GOLD to 200-400 (prediction)

[Asrael999]

Long-term:
Short at 1163, STOP 1345, Target 200-400

Target 200-400

How so?  

Too expensive,  

are you Gordon Brown trying to get back UK's gold for a profit?

[TheRealistMassiah1]

Btw,  Guy_Wonderful

I am unsure as to whether or not you are trolling lols =/ ...

your estimates and outrageous posts/ claims on Bitcoin and Gold prices seem to be made to incite a response and general euphoric affirmation to others in the "sea of the uneducated" ... I don't know if you are doing more harm than good lols...

but how ever you feel like carrying on your tyranny then I guess by all means ... do you.

Side note: what I mean by "general euphoric affirmation" ... is when the masses seem to need peer to peer consolidation on a price point when they are all blindly investing and have no understanding of direction so they spread speculative confirmation amongst each other to reinforce positive outlook when in reality its all based on oblivious judgements.

[guy_wonderful]

Btw,  Guy_Wonderful

I am unsure as to whether or not you are trolling lols =/ ...

your estimates and outrageous posts/ claims on Bitcoin and Gold prices seem to be made to incite a response and general euphoric affirmation to others in the "sea of the uneducated" ... I don't know if you are doing more harm than good lols...

but how ever you feel like carrying on your tyranny then I guess by all means ... do you.

Side note: what I mean by "general euphoric affirmation" ... is when the masses seem to need peer to peer consolidation on a price point when they are all blindly investing and have no understanding of direction so they spread speculative confirmation amongst each other to reinforce positive outlook when in reality its all based on oblivious judgements.

Noo, You got me! Shame on me.

Btw.
WHat you want to tell exactly? Im to dumb to understand.

Long-term:
Short at 1163, STOP 1345, Target 200-400

Target 200-400

How so?  

Too expensive,  

are you Gordon Brown trying to get back UK's gold for a profit?

Maybe not. From now you can call me Gordon Brown if you want to. Let's start role-playing.

[yefi]

Welcome to GOLD (XAUUSD) forecast topic
I will follow and update this forecast in course of time.

Current price 1163

Target 200-400


Forecast
Mid term: -----no-----

Long term: Short at 1163, STOP 1345, Target 200-400

So essentially below the cost of production for all miners. Damn, you'd think after half of all miners went bust, that it might be a sufficient squeeze on supply, but no, every single one must die - the gods have spoken!

[MF Doom]

Welcome to GOLD (XAUUSD) forecast topic
I will follow and update this forecast in course of time.

Current price 1163

Target 200-400


Forecast
Mid term: -----no-----

Long term: Short at 1163, STOP 1345, Target 200-400

So essentially below the cost of production for all miners. Damn, you'd think after half of all miners went bust, that it might be a sufficient squeeze on supply, but no, every single one must die - the gods have spoken!

What I can't understand (and I'm not sure if anyone can) is that demand especially for physical is extremely high.  High enough for silver that the us mint sold out of eagles.

Does that strike anyone else as extremely odd?  Usually high demand, low supply leads to higher prices, not lower.  I think right now is a good buy opportunity for pm's

[guy_wonderful]

Welcome to GOLD (XAUUSD) forecast topic
I will follow and update this forecast in course of time.

Current price 1163

Target 200-400


Forecast
Mid term: -----no-----

Long term: Short at 1163, STOP 1345, Target 200-400

So essentially below the cost of production for all miners. Damn, you'd think after half of all miners went bust, that it might be a sufficient squeeze on supply, but no, every single one must die - the gods have spoken!

What I can't understand (and I'm not sure if anyone can) is that demand especially for physical is extremely high.  High enough for silver that the us mint sold out of eagles.

Does that strike anyone else as extremely odd?  Usually high demand, low supply leads to higher prices, not lower.  I think right now is a good buy opportunity for pm's

nope. for the same  reason as https://bitcointalk.org/index.php?topic=1119907.msg11924367#msg11924367

[randy8777]

it quite looks like trolling, there is no way the gold price will go down that much. at this point the current price doesn't look that bad, it might go down a bit, but surely not that much.

[guy_wonderful]

it quite looks like trolling, there is no way the gold price will go down that much. at this point the current price doesn't look that bad, it might go down a bit, but surely not that much.

it could go down now to 900, "a bit"

[Amph]

it quite looks like trolling, there is no way the gold price will go down that much. at this point the current price doesn't look that bad, it might go down a bit, but surely not that much.

it could go down now to 900, "a bit"

i'm not expecting it to crash under 668, which was the first ath, based on data from the all tiem chart, it should fluctuate between 700 and 1k in the worst case

i hope it mean that people will be interested more in bitcoin, if they are selling gold for good...

