Gold price forecasts of major banks

projack

projack

Well-Known Member
Silver Stacker
44_gold_forcast.jpg
 
Nice bit of info there projack. My gold holding is still back in the UK, so it was nice to see the Barclays forecast... Interesting seeing the NAB outlook, with a $200 lower variance from the apparent norm - wonder why?
 
RhythmDoctor said:
Nice bit of info there projack. My gold holding is still back in the UK, so it was nice to see the Barclays forecast... Interesting seeing the NAB outlook, with a $200 lower variance from the apparent norm - wonder why?
Click to expand...

play down the gold price so people dont invest in it. Really banks hate gold, wouldnt take any notice of those predictions
 
Can't help but notice every bank listed except NAB expects gold remaining above US$1500/oz in 2011 Q2.

Also sticks out in terms of Tier 1 capital value, NAB isn't worth being listed alongside the likes of JPMorgan.

Very much inclined to agree with Deutsche Bank - as long as I get to load up on a dip down to US$1300 first. :lol:
 
NAB has it going backwards!!!! Bwhahahah! those guys crack me up every time..where's Barbara? :D
 
NAB is also the only Australian bank in that list.

Are all the prices in USD ?! Maybe NAB has weighted in the AUD move vs USD and come up with that forecast.

or some type of Aussie/AUD/mineral resource mating call to the other global banks.
 
THUCYDIDES79 said:
NAB is also the only Australian bank in that list.

Maybe NAB has weighted in the AUD move vs USD and come up with that forecast.
Click to expand...

As the bank with the 3rd highest exposure to the Aussie housing market...their forecast seems more like a prayer.

They're gunna need a priest and a miracle to pull 'em out the impending....
179_shitstorm-inside-labors-darkest-days.jpg

www.readings.com.au
 
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