Marketsurfer's bold gold proclamation

marketsurfer · Apr 22, 2008

some more surfer thoughts:

http://www.tradingmarkets.com/.site/eminis/commentary/guestcommentary/-76564.cfm

still sticking with 600 gold by 4.1.2009.

surf

Rtrader2525 · Apr 22, 2008

hey man thanks for the heads up on that site i've never heard of it

marketsurfer · Apr 22, 2008

Quote from Rtrader2525:

hey man thanks for the heads up on that site i've never heard of it

thanks man. they have great stable of writers and a good research team.

surf

marketsurfer · Apr 23, 2008

gold breaking 900 on downside. FYI.

surf

SethArb · Apr 23, 2008

back above $900 now surf

SethArb · Apr 23, 2008

gentlemen

there has been a change in sentiment versus the fiat currencies
and even oil

for the last month or two the pm complex has seen less
interest by the "big money" that chased it to multiyear highs

now that money might flow back in time into the complex
but for now ... be careful in making big one way directional bets

thriftybob · Apr 23, 2008

I think surf will get his head handed to him in a basket by 4-1-2009.

$1100 by then is my guess.

How confident are you sleeping each night with your account in US dollars?

Do you think the rest of the world likes sleeping owning US dollar debt?

marketsurfer · Apr 23, 2008

very large metallic private and sovereign funds are the prime movers in the speculative gold space. this move should be compared to large scale pump and dump operation. this is NOT economically driven by the outdated theories of supply&demand. its just a matter of time--- the top is in....,<600 by 4.1.2009

bottoms up socrates,

surf

here is just a teeeny tiny teeny taste in public domain

http://www.citywire.co.uk/selector/-/news/other/content.aspx?ID=301468

thriftybob · Apr 23, 2008

You are forecasting a crash, deflation, and depression much worse than the 1930's, my friend.

I just don't see the CB's allowing that to unfold...

PaulRon · Apr 24, 2008

Quote from marketsurfer:

this is NOT economically driven by the outdated theories of supply&demand.

If you actually believe supply and demand is an outdated economic theory then I truly have 0 respect for you.