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$5,000 Gold?

January 12, 2010

As we moved into the 21st century, I started forecasting gold would go to $1,500 in a few years. Gold had just gotten up off the floor ($250 an ounce) and was beginning to show signs of life. Of course the investment community hates gold and reminded people that gold was once at $850 an ounce, so it was a bad investment. Gold is too SOUND for Wall Street! :-( Continue Reading »

Gold Correction or Manipulation?

December 7, 2009

Friday saw gold down $58 at one point in the day. It’s been a decade since I saw those kinds of moves, but you will see those and MORE in the coming year! For the Gold bugs, it was good that gold only closed down $46 and not $57. Continue Reading »

Gold Breaks Through $1,200!

December 1, 2009

Can gold “hold” the $1,200 level today? That’s doubtful as we have a slew of monthly reports due out today and this week; however, for the long haul the bright yellow metal is looking GOOD! Continue Reading »

$4,000 Gold In The Future?

November 26, 2009

I started this gold blog-commentary years ago when gold was under $300 an ounce and I put as my sub title - Gold $1,500. Two years ago, I merged or added the “Gold News” under the main web page of Transformed Consciousness because that’s the “macro-happening” leading to December 21, 2012 of course. It’s not so much as to something happening on that specific day (nor at 11:11pm that evening), the winter solstice, but what it represents that is happening NOW. Continue Reading »

Gold Sails Past $1,100

November 11, 2009

Remember when gold was selling at $275 an ounce and the “experts” were saying it was a lousy investment? Remember when gold was at $750 an ounce and heading for $1,000 and Wall Street brokers were saying it had topped out? Remember when gold went ABOVE $1,000 and stock brokers were saying the gold rush (which they had denied ever existed) was over? :-) Continue Reading »

Gold Rockets Towards $1,100

November 3, 2009

Everyone thought that the Chinese government was a major player in buying gold; however, it turns out that it was India. As I write at 1pm on Tuesday, gold is up $360 for the last year, $81 for the last 30 days, and $24 for TODAY! Continue Reading »

Dollar Down - Gold Up

October 6, 2009

Maybe that would be the good news- the US$ is DOWN as in not DEAD! More and more people are reading the headlines and the news about the US$ is not good- not good at all. And in this teeter-totter relationship that the US$ and gold has had for nearly a decade now, that’s very good news for gold! Continue Reading »

Gold’s Triune Opportunity

September 28, 2009

There are many theories about investments and things do change from era to era; however, we are living in the here-n-now, so what’s SAFE in these times within which we are living? Or, is there any safe investment? Obviously, I have been saying for a decade now that gold would exceed $1,500 an ounce (most probably before the end of 2010 1Q) and race to $2,500 by sometime in 2012. Continue Reading »

Good Friday!

July 31, 2009

Last week was a good week for gold and then along came the last week of July and things started drifting south as the US$ strengthened. However, July was good for gold as the 30 day change was up $27+ or a little morthan 2%. For the last year, gold is up nearly $50 or a little better than 5%. Continue Reading »

Time To Re-enter Gold Market?

July 8, 2009

Gold STOCKS have declined SEVEN out of the last EIGHT days primarily as a result of a COMMODITIES downward trend which has taken OIL from $72 a barrel to $60.21 at the close today. For the past ten days, YELLOW (gold) has been following BLACK (oil) with the mentality that the recession will last longer than thought. The hoped for 2009 turn around in the world economy is now postponed til 2010, so the thinking goes. Continue Reading »

A Golden Opportunity?

May 25, 2009

After sitting on the sidelines for a couple of months now, gold appears to me to have decided to not drop into the $800 zone. I was “conflicted” 90 days ago about whether or not gold would back off before resuming its upward drive. The stock market was in the 6,000 area, the recession was the talk of the town, and Obama was sweet talking our enemies. All the kind of stuff that’s not helpful to gold. That was 90 days ago, this is Memorial Day! Continue Reading »

Conflicted On Gold Now

February 24, 2009

Gold is a partner to inflation, undertainty, and war! That gold would reach 1,000 to $1,500 an ounce has been the main premise of this web site for since 2002. But, gold has now touched the $1,000 mark on two occasions only to back off a day or two later. The first retracement in 2008 took gold down to $735 before coming back to $1,000 two days ago. Today as I write, gold is off $17 to the $977 level. Let me share my concerns at this point. Continue Reading »

Gold tops $1,000

February 20, 2009

You knew it was going to happen………..again! And one surely knows that in light of TRILLIONS of newly printed money, talk of bank nationalization, and a hawkish Israeli prime minister, that gold must not only touch $1,000 this time but keep climbing. From what I see so far, Obama and his economic advisors have not a clue about how to FIX the economy any more than George Bush and his advisors did. Continue Reading »

The Golden Parachute?

February 10, 2009

Gold has been flirting with making a BIG MOVE. The consolidations have been going on for sometime now and one gets the feeling that gold is simply waiting for something. Could that something be the near ONE TRILLION stimulus bill that’s about to pass in the Senate? Could it be that gold is waiting for Geither to announce how the remaining $350,000,000,000 is goint o be spent? Coul be! Continue Reading »

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