Where Is Gold Going In This Market

[udonguy]

got 40kg silver too

Hope they had shopping carts!

haha actually last time i bought 50 kilo and it was ridiculous - this time I used their storage facilities - decided to keep the gold there too

[udonguy]

well I jumped back in as the dip isn't holding - got 40kg silver too

and of course as soon as I buy back in it dips!!!! haha ain't life grand

[12DrinkMore]

i don't think 'indicator' applies. whenever we bought/buy physical it's not done because of dips but for other specific reasons which (i assume) are irrelevant for those who participate in this thread.

Really Naam, as a main "Market Mover and Commentator", you are being a tad modest.

Of course we are interested in why you have bought some USD 100,000 worth of the yellow stuff.

Und falls Du mal es bitzli Zyt haesch, waere i mal froh, wenn Du nochemal de Usgab unsres Schwyzter-Kolleges us Chiang Mai zuemailen konntest....

[Naam]

Und falls Du mal es bitzli Zyt haesch, waere i mal froh, wenn Du nochemal de Usgab unsres Schwyzter-Kolleges us Chiang Mai zuemailen konntest....

just tried again but to no avail...gopferdammi! it's a real hassle finding an address among hundreds which has no reference to a name or handle (that much i remember). please send by PM.

[Naam]

i don't think 'indicator' applies. whenever we bought/buy physical it's not done because of dips but for other specific reasons which (i assume) are irrelevant for those who participate in this thread.

Really Naam, as a main "Market Mover and Commentator", you are being a tad modest.

Of course we are interested in why you have bought some USD 100,000 worth of the yellow stuff.

reason is too personal to be published and would only cause silly comments. notwithstanding this fact i am going to buy again today.

by the way, Faber's rantings have become quite unspecific and boring. worthwhile reading only for entertainment purposes.

Edited February 6, 2012 by Naam

[flying]

reason is too personal to be published and would only cause silly comments. notwithstanding this fact i am going to buy again today.

by the way, Faber's rantings have become quite unspecific and boring. worthwhile reading only for entertainment purposes.

Pretty much true of most....Or should be

I have often said folks who buy metals should have their own premise as to why they are buying.

As for Faber I agree.....his writing was more specific & interesting back when the mess was just getting rolling.

[udonguy]

got 40kg silver too

Hope they had shopping carts!

haha actually last time i bought 50 kilo and it was ridiculous - this time I used their storage facilities - decided to keep the gold there too

ah well I lost 40,000 just for the sake of impatience thinking the 'dip' I thought was coming was, in fact not coming, and bought back in. By the time I had walked to the bank and transferred and walked back to the gold shop it dipped then when i got back to my condo it dipped again and again so I should have stuck to my first instinct!

[Lost in LOS]

Will Gold be affected if Isreal attacks Iran, I think it will go up, but do not understand world econimics enough to understand properly. gold and silver have been very, very, good to me and I am thinking of buying more now

Edited February 7, 2012 by Lost in LOS

[cloudhopper]

Will Gold be affected if Isreal attacks Iran,

You must have missed this lecture - the correct answer to most of the questions on this thread:

[Lost in LOS]

Overall I'm ahead in Vegas and the stockmark for sometime now, so Im going for it if it just gambling :-)

Will Gold be affected if Isreal attacks Iran,

You must have missed this lecture - the correct answer to most of the questions on this thread:

[churchill]

Isn't the whole stock market one giant casino .....

and Bernanke is encouraging everyone to bet on the stock market by keeping interest rates low .... who wants to earn less than 2% interest when a lot of companies pay dividends near 5% ..

and why it is better to spread one's bets .....

we can only look at the facts today and weigh the odds for tomorrow ..

for instance ..

Calstrs to Place $500 Million Infrastructure Bet

http://online.wsj.com/article/SB10001424052970204369404577207431238585376.html?mod=WSJ_Markets_LEFTTopStories

[12DrinkMore]

ah well I lost 40,000 just for the sake of impatience thinking the 'dip' I thought was coming was, in fact not coming, and bought back in. By the time I had walked to the bank and transferred and walked back to the gold shop it dipped then when i got back to my condo it dipped again and again so I should have stuck to my first instinct!

I don't believe that instincts will make you rich.

Long term analysis and considered decisions will however bias things towards you.

Gold and silver are not, at least for me, a short term instinctive decision, rather a long term conviction that they will do OK and provide an insurance against things going tits up in the west.

