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LMAO. The foot is coming off the clutch....
Let the penetration begin. The bull is ready for action!
Remember the truck scene in Hitcher ? Thats what is about to happen to shorts....
Battering Ram smashing into gate again. I hear wood a cracking....
Nice. Trying to free up some more funds now....
OK good so sell then. Good bye!
LMAO more bluff. Gold 1216 now. I am sticking with the 1300 by EOM I suggested a couple of weeks back ...
Lol. BAA going up up up.....
Lol.This is what you said last week.
'New low in gold headed this way,!don't get to excited ,gold miners are headed for trouble short term.'
Did you or did you not say gold was about to tank last week? Yes or no? Or do I need to retrieve your post?
Yup just another hurdle to clear. First of many.
Gold has held steady with rising dollar. Dollar technicals suggesting it should now fall towards 75 area....
LOL. Dollar topped out at 100. Makes no difference anyways gold can move up with the dollar too....
I smell desperation in your voice. By the way didn' t u say gold was about to tank earlier this week. LOL.
Could Gramercy be behind this.....?
Lol. Shorts about to get massacred....
Yes ..
Lol. Anyone still claiming stocks aren't manipulated ?
Yep. Cracks in the dam appearing now. Water seeping in....
We shall see about that....
LOL. Concentration camps for 'terrorist' debtors next!
Yes the lunatics are running the asylum
LOL. Yes. Turks thanking their lucky stars they never joined the disaster area known as the Euro .
Spot on. They should have let nature take its course. Instead they have made the situation far worse.
LOl. US is Greece. So is the UK, Italy, Spain, Portugal, and soon China.
Yes but in theory they could have inflated away much of it. Either way, they are fuc**d
Indeed. Because it means they have NO hope of ever paying off the colossal debt burden
Yep. Its already in recession http://www.washingtonpost.com/blogs/wonkblog/wp/2015/05/05/is-the-u-s-economy-actually-in-a-recession/
1206..
Yep . Dollar is laughably overvalued
Another downward growth revision from Mark Carney. Kind of off topic, but collapsing economies have implications for gold prices.... http://www.telegraph.co.uk/finance/bank-of-england/11601269/Interest-rates-set-to-rise-next-year-as-Bank-of-England-cuts-growth-forecasts.html
1203
Europe slides towards Grexit chaos...http://www.standard.co.uk/comment/comment/evening-standard-comment-europe-slides-towards-the-chaos-of-a-grexit-10244162.html
http://www.telegraph.co.uk/finance/economics/11599513/The-real-sign-that-Greeces-financial-turmoil-is-getting-worse.html
You can bet they are buying gold too.....
Sub 0.24 and I'm in for another 50K. Too cheap at these prices..
Let me say it for you. Only fools set stops...
Yes. I don't generally like to give estimations, but assuming they meet their growth targets, I believe those are realistic prices over say a 3-4 year time frame. Gold price is a major factor, but I personally believe gold is going much higher. That is just my opinion. Gold tops out when stocks are undervalued ie SP 500 pe ratio of about 7. Current pe ratio is something of the order of 25 - stocks are grossly overvalued. I believe the stock market is without question still in a secular bear market and we are yet to see the final leg down which will be brutal. I see Dow around 12000, and that is generous. Despite the new highs, when you adjust for inflation, stocks have not gained since 2000. And given that the Dow Gold ratio usually ends around 1:1 as in 1980, that would put gold at around $12000 after a final manic spike up as happened then. It wouldn't stay there of course. But $5000 gold is more than realistic. We can only dream of BAA producing 450,000 oz low cost and gold at $5000, but I would be more than happy to wait even 5 years for such an outcome. Its insane but BAA could end up being $100 + .
Yep. With gold at $1400 I would estimate BAA to be $15 per share. With gold at $2000, we can assume $45...
Ramping up to 400,000 + oz over the next 2-3 years, as this presentation shows. We're a year or so behind schedule, but thats to be expected. With financing done and Namoya online its game on...
http://www.banro.com/i/pdf/InvestorPresentation.pdf
Cheer up Keyotee. Have some chocolate maybe :))
Yep. Ramping up to 400,000 + oz over the next 2-3 years, as this presentation shows. We're a year or so behind schedule, but thats to be expected. With financing done and Namoya online its game on...
http://www.banro.com/i/pdf/InvestorPresentation.pdf