Posts by analogharbor44

lonehawk5 said:The TL;DR version for all you fundamentalists out there...
According to the CBO's baseline projections for the ten-year outlook, that budget deficit is supposed to plummet from the current 7% of GDP down to just 2.5% in only three years. We’re talking about the $1.15 trillion deficit from 2012 shrinking all the way down to a measly $433 billion by 2015. They're predicting nominal economic growth of 3.1%, 3.5%, and then hitting 5.9%. Apparently, tax revenue is going to skyrocket while spending stays under control. Plus, they claim interest on ten-year Treasuries won't top 3.5% by 2015. And since the Federal Reserve promised to keep things steady, interest on 90-day Treasuries shouldn't climb above 20 bps. Inflation will remain high and the interest component of the consolidated budget will go from $223 billion to a mere $273 billion.

If this actually happens, where the hell is gold gonna be?☕

See that? Not a single person commented on the post. Neither the gold bulls nor the bears have said a word. It really shows you how much expertise we have on this forum! But hey, I’ve got a question. The gold Bull market kicked off around 2000, right? And gold went up about 3 or 4 times before the 2008 crash. Back then, Treasury yields were double what they are today, inflation was way lower than it is now, GDP growth was higher, deficits were smaller, total national debt was lower, and the whole financial system was way more stable than it is today. Honestly, I'm pretty confused here. Based on what you wrote, gold should definitely be heading up! 😕

Dennis Myers6 said:@analogharbor44

Pretty solid breakdown, I guess...🤷

anyway...props to you...glad to see you back in the game...trying to reclaim what's yours, huh?
🙂

Why would I even leave? Honestly, feels like we're heading straight toward Karl's numbers.😁

rustyseal5 said:That pretty much sums up this whole debate. Sure, it’ll go up eventually, but only God knows when it’ll actually hit those levels. And who knows? Maybe it won't even happen. Half the people pushing this "market manipulation" narrative are nothing but skeptics who don't see gold as a true store of value, but just some tool for "manipulation, robbery, and greed."😁

Check out this analysis from the start of the year 🙄

http://www.jsmineset.com/2013/01/02/gold-analysis-2013/

.....The following chart of the PM gold fixings was prepared a couple of weeks ago to indicate the possible target low of $1642 for the end of the correction......

lonehawk5 said:Still waiting... though I'm trading the swings in the meantime.
I'm not being super rigid about my entry price... if it looks like the drop is finally over, I'll happily pay a few bucks more to get in.

Since you haven't doubled down yet, I'm guessing you're bracing for a dip. Or maybe you've flipped your position and you're just waiting on Jim Sinclair's birthday like some kind of 🙄
?

Dennis Myers6 said:-for Buyer 2011:

He's gone, man, and I swear he's out of here for good.
Just toss a bone... and watch him bolt...
🙂

That's me right here! What can I do for ya?

Melissa Sanchez17 said:You're hilarious!

So now I'm just some troll?😛

rustyseal5 said:Yeah, "might." That’s the magic word, isn't it? Used it a million times before, and look where it got us over the last year and a half. It hasn't happened. Personally, I don't see any massive rally coming that mimics that crazy run we saw from 2002 to 2011.

I know most Americans get burned financially by this because, as usual with any investment, they only jump into gold when it's already sitting right at the peak.

I can still remember the media hype from just two years ago, when every news outlet was screaming about gold and how everyone needed to buy in.

For most people, it was a total scam. They didn't enter gold as long-term investors—those folks were rare to begin with—but they were forced to become long-term holders simply because they got stuck holding the bag.

Is gold going up in the long run? Without a shadow of a doubt, yes. But we'll all be dead by the time that happens. We aren't seeing $3,000, $5,000, or tens of thousands of US Dollars per ounce anytime soon.

Oh, we will! Even Jim says it’s hitting $3,500 right after his birthday. 😂

Looking for specific dates? You got it!

The bet on the short side of gold is that the sequester takes place. Personally, I’ve always felt the gold market's maximum window for this reaction would wrap up right on my birthday, March 27th. That lines up perfectly with the timing of this wager.
Regardless of whether or not the sequester occurs, I'm sticking to my guns on this timeline—I've believed it since the very start of this slump.
Many who I know and asked me in private know this statement to be true. I'm sure only the people right in the thick of this downturn are even reading this.
The bottom could hit as early as February 28th, but the most intense pressure should last until March 27th. After that, gold is going to break free and rocket upward to at least $3500.

