EricH

UBS Lowers Gold Expectations Again

Gold spot price is definetly manipulated (through paper gold). It's held down, and pounded down a little more all the time.

First disinflation (now), followed by inflation (later), last but not least hyperinflation.

If I had extra USD to invest, I'd trade it for physical gold at any price below $800 spot (I expect the spot price to drop below $500/oz for a short period, but I don't expect anyone will be able to be able to get their greedy hands on any physical metal at those fake low prices).

Therefore, I'd buy and hold the real deal while you can in preperation of the coming worldwide economics fireworks show of 2009. If you try and time the market you will get stuck with great priced paper promises for non-existent gold, meanwhile everyone is defaulting on all kinds of promises. Do you want to be that guy/girl?

All the while the media will be guiding the dumb masses into the USD; 98% of which will bite the hook. Not you.

This is just my vision of how things play themselves out... I hope I'm wrong.

First Fuel, Now Metals - Forecasts Lowered

Paultat... Good post, I have to admit you tore me up; I concede. I guess the media got into my head there... for a few minutes they actually had me believing the dollar was strong. I'm back on track now though; the dollar is garbage! But gold will still stay down. Why? because it's being held down, and they'll keep pounding it down.

If you decide to vote, vote for Chuck Baldwin... Look him up.

Why Oil and Gold Are Headed Much Higher

Philly Jim - I think we should take Cramer & GMT's forecast's and divide them by 4 for realistic price targets. It may be counterintuitive, but i bet it becomes reality. When it happens everyone will be in a state of 'shock and awe'.

My secret investing formula (ssshhhhh)... (1) Do all your research & make a sound logical mental investment selection, but don't act yet (2) get approval from media analyst guy's like Cramer to support your decision, make sure Cramer says "buy, buy, buy"... just then you know it was a bad idea, walk away, or better yet do a contrary investment (defy logic).

First Fuel, Now Metals - Forecasts Lowered

I agree with this article... All precious metals will go down, down, down; and just when you think they've hit rock bottom, they'll go down some more and then continue to slide.

The USD is on a raging bull run, it can only go up from here "Every day we seem to reach a permanent new high for the USD"