Where Is Gold Going In This Market

[Naam]

I have received incredible personal predictions in the past and take it as seriously...

me too! last year a self-appointed astrologer told me "i can see a young lady quite often entering your bedroom begging that she might share your bed."

he was right! quite often a young lady accompanied by a young lad are entering my bedroom and demand to share my bed, especially during a thunderstorm with lightning and thunder.

that's what they look like:

T+M.jpg

I hope you have never got that lad and lady really mad at you...looks like they could chew a person's toes off if they got mad and had plenty of time.

you are right Pib. the bite force of a Dachshund surpasses that of a German Shepherd.

[yoshiwara]

Easy to mock astrology but can you explain it ...

I have received incredible personal predictions in the past and take it as seriously as charts and the rest ...

A gold margin call

http://ftalphaville.ft.com/2013/06/21/1542702/a-gold-margin-call/

I admire you. Everybody has to find their inner self, their essential truth. Armed with an inner life one can confront volatile markets with equanimity. My own personal salvation is to follow the philosophical directions from Christmas cracker mottoes. Together we can win.

[Naam]

Central Banks are buying! all physical that's available?

Today whistleblower Andrew Maguire told King World News that the world has just witnessed a massive and irreversible shift in the global balance of physical gold.

Central bank purchases are almost certainly far in excess of paper sales. We are so close to the marginal cost of production that my contacts are saying the gates are wide open here to purchase all physical that is available....

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/21_Maguire_-_World_Just_Witnessed_Massive_Shift_In_Physical_Gold.html

the gates are wide open... Gold for sure soon 28,000 Dollars/ounce!

[Naam]

Today a legend in the business told King World News that we are in the final stages of a war to push gold and silver prices lower and it is being facilitated through the “criminal” use of paper derivatives.

Investors have to hang in there and weather these lows. We have seen this all before. And who really gives a dam_n about what Bernanke says? The Fed is buying up $85 billion worth of bonds every month. The world has witnessed an unprecedented amount of money creation and at some point it’s going to have an impact.

It’s going to create massive inflation and the gold price is going to soar The Fed and Western governments can’t defy the laws of Mother Nature or the laws of economics. They can only manipulate in the short-term. Whenever markets are being manipulated by governments, eventually they break free and they break free in a very hostile way. The bottom line is we are going to see the price of gold many thousands of dollars higher.”

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/21_Criminal_Paper_Derivative_Selling_Used_To_Crush_Gold_Market.html

[yoshiwara]

Today a legend in the business told King World News that we are in the final stages of a war to push gold and silver prices lower and it is being facilitated through the “criminal” use of paper derivatives.

Investors have to hang in there and weather these lows. We have seen this all before. And who really gives a dam_n about what Bernanke says? The Fed is buying up $85 billion worth of bonds every month. The world has witnessed an unprecedented amount of money creation and at some point it’s going to have an impact.

It’s going to create massive inflation and the gold price is going to soar The Fed and Western governments can’t defy the laws of Mother Nature or the laws of economics. They can only manipulate in the short-term. Whenever markets are being manipulated by governments, eventually they break free and they break free in a very hostile way. The bottom line is we are going to see the price of gold many thousands of dollars higher.”

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/21_Criminal_Paper_Derivative_Selling_Used_To_Crush_Gold_Market.html

According to one contributor in zerosludge the website of choice for the discerning hysteric, the price of paper gold will be driven to zero but it is only the value of gold bars/bullion etc. that is going to the moon. Edited June 22, 2013 by yoshiwara

[churchill]

If Gold prices start to rise I think the biggest winners will be the Miners

Trust had been lost in paper gold and for those in the west that want to invest the next easiest option is the miners ...

However if prices continue down some mines will suspend production .... as has started

'With gold and silver prices driven down, Golden Minerals suspends production'

http://www.24hgold.com/english/news-gold-silver-with-gold-and-silver-prices-driven-down-golden-minerals-suspends-production.aspx?article=4418645780G10020&redirect=false&contributor=Chris+Powell

2 from kitco

http://www.kitco.com/ind/Hamilton/2013-06-21-Bullish-Gold-Stock-Volume.html

http://www.kitco.com/ind/Skoyles/2013-06-21-Taking-the-blinkers-off-the-gold-analysts.html

[yoshiwara]

If Gold prices start to rise I think the biggest winners will be the Miners

Trust had been lost in paper gold and for those in the west that want to invest the next easiest option is the miners ...

