GOLD

[G0ldfinger 0]

Hi everyone.

 

I am new here. This is my first post and at the same time my first thread.

 

I am sort of looking for a new (internet) home after the environment over at HPC.co.uk got too annoying, with people moving the very popular gold thread around all the time. Maybe information on gold and related matters are more appreciated here.

 

Anyway, should the moderators here deem this thread inappropriate, I would be happy to be moved. The theme of this thread should be general information on gold, gold as a macro-economic variable, and its relationships with other investements/assets, like e.g. houses. Money/credit/debt issues are of course of interest as well.

 

My idea was to put it in the main forum because I like broad discussions. And my main reason for coming here is that the HPC-gold thread was moved from the main forum which reduced the number of posts/posters on it, and just made things much more inconvenient.

 

I hope that is OK with the philosophy on this forum here.

 

Regards,

GF

 

PS: I chose the name 'G0ldfinger' since I am/was 'Goldfinger' on HPC. No offense to the holder of the name 'Goldfinger' on this forum here, who seems to exist as well.

 

: Gold and Currency News / http://Goldstock.co.uk

========================================================================================================================

The Gold Discussion : "Long Term theme"

::::

:::

 

Weekly Gold ... update

 

LINKS

------

"Gold" on Google :: https://www.google.com/search?hl=en&gl=us&tbm=nws&q=gold+price&oq=gold+price&aq=f&aqi=d1g5d1&aql=&gs_sm=3&gs_upl=2388l5967l0l7385l10l10l0l4l4l0l80l302l6l6l0

Historical Prices- :: http://www.kitco.com/charts/historicalgold.html

[G0ldfinger 0]

Here is one of my favourite charts on gold vs property.

The read arrows points to where we are at today.

 

(larger chart in post, below)

======

UPDATED:

/original source: http://gold.approximity.com/gold_charts.html

[Steve Netwriter 0]

Welcome GF

Can I start off the discussion by asking you whether you have any other predictions for the price of gold.

IMO the best two so far that I have read are from Jim Sinclair and Krassimir Petrov.

Both of which I put on this chart:

 

 

I thought this morning, it would be nice to add more predictions to it, and see how they all compare.

 

I might skip the Goldman Sachs one of a falling gold price

 

Steve

[G0ldfinger 0]

Here is one of my favourite charts on gold vs property. The read arrows points to where we are at today.

[G0ldfinger 0]

Welcome GF

Can I start off the discussion by asking you whether you have any other predictions for the price of gold.

IMO the best two so far that I have read are from Jim Sinclair and Krassimir Petrov.

...

 

Steve

Yes, I have a thread on this topic here. Maybe I should update it a little or get it over here.

 

http://goldismoney.info/forums/showthread.php?t=195370

[G0ldfinger 0]

Welcome GF

Can I start off the discussion by asking you whether you have any other predictions for the price of gold.

IMO the best two so far that I have read are from Jim Sinclair and Krassimir Petrov.

...

Here is another one that should calm you down every time you think gold is getting too expensive.

[Steve Netwriter 0]

 

I've got that thread bookmarked

 

I haven't got time to read it all through again right now. Later I will.

It would be good to have links to articles, so we can read the reasoning behind it, with price and date predictions.

 

 

By the way, did you listen to this:

 

"Gold Roundtable"

March 1, 2008

http://www.financialsense.com/Experts/roun.../2008/0301.html

 

Including:

 

BILL MURPHY

Chairman

Gold Anti-Trust Action Committee (GATA)

and

JAMES TURK

Founder and Chairman

Gold Money

 

I'm not sure when Jim was talking.

 

Steve

[Pluto 0]

Here is another one that should calm you down every time you think gold is getting too expensive.

 

I thought you might show up here Goldfinger. The housepricecrash website is losing its way. I know if it was my website and one of my mods decided to kill the most popular thread by far he would been shown the door pronto. Anyway that's old news I hope Bubb lets you post the rocket pics as we are gonna be needing a lot of them soon.

[Steve Netwriter 0]

Here is another one that should calm you down every time you think gold is getting too expensive.

 

That's a good one.

It makes me laugh when people start talking about selling now it's gone up so much.

 

A bit previous IMO. Maybe in 20 years time

[Steve Netwriter 0]

Me first, me first.

 

 

 

The silver one is just approaching orbit

[G0ldfinger 0]

...

By the way, did you listen to this:

...

Yes. This woman (what's here name) mentioned prices over $10,000. Quite brave on a public radio show. There was only one more bullish guy of some hedge fund on Bloomberg some time ago, who mentioned a price of $50,000.

 

Well, my thread (linked above) explains how you can end up with such figures. It could happen, if the central bankers seriously screw up.

[G0ldfinger 0]

I thought you might show up here Goldfinger. The housepricecrash website is losing its way. I know if it was my website and one of my mods decided to kill the most popular thread by far he would been shown the door pronto. Anyway that's old news I hope Bubb lets you post the rocket pics as we are gonna be needing a lot of them soon.

Hi Pluto. It just got too ridiculous over there.

 

The thing is, the people most emotional about gold are those who hate it or don't have it. And not having it is not a financial matter, since until recently gold was very cheap. And even now almost anyone in the industrialized countries should be able to afford a few coins.

[G0ldfinger 0]

...

The silver one is just approaching orbit

I seriously loaded up on silver end of last year.

 

I'll soon post a few charts to demonstrate why (most of you know anyway ).

[Jacko 0]

Excellent work GF....Very nice

 

I was wondering when that thread would get up and leave HPC- has it found a new home?

