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Goldman says 1050 gold in 2014....!!

bidaskbidask Posts: 14,017 ✭✭✭✭✭
in Precious Metals
Goldman callimage
I manage money. I earn money. I save money .
I give away money. I collect money.
I don’t love money . I do love the Lord God.




Comments

  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,365 ✭✭✭✭✭
    At $1,050 I will likely add a lot more in 2014.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • OPAOPA Posts: 17,121 ✭✭✭✭✭
    I'm glad to hear it from GM. They've been way off with their fortune telling on PM's for the last 4 years. Expect the opposite to happen.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • DrBusterDrBuster Posts: 5,393 ✭✭✭✭✭
    Saw that this morning. Good news for us longs holding to buy...
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    Good. Then my PCGS-63 Saints will only cost me 'bout $1,250-$1,300. Maybe.
  • jdimmickjdimmick Posts: 9,678 ✭✭✭✭✭
    I think that will be a little high for what it will actually end up in late 2014

    Jim

    I expect a break thru 1000 by mid 14.
  • VanHalenVanHalen Posts: 3,994 ✭✭✭✭✭
    That would likely mean $15 silver too. It might coincide with a DOW at 18,000 and the S&P 500 at 2000.

    Should be interesting after Yellen cranks up the QE to $100 billion/month to keep the equity bubble inflated....
  • jmski52jmski52 Posts: 22,869 ✭✭✭✭✭
    Ok by me. Goldman can tell their muppets anything they want. They may be correct if deflation overwhelms QE.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Some strange times ahead..... I still think a sharp rise in PM's is due in the near future... Cheers, RickO
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,296 ✭✭✭✭✭
    1 ounce of gold at $1250
    1 share GOOG at $1045
    1 share PCLN at $1159
    7 shares of GS for $1190
    -----------------------------

    What will be worth more next November ?
  • CoulportCoulport Posts: 1,087 ✭✭✭
    I'll be buying now and then.
    The most money I made are on coins I haven't sold.

    Got quoins?
  • johnny9434johnny9434 Posts: 28,344 ✭✭✭✭✭
    i wouldnt mind picking some up at that price as well.
  • derrybderryb Posts: 36,837 ✭✭✭✭✭


    << <i>What will be worth more next November ? >>


    A job with health coverage.

    Natural forces of supply and demand are the best regulators on earth.

  • bestmrbestmr Posts: 1,778 ✭✭✭


    << <i>

    << <i>What will be worth more next November ? >>


    A job with health coverage. >>



    I'm lucky, so far, in that aspect. My rates don't change for next year so that's a huge plus imo. I feel sorry/angry for those, like my mom, who either get dropped or have their rates double or worse.

    Back to the topic, I wouldn't mind seeing $15 silver! Sub $1000 gold would be nice as well.
    Positive dealing with oilstates2003, rkfish, Scrapman1077, Weather11am, Guitarwes, Twosides2acoin, Hendrixkat, Sevensteps, CarlWohlforth, DLBack, zug, wildjag, tetradrachm, tydye, NotSure, AgBlox, Seemyauction, Stopmotion, Zubie, Fivecents, Musky1011, Bstat1020, Gsa1fan several times, and Mkman123 LOTS of times
  • BaleyBaley Posts: 22,661 ✭✭✭✭✭
    Well, the 2014 prediction threads will start soon, maybe this is turning out to be the first one.

    I tend to agree that gold is likely to trade to 1050, and silver will go below $18, could test $15.

    However, "gimmick" silver bullion in clever shapes will continue to be priced (and remain unsold) at $20 and $25 and higher per ounce, and this will be presented as "evidence" of a disconnect between paper and physical.

    Liberty: Parent of Science & Industry

  • derrybderryb Posts: 36,837 ✭✭✭✭✭
    a penny difference between paper and physical is evidence of a disconnect.

    Natural forces of supply and demand are the best regulators on earth.

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    Well Goldman is the Gold-Man. Anymore a call on Wall Street is an edict rather than a prediction.

    The world of to big to fail is a wonderful place.
  • OverdateOverdate Posts: 7,008 ✭✭✭✭✭


    << <i>1 ounce of gold at $1250
    1 share GOOG at $1045
    1 share PCLN at $1159
    7 shares of GS for $1190
    -----------------------------

    What will be worth more next November ? >>


    1 Bitcoin? image

    My Adolph A. Weinman signature :)

  • BaleyBaley Posts: 22,661 ✭✭✭✭✭


    << <i>a penny difference between paper and physical is evidence of a disconnect. >>



    Obviously there's a disconnect between the per-ounce price of a one gram ingot versus a real order for deliver of a number of qualified 1000 oz. bars, Captain.
    It's called "wholesale" versus "retail" no matter which commodity you're talking about. Only a "nut" would conclude "conspiracy"

    Liberty: Parent of Science & Industry

  • derrybderryb Posts: 36,837 ✭✭✭✭✭


    << <i>

    << <i>a penny difference between paper and physical is evidence of a disconnect. >>



    Obviously there's a disconnect between the per-ounce price of a one gram ingot versus a real order for deliver of a number of qualified 1000 oz. bars, Captain.
    It's called "wholesale" versus "retail" no matter which commodity you're talking about. Only a "nut" would conclude "conspiracy" >>


    Difference in price between physical and paper has nothing to do with conspiracy. It has everything to do with counterparty risk, Lieutenant. Regardless of quantity there is that added surcharge for removal of risk. The more the risk is reduced, the higher the surcharge. This is why ASEs carry more premium than generic bars. Surcharge (premium) may get reduced by purchasing quantity but it will not get removed.

    Natural forces of supply and demand are the best regulators on earth.

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