9. lamp

    lamp New Member

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    Too hard to predict/guess, think I should shut off myfelf from the media for a while :)
     
    lamp, Aug 9, 2011
    #9
  10. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    Does anyone really trust JP Morgan and Goldman Sachs? The only reason they EVER make a public announcement of this type is not to inform people, it is to manipulate markets.
     
    Shaddam IV, Aug 9, 2011
    #10
  11. Au.Ag.Mzch

    Au.Ag.Mzch New Member

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    Welcome fellow Gold Finger!
     
    Au.Ag.Mzch, Aug 9, 2011
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  12. CEO10K

    CEO10K New Member

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    I'm wondering whether to wait and see if there is a dip in the price tomorrow or jump on board before it skyrockets off without me. Decisions... Decisions..
     
    CEO10K, Aug 9, 2011
    #12
  13. lamp

    lamp New Member

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    I had the same struggle in the last couple of days too, but ended up going ahead this morning anyway. At the end of the day, whether up or down, I still have a beautiful gold coin to look at :)
     
    lamp, Aug 9, 2011
    #13
  14. Mi lao shu

    Mi lao shu Member

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    If JPM says 2500USD then it going down to 1500USD or skyrocket to 5000USD. At which gold price USA can pay their debts with there gold reserves?
    They can at the end inflate price so much ,and say: "we r sorry , w were wrong, we all need now gold/pm standard''.Everyone else be happy to hear that, madness will stop for moment,and they get portion of that reserves instead worthless Treasury bonds and paper usd.
     
    Mi lao shu, Aug 9, 2011
    #14

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