Hooimijt April 2013

Dutch language haystack
Post Reply
User avatar
Spruitje
Freegold Member
Posts: 2589
Joined: 19 Oct 2011, 01:34

Re: Hooimijt April 2013

Post by Spruitje »

De MSM hebben het nog steeds over de terugval van de goudprijs.
Het geld vlucht naar de aandelen, bla-bla-bla...
Pffff jongens, schrijf iets over sport of over het weer...

Study while others are sleeping; work while others are loafing; prepare while others are playing; and dream while others are wishing.
- William Arthur Ward -
User avatar
Thomas Lieven
Bronze Member
Posts: 180
Joined: 18 Oct 2011, 10:06

Re: Hooimijt April 2013

Post by Thomas Lieven »

Gold forced down as a message to states after President's meeting with bankers

http://www.examiner.com/article/gold-fo ... th-bankers
User avatar
Indiana Jones
Freegold Member
Posts: 4765
Joined: 05 Oct 2011, 16:00
Contact:

Re: Hooimijt April 2013

Post by Indiana Jones »

Rasta wrote:King World News: Sinclair - The US Will Be Cyprused & We Will See $50,000 Gold
Ik zeg NIET dat Armstrong gelijk heeft .... :!:
Maar aangezien Sinclair wat mij betreft een beetje ongeleid projectiel is geworden (10 verschillende goudprijs richtingen op basis van dezelfde argumenten .... het wachten is op $100.000 / troy ounce. 8-) ), is onderstaande een mooie test voor Armstrong. :D

=============
Armstrong Economics
Posted on April 19, 2013

Gold & Silver

Image

We elected Weekly Bearish Reversals in both metals with gold closing at 1397.2 and 2304.1. Gold closed also just below the Weekly Break line 1398.6. This is warning that the FAILURE to exceed Friday’s 4/19 high intraday, and a penetration of 1310, we are looking at a drop to 1158. Breach that, and we very well may see 907 in 2 weeks,

The gold promoters instead of $30,000 and now out in force desperately trying to suck people in claiming the new target is now $50,000. This is insane. This type of break could be monumental. We now must watch for new lows next week will point to a collapse into the follow week.

This is just amazing.
http://armstrongeconomics.com/2013/04/19/gold-silver/
Everything that needs to be said has already been said.
But since no one was listening, everything must be said again.
Adamus
Gold Member
Posts: 1495
Joined: 06 Oct 2011, 08:29

Re: Hooimijt April 2013

Post by Adamus »

Spruitje wrote:Op 11 april zou Obama samen gezeten hebben met volgende CEO's van Amerikaanse banken.

•Lloyd Blankfein, CEO Goldman Sachs
•Jacques Brand, CEO Deutsche Bank Americas
•Michael Corbat, Chief Executive Officer Citigroup
•Jamie Dimon,CEO en President J.P. Morgan Chase
•Sergio Ermotti, CEO UBS
•James Gorman, CEO Morgan Stanley
•Gerald Hassell, CEO Bank of New York Mellon Corpo
•Jay Hooley, President en CEO State Street
•Abby Johnson, President, Fidelity Financial Services, Fidelity Investments
•Steve Kandarian, President en CEO Metlife
•Brian Moynihan, President en CEO Bank of America Merrill Lynch
•John Strangfeld, CEO, Prudential
•John Stumpf, President en CEO Wells Fargo
•Jim Weddle, Managing Partner, Edward Jones
•Bob Benmosche, President en CEO American International Group


(Link)
Wat werd er opgediend?

De oude man is wel bereid om zijn mening te herzien en van het beijkte pad af te stappen. Two roads......
http://www.jsmineset.com/2013/04/19/why-50000-gold/
User avatar
Indiana Jones
Freegold Member
Posts: 4765
Joined: 05 Oct 2011, 16:00
Contact:

Re: Hooimijt April 2013

Post by Indiana Jones »

Saturday, April 20, 2013

20 Years From Now: Gold @ $12,000 & Silver @ $1,000?

Should both Gold & Silver Bulls & Bears take a long winter sleep?
Maybe…

Image

When we look at Silver prices from 1985 to today (Green line in the chart below) and compare the evolution to the one from 1967 to 1974 (black line in the chart below), we can see a very similar pattern. If price would continue to track this pattern, it could mean that silver has just entered a 20 years lasting winter sleep. In the meantime, it would trade between $20 and $50, before taking off again in 2032… From then on, it could gain over 2,000% to reach nearly $1,000.

Image

A similar pattern can be observed in the price of Gold, although the time scale is slightly different.
Gold would drop towards $1,000 in 2015, before taking off to about $12,000 by 2025.

Image

Why the hell would Gold drop towards $1,000 per ounce by 2015, while all the fundamentals are pointing to a “screaming buy”?