Jim Sinclair

What do you guys think about this manifesto?? 😛🙄

Patrick Moore3 said:Draughtin Lesar:

If owning two houses makes you rich, what does that make the people stacking gold?

http://www.foxnews.com/news/economy/if-owning-two-homes-makes-you-rich-what-about-gold

😂

Honestly, looking at gold over the last year and a half, it feels just like negative interest rates! 🤣

They're actually trying to push something similar to negative interest rates over in the UK too!
http://www.wsj.com/articles/uk-negative-interest-rates-news-1087715

How many times do we have to go over this? 🙂 And how is that supposed to impact gold prices? Not at all. 🤣

Look, Evo Fed is printing money, yet gold isn't even moving up? Someone out there claimed that was the only thing that mattered!
Others were calling for 1880 by late February or early March. 🙄

lonehawk5 said:It’s all one big conspiracy, man. A total conspiracy.🙂🤣

Huge! I can see the oil cartel is wide awake today too 😁

placidlynx43 said:I’ve lost count of how many times I’ve said this, but it’s the cartel—and literally nobody else—calling the shots on what these prices are going to be. This whole situation is going to be nasty. It’s totally possible, like placidlynx43 is pointing out, that we’ll be stuck in this correction all the way through the end of the year. Personally? I think we’re going to see a ton of fake-out signals making everyone think the dip is over, right before the next massive growth cycle kicks in.

Since when did this Ivan guy become some kind of genius? 🙄
http://www.tfmetalsreport.com/forum/2814/ivars-charts

According to him, we finished the correction at $90 and dropped to $45, and now we're headed straight for $60! 😂

If that’s actually true, then our buddy Charles is part of the cartel too 🙄
Why won't you guys just admit you don't know how to read charts or spot trends? Honestly, I'm not ashamed to say I don't get it. But for you, it's always some massive cartel conspiracy. Even lonehawk5 wrote that gold is heading straight to $1,500+

Man, these shortages... we've been hearing about them and obsessing over them for years now! 🙄

@Charles Campbell7. Honestly, Charles is the only one here actually getting it right, so you might as well just wait for his $1525 target.

Hey everyone, how’s it going? 😉

http://www.bloomberg.com/news/2013-0...ces-slump.html

Keep dreaming if you think we’re heading for hyperinflation like they had in Zimbabwe or old Germany! 😂

Patrick Moore3 said:Check the numbers:
2.1.
U.S. Treasury securities 1,662,851
Mortgage-backed securities (4) 926,658
30.1.
U.S. Treasury securities 1,710,058
Mortgage-backed securities (4) 965,784

In January, Ben picked up about 40 trillion USD in MBS and nearly 48 trillion USD in Treasuries... For the first time since QE2 ended, we're seeing a legit expansion of the balance sheet. It's actually even bigger than what was telegraphed, though he probably dumped some stuff yesterday just to stay within his limits...
History says when the balance sheet stays flat, gold climbs... when it grows, gold stalls.
Just curious, what do you guys think is stalling gold right now?

1. Gold has become too "paperized." Nobody's trading physical anymore, so the price doesn't reflect actual supply.
2. Demand is dropping (like with Indians, for example).
3. Gold has decoupled from the dollar. Since the dollar isn't the undisputed king anymore, who cares what the greenback does?
4. QE doesn't touch gold prices because inflation isn't hitting.
5. Manipulation by the big bankers.
6. General market uncertainty.
7. No clue.
8. Something else entirely.

Numbers 2, 6, and 8!

Yeah, you can see that loud and clear!

ironstag8 said:Look, my strategy is pretty straightforward—hold onto some physical gold and silver, but keep enough paper assets on hand to maintain a decent standard of living while we wait for the system to eventually buckle. As for when that collapse actually happens? Honestly, trying to pin down whether it’ll be in a year, two, or five is a fool's errand; it's just too volatile to call. That’s how I’m playing it, though—just sitting back and keeping a close eye on 🍿
.

You might wake up one day in a nursing home and go, "Hey, look, the system actually collapsed—I've been shouting about this my entire life!" 😂

But seriously though!
If the entire global system actually collapsed, we'd be looking at World War III. You really think that's happening? I don't think so!

So, what’s the deal with those predictions about hitting $1880 by the end of February? 🤷

I've been scrolling through some Silver Doctors articles lately—you gotta check out both the bulls and the bears to get the full picture.

http://www.silverdoctors.com/massive...-through-1800/

It really feels like lonehawk5 might actually be onto something here. If prices drop like that, I'll definitely be jumping in to grab some silver (my wallet isn't quite ready for gold yet, haha! 😁)