Article states: "If gold were to rally 750% from its recent low of $700, that would put the precious metal at $5,250 ... I suggest having some exposure to the precious metal. "
You think that Gold will go to $5000 and then you suggest "some" exposure to precious metals? Ddduhh! Hello? Anyone home?
Also, the title of your article is "stale" by at least 5-years as the bull market in gold had already started back then.
In short: give me a break, and don't tell me stuff I have known for the past 5 years!
"from all the factors examined so far, gold is likely to remain range-bound around $900’s to $1,000’s in the near-term, while markets and the global economy stabilize. "
Wrong!
Gold $1300 by April 2010, or sooner Silver $26 by April 2010, or sooner
Inflation or Deflation? Invest in Gold [View article]
Oh brother, you were doing OK till you mentioned "America's end of hegemony" -- Another America hater?
Also, the silver stock you recommended with gusto in your book years ago, Apex Silver ended up going bankrupt and people who bought it on your recommendation in your book saw their investment go to zero.
Furthermore, Mr. Leeb, your other predictions in the same book, like oil going to $250/barrel and defense industry stocks going through the roof were all wrong -- you were off the base by light years!
Your assertion here in this article that deflation and inflation are both " 'faltions " and gold will do well in both environments is ridiculous. No real economist or trader is of the oinion that gold will do well in deflation. This is totally wrong. Yet you try to 'cover all your bases' by hedging your bets this way -- Gee, any 9 year old could say the same thing: deflation is same as inflation same as gold skyrocketing!
Hyperinflation is on its way, not deflation, and if gold does well (which it will), it won't be because Leeb said os either!
G$1250/oz and S$25/oz by year end, then a pull back, followed by another rally into April 2010 to reach $1300/oz by end of spring 2010 again - G$1500/oz ans S$35/oz by end of 2010. and into 2011 -- easily.
Sort by:
Latest | Highest ratedDollar Danger: Iran's Oil Bourse Steps Up Activity [View article]
Long live secular democracy in Iran!
Gold's Next Bull Market Has Begun [View article]
You think that Gold will go to $5000 and then you suggest "some" exposure to precious metals? Ddduhh! Hello? Anyone home?
Also, the title of your article is "stale" by at least 5-years as the bull market in gold had already started back then.
In short: give me a break, and don't tell me stuff I have known for the past 5 years!
Gold: Is Now the Time to Buy? [View article]
Gold: Is Now the Time to Buy? [View article]
Second half of the article is good, and I agree- Could have just made the second half into one article and leav it at that.
First half of the article, round and round about ranting. Unnecessary and wasteful.
Gold - Healthy Pullback in Uptrend [View article]
Now all we need is astrike by United Islami-fascist States headed by Iran on Israel-- gold will spike $300-$500 the same day
Short-Term vs. Long-Term Gold Forecasts [View article]
Gold to $3,000? [View article]
This by 2012 or before.
I have known this since 3 years ago when I bought gold below $500 and silver below $8 :)
Now go fly a kite budd.
Will This Gold Rush Continue? [View article]
Wrong!
Gold $1300 by April 2010, or sooner
Silver $26 by April 2010, or sooner
Money Talks, But Gold Shouts [View article]
Four Keys to Gold’s Next Move [View article]
Inflation or Deflation? Invest in Gold [View article]
Also, the silver stock you recommended with gusto in your book years ago, Apex Silver ended up going bankrupt and people who bought it on your recommendation in your book saw their investment go to zero.
Furthermore, Mr. Leeb, your other predictions in the same book, like oil going to $250/barrel and defense industry stocks going through the roof were all wrong -- you were off the base by light years!
Your assertion here in this article that deflation and inflation are both " 'faltions " and gold will do well in both environments is ridiculous. No real economist or trader is of the oinion that gold will do well in deflation. This is totally wrong. Yet you try to 'cover all your bases' by hedging your bets this way -- Gee, any 9 year old could say the same thing: deflation is same as inflation same as gold skyrocketing!
Hyperinflation is on its way, not deflation, and if gold does well (which it will), it won't be because Leeb said os either!
Gold Party Has Barely Started [View article]
G$3000-G$5000 by 2015-2017
Why Is Gold at $1,000? [View article]
Can Gold Go Even Higher? [View article]
Gold Breaks $1,000 [View article]
GOOD! Gold creeps up in quietness- and so does silver
Gold $5000; Silver $100; DJIA 3000 within 10 years.