Well, if Martin Armstrong is correct and we would get a Sovereign Debt “Big Bang” sometime late 2015, then that could be the reason for Gold’s drop (please have a look at the following slide which he presented in 1998 & click HERE for the complete presentation).
Sure, Debt Crises SHOULD be good for Gold, but even though the crisis in Europe is escalating, Gold is not acting as a “safe haven”. If the Debt crisis continues until 2015 (to reach a climax late 2015) and Gold continues to act the way it does right now, we could see Gold trade as low as $1,000 per ounce again.

All of Martin Armstrong predictions in 1998 came true, so the chances are high that the last one will too.

Image

Jim Rogers was recently quoted saying: “It’s extremely unusual for any asset in history to move higher for 11 straight years. That’s why I expect the recent correction in gold to continue.” He’s not selling any of his gold. And he’s not shorting it, either.
It would take a “gigantic new gold supply” or all the world’s central banks deciding to dump gold before he’d short. That’s because Roger’s believes the big gold bull market has “years to go.” Still, gold could drop as far as $1,100 an ounce, he said. “I would buy gold if prices fall to $1,100 or $1,200 an ounce. A pullback of this magnitude is normal.” (Read more:STOCKHOUSE).

Back in 2008 when Gold was trading around $900 (after having traded above $1,000 for the first time in history), he said in an interview with the CHINAPOST he would buy Gold if it were to drop towards $750. Eventually, it bottomed 10% lower around $680, before nearly trippling over the next 3 years.

Assume Rogers is right, and Gold drops towards $1,100 (the point where he would add to his positions), and history repeats (meaning Gold bottoms about 10% lower), that would put Gold at $1,000 an ounce, which is also the price target of the second chart above.

Now why should Gold & Silver take a break?
First of all, as mr. Rogers says: Gold has gone up for 11-12 years in a row, which is exceptional. One down-year means nothing as long as the Bull market is intact.
Another reason would be the fact that Silver outperformed Gold by a factor of nearly 2x over a 4 years rolling basis in April 2011. Please read THIS ARTICLE (created by Roland Watson):

Image

Now let’s have a look at the markets. I have written extensively about how the HUI index has been under performing Gold, just like in 2008. The pattern is still holding so far, which does not look good at all:

Image

However, sentiment in Gold Stocks is VERY depressed at the moment, as only 10% of the Gold stocks have a BUY signal on the Poing & Figure chart, as shown in the following chart ($BPGDM). On top of that, the HUI index has now hit the 50% Fibonacci Retracement level from the bottom in 2008 to the top in 2011:

Image

Gold stocks are trading at historical low valuations compared to Gold, so this combined with the extremely depressed sentiment could mean that Gold Stocks are at or near a bottom, although the similarities with the 2008 crash are still striking and therefore worrisome.
I haven’t bought Gold stocks since I sold them in 2011, right before Silver hit nearly $50 per ounce, but am now back in the market.
Everything that needs to be said has already been said.
But since no one was listening, everything must be said again.
positive
Bronze Member
Posts: 170
Joined: 19 Oct 2011, 15:44

Re: Hooimijt April 2013

Post by positive »

positive
Bronze Member
Posts: 170
Joined: 19 Oct 2011, 15:44

Re: Hooimijt April 2013

Post by positive »

positive
Bronze Member
Posts: 170
Joined: 19 Oct 2011, 15:44

Re: Hooimijt April 2013

Post by positive »

Gold Shortage : http://myrepublica.com/portal/index.php ... s_id=53440

"Banks in Yaowarat struggled to keep ATMs stocked with cash as consumers flocked to Bangkok's Chinatown to buy gold."

Thailand: Hua Seng Heng Gold Futures said it was unable to melt and cast gold quickly enough to meet demand.
User avatar
Indiana Jones
Freegold Member
Posts: 4765
Joined: 05 Oct 2011, 16:00
Contact:

Re: Hooimijt April 2013

Post by Indiana Jones »

positive wrote:Gold Shortage : http://myrepublica.com/portal/index.php ... s_id=53440

"Banks in Yaowarat struggled to keep ATMs stocked with cash as consumers flocked to Bangkok's Chinatown to buy gold."

Thailand: Hua Seng Heng Gold Futures said it was unable to melt and cast gold quickly enough to meet demand.
Zit zeer waarschijnlijk goud tussen, dat door DNB en NBB aan goudbanken is geleased.

Image
Everything that needs to be said has already been said.
But since no one was listening, everything must be said again.
skyscraper
Platinum Member
Posts: 632
Joined: 20 Oct 2011, 00:00

Re: Hooimijt April 2013

Post by skyscraper »

Willem-Alexander uncensored :lol: :lol: :lol:
Post Reply