Bubble&Squeak Posted September 7, 2008 Share Posted September 7, 2008 (edited) erm... aren't we against blatant ramping here at HPC? Nothing against making the case for any particular asset class/real investment, but this is just blatant ramping? Isn't it? There have been many, many similar aticles in the last few days......http://www.goldseek.com/ http://www.gata.org/ http://www.dollarcollapse.com/ http://news.silverseek.com/GoldIsMoney/1220733996.php Edit: fixed quote Edited September 7, 2008 by Bubble&Squeak Quote Link to comment Share on other sites More sharing options...
MSWHPC Posted September 7, 2008 Share Posted September 7, 2008 given todays event, these are not terribly brave forecasts. Quote Link to comment Share on other sites More sharing options...
Guest Mr Parry Posted September 7, 2008 Share Posted September 7, 2008 Unless you intend to make your own argumemt and prediction may I suggest you go to another thread rather than insulting my forecast, based on historical precedent. (And fundamental analysis not mentioned here.)25% by the year end, starting this week. Can't be more specific than that. Now what's your forecast for gold this year and next? I guess you don't have one. You just wish to insult others' forecasts. Not very useful or interesting. That Gold bloke, Jim Rogers seems to think $1650/oz. Who's got any faith in fiat currency any more? Quote Link to comment Share on other sites More sharing options...
thefinalbear Posted September 7, 2008 Share Posted September 7, 2008 erm... aren't we against blatant ramping here at HPC? as opposed to ramping house prices downwards of course........ Quote Link to comment Share on other sites More sharing options...
Guest Mr Parry Posted September 7, 2008 Share Posted September 7, 2008 given todays event, these are not terribly brave forecasts. Go on Earl. Give us brave forecast. Quote Link to comment Share on other sites More sharing options...
Bubble&Squeak Posted September 7, 2008 Share Posted September 7, 2008 as opposed to ramping house prices downwards of course........ I don't think anyone here needed to be persuaded to keep their money out of property Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted September 7, 2008 Author Share Posted September 7, 2008 That Gold bloke, Jim Rogers seems to think $1650/oz.Who's got any faith in fiat currency any more? He's not a gold bloke - he's a commoditiies bloke. Our base case: $1200-1500 by spring 2011 ie 33% to 85% within 2 and a half years. Quote Link to comment Share on other sites More sharing options...
16bit Posted September 7, 2008 Share Posted September 7, 2008 Hahahaha. May as well toss a coin: Heads for up, Tails for down. Really... pointless thread. Nobody knows what the future holds, ever. Quote Link to comment Share on other sites More sharing options...
MSWHPC Posted September 7, 2008 Share Posted September 7, 2008 Go on Earl. Give us brave forecast. England to get a point on wednesday Quote Link to comment Share on other sites More sharing options...
cells Posted September 7, 2008 Share Posted September 7, 2008 Unless you intend to make your own argumemt and prediction may I suggest you go to another thread rather than insulting my forecast, based on historical precedent. (And fundamental analysis not mentioned here.)25% by the year end, starting this week. Can't be more specific than that. Now what's your forecast for gold this year and next? I guess you don't have one. You just wish to insult others' forecasts. Not very useful or interesting. your fundamental analysis thats not mentioned here, what a coincidence, my fundamental analysis is also not mentioned here so i guess we can both post as we seen to have both done the fundamental analysis. Quote Link to comment Share on other sites More sharing options...
Guest Mr Parry Posted September 7, 2008 Share Posted September 7, 2008 He's not a gold bloke - he's a commoditiies bloke. Our base case: $1200-1500 by spring 2011 ie 33% to 85% within 2 and a half years. I'm in the muck business, BTW. Thanks for the tip. Quote Link to comment Share on other sites More sharing options...
Bubble&Squeak Posted September 7, 2008 Share Posted September 7, 2008 England to get a point on wednesday Now, sadly, that is a brave forecast Quote Link to comment Share on other sites More sharing options...
cells Posted September 7, 2008 Share Posted September 7, 2008 Hahahaha.May as well toss a coin: Heads for up, Tails for down. Really... pointless thread. Nobody knows what the future holds, ever. yes but if you pretend you know and fool others into thinking you know with fundamental analysis you dont want to post. and then those poor fools act on your advise you could become a rich man. not that FP fooling people on hpc is going to move gold much, just the general concept Quote Link to comment Share on other sites More sharing options...