However if prices continue down some mines will suspend production .... as has started

'With gold and silver prices driven down, Golden Minerals suspends production'

http://www.24hgold.com/english/news-gold-silver-with-gold-and-silver-prices-driven-down-golden-minerals-suspends-production.aspx?article=4418645780G10020&redirect=false&contributor=Chris+Powell

2 from kitco

http://www.kitco.com/ind/Hamilton/2013-06-21-Bullish-Gold-Stock-Volume.html

http://www.kitco.com/ind/Skoyles/2013-06-21-Taking-the-blinkers-off-the-gold-analysts.html

First of all that is a fake story that 'trust has been lost in paper gold'. What a load of old rubbish and desperation by the gold bugs to spin the gold off a cliff event. That you are on board I am shocked, I am deeply shocked.

As for the miners a friend of mine holding miner stocks is deeply in the doo-doo. Even he would ROFL at the spin nonsense.

Edited June 22, 2013 by yoshiwara

[jbrain]

Central Banks are buying! all physical that's available?

Today whistleblower Andrew Maguire told King World News that the world has just witnessed a massive and irreversible shift in the global balance of physical gold.

Central bank purchases are almost certainly far in excess of paper sales. We are so close to the marginal cost of production that my contacts are saying the gates are wide open here to purchase all physical that is available....

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/6/21_Maguire_-_World_Just_Witnessed_Massive_Shift_In_Physical_Gold.html

the gates are wide open... Gold for sure soon 28,000 Dollars/ounce!

Maybe Central banks are now buying the gold they claimed to be in their vaults for the past decade or so, but unfortunately misplaced somewhere.

After all Germany may get it's gold back from the US.

[churchill]

If Gold prices start to rise I think the biggest winners will be the Miners

Trust had been lost in paper gold and for those in the west that want to invest the next easiest option is the miners ...

However if prices continue down some mines will suspend production .... as has started

'With gold and silver prices driven down, Golden Minerals suspends production'

http://www.24hgold.com/english/news-gold-silver-with-gold-and-silver-prices-driven-down-golden-minerals-suspends-production.aspx?article=4418645780G10020&redirect=false&contributor=Chris+Powell

2 from kitco

http://www.kitco.com/ind/Hamilton/2013-06-21-Bullish-Gold-Stock-Volume.html

http://www.kitco.com/ind/Skoyles/2013-06-21-Taking-the-blinkers-off-the-gold-analysts.html

First of all that is a fake story that 'trust has been lost in paper gold'. What a load of old rubbish and desperation by the gold bugs to spin the gold off a cliff event. That you are on board I am shocked, I am deeply shocked.

As for the miners a friend of mine holding miner stocks is deeply in the doo-doo. Even he would ROFL at the spin nonsense.

I am shocked that you are shocked

I am also in the doo-doo in mining stocks ..luckily I have other investments

[yoshiwara]

If Gold prices start to rise I think the biggest winners will be the Miners

Trust had been lost in paper gold and for those in the west that want to invest the next easiest option is the miners ...

However if prices continue down some mines will suspend production .... as has started

'With gold and silver prices driven down, Golden Minerals suspends production'

http://www.24hgold.com/english/news-gold-silver-with-gold-and-silver-prices-driven-down-golden-minerals-suspends-production.aspx?article=4418645780G10020&redirect=false&contributor=Chris+Powell

2 from kitco

http://www.kitco.com/ind/Hamilton/2013-06-21-Bullish-Gold-Stock-Volume.html

http://www.kitco.com/ind/Skoyles/2013-06-21-Taking-the-blinkers-off-the-gold-analysts.html

First of all that is a fake story that 'trust has been lost in paper gold'. What a load of old rubbish and desperation by the gold bugs to spin the gold off a cliff event. That you are on board I am shocked, I am deeply shocked.

As for the miners a friend of mine holding miner stocks is deeply in the doo-doo. Even he would ROFL at the spin nonsense.

