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Re: New Gold

By: Decomposed in ROUND | Recommend this post (0)
Tue, 10 Jan 12 6:35 PM | 34 view(s)
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Msg. 37890 of 45651
(This msg. is a reply to 37887 by Decomposed)

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re: "It was below 9 a few short weeks ago!

My mistake. It was below 10 a few short weeks ago, and below 9 less than a year ago.

I've been on record for some time predicting a breakout for gold in March or April, and a new high ($2000) this summer. I'm staying with that.




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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:
New Gold
By: Decomposed
in ROUND
Tue, 10 Jan 12 6:26 PM
Msg. 37887 of 45651

New Gold is now an 11-bagger again. My 2008 purchase was right near the $1 mark (98 cents), so the calculation could hardly be easier.

It was below 9 a few short weeks ago! 

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