Lone_Twin Posted September 7, 2008 Share Posted September 7, 2008 Our base case: $1200-1500 by spring 2011 ie 33% to 85% within 2 and a half years. Who? . ST Quote Link to comment Share on other sites More sharing options...
cells Posted September 7, 2008 Share Posted September 7, 2008 Be little heavy, no? tbh i think the poor horse is fed to the brim until it cant hold it in anymore. he is put to the start line in that fashion. its a modest horse and probably would think craping in the middle of a race track with all the cameras is unfitting. so he runs his heart out to get to the bog which is positioned at the finish line quite easy really once you understand the fundamental analysis Quote Link to comment Share on other sites More sharing options...
dandare500 Posted September 7, 2008 Share Posted September 7, 2008 Unless you intend to make your own argumemt and prediction may I suggest you go to another thread rather than insulting my forecast, based on historical precedent. (And fundamental analysis not mentioned here.)25% by the year end, starting this week. Can't be more specific than that. Now what's your forecast for gold this year and next? I guess you don't have one. You just wish to insult others' forecasts. Not very useful or interesting. Gold to be around $600 and Silver below $11 by Christmas. Based on Elliott waves. Quote Link to comment Share on other sites More sharing options...
cells Posted September 7, 2008 Share Posted September 7, 2008 Who?. ST his mate dave who works at the cafe, does some gold trading on the side Quote Link to comment Share on other sites More sharing options...
thefinalbear Posted September 7, 2008 Share Posted September 7, 2008 (edited) Well here's my fundamental analysis as much as its worth. Central banks are printing money. Credit is being destroyed as well but the printing will outweigh the destruction. Gold is way below its inflation adjusted high which is well north of $2000 oz.........it could go much higher. There is a large body of evidence that the price has been artificially supressed of a while. The bounce back will be fast and fairly immediate. and I'll leave you with my favourite quotes: "Gold is not less but more rational than paper money. Money holds value so long as it is in limited supply; gold will always be in limited supply, and would require real resources to produce even from the sea; paper and printing ink are not in limited supply. The gold system is much closer to a modern automatic scientific control system than the crude and relatively unstable system of paper."William Rees-Mogg The great merit of gold is precisely that it is scarce; that its quantity is limited by nature; that it is costly to discover, to mine, and to process; and that it cannot be created by political fiat or caprice."Henry Hazlitt Increasingly, the wealth of the modern world has come to be represented by financial assets rather than real assets, and this to me is a very unhealthy situation, because financial assets are inherently unstable. Financial assets (currencies, bonds, mortgages, stocks, bank credit, etc.) can be quickly and violently reduced in value, or destroyed completely by either inflation or deflation."Donald J. Hoppe and the best for last........ "If you don't trust gold, do you trust the logic of taking a beautiful pine tree, worth about $4,000 - $5,000, cutting it up, turning it into pulp and then paper, putting some ink on it and then calling it one billion dollars?"Kenneth J. Gerbino Edited September 7, 2008 by thefinalbear Quote Link to comment Share on other sites More sharing options...
the end is a bit nigher Posted September 7, 2008 Share Posted September 7, 2008 well, $795 looks a bit of a pivot point Quote Link to comment Share on other sites More sharing options...
Bubble&Squeak Posted September 7, 2008 Share Posted September 7, 2008 Gold to be around $600 and Silver below $11 by Christmas. Based on Elliott waves. Is that some kind of semaphore? Quote Link to comment Share on other sites More sharing options...
Guest Mr Parry Posted September 7, 2008 Share Posted September 7, 2008 tbh i think the poor horse is fed to the brim until it cant hold it in anymore.he is put to the start line in that fashion. its a modest horse and probably would think craping in the middle of a race track with all the cameras is unfitting. so he runs his heart out to get to the bog which is positioned at the finish line quite easy really once you understand the fundamental analysis You see. When you money boys talk in simple terms, it's easy to understand. Quote Link to comment Share on other sites More sharing options...
MSWHPC Posted September 7, 2008 Share Posted September 7, 2008 He's not a gold bloke - he's a commoditiies bloke. Our base case: $1200-1500 by spring 2011 ie 33% to 85% within 2 and a half years. proviso; subject to completely changing "our" minds, a bit like the dow at 15,000 and hoping you've all forgotten this, blinded by recent good tv performances. Quote Link to comment Share on other sites More sharing options...
Jin Posted September 7, 2008 Share Posted September 7, 2008 Oddly enough, I knew that Noel was going to post something like this. Thats because you believe in and can spot trends................ Quote Link to comment Share on other sites More sharing options...
dandare500 Posted September 7, 2008 Share Posted September 7, 2008 Is that some kind of semaphore? No its based on behaviour. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted September 7, 2008 Author Share Posted September 7, 2008 Who?. ST Our firm. Quote Link to comment Share on other sites More sharing options...
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