Quiet In Here, Innit down down goes the gold price, and the posts sink without trace...
#1
Posted 07 March 2012 - 07:59 PM
my predictions for H1 2012 were:
UK Houseprices vary by +/-5% in GDP, but fall another 20% in currencies that hold their value, such as AUD, CHF !TICK!
1 or more countries exit the Euro by end June 2012 !LOSE!
Riots/civil unrest cause +10 deaths in european countries !TICK!
gold reaches $2000 by end June 2012 !LOSE!
predictions for H2 2012:
UK national houseprice average down by -10% in GDP on YOY average !TICK!
1+ more round of QE in UK, 1 more round of helicoptering in US !TICK!
Obama win in US elections !TICK!
gold reaches $2300 by end December 2012 !LOSE!
predictions for H1 2013
UK national houseprice average stays steady by +-3% in GBP
1+ more round of QE in UK, 1+ more round of helicoptering in US !TICK!
IPCC issues some statements that 'global warming' is in a hiatus period, but will come back, oh yes
gold reaches $2000 by end June 2013
#2
Posted 07 March 2012 - 09:06 PM
#3
Posted 07 March 2012 - 09:07 PM
This post has been edited by okaycuckoo: 07 March 2012 - 09:08 PM
"If the government is big enough to give you everything you want, it is big enough to take away everything you have." Gerald Ford.
#4
Posted 07 March 2012 - 09:46 PM
jonesinamillion, on 07 March 2012 - 09:06 PM, said:
long termers (ie the majority here) don't follow the short term falls and rises
• Kenneth Watt, Ecologist , Earth Day 1970
#5
Posted 07 March 2012 - 10:03 PM
Ruffneck, on 07 March 2012 - 09:46 PM, said:
Exactly this. I will only really be interested in the price when I plan to see in 30 or 40 years time.
"All money is a matter of belief" Adam Smith
#6
Posted 07 March 2012 - 10:26 PM
Ruffneck, on 07 March 2012 - 09:46 PM, said:
I appreciate that, but there's a definite correlation of PM price rises as to the post count on here.
I'll read this section daily regardless of current price fluctuations, having purchased the bulk of my meagre PM holding, dips concern me more than jumps.
#7
Posted 10 March 2012 - 09:29 PM
If you think the EU or USA is going to suddenly stop the QE programs because the economy will start going gangbusters then sell your gold.If you think they will keep printing as those economies stay weak then keep buying gold.It's up to you to make that decision.
• Kenneth Watt, Ecologist , Earth Day 1970
#8
Posted 11 March 2012 - 01:12 PM
wherebee, on 07 March 2012 - 07:59 PM, said:
I really hate people who are investing in precious metals short term, and shit their panties on the downside, and get all excited on the upside.
This post has been edited by Asheron: 11 March 2012 - 01:51 PM
Peter David Schiff --- http://www.europac.net/
Gerald Celente --- http://www.geraldcelente.com/
Jim Rogers --- http://www.jimrogers.com/
Bob Chapman --- http://www.theintern...om/Bob_Chapman/
Investors should abide by money management principals & never risk more than they can afford to lose.
There are No guarantees when investing in the Stock Market or Precious Metals. You might lose all your money and cry.
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