cells Posted September 7, 2008 Share Posted September 7, 2008 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. all of this was true for the last gold crash but it stayed below its bubble for 2 decades, and inflation adjusted it is still below it. all you posted is that gold will not hit zero, not that it will be XYZ dollars Quote Link to comment Share on other sites More sharing options...
Guest Mr Parry Posted September 7, 2008 Share Posted September 7, 2008 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. A little harsh. Come on, this guy does good work and does post bravely. Give him a break. I'm not ever right in everything I do at work. Quote Link to comment Share on other sites More sharing options...
Joey Buttafueco Jr 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. Mods, please remove this post. That is the most ludicrous suggestion I've ever heard. Don't you know that Nostradamus has been cloned and his numerous doppelgangers have been drawn to HPC. It's like flies being drawn towards bright lights. Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted September 7, 2008 Author Share Posted September 7, 2008 Gold to be around $600 and Silver below $11 by Christmas. Based on Elliott waves. I never got into them. Specifically, too many fundamantal reasons why $ about to go again and commodities to resume after their sharp correction. Quote Link to comment Share on other sites More sharing options...
thefinalbear Posted September 7, 2008 Share Posted September 7, 2008 (edited) all of this was true for the last gold crash but it stayed below its bubble for 2 decades, and inflation adjusted it is still below it.all you posted is that gold will not hit zero, not that it will be XYZ dollars True......and that is why I consider it to be a pretty low risk bet. The downside is very limited and the upside potential is phenomonal. I'm happy with that. Not too many investments at the moment that can compare. I'm really not too worried about the price swings inbetween. Edited September 7, 2008 by thefinalbear Quote Link to comment Share on other sites More sharing options...
Injin Posted September 7, 2008 Share Posted September 7, 2008 Thats because you believe in and can spot trends................ One day he's going to deliberately not turn up and make a fortune from it, isn't he? Quote Link to comment Share on other sites More sharing options...
dandare500 Posted September 7, 2008 Share Posted September 7, 2008 I never got into them. Specifically, too many fundamantal reasons why $ about to go again and commodities to resume after their sharp correction. You should, used wisely and with prior thought they are really useful, and I would say fairly accurate - not forgetting they are talking about probabilities only. Dow is ready for a massive fall(even without Fannie and Freddie), so will FTSE sooner rather than later, until the next time - that is why they are called waves. Quote Link to comment Share on other sites More sharing options...
thefinalbear Posted September 7, 2008 Share Posted September 7, 2008 Had a read of your blog the other day Injin........I liked it a lot....its got a nice pace and style to the writing. Quote Link to comment Share on other sites More sharing options...
Joey Buttafueco Jr Posted September 7, 2008 Share Posted September 7, 2008 well, $795 looks a bit of a pivot point I can't see the likeness myself. Have I picked the wrong type (centre hung)? Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted September 7, 2008 Share Posted September 7, 2008 The hedge funds got ambushed. Commodities needed to be squashed prior to election and this bailout. I reckon FP might well be right. This time maybe the flight of non-margined money will be the main driver - fleeing the presses. Quote Link to comment Share on other sites More sharing options...
Lone_Twin Posted September 7, 2008 Share Posted September 7, 2008 Our firm. Thanks. The hedge funds got ambushed. Commodities needed to be squashed prior to election and this bailout. By what mechanism could this have been achieved? . ST Quote Link to comment Share on other sites More sharing options...
homeless Posted September 7, 2008 Share Posted September 7, 2008 fp whats your take on platinum and rhodium ? ive been stockpiling my cat convertors as a way of holding pm's, got about 400 large/medium kept aside now which i will eventually send to englehards now part of BASF refiners. been pretty disapointed with the return i will get of late, price is way down. is it worth continuing to stockpile or better to cut and run.bear in mind we are talking pretty much all my savings here, about 25k - 35k. depending on market price. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 7, 2008 Share Posted September 7, 2008 I am always amazed that silver is not worth more than gold. It has more uses than gold and a lot of the modern things we take for granted could not exist without silver - syringe needles, catalytic convertors, Tonto's horse. Quote Link to comment Share on other sites More sharing options...
