• Its not a reckless bet! They will make money as Gold heads closer to the $1000.00 level later this year

  • The DOW after a correction will double in the next 3-5 years.

  • Hahahah,,Silver gone vertical. What nonsense. Just like I predicted last year that silver and gold would be a non event in 2014, 2015 will be more of the same. Gold and Silver are headed much lower over the next 6-8 months.

    • Could be nonsense or maybe not. TPTB expect us to be short sided. For them, the think generationally. Why not do the same? Think of 15, 20, 30 years. Maybe what you could pass onto your kids. The nice thing about stacking is your family can take ownership without estate tax. You just give it to them when you pass on. The value won’t be realized…[Read more]

  • More nonsense form willie boy. The dollar will not collapse in 2015, the dollar will strengthen in 2015. More hyperbole.

    • I noticed that your prediction was based on less than hyperbole and nothing else.

    • I noticed that an SLG prediction is based on less than hyperbole and nothing else.

  • Just more nonsense from Bo. The metals have not bottomed, period. Gold and Silver may rally some more from here but Gold will fall once again to $1000.00 or a bit lower before a new bull market begins. All these “Experts” claiming that the Gold has bottomed all have something to sell, either the metals themselves or a subscription. The metals are…[Read more]

    • “The metals have not bottomed, period. Gold and Silver may rally some more from here but Gold will fall once again to $1000.00 or a bit lower before a new bull market begins.”

      @SLG:  What do you base this opinion on?

      I personally think you are incorrect and I think Gold may fall some but not to $1,000.  I believe it is headed much higher, pr…[Read more]

  • Capitulation bottom has NOT occurred yet. This is just more nonsense that will be seen as another premature call in the fullness of time. The metals will get hammered much lower over the next 6-8 months.

    • Eric explained why he thought that this is the capitulation bottom.  Why do you think that it is not?

       

    • Exactly Ed, pot shots are free around here but that doesn’t mean they can’t be challenged.  Eric explained why he believes in his position SLG, maybe you should explain the reasoning for your timing, unless it’s just a gut kinda thingie.

  • nonsense. The dollar will strengthen in 2015 not weaken.

  • What a bunch of rubbish. Bolony. all of his calls have been 100% incorrect and he will be incorrect this time as well. The U.S. markets are due for a correction but nothing more than that after which the Dow will soar to highs that most people cant imagine. How a bout his $2000.00 Gold for year end call…lol. what a bunch of nonsense.

  • This is just more nonsense. They can ask for their Gold until the cows come home but it doesn’t mean they will get it. This is not what makes the price of Gold or Silver move. Even more nonsense is Andrew Maguire on KWN talking about how the London Gold Market imploding. Imploding?? what the hell is this guy talking about. He has been so dead…[Read more]

    • @SLG – I agree with you on the outlandish predictions. In fact I no longer visit KWN and haven’t in well over a year now. I consider their site to be pure entertainment as pretty much all of the conspiracy theories and price predictions that have been posted on their site over the past three plus years have been dead wrong. With that being said,…[Read more]

    • Two points of disagreement here:

      1.  Andrew Maguire is wired into the London gold market and his comments in the last week and month or so appear to be spot on.  Hyperbole (impoding) aside, the GoFo rates going negative and the backwardation show evidence that bars of gold were in extreme short supply at the induced low prices.  Maguire makes co…[Read more]

    • “The fact that he is highly respected by some in the PM arena is baffling to me.”

       

      Well, you know what they say… “If you can’t dazzle them with your brilliance, blind them with your BS”.

       

    • @southsider

      @Ed_B

       

      i have never paid much attention to andrew maguire but listened to this latest interview given the buzz.  He made comments that are 100% false as it relates to the mechanics of delivery, and thus his conclusions are built upon false assumptions.  The long does not have to provide full value of his long contract until t…[Read more]

    • @glennp-walling

      @Ed_B

       

      i have never paid much attention to andrew maguire but listened to this latest interview given the buzz.  He made comments that are 100% false as it relates to the mechanics of delivery, and thus his conclusions are built upon false assumptions.  The long does not have to provide full value of his long contract u…[Read more]

    • @mikeyj80

       

      With Andrew McGuire located in London, are the rules there for longs vs. shorts the same as here in the US?  I would think that they would be but don’t know for sure.

       

    • @Ed_B

       

      i thought the same thing but the terms he references are comex terms.  When jmac first appeared here he corrected me on some of tHe nuances of london trade.  Clearly a different animal and not waht andrew was referencing.

    • @mikeyj80

       

      “When jmac first appeared here he corrected me on some of tHe nuances of london trade.  Clearly a different animal and not waht andrew was referencing.”

       

      Oh, OK.  I wasn’t quite sure what the reference was on that… whether it was the article or a comment.