[flying]

and Bernanke is encouraging everyone to bet on the stock market by keeping interest rates low .... who wants to earn less than 2% interest when a lot of companies pay dividends near 5% ..

nicely put possibility for his actions/herding of savings

[udonguy]

ah well I lost 40,000 just for the sake of impatience thinking the 'dip' I thought was coming was, in fact not coming, and bought back in. By the time I had walked to the bank and transferred and walked back to the gold shop it dipped then when i got back to my condo it dipped again and again so I should have stuck to my first instinct!

I don't believe that instincts will make you rich.

Long term analysis and considered decisions will however bias things towards you.

Gold and silver are not, at least for me, a short term instinctive decision, rather a long term conviction that they will do OK and provide an insurance against things going tits up in the west.

you are absolutely right of course

[flying]

Paging Mr Churchill

Please come to the front desk & claim your prize

Congrats

[churchill]

Paging Mr Churchill

Please come to the front desk & claim your prize

Congrats

http://www.thaivisa....ic-on-tv-forum/

I saw the number of views and replies gradually going up and speculated that if the number of views and replies of the Gold thread reached the same number of views and replies as the financial crisis thread then the top in Gold Prices would be in .. Views and replies were at about 30% a few months ago now they are at around 50% .. Lets see ....

Edited February 8, 2012 by churchill

[churchill]

Markets / Gold eying Greece hence the Euro/USD

see .. http://rambus1.com/?p=2627

[churchill]

and Bernanke is encouraging everyone to bet on the stock market by keeping interest rates low .... who wants to earn less than 2% interest when a lot of companies pay dividends near 5% ..

nicely put possibility for his actions/herding of savings

some agree BlackRock's Fink Says Investors Should Be in Equities

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/02/07/bloomberg_articlesLZ1QQ96JTSEB01-LZ27L.DTL#ixzz1lmdhyz7I

[Naam]

Markets / Gold eying Greece hence the Euro/USD

see .. http://rambus1.com/?p=2627

So what the Euro does will have a direct impact on the dollar and visa (sic!) versa with the dollar

a flabbergasting <deleted> brilliant conclusion!

[12DrinkMore]

http://www.bloomberg...-inflation.html

Buffett said investors should avoid gold, because its uses are limited and it doesn’t have the potential of farmland or companies to produce new wealth. Achieving a long-term gain on the metal requires an “expanding pool of buyers” who believe the group will increase further, he said.

“What motivates most gold purchasers is their belief that the ranks of the fearful will grow,” he wrote. “During the past decade that belief has proved correct. Beyond that, the rising price has on its own generated additional buying enthusiasm, attracting purchasers who see the rise as validating an investment thesis. As ‘bandwagon’ investors join any party, they create their own truth -- for a while.”

I can' t disagree with that.

But which is the band wagon that carries the most risk in the current economic climate?

Edited February 9, 2012 by 12DrinkMore

[12DrinkMore]

Here's a voice from the future!

This is a once off opportunity.

http://finance.fortu...eholder-letter/

This article is from the February 27, 2012 issue of

Fortune.

Also posted in the Financial Crisis thread, which I guess most people here are also reading.

[theblether]

Isn't the whole stock market one giant casino .....

and Bernanke is encouraging everyone to bet on the stock market by keeping interest rates low .... who wants to earn less than 2% interest when a lot of companies pay dividends near 5% ..

and why it is better to spread one's bets .....

we can only look at the facts today and weigh the odds for tomorrow ..

for instance ..

Calstrs to Place $500 Million Infrastructure Bet

http://online.wsj.co..._LEFTTopStories

Yes....is that news to you?

By the way this thread is going on a bit long........it should be re-named how many times will naam pass an opinion on the same subject.

Depressingly for all you doom-mongers out there, there are signs of life stirring in the European economies, Germany ( as you no doubt know ) has just recorded it's record export year, and the UK trade deficit last month was the smallest in 9 years, allied with a progressive rise in manufacturing output and very very strong export figures too.

The future for the European economies is looking better as they are being forced to cut out the waste. I stand by my prediction that Gold will be $1250 per ounce by 1 Jan 2015.

[udonguy]

Isn't the whole stock market one giant casino .....

and Bernanke is encouraging everyone to bet on the stock market by keeping interest rates low .... who wants to earn less than 2% interest when a lot of companies pay dividends near 5% ..

and why it is better to spread one's bets .....

we can only look at the facts today and weigh the odds for tomorrow ..

for instance ..

Calstrs to Place $500 Million Infrastructure Bet

http://online.wsj.co..._LEFTTopStories

Yes....is that news to you?

