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don pedro » Comments » GLD

  • This Is Just the Beginning [View article]
    what many here are doing is totally missing the point of peter schiff. neither he nor anybody else can predict exactly when the sh*t will hit the fan, but if we continue on the course we are everything faber & co. predict will surely happen.
    Feb 08 16:52 pm |Rating: +7 -3 |Link to Comment
  • Make It or Break It Week for Gold [View article]
    i wrote a book on chart analysis 10 years ago when only pro's had an idea what a moving average or rsi is.... i DO NOT NEED a chart to understand that a bunch of old debt plus a lot more new debt will hurt the dollar and increase inflation. and that this will help precious metals. when this will play out is anybody's guess, but it will happen, not doubt about that.

    once the ATM's stop spitting out money its too late to protect your ass, so better safe than sorry.... just ask anybody in iceland...
    Feb 05 10:19 am |Rating: +4 -1 |Link to Comment
  • Will We See a Big Upward Move in Gold? [View article]
    analysts are almost always wrong... take the opposite side of what the 'experts' consensus is......


    On Dec 15 02:14 PM Jake2 wrote:

    > "Last Thursday we highlighted consensus analyst estimates for the
    > price of crude oil. Below we provide the consensus price target for
    > gold through 2012. These target prices are based on the median of
    > 21 gold analysts surveyed by Bloomberg.
    >
    > "As shown, analysts currently aren't expecting a big rally or a big
    > decline in gold over the next few years. By mid-year 2009, analysts
    > are expecting gold to be at $825/ounce, which is less than $10 from
    > its current price of $816. At the end of 2011, analysts expect gold
    > to be down to $790, and then down to $762 by the end of 2012."

    >
    > Excert from a post by Bespoke Investment Group
    >
    Dec 15 22:03 pm |Rating: 0 0 |Link to Comment
  • Dollar vs. Gold - Can We Trust This Change? [View article]
    Many here think the greenback will stay strong because it somehow 'should'. why? Safe haven? Please, the Eurozone is just as 'safe' as our zone. Because we are in better shape than they are? Who says! Thats total spin by FED shills on TV! We are the bubble capital of the universe!

    we can NEVER repay the debt we already have and the holders of our worthless treasury notes are all afraid to cry wolf? guess what, the emperor has no clothes and the world is beginning to find out. the dollar must and will fall, more than anybody can guess right now. it is even in our own interest. read up on bernanke's 2002 speeches on deflation if you don't believe me...
    Dec 14 13:07 pm |Rating: 0 0 |Link to Comment
  • Will We See a Big Upward Move in Gold? [View article]
    hey hedgeman,

    like your statement: Bubble "order" - Equity - Realestate - Commodity - Precious Metals

    this came to my mind yesterday although i thought that a precious metals bubble will come first, then commodities. as always, the time to get out of each is when housewife's start to have meetings to discuss their various 'strategies' and 20/20 runs a show on how college dropouts are getting rich with something
    :-)
    Dec 14 12:51 pm |Rating: +1 0 |Link to Comment
  • Negative Real Rates Will Drive Gold Prices Up [View article]
    The dollar must go down!

    Read Bernanke's past speeches on deflation. If injected massive amounts of money does not work, the next step is to devalue the dollar to get inflation going. Because with inflation, keeping you money sitting in a bank is the last thing you want to do. Won't take long now is my guess, and when the dollar goes down, commodities, incl. gold, go up!
    Dec 07 20:39 pm |Rating: +2 0 |Link to Comment
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