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Re: abc1938 post# 1890

Wednesday, 01/11/2012 5:45:25 AM

Wednesday, January 11, 2012 5:45:25 AM

Post# of 5874
Gold, Silver Looking Up; Goldman Sees ‘Significant Value Opportunity’
Jan 10th, 2012 12:41 by News
Barrons (Jan 9) — Such a fall has narrowed “the disconnect
between gold’s price and its fundamental picture,” Goldman Sachs’ (GS) head of commodity research said Monday at a global strategy conference. Jeffrey Currie told analysts meeting in London that the recent drop in the yellow metal’s price after a lofty build-up presents a “significant value opportunity” for investors, according to a Dow Jones Newswires report.

Gold is not only cheaper to store when interest rates are low but is also an attractive alternative to traditional bank savings, he said. However, as broad markets slumped in late 2011, gold holdings were sold in order to generate cash.

“The world demanded dollars more than it demanded gold,” said Currie. “But what happens when that demand reverses?” he added.

With U.S. real interest rates and inflation expected to remain low in 2012, gold should be supported in the year ahead, Currie predicted.

“Our view on gold is determined by our view on the rates cycle,” he noted. “We will continue to be long on gold until we can see an absolute turn in the rate cycle, which we don’t see happening any time soon.”

8 Analysts See Gold Going To $3,000-$10,000 In 2012!

Porter Stansberry: $10,000
December 2009 article entitled This Little-Known Rule
Could Send Gold to $10,000 he wrote:

" [Back in 1999] two well-known economists - Alan Greenspan
and Pablo Guidotti - published a secret formula in a 1999
academic paper.
The formula is called the Greenspan-Guidotti rule.
The rule states: To avoid a default, countries should maintain
hard currency reserves equal to at least 100% of their short-
term foreign debt maturities.
The world's largest money-management firm, PIMCO, explains the
rule this way: 'The minimum benchmark of reserves equal to at
least 100% of short-term external debt is known as the
Greenspan-Guidotti rule.
Greenspan-Guidotti is perhaps the single concept of reserve
adequacy that has the most adherents and empirical support.'

Greenspan-Guidotti means the U.S. is likely to have a severe
currency crisis within the next two years.
How high will gold go during this crisis?
Nobody can say for sure. We've never been in the situation we
are now. The numbers have never been so large and dangerous
but I wouldn't be surprised at all to see gold
at $10,000 an ounce by 2012.
Make sure you own some."

Gold prices will rally again in 2012 to reach $2,000 to $2,500
per ounce according to a commodities strategist
at Bank of America Merrill Lynch.


UBS have reiterated their bullish outlook for gold and believe
gold will average $2,050/oz in 2012.

Barclays Capital says gold will average $2,000/oz in 2012 -
which is 25% above today's spot price.

John Embry, chief investment strategist of Sprott Asset
Management, said the price of the yellow metal could possibly
exceed $2,500 in the next 12 months.

Australia's Bureau of Resources and Energy Economics forecast
in its December quarterly report that gold prices in 2012
would still go up 17 per cent to $1,850 an ounce.

Gold has risen 645% while the Dow Industrials has only gained
13% over the past decade.

Gold has maintained its safe haven status for thousands of years
and there is not another investment that can make that claim.

No one ever mentions that in spite of the recent and much
publicized decline, gold is still up $220.30/oz or 15.91%
for the year.
That's almost double the gains in the Dow.

CALVF GOLD Chart 3year LT TA Bull Long Term Trend -
make it your friend -
smile




CALVF Gold Surges Back Over fiat$1,600 ++

http://www.informationliberation.com/?id=37850

CALVF Gold Mining Au-Bull making a great 2012 Bull Start -



Caledonia Mining Corporation CALVF.OB : OTC Markets Group Inc - OTCQB

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70124054

http://tmx.quotemedia.com/quote.php?qm_symbol=CALVF:US

CAL.TO : TSX - Industry: Platinum & Precious Metals

http://tmx.quotemedia.com/quote.php?qm_symbol=CAL

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70259598http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70259598

http://investorshub.advfn.com/boards/board.aspx?board_id=5294

http://investorshub.advfn.com/boards/board.aspx?board_id=7060http://investorshub.advfn.com/boards/board.aspx?board_id=5294

http://investorshub.advfn.com/boards/board.aspx?board_id=7060

Zimbabwe Prime Minister Morgan Tsvangirai Labels Indigenisation Regulations ‘Null and Void’

http://www.zimbabweprimeminister.org/

Zimbabwe Prime Minister Morgan Tsvangirai Labels Indigenisation Regulations ‘Null and Void’ -

http://www.diamondne.ws/2010/02/14/zimbabwe-prime-minister-morgan-tsvangirai-labels-indigenisation-regulations-null-and-void/#ixzz1ibmbTsIM
Under Creative Commons License: Attribution

HOLDINGS SUMMARY

http://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=cal-t&country=CA

http://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=calvf&country=CA

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70120797

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70328883







GOLD Chart TA LT Au-bull run Higher lows - Higher Highs

Obama Signs NDAA Martial Law 8 Justifying why U have no Rights ? Ron Paul Rohbs new channel -



http://www.impeachobamacampaign.com/articlesofimpeachment/

http://grrrgraphics.com/slideshow.html

Gold & Silver have replaced every fiat currency
for the past 3000 years -


http://www.kwaves.com/fiat.htm

http://www.canadiancontent.net/commtr/fiat-currency-fall-dollar_958.html

Ponzi scheme - Fiat money - made out of nothing -

http://video.google.com/videoplay?docid=-8484911570371055528&q=creature+jeckyll&ei=c8kMSKSjJZPE2AKU2826BA#
God Bless


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