I am shocked that you are shocked

I am also in the doo-doo in mining stocks ..luckily I have other investments

Be like me. Lose it in oil.

[churchill]

If Gold prices start to rise I think the biggest winners will be the Miners

Trust had been lost in paper gold and for those in the west that want to invest the next easiest option is the miners ...

However if prices continue down some mines will suspend production .... as has started

'With gold and silver prices driven down, Golden Minerals suspends production'

http://www.24hgold.com/english/news-gold-silver-with-gold-and-silver-prices-driven-down-golden-minerals-suspends-production.aspx?article=4418645780G10020&redirect=false&contributor=Chris+Powell

2 from kitco

http://www.kitco.com/ind/Hamilton/2013-06-21-Bullish-Gold-Stock-Volume.html

http://www.kitco.com/ind/Skoyles/2013-06-21-Taking-the-blinkers-off-the-gold-analysts.html

First of all that is a fake story that 'trust has been lost in paper gold'. What a load of old rubbish and desperation by the gold bugs to spin the gold off a cliff event. That you are on board I am shocked, I am deeply shocked.

As for the miners a friend of mine holding miner stocks is deeply in the doo-doo. Even he would ROFL at the spin nonsense.

I am shocked that you are shocked

I am also in the doo-doo in mining stocks ..luckily I have other investments

Be like me. Lose it in oil.

oil down miners up

now back to the rugby !

[waza]

An asstrologer told me I will spend a large amount of time searching around Uranus looking for clingons

[churchill]

A good read

http://www.macrobusiness.com.au/2013/05/gold-is-different/

[yoshiwara]

A good read

http://www.macrobusiness.com.au/2013/05/gold-is-different/

The lengths people will go to to explain away the awful drop in the gold price, whether shares, coins or bars.

We have seen this rubbish when the price dropped to 1800, to 1700, to 1600, to 1500, to 1400 and now 1300.

Each time there was 'compelling evidence to buy'. And then there wasn't.

All predicted on the final collapse of the financial system which never quite happens. 'But it will, soon, yes soon and I have a graph to show you...........................'

Edited June 23, 2013 by yoshiwara

[midas]

A good read

http://www.macrobusiness.com.au/2013/05/gold-is-different/

Gold bears ignore half the world – the half that buy gold

Since the middle of April we have all heard the gold bear cry of ‘it’s over, gold is done with…the bubble has burst.’ But not many of these so-called expert commentators have really looked into the strength of demand in the East.

Jeff Nichols wrote in a note to investors recently that he believed gold bears ‘have a fairly provincial view and limited understanding of gold’s increasingly bullish long-term fundamentals.’ He went onto define ‘provincial’: ‘they are ignoring more than half the world.’

http://therealasset.co.uk/blinkers-off-gold-experts/

[Naam]

good reads and half the world buying Gold caused the price to fall ~33%?

[churchill]

Worth a read unless you live in Gotham City

Ignore The Fed's DoubleSpeak And Get To Gold

http://seekingalpha.com/article/1514602-ignore-the-fed-s-doublespeak-and-get-to-gold?source=email_rt_article_title

[yoshiwara]

Worth a read unless you live in Gotham City

Ignore The Fed's DoubleSpeak And Get To Gold

http://seekingalpha.com/article/1514602-ignore-the-fed-s-doublespeak-and-get-to-gold?source=email_rt_article_title

He should buy more dairy goats.

[Naam]

Worth a read unless you live in Gotham City

Ignore The Fed's DoubleSpeak And Get To Gold

http://seekingalpha.com/article/1514602-ignore-the-fed-s-doublespeak-and-get-to-gold?source=email_rt_article_title

He should buy more dairy goats.

dairy goat recommended by "Galactic Gold Council":

[waza]

Worth a read unless you live in Gotham City

Ignore The Fed's DoubleSpeak And Get To Gold

http://seekingalpha.com/article/1514602-ignore-the-fed-s-doublespeak-and-get-to-gold?source=email_rt_article_title

He should buy more dairy goats.

dairy goat recommended by "Galactic Gold Council":

Good luck milking him Naam

[harryfrompattaya]

so with the drop - time to buy back in?

