Killer Bunny Posted September 20, 2008 Author Share Posted September 20, 2008 I don't see how he was wrong. His prediction gave no timescale (apart from the year-end bit).People on this forum have a tendency to think in days and weeks, as opposed to years and decades. They really are either trolls or OCDers. (no offence meant if they really do have OCD) Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted September 20, 2008 Author Share Posted September 20, 2008 More short term thinking again. If gold is not well above $1500 by 2011 I'll eat my hat. You have to think long term - longer than weeks or months. Agreed. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted September 20, 2008 Author Share Posted September 20, 2008 I'm still waiting for one of shoeshine boys predictions to actually luck out. Gold last year, gold this year, lehmans, aig, merrills, shares generally, er house prices... You're right, nothing has worked out. You're so right. Show us your many predictions. Quote Link to comment Share on other sites More sharing options...
gravity always wins Posted September 22, 2008 Share Posted September 22, 2008 My qualifications are indeed meaningless in forecasting markets. I agree but that is not what you expwected. My expertise, analysis and experience gives me my forecasting. Ha Ha shoeshine boy. I of course have my very large STR to play with - boy the property market was good to me - how about you? Secondly shorting the Dow when you told everyone to go long has also been good for me HA HA HA HA. You Talk the talk I walk the walk still waiting for you to luck out. Quote Link to comment Share on other sites More sharing options...
gravity always wins Posted September 22, 2008 Share Posted September 22, 2008 Show us your many predictions. When you said the DOW was going to fly I laughed at you (bet against your advice and won) that was a prediction. I was right you were wrong. One day you will luck out shoeshine boy. Even losers win occaisionally. Quote Link to comment Share on other sites More sharing options...
gravity always wins Posted September 22, 2008 Share Posted September 22, 2008 They really are either trolls or OCDers. (no offence meant if they really do have OCD) No not a troll or suffering from OCD you really are an odious individual aren't you! Like the publicity but don't like facing up to your mistakes. Any criticism and you start the name calling. Quote Link to comment Share on other sites More sharing options...
gravity always wins Posted September 22, 2008 Share Posted September 22, 2008 Gold last year, gold this year, lehmans, aig, merrills, shares generally, er house prices...You're right, nothing has worked out. You're so right. Show us your many predictions. So you went short on houses in 2002 - brilliant!! the greatest boom in living memory. And you went long on the DOW during one of the most spectacular drops in its history. Can you show me your earlier gold predictions? I don't recall seeing them. I think you are bullsh*tting me lets see some proof please. Quote Link to comment Share on other sites More sharing options...
bjm81 Posted September 22, 2008 Share Posted September 22, 2008 So you went short on houses in 2002 - brilliant!! the greatest boom in living memory.And you went long on the DOW during one of the most spectacular drops in its history. Can you show me your earlier gold predictions? I don't recall seeing them. I think you are bullsh*tting me lets see some proof please. give it a rest. Hows about you keep your trap shut or post something that I actually want to read and get some benefit from? you are making yourself look like a complete tit. Quote Link to comment Share on other sites More sharing options...
Mish Mash Posted September 22, 2008 Share Posted September 22, 2008 give it a rest.Hows about you keep your trap shut or post something that I actually want to read and get some benefit from? you are making yourself look like a complete tit. No picture of someone yawning? GAW seems to be posting some fairly pertinent points. FP did STR in 2002, about 5 years prior to the peak of the market. He did predict that the DOW would go up when it went down instead, and as soon as he predicted gold would go up (in this very thread in fact) it immediately fell about $100. If FP were able to accept honest criticism, he'd probably find he got an easier ride. None of us is infallible after all. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted September 24, 2008 Author Share Posted September 24, 2008 No picture of someone yawning?GAW seems to be posting some fairly pertinent points. FP did STR in 2002, about 5 years prior to the peak of the market. He did predict that the DOW would go up when it went down instead, and as soon as he predicted gold would go up (in this very thread in fact) it immediately fell about $100. If FP were able to accept honest criticism, he'd probably find he got an easier ride. None of us is infallible after all. Goodness knows how many times one needs to answer these ridiculous comments. And this is not going be yet another time. MM is now 'hidden'. Quote Link to comment Share on other sites More sharing options...
fallingmarket Posted September 24, 2008 Share Posted September 24, 2008 gold is going up longterm ,while the dollar goes down . $100 dollar swings in gold is not a problem if you can stomach it ,the up,s and downs in gold will get a lot stronger. no one can predict gold shorterm it,s to volatile.the only way is up......... Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted September 30, 2008 Author Share Posted September 30, 2008 Through all the groucho marxism yesterday gold rose strongly and stayed above 900. This COULD be significant. If it doesnt fall'now it'ļl go to 1000. Then we need to see if it goes above 1030 (February high) and closesx in NY above. If it does then increasingly likely going to 1250/1500. Same for silver in essence. Quote Link to comment Share on other sites More sharing options...
dellboy Posted September 30, 2008 Share Posted September 30, 2008 Through all the groucho marxism yesterday gold rose strongly and stayed above 900. This COULD be significant. If it doesnt fall'now it'ļl go to 1000. Then we need to see if it goes above 1030 (February high) and closesx in NY above. If it does then increasingly likely going to 1250/1500.Same for silver in essence. Thanks, Financial Planner. Quote Link to comment Share on other sites More sharing options...