[klee]

[EDIT: Pretty much] I agree: https://bitcointalk.org/index.php?topic=1064374.msg11940479#msg11940479

Too bored to post a chart but my prediction is based on PnF analysis.

It will take time though and we will have bounces. If you are short stoploss at 1350$. Buy 1450$.

[tyrexs]

it quite looks like trolling, there is no way the gold price will go down that much. at this point the current price doesn't look that bad, it might go down a bit, but surely not that much.

it could go down now to 900, "a bit"

this is time for gold will crash, now economy is not in good so every investment risk will broke. i dont think gold will up again like before

[randy8777]

it quite looks like trolling, there is no way the gold price will go down that much. at this point the current price doesn't look that bad, it might go down a bit, but surely not that much.

it could go down now to 900, "a bit"

this is time for gold will crash, now economy is not in good so every investment risk will broke. i dont think gold will up again like before

it's all about supply and demand. what looks like a not so good investment right now, can turn into a very rewarding investment tomorrow.

[Wexlike]

Welcome to GOLD (XAUUSD) forecast topic
I will follow and update this forecast in course of time.

Current price 1163

Target 200-400


Forecast
Mid term: -----no-----

Long term: Short at 1163, STOP 1345, Target 200-400

Just compare the current media coverage regarding gold and the similarities to the coverage in 1987. The headline was the same, bur it was the bottom of the downtrend and gold multiplied its value 3 times in the following 12 years.

Armstrong released a good article about it just a few days ago.

[MF Doom]

Welcome to GOLD (XAUUSD) forecast topic
I will follow and update this forecast in course of time.

Current price 1163

Target 200-400


Forecast
Mid term: -----no-----

Long term: Short at 1163, STOP 1345, Target 200-400

Just compare the current media coverage regarding gold and the similarities to the coverage in 1987. The headline was the same, bur it was the bottom of the downtrend and gold multiplied its value 3 times in the following 12 years.

Armstrong released a good article about it just a few days ago.

Another thing to look at is these large banks dumping gold, and waiting to buy back in.

I believe it was JP Morgan who once (maybe more than once) sold something like 550,000lb of silver, on Dec 31, only to buy it back the next day for slightly less, and it helped their end of year accounting.

Anyway, its pretty evident that demand for physical is still high.  Thats how backward the world is right now, demand is through the roof, yet prices are dropping.  I wouldnt be surprised if whoever dumped the $1.5 billion of gold is planning on buying back soon.

[guy_wonderful]

Welcome to GOLD (XAUUSD) forecast topic
I will follow and update this forecast in course of time.

Current price 1163

Target 200-400


Forecast
Mid term: -----no-----

Long term: Short at 1163, STOP 1345, Target 200-400

Just compare the current media coverage regarding gold and the similarities to the coverage in 1987. The headline was the same, bur it was the bottom of the downtrend and gold multiplied its value 3 times in the following 12 years.

Armstrong released a good article about it just a few days ago.

Another thing to look at is these large banks dumping gold, and waiting to buy back in.

I believe it was JP Morgan who once (maybe more than once) sold something like 550,000lb of silver, on Dec 31, only to buy it back the next day for slightly less, and it helped their end of year accounting.

Anyway, its pretty evident that demand for physical is still high.  Thats how backward the world is right now, demand is through the roof, yet prices are dropping.  I wouldnt be surprised if whoever dumped the $1.5 billion of gold is planning on buying back soon.

Aaa-ha. Buying later.., after ten decades for sure, maybe.. Will stay at price 200 forever.

[NorrisK]

If it dips below 1000 I'm going to consider buying a bar to sit next to a nice sheet of bitcoin in a safe

Bold prediction, I think it is too far..

[afbitcoins]

Heres a cheeky little gold prediction for you. Gold may (soon) rally to the top of this channel at roughly $10000 per ounce  



Think about it, in a world on the verge of currency crises and collapse is gold going to idly sit by and drop to $400. Gold is money.

Bitcoin will do rather well too, potentially bigger gains (but there are more risks with bitcoin than gold)

[8up]

Heres a cheeky little gold prediction for you. Gold may (soon) rally to the top of this channel at roughly $10000 per ounce  



Think about it, in a world on the verge of currency crises and collapse is gold going to idly sit by and drop to $400. Gold is money.

Bitcoin will do rather well too, potentially bigger gains (but there are more risks with bitcoin than gold)

If gold goes x10 - bitcoin goes x1000.

[guy_wonderful]

nice moment to massively short gold, price now 1263

[RodeoX]

nice moment to massively short gold, price now 1263

So it went up $100? I thought you were arguing that it will go down because it is "to expensive"? Be careful man, shorting can be brutal.