 

[Pluto 0]

Yes. This woman (what's here name) mentioned prices over $10,000. Quite brave on a public radio show. There was only one more bullish guy of some hedge fund on Bloomberg some time ago, who mentioned a price of $50,000.

 

Well, my thread (linked above) explains how you can end up with such figures. It could happen, if the central bankers seriously screw up.

 

The woman's name is Dr. Leanne M. Baker as she is Managing Director of Investor Resources LLC. As Hugo Chavez recently stated, "we give them oil in exchange for pieces of paper". So in that context, the POG could be worth an almost infinite amount of paper. I noticed today CNBC were very bearing on everything and telling folk the only decent investment are PMs. Today they tried to cap Gold - but oil broke out to new highs. The boat is springing too many leaks now. 1,000 tomorrow dare I say?

[wren 0]

Hi folks,

 

another, generally non-migratory, bird has migrated over here. I'm wren from hpc.

 

I have a long-standing interest in bullion and energy supplies along with other fundamental issues of the global macroeconomy.

[G0ldfinger 0]

Excellent work GF....Very nice

 

I was wondering when that thread would get up and leave HPC- has it found a new home?

 

I actually quite liked the discussions over there. Even the trolls or e.g. RB's or cell's comments were always worth a laugh (and sometimes an answer).

Oh well. It could not last forever.

 

I almost feel like Axstone, when he finally left the Kitco Forum.

 

The woman's name is Dr. Leanne M. Baker as she is Managing Director of Investor Resources LLC. As Hugo Chavez recently stated, "we give them oil in exchange for pieces of paper". So in that context, the POG could be worth an almost infinite amount of paper. I noticed today CNBC were very bearing on everything and telling folk the only decent investment are PMs. Today they tried to cap Gold - but oil broke out to new highs. The boat is springing too many leaks now. 1,000 tomorrow dare I say?

Todays action was amazing. I mean, just take the Bloomberg headlines on gold today. And then the NY session, a joke again. I disagree with Dan Norcini today, I think gold held up well given what I think was going on behind closed doors.

[G0ldfinger 0]

Hi folks,

 

another, generally non-migratory, bird has migrated over here. I'm wren from hpc.

 

I have a long-standing interest in bullion and energy supplies along with other fundamental issues of the global macroeconomy.

Welcome! Enjoyed your post on HPC recently.

[enrieb 0]

I have been meaning to make the full transition over to GEI for a while now, the discussion is generally of a much higher level, though this often means that I don't have much to add. GEI Seems like a much more tolerant forum towards gold, economics, inflation and deflation, its been disappointing to see many of the people who add so much intelligent content to HPC be ridiculed or have outright abuse thrown at them in recent months. Posters like, Cgano, GOlfinger and even Dr BUBB give important insight into the movements of the market for very little thanks.

 

As a slight suggestion though, given that this is a new forum and we are guests I think it would be best to hold off on pictures of rockets etc.. for the time being, until the long term GEI forum members have expressed their opinions on how they feel about a gold thread in their main discussion forum.

[Pluto 0]

Hi Pluto. It just got too ridiculous over there.

 

The thing is, the people most emotional about gold are those who hate it or don't have it. And not having it is not a financial matter, since until recently gold was very cheap. And even now almost anyone in the industrialized countries should be able to afford a few coins.

 

What all that boiled down to was Oldie spent a lot time trying to get the link to Metal board worked out and he threw a temper tantrum when no-one liked it. He then went on to blame all the bad, rude, posters. Finally he threw his dummy out of the pram and started to cry. Pathetic.

[G0ldfinger 0]

Everyone

 

I totally agree with Dan Norcini that we're witnessing a brewing Commercial Signal Failure in silver. In a few minutes I will post some charts that some of you already know, but they have been updated now. Have a look at this here for the OLD charts.

 

http://gold.approximity.com/gold_analysis.html

[Jacko 0]

Welcome! Enjoyed your post on HPC recently.

 

I hope some of the others make it too by the way.

 

Is it $1000 in a day or two? Is it silver over $20 forever?

 

Or does anyone think we could see just one more little pullback before it breaks? $1000 is quite a barrier.

[Billy 0]

Another refugee here from HPC. I GREATLY value(d) the input of Goldfinger and Pluto and other passionate and informed folks on the HPC Gold thread - but frankly, having been banned TWICE by Oldie and/or Smelly Tramp (they do not like it when you tell them what complete a**hats they are) I am glad to find a new home - I hope the word goes out at HPC as the disgraceful antics of the alleged 'mods' needs action - the more people that leave that totalitarian dump the better. I've been on some badly moderated forums in my time but HPC takes the biscuit. The 'mods' actively DISCOURAGE comments in the gold thread, with that obnoxious Smelly Tramp being the worst offender - how they expect to insult and hassle good folks on that thread is absolutely beyond me.

 

OK rant over - with some fine minds on this thread it should easily take over the slack from the HPC thread.

 

GO GATA!

 

GO GOLD!

[qwerty 0]

link

[Pluto 0]

I hope some of the others make it too by the way.

 

Is it $1000 in a day or two? Is it silver over $20 forever?

 

Or does anyone think we could see just one more little pullback before it breaks? $1000 is quite a barrier.

 

The pullbacks are getting rare now. If they whack gold something else springs up to alert the masses that inflation in rampant - today it was oil. They are in a a pickle. The interesting thing is what happens once it hits 1000. When oil hit 100 it retreated to 88, if a similar move happened to gold it would put it at 880, but I don't know - it could keep on going.

 

The masses are getting worried. They have seen their jobs vanish, equity in their homes go poof, value of their currency decimated, and now their stock 401Ks getting a pounding. They may just panic are rush into the last safety net - PMs.