2015 Guesses for GLD

[jj_]

I reckon gold is going to get hammered in 2015.
I expect that once the seasonally strong period for gold is over (Jan, Feb typically) it will roll over and start to move downwards.
My only reservation to my expectation is, why is it not getting hammered already. AFAIK near enough all metals, base and precious, have been hammered in 2013 but gold is the exception.
I don't think it's special but the market obviously does. Not sure why, but the market thought crude was fine above $100 until it changed its mind; it thought EUR/USD was find above 1.30 until it changed its mind; it thought greek bonds were fine pre 2007 until it changed its mind.

Gold bulls / bugs think gold is extremely cheap here but I remember when people were gasping that gold had got to $500. And then $600. And then $700. etc etc. Also I remember when silver was single digits, $6 or something. It wasn't that long ago. Inflation adjusted silver could easily come down to under $10.

But hey this is just my opinion and it counts for ****.

 

[eurusdzn]

See if we get a nice risk on week and gold still acts relatively strong.
Yen, long US treasury and sp500 setting up for that obernight as we speak.

 

[murray t turtle]

Zero guessed 2014, so here's your chance for glory . . . Register your guesses.

Give your reasons below.

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Nice 10 year Uptrend, nice 25 year uptrend, but frankly i have seen better uptrends.] monthly parabolic stop + reverse is still short signal , not that cash buyers care about that signal/LOL

Many suggest invest [long] 10-15% in gold + silver.
Long term S&P 500-SPY,QQQ tend to trend better uptrend;
i prefer [educational example]a bear market like BAC, C sector, where most fundamentals. losing lawsuits,+ tek analysis favors the bears some time/200 day moving averages.............................................................................................................................................

 

[Georgi90]

Gold will move up, GLD at 130/135 for 2015. The USdollar uprise coudn't crush it, what else will. Prediction based on wider equity volatility range.

 

[Handle123]

oh hohohohohohohohohohohoho

He who laughs last, laughs longest

 

[Buy1Sell2]

Still holding April gold long here. Long from 1273.80 with an 1160.00 stop.

 

[cowf]

Due to the strength of the U.S. dollar against other foreign currencies, it is also strong against gold. Among that factor, a raise in U.S. interest rates, low U.S. inflation and decreasing oil prices will strengthen the dollar a little more and will cause gold to trade lower. Now it comes down to expectations...The FED apparently is in no rush to raise interest rates but the eurodollar, notes and utility sector tell me another story. Using more than 10% of my brain tells me that the contractionary policy already started and rates/borrowing costs are slowly edging up. I would like to see the U.S. dollar at 95.00 plus, the Euro at 1.01 minus, and gold trade lower to 1002.00 for a buy window.

 

[Cmoss]

Still holding April gold long here. Long from 1273.80 with an 1160.00 stop.

Nervous?

 

[Buy1Sell2]

Nervous?

certainly not. My position is small enough that any loss will be less than 2% of TLNW. As a matter of fact, I haven't even looked at this trade for quite some time.

 

[Cmoss]

that's probably best