By the way this thread is going on a bit long........it should be re-named how many times will naam pass an opinion on the same subject.

Depressingly for all you doom-mongers out there, there are signs of life stirring in the European economies, Germany ( as you no doubt know ) has just recorded it's record export year, and the UK trade deficit last month was the smallest in 9 years, allied with a progressive rise in manufacturing output and very very strong export figures too.

The future for the European economies is looking better as they are being forced to cut out the waste. I stand by my prediction that Gold will be $1250 per ounce by 1 Jan 2015.

and your prediction for 2012? 2013? 2014? a rise then fall in 2015???

[waza]

Will April be a good time to buy gold?

[Digitalbanana]

and your prediction for 2012? 2013? 2014? a rise then fall in 2015???

I'm quite confident it will go up or down by any amount.

Perhaps this thread should be retitled where has gold been in this market, as after 250 pages no one knows where it is going, that's for sure.

[flying]

and your prediction for 2012? 2013? 2014? a rise then fall in 2015???

I'm quite confident it will go up or down by any amount.

Perhaps this thread should be retitled where has gold been in this market, as after 250 pages no one knows where it is going, that's for sure.

Well if you look at a 10 year graph you may have a pretty good hypothesis

Edited February 10, 2012 by flying

[flying]

Will April be a good time to buy gold?

Best time is when you have the $$

If your long term outlook then the little blips are not as important as it is to day traders

[theblether]

Isn't the whole stock market one giant casino .....

and Bernanke is encouraging everyone to bet on the stock market by keeping interest rates low .... who wants to earn less than 2% interest when a lot of companies pay dividends near 5% ..

and why it is better to spread one's bets .....

we can only look at the facts today and weigh the odds for tomorrow ..

for instance ..

Calstrs to Place $500 Million Infrastructure Bet

http://online.wsj.co..._LEFTTopStories

Yes....is that news to you?

By the way this thread is going on a bit long........it should be re-named how many times will naam pass an opinion on the same subject.

Depressingly for all you doom-mongers out there, there are signs of life stirring in the European economies, Germany ( as you no doubt know ) has just recorded it's record export year, and the UK trade deficit last month was the smallest in 9 years, allied with a progressive rise in manufacturing output and very very strong export figures too.

The future for the European economies is looking better as they are being forced to cut out the waste. I stand by my prediction that Gold will be $1250 per ounce by 1 Jan 2015.

and your prediction for 2012? 2013? 2014? a rise then fall in 2015???

Outside of a conflict arising........so based upon the current financial outlook........

Gold will trade around a broad band of $1550 - $1800 max this year, and it will start easing down over the next two years, and you will see it trade at $1250 around 1 Jan 2015.

Why? The issues that caused the rise in gold are now starting to resolve, I reckon this years spike will come at the end of March due to the Euro issues coming to a head around that time, and the Euro issues look like being resolved. There may be a spike due to the US election but by the look of things just now that election is Obamas to lose.

So unless a category one conflict occurs many of the issues that have been in play will smooth out and people will start looking for other investments as they see their real capital wealth being eroded by inflation and a drop in the value of gold.

I would like to meet the man who bought gold at the bottom of the market and sold at the top of the market...........does he exist? anywhere in the world?

I would also like to ask the many people people who bought at the top of the market last year how they are feeling now?

The stock markets are producing some miracle returns, my best one recently has been RBS which I stocked up ( again ) at 19 pence in November, I sold 50% of the shares today at just over 27 pence. I am in love with RBS shares, they are so volatile it is a dream, and a dream backed by the UK government.

I have taken a flier and bought yell.com at just over 5 pence, and I am holding Thomas Cook shares at 15 pence after buying at 11 pence and selling 50% of the holding at 19 pence.

There is real value out there.....I just can't see it in Gold.

[churchill]

Yes it is easy to get sucked into a bull run and most difficult to time any peaks to sell.. and you may be right about the gold bull run coming to an end gradually over the next 2 years .. most think it will end with a bubble spike but it may just wither .

For sure there are many better bets one can make if one has the time to research - I am now 60% Silver and 40% gold and am thinking about switching to some platinum .. but gradually over the next 2 years , as the Euro area mends , to diversify to other areas /

and Silver looks as if it may be in for a beating in the coming week ....

http://silverdoctors.blogspot.com/2012/02/commercials-increase-net-silver-shorts_10.html

Edited February 11, 2012 by churchill

[udonguy]

so we have gone from gold fever to doom and gloom?