GOLD 0.51% $1,391.7 gold futures

gold going to $1200, page-27

  1. 33,110 Posts.
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    Hi Andy,

    Personally I believe that $1200 by 2018 is very optimistic, I'd say much lower, gold's had its day in the Sun, the people making the real money for the last year or two own shares.

    First thing I notice in the baggage hall is the numbers of passengers, it's increasing exponentially by the year, despite the colossal global financial crash that's just around the corner, not just that , local property prices here are going through the roof, causing quite some concern for local authorities, great for me though,like they say at Mcdonalds, "I'm lovin' it'.

    The final economic meltdown the goldbugs are preparing themselves for is like peak oil, it's never going to happen, but I suppose it keeps them busy, especially the part where they dream where they'll be rich and everyone else will be poor.

    Thanks for the invite Andy but anything's better than listening to depressing Dr. Doom and boring Ron Paul, who should've stuck to delivering babies, I'll be too busy managing my shares which are up about 20% in the last year. You invest like Ron Paul in gold juniors and you'll spend your winter years poverty-stricken.

    Maybe I could make a presentation at the Conference about why gold's grossly overpriced and is past its use-by date. Maybe not, they'll only want to hear good things like the stuff from KWN and Jim Sinclair.

    I don't want to get out more, Andy, I've spent my entire working life travelling the world, I've been to the UK about 200 times to give you an example.

    The money printing you keep banging on about doesn't appear to be having any effect on the gold price Andy, but if you post enough, some newbies might listen.

    Cheers
 
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