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Re: Gold Tags Last Friday's High and Low In 45 Minutes

By: Decomposed in ROUND | Recommend this post (0)
Fri, 09 Sep 11 6:48 PM | 56 view(s)
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Msg. 34856 of 45651
(This msg. is a reply to 34853 by capt_nemo)

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re: "a TV thug"

??? Why is he a thug?

In any case, I think it is silly to guess where gold wil be and when. Why not just focus on the driver for gold and say how much value the dollar will likely lose over the next few years?

My guess is 20 percent. And because the dollar is a far bigger market than gold, a 20 percent dip in the dollar could easily fuel a threefold hike in the price of gold.

Hm. So I just invalidated my whole argument. I guess I'm predicting $6,000 gold in the next few years.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Gold Tags Last Friday's High and Low In 45 Minutes
By: capt_nemo
in ROUND
Fri, 09 Sep 11 6:09 PM
Msg. 34853 of 45651

Just heard a TV thug saying gold to $7000 in a couple years LOL


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