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Gold forecast

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NOMAD1
Frequent Contributor
Hi Maybe a stupid question. But i have been searching for gold news and what people forecast it to be on the net and it all came across to me as a sales pitch, as in dont buy gold buy our product for decent returns. So what you the experience investor and traders forecast gold to be in 3 to 5 years? Regards
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19 REPLIES 19
BC02
Super Contributor
no offense to anyone here but the 3-5 years opinion from today will be a guess at best, there arent really fundamentals to help direct you.
JP Morgan had gold at $ 2,200 by the end of the last year, just to show you that nobody knows.

My 2c though, as an investment (3-5 years) gold sucks rather buy yourself some good quality property shares.
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SimonPB
Valued Contributor
ya, any forcast is just a guess and yours is as good as anybody elses ..
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BC02
Super Contributor
totally agreed - just a guess based on past research.
I do believe though one should leave the gold to traders, not investors. And gold as a hedging tool to when the world collapses? If the events are really that bad it wont help.
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Fredsed
Super Contributor
Sangoma has previously advised peak gold at $3500 per KR but warns of nightmares in which Attila plays a leading role.
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Not applicable
Jokes aside, whats the opinion of the forum about all the hype of silver as the "investment" of the decade and the transfer of wealth from fiat currencies to holders of physical precious metals and other tangible assets due to the debt bubble of the west and manipulation of prices etc etc etc? Seems far fetched, but some top guns believe this to be true.
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Not applicable
Jokes aside, whats the opinion of the forum about all the hype of silver as the "investment" of the decade and the transfer of wealth from fiat currencies to holders of physical precious metals and other tangible assets due to the debt bubble of the west and manipulation of prices etc etc etc? Seems far fetched, but some top guns believe this to be true.
0 Kudos
Not applicable
Jokes aside, whats the opinion of the forum about all the hype of silver as the "investment" of the decade and the transfer of wealth from fiat currencies to holders of physical precious metals and other tangible assets due to the debt bubble of the west and manipulation of prices etc etc etc? Seems far fetched, but some top guns believe this to be true.
0 Kudos
Not applicable
Jokes aside, whats the opinion of the forum about all the hype of silver as the "investment" of the decade and the transfer of wealth from fiat currencies to holders of physical precious metals and other tangible assets due to the debt bubble of the west and manipulation of prices etc etc etc? Seems far fetched, but some top guns believe this to be true.
0 Kudos
Not applicable
Jokes aside, whats the opinion of the forum about all the hype of silver as the "investment" of the decade and the transfer of wealth from fiat currencies to holders of physical precious metals and other tangible assets due to the debt bubble of the west and manipulation of prices etc etc etc? Seems far fetched, but some top guns believe this to be true.
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Penny_Pincher
Super Contributor
Question is whether bankers will be able to continue manipulating bullion markets such as silver as it reputedly have done for decades. The world is living off worthless paper money. How long can the charade continue? Suppose if we knew the answer to that we would be investing richly in bullion. With all the attention now on the bankers will it for them be "business as usual?" - what worked for them yesterday will it work tomorrow?
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Rams
Super Contributor
jokes aside?...when there is a system error message, ignore it. copy your post, refresh your page and your post will be there
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Not applicable
Thanks, now I know.
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SimonPB
Valued Contributor
real question is what next ?? it is not possible to return to the gold standard, that genie cannot be squeezed back into the bottle .. so other options ??
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DEP
Super Contributor
Other options - buy Gold and Golds shares - Central Banks (FED + ECB) are about to go nuts - printing Fiats! There is no free lunch, if they do - then expect Gold, certain commodities and Resources shares to re-price. If they don't - well expect a sell off in equities and Gold!
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SimonPB
Valued Contributor
DEP, they already going nuts and running those printing presses full time ..
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DEP
Super Contributor
Nah... we haven't see nothing yet! Markets expects big things from ECB and FED - whether we get it I'm not sure!
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Wino
Super Contributor
In this debate, a study of the gold and ALSH comparison chart(3yrs weekly) is rather illuminating. From Feb 2011 the two diverge and then from from Sept 2011 their trend lines are converging? Furthermore for the last 2 yrs their peaks and troughs almost coincide. Gold is also battling to break above major resistance at 1625. If this trend continues, then imo, ALSH should outperform gold or, if it dips gold will follow? What is your interpretation?
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Fredsed
Super Contributor
Sangoma advises of a yield-less graveyard where zombies rise and for a while they walk again.
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Fredsed
Super Contributor
Sangamo advises that Gold hits occur following european close and before US opens. This tradition helps to maintain a good working relationship. Also, when a dog appears to be wagged by it's tail it be time for new spectacles.
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