Mish Mash Posted September 30, 2008 Share Posted September 30, 2008 Thanks, Financial Planner. For what? Pretty vague advice. Gold could go up higher, or it may fall, or possibly not. Sheesh!! Quote Link to comment Share on other sites More sharing options...
gravity always wins Posted October 1, 2008 Share Posted October 1, 2008 give it a rest.Hows about you keep your trap shut or post something that I actually want to read and get some benefit from? you are making yourself look like a complete tit. Why do you want to censor me? What for? Do you think this forum is for your sole entertainment? What have I posted that is factually incorrect? Please re-read your post above it offers absolutely nothing to any debate what so ever but I will always defend your right to post what you want to. Thats the difference between you and me. Quote Link to comment Share on other sites More sharing options...
fallingmarket Posted October 1, 2008 Share Posted October 1, 2008 fill your your boots while you can afford it,buy the dips average in . INFLATION HAS ENDED AND DEFLATION WHICH HAS BEEN REARING ITS HEAD FOR SOME TIME HAS NOW FINALLY TAKEN OVER. DEFLATION CANNOT BE AVOIDED Quote Link to comment Share on other sites More sharing options...
satsuma Posted October 1, 2008 Share Posted October 1, 2008 fill your your boots while you can afford it,buy the dips average in .INFLATION HAS ENDED AND DEFLATION WHICH HAS BEEN REARING ITS HEAD FOR SOME TIME HAS NOW FINALLY TAKEN OVER. DEFLATION CANNOT BE AVOIDED If you think we are in for deflation would that not mean a drop in the gold price? Quote Link to comment Share on other sites More sharing options...
Mark Uttley Posted October 1, 2008 Share Posted October 1, 2008 fill your your boots while you can afford it,buy the dips average in .DEFLATION CANNOT BE AVOIDED And earlier in the year we were urged to buy gold because...... Read my lips. Deflation is not an option. Quote Link to comment Share on other sites More sharing options...
satsuma Posted October 1, 2008 Share Posted October 1, 2008 And earlier in the year we were urged to buy gold because...... The question is what will gold do now that we are in meltdown. Will it go up as money is created out of thin air or will it go down as we enter recession and deflation. Gold could even spike as investors look for a safe haven. Interesting times! Quote Link to comment Share on other sites More sharing options...
fallingmarket Posted October 1, 2008 Share Posted October 1, 2008 If you think we are in for deflation would that not mean a drop in the gold price? What determines the price of gold , is the desire of its owners to own it or to liquidate it and own something else. first ,deflation would set off all kinds of spending programs and bailouts like we are seeing now from goverments. govermants would go from being a questionable risk to a bad risk as it was forced to borrow on a huge scale to finance emergency spending, much of which is already mandated by law, while tax revenues were falling. Second, a deflation would almost certainly result in calls to (reinflate) as rapidly as possible-a course of action unlikely to inspire confidence in the dollar. Gold would soar in a serious deflation There are not many low-risk places for wealth to hide today. But plenty of wealth exists and, as the world's greatest coward, capital will look for a place to hide when things get scary. Gold is the perfect financial asset in times of uncertainty IMHO it,s your call Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted October 1, 2008 Author Share Posted October 1, 2008 Interesting times indeed. I am increasingly of the view that gold and silver may now NOT go up up and away, yet. I know. I know. Believe me. But unless gold takes above 905/10 and stays above it may well drop sharply before its mighty rise. Hey, since I made call its up nearly $100 and been higher. Quote Link to comment Share on other sites More sharing options...
fallingmarket Posted October 1, 2008 Share Posted October 1, 2008 Interesting times indeed.I am increasingly of the view that gold and silver may now NOT go up up and away, yet. I know. I know. Believe me. But unless gold takes above 905/10 and stays above it may well drop sharply before its mighty rise. Hey, since I made call its up nearly $100 and been higher. imho shorterm drop before we see a moonshot average in. Quote Link to comment Share on other sites More sharing options...
tiggerthetiger Posted October 1, 2008 Share Posted October 1, 2008 (edited) I believe gold is being played with by short term profit takers.The long term super rich investors are concentrating on seeing/getting the banking system liquid again.Better a devil they know than one they don`t (Gold). As the US bail out is put into place and gives short term joy to the markets,it will be followed eventually by an inexorable downwards slide of share values.It is then that Gold will really come into play. Investors are well aware that under normal(if there is such a thing) circumstances regular dividends cannot come out of Gold,but as dividends from shares dry up, they will realise Gold can store wealth.Its this storage of wealth (perceived or real?),that will bring huge amounts of big money into Gold. Then....it will surely rise and rise and..then after a few years though who knows? edit : spelling Edited October 1, 2008 by tiggerthetiger Quote Link to comment Share on other sites More sharing options...
Errol Posted October 1, 2008 Share Posted October 1, 2008 With such severe shortages in bullion the price is bound to go up fairly soon. Both ATS and baird are out of virtually all gold coins. Some dealers worldwide have reported doing a months worth of business in a day. Quote Link to comment Share on other sites More sharing options...
Buy Toilet Posted October 1, 2008 Share Posted October 1, 2008 Can anyone see gold pulling back to below 800$/oz in the short term if the bailout goes through? Quote Link to comment Share on other sites More sharing options...
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