dandare500 Posted September 7, 2008 Share Posted September 7, 2008 fpwhats your take on platinum and rhodium ? ive been stockpiling my cat convertors as a way of holding pm's, got about 400 large/medium kept aside now which i will eventually send to englehards now part of BASF refiners. been pretty disapointed with the return i will get of late, price is way down. is it worth continuing to stockpile or better to cut and run.bear in mind we are talking pretty much all my savings here, about 25k - 35k. depending on market price. I thought they were worth £200 each? Or is that just to thieves? Quote Link to comment Share on other sites More sharing options...
dandare500 Posted September 7, 2008 Share Posted September 7, 2008 I am always amazed that silver is not worth more than gold. It has more uses than gold and a lot of the modern things we take for granted could not exist without silver - syringe needles, catalytic convertors, Tonto's horse. More supply? Quote Link to comment Share on other sites More sharing options...
homeless Posted September 7, 2008 Share Posted September 7, 2008 I am always amazed that silver is not worth more than gold. It has more uses than gold and a lot of the modern things we take for granted could not exist without silver - syringe needles, catalytic convertors, Tonto's horse. cat convertors dont use silver Quote Link to comment Share on other sites More sharing options...
homeless Posted September 7, 2008 Share Posted September 7, 2008 I thought they were worth £200 each? Or is that just to thieves? they are worth from £0 to £140 each depending on type and make of which there is 1000s of kinds most are worth about £40-50 i have been putting aside my good ones and selling the crap ones Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 7, 2008 Share Posted September 7, 2008 cat convertors dont use silver I noticed you didn't say anything negative about Tonto! Ah, platinum, palladium and rhodium. Quote Link to comment Share on other sites More sharing options...
The XYY Man Posted September 7, 2008 Share Posted September 7, 2008 cat convertors dont use silver They do if Tonto drives them... 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 I can't see the likeness myself. Have I picked the wrong type (centre hung)? no, centre hung is fine - could go up, could go down but either way it will rotate around that point Quote Link to comment Share on other sites More sharing options...
The XYY Man Posted September 7, 2008 Share Posted September 7, 2008 I noticed you didn't say anything negative about Tonto!Ah, platinum, palladium and rhodium. And that's your tip for a Sunday night, is it...? Quote Link to comment Share on other sites More sharing options...
Tiger Woods? Posted September 7, 2008 Share Posted September 7, 2008 Whenever an ounce of gold falls below the cost to produce a lampost (on a cost per metre basis), history has shown us that gold will continue to fall, but only if there is a full moon due in the next seven days. The caveat to this is that if shingle is out of stock in 7 out of 10 of a specific list of builder's merchants, then gold will rise by 23.45643%. Thanks...that makes it all clear now. Quote Link to comment Share on other sites More sharing options...
gasket37 Posted September 7, 2008 Share Posted September 7, 2008 cat convertors dont use silver ah there is lots of work researching the use of silver in industrial and automotive cat converters didn't yamaha announce something recently? Quote Link to comment Share on other sites More sharing options...
endgame Posted September 7, 2008 Share Posted September 7, 2008 Whenever it has done that during the last 8 years, well you better have sunglasses 'cos you'll be looking towards the sun.Buy gold. BTW - this also relates to all commodities, pretty well. $ will now fall again. Stock market, led by financials, will now have a boost. Though I expect there to be a further leg down before the y/e. What does ">2 std devs from the mean" actually mean? Has the Fannie and Freddie news prompted you to say this? Quote Link to comment Share on other sites More sharing options...
Ferret Posted September 8, 2008 Share Posted September 8, 2008 Whenever it has done that during the last 8 years, well you better have sunglasses 'cos you'll be looking towards the sun.Buy gold. BTW - this also relates to all commodities, pretty well. $ will now fall again. Stock market, led by financials, will now have a boost. Though I expect there to be a further leg down before the y/e. Gold Has Fallen Your wasting your time as a Financial Planner, you should be doing Merv`s job. FFS stop trying to impress the populus you are their Financial Saviour. Quote Link to comment Share on other sites More sharing options...
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