With all do respect to AnkurJ's recent thread, I now predict that gold will hit $1000 by week's end!

Goldbully · July 20, 2008 12:00PM

This is the week!!!!!

Why???? It's my understanding that Fannie Mae and Freddie Mac backed lenders, will only take payment in gold bullion for an indeterminate period of time !!!!

What say you folk????

edited to correct spelling of "indeterminate"....tough word!!!

BECOKA · July 20, 2008 12:01PM

I say $999 and then a pull back to $950.

mrearlygold · July 20, 2008 12:11PM

Where did you hear that news or are you pulling our legs?

charley · July 20, 2008 12:17PM

I can't comment. I am a tin-hat barfly, or something like that. Respectfully, John Curlis

Goldbully · July 20, 2008 12:18PM

<< Where did you hear that news or are you pulling our legs? >>

I'm pulling your legs....this is my attempt at humor!!!

RedTiger · July 20, 2008 12:20PM

Haha, well I predicted "more predictions," who has my jelly donut prize?

These predictions are entertaining, but again, what folks are doing is much more interesting than predictions. Are folks buying? Selling? Planning to buy or sell? Or just another would be pundit that will crow for a victory lap if by some luck, they get one right (like I just did with the bit about more predictions)?

/edit to put it in third person

Jroy · July 20, 2008 12:23PM

Actually, I believe it will rise over the next few days, maybe as high as $1000, maybe not.

mrearlygold · July 20, 2008 12:30PM

Let's Watch!

Jroy · July 20, 2008 12:41PM

I'm basing my prediction on this: http://money.cnn.com/2008/07/20/news/economy/paulson_economy.ap/index.htm?cnn=yes and the fact that gold is already up almost $4 before the market even opens. Maybe up $20 tomorrow.

DUIGUY · July 20, 2008 12:51PM

<< I can't comment. I am a tin-hat barfly, or something like that. Respectfully, John Curlis >>

Just my Luck, bars are closed in this hayseed town on Sunday.

ChrisRx · July 20, 2008 12:57PM

Yawn ZzZzZz YAWN

theump · July 20, 2008 2:23PM

The fact that gold is up $4 at 12:15 EDT means nothing. The gold market doesn't really get going until the London Market opens around 3:30ish am.

And, even that doesn't mean a whole hell of a lot, because the real tell is at 6am, when the Exchange Stabilization Fund kicks into action.

But the final determination is at 8:20 when the CRIMEX, I mean the COMEX opens in NY.

This come from years of watching gold.

And, don't get me wrong, I am extremely bullish in gold as I think it tops $1650 in 2011.

AnkurJ · July 20, 2008 2:36PM

I'm sayin nuthin

roadrunner · July 20, 2008 7:06PM

Straw hat barfly here, nothing to report other than to say gold is simmering and waiting for a pop. I'd say one more turn away from $1000 before proceeding. I sold some gold stocks and funds within the past 2 weeks to better optimize by choices.....and do want to get back into others shortly.

roadrunner

Jcarney · July 20, 2008 9:27PM

<< edited to correct spelling of "indeterminate"....tough word!!!

>>

You should edit again to correct title spelling. ..."do respect" = "due respect".

TwoSides2aCoin · July 20, 2008 9:41PM

<< Let's Watch!

>>

Let's participate ! ...follow your coinscience.

Goldbully · July 21, 2008 10:29AM

<< 

<< edited to correct spelling of "indeterminate"....tough word!!!

>>

You should edit again to correct title spelling. ..."do respect" = "due respect".

>>

Jcarney you got me...and to think I was considered a good speller/grammarian in high school!!!

I won't change it just to punish myself on this public forum.

But, on the subject of gold headed to $1000........4 days left, and $32 to go.

rgCoinGuy · July 22, 2008 1:25AM

Goldbully · July 22, 2008 1:26AM

<<

>>

I was waiting for that Mr. Fancy Pics!!!

Tvac897 · July 22, 2008 1:28AM

<< 

<< Where did you hear that news or are you pulling our legs? >>

I'm pulling your legs....this is my attempt at humor!!!

>>

You suck lol...

Steve27 · July 22, 2008 1:31AM

The Dollar is up, crude oil is down, and gold isn't going to hit $1000 this week unless hurricane Dolly wipes-out a few platforms and a refinery.

rgCoinGuy · July 25, 2008 7:26AM

<< This is the week!!!!!

Why???? It's my understanding that Fannie Mae and Freddie Mac backed lenders, will only take payment in gold bullion for an indeterminate period of time !!!!

>>

EEEEEEEENNNNNNNTTTTTT TRY AGAIN!

roadrunner · July 25, 2008 7:56AM

Clearly you underestimated the resolve and shenanigans of the FED and PPT.

roadrunner

With all do respect to AnkurJ's recent thread, I now predict that gold will hit $1000 by week's end!

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