Please do not gold shall see 1025 now under 1300 be very careful

I have to say I was wrong how gold is liked by the poor in the world and in Pattaya I will say it shall see 850 very soon Yes I have shorted the GLD at 168 and today say put another short postion

[binjalin]

so with the drop - time to buy back in?

Please do not gold shall see 1025 now under 1300 be very careful

I have to say I was wrong how gold is liked by the poor in the world and in Pattaya I will say it shall see 850 very soon Yes I have shorted the GLD at 168 and today say put another short postion

a joke? 850?

[harryfrompattaya]

so with the drop - time to buy back in?

Please do not gold shall see 1025 now under 1300 be very careful

I have to say I was wrong how gold is liked by the poor in the world and in Pattaya I will say it shall see 850 very soon Yes I have shorted the GLD at 168 and today say put another short postion

a joke? 850?

No Joke I am making serious money and trying to help the poor who belive gold shall come back in 10 years

Just remeber in 2 years when it will be under 850 who told you

Check the post what I said from 1500 to the high

[LibertyNinja1776]

No Joke I am making serious money and trying to help the poor who belive gold shall come back in 10 years

Just remeber in 2 years when it will be under 850 who told you

Check the post what I said from 1500 to the high

It could well dip further, but it is well oversold.

But to say it won't recover for 10 years means you have pretty strong faith in central banks and sovereign debt levels.

Any particular pro- trader who's views you follow?

(Please don't say Tim Geithner )

[mania]

No Joke I am making serious money and trying to help the poor who belive gold shall come back in 10 years

Just remeber in 2 years when it will be under 850 who told you

Gold shall come back in 10 years?

If gold does not show a profit at the end of this year it will be the first in 10 years that

it did not. So it may be acceptable. But we have half a year to go. Not that it matters

Will try to remember to check your prediction in 2 years

But you may also be joining the famous VegasVic seer of future gold prices

from the first few pages of this thread in that department.

Predictions are like that 50/50

[yoshiwara]

No Joke I am making serious money and trying to help the poor who belive gold shall come back in 10 years

Just remeber in 2 years when it will be under 850 who told you

Check the post what I said from 1500 to the high

It could well dip further, but it is well oversold.

But to say it won't recover for 10 years means you have pretty strong faith in central banks and sovereign debt levels.

Any particular pro- trader who's views you follow?

(Please don't say Tim Geithner )

Tim Geithner is not in office. What are you on about?

[mania]

No Joke I am making serious money and trying to help the poor who belive gold shall come back in 10 years

Just remeber in 2 years when it will be under 850 who told you

Check the post what I said from 1500 to the high

It could well dip further, but it is well oversold.

But to say it won't recover for 10 years means you have pretty strong faith in central banks and sovereign debt levels.

Any particular pro- trader who's views you follow?

(Please don't say Tim Geithner )

Tim Geithner is not in office. What are you on about?

So when he left office his "views" were all erased?

Could be a handy feature for these types

[yoshiwara]

No Joke I am making serious money and trying to help the poor who belive gold shall come back in 10 years

Just remeber in 2 years when it will be under 850 who told you

Check the post what I said from 1500 to the high

Any particular pro- trader who's views you follow?

Dennis Gartman. He is sane.

[yoshiwara]

No Joke I am making serious money and trying to help the poor who belive gold shall come back in 10 years

Just remeber in 2 years when it will be under 850 who told you

Check the post what I said from 1500 to the high

It could well dip further, but it is well oversold.

But to say it won't recover for 10 years means you have pretty strong faith in central banks and sovereign debt levels.

Any particular pro- trader who's views you follow?

(Please don't say Tim Geithner )

Tim Geithner is not in office. What are you on about?

So when he left office his "views" were all erased?

Could be a handy feature for these types

What views?

[mania]

Tim Geithner is not in office. What are you on about?

So when he left office his "views" were all erased?

Could be a handy feature for these types

What views?

No idea as I do not listen to idiots when possible.

But I was speaking to your usual one liner type flame response to LinertyNinja in which you

tried to imply Geithner never had any since he was no longer in office.

Edited June 25, 2013 by mania