I trust that all of you have a regular paying daytime jobs, because as fortune tellers you stink.
What a load of crock. Notice who didn't even bother to make a call back in January but now comments on other's work. There were a number of calls on gold and silver that were very close over the past 1-2 months. In fact those that called $1200+/$19+ and saw it drop to under their peak basically hit it dead on imo. Same for silver. Those were gutsy calls back in January at $850 gold when the majority was calling for a 2009 washout. Those holding gold long in 2009 figuring on $1100+ pretty much got what they asked for.
As far as the Dow goes it's not even on topic for this forum. I spend 95% of my market time on the PM side. The fact that both of my peak calls for gold/silver were exceeded is a .666 batting average I'm more than happy with. Yeah, we've been "fortune telling" for 9 years straight now. Number 10 is on its way.
Gold: $1275 Silver: $21 Dow: 11,000
Inflation due to the increase of the money supply should start to be evident this year if the present course is continued.
Walmann's call was probably the best overall back from January. I wouldn't label his call of monetary inflation inaccurate either. No matter what you call it (ie Tarp, QE, ransom, HFT, carry trades, bailouts, nationalization, etc.) there was massive money tossed into the system and it showed up as asset inflation in stocks and commodities. All of those factors are related to money in one shape or form. The end result was the same. Good calls Walmann.
Comments
What a load of crock. Notice who didn't even bother to make a call back in January but now comments on other's work. There were a number of calls on gold and silver that were very close over the past 1-2 months. In fact those that called $1200+/$19+ and saw it drop to under their peak basically hit it dead on imo. Same for silver. Those were gutsy calls back in January at $850 gold when the majority was calling for a 2009 washout. Those holding gold long in 2009 figuring on $1100+ pretty much got what they asked for.
As far as the Dow goes it's not even on topic for this forum. I spend 95% of my market time on the PM side. The fact that both of my peak calls for gold/silver were exceeded is a .666 batting average I'm more than happy with. Yeah, we've been "fortune telling" for 9 years straight now. Number 10 is on its way.
Gold: $1275
Silver: $21
Dow: 11,000
Inflation due to the increase of the money supply should start to be evident this year if the present course is continued.
Walmann's call was probably the best overall back from January. I wouldn't label his call of monetary inflation inaccurate either. No matter what you call it (ie Tarp, QE, ransom, HFT, carry trades, bailouts, nationalization, etc.) there was massive money tossed into the system and it showed up as asset inflation in stocks and commodities. All of those factors are related to money in one shape or form. The end result was the same. Good calls Walmann.
roadrunner