       

      JMac has a wealth of info to share and is a real asset to t…[Read more]

  • I personally love these low oil prices, more money in my pocket and oil is headed much lower as are Gold and Silver when they finally bottom sometime in 2015. Of course according to King World News and Andrew Maguire the b.ullion banks are in a panic!!

    Just more nonsense

  • This is just a bull trap. Gold and Silver are headed lower over the next several months.

  • lol, notice how he removed the 2014 time frame and replaced it with the word “SOON” and pushed it out to June of 2015. come on!

  • Just more nonsense and hyperbole. Throw in a word like supernova and $500 silver and you have a great headline that gives people great hope.

  • So where is Bo-Polny lately??? $2000.00 Gold in 4 weeks. That was the call…lol.. what a fool! A chiropractor making Gold predictions and people forking over $16.000 membership to hear his nonsense.

  • Just more of the same. FYI. over on the zerohedge website they put out a piece that U.S. PMI tumbles for 5th straight month. This is incorrect as the pmi came in at 58.7 and not the 56.2 that the zerohedge website has stated. Now they are resorting to falsr economic numbers to make the U.S. economy look worse than it is just to sell the precious …[Read more]

  • LOL..more nonsense spewed out by so called experts with nothing to back up their claims. There is no Gold shortage, period. I can make that claim in the same way that they can make the claim that there is a shortage. Even Hathaway now claiming that the bullion banks are scrambling to find metals to spare the shorts without any evidence whatsoever…[Read more]

    • At the CB level, there could certainly be a shortage (and possibly a severe one), so you are incorrect in assuming that they have the physical gold they say they do.

      As far as 2015 goes, how do you know they are heading lower? What makes you so certain? Please explain…

    • @SLG – Blo Pony has already come out and stated that yes gold did make new lows recently but only  in U.S. Dollar terms. So you see he is now stooping to calling price targets in other currencies to keep his claim valid. That dude is a pure farce and nothing he writes should ever be posted on this site ever again. I truly feel sorry for anyone who …[Read more]

    • These people are desperate. Its like a cult. Prices may go up or down I dont care. Im not a troll I have precious metal For Insurance not to make gain.But now their slaughtered they cling onto a false hope. Yes only bring on happy happy happy  big  gains in future. Just shows their insecurity. Hope their right but I live in real world.

    • @Bay of Pigs
      Actually, with the now proven as widely implemented gold leasing, central banks have lost the ability to act as supply. They’can only use their phyz once. And they’ve done it already. To a large extent at least.

      I do not see shortage happen in gold, though. The wold’s all-time production is still out there. At the rate we’re…[Read more]

    • Sorry but you have absolutely no idea what you are talking about. The current GOFO rate is evidence of a very tight gold market in London. According to Koos Jansen in a recent article, a Swiss refiner actually had to ship gold to London recently due to a lack of deliverable gold bars.

      According to a Swiss refiner “Over the past four weeks my c…[Read more]

  • Will the real BO-Polny please stand up. What a fool he is going to look like for making such a ridiculous call that Gold would be $2000.00 by  Dec 31. He said that it would be $2000.00 for sure, not maybe, for sure. Absolutely ridiculous. We are headed into a major deflationary environment and Gold and Silver are headed much lower into the year …[Read more]

  • Just as I thought and said several days ago that there was a zero percent chance of this happening. They big boy will never allow such a thing to happen and disrupt their game plan. Not only was it rejected but it was rejected with a big NO. The public has no interest in bringing back sound money.

  • Ya ya the  whole thing comes apart in December. No it does not come apart in December. Just another pie in the sky prediction that will not com to pass.

    • I am still afraid it is all going to come apart in December, but not to the upside!  No Swiss vote sheds at least $100 of off the price and then the boyz will be gunning for $980 and $12.40ish…really afraid we will see those levels before the end of the year.

      I was waiting for yesterday’s hit since the Dec OI had been so high but it is now …[Read more]

    • I am still afraid it is all going to come apart in December, but not to the upside!  No Swiss vote sheds at least $100 of off the price and then the boyz will be gunning for $980 and $12.40ish…really afraid we will see those levels before the end of the year.

      I was waiting for yesterday’s hit since the Dec OI had been so high but it is now …[Read more]

    • OK Coin, explain the $100 drop with a No vote. We know what a Yes vote means, more demand on an already strained market, price would likely pop some initially, my guess is not much. But a No vote means absolutely nothing changes, hence, why the price drop? Now if you are making the argument they would use the vote result as an excuse to smash the …[Read more]

    • @BetterThanNoSN

      No vote = absolutely nothing  to stop  the shorts from applying the full hammer…@Mikeyj80 said in another thread he thought it was priced in but algos don’t price news feeds in, they react to them in a programmed manner and no vote = sell.  Silver already down near $0.75 from Fridays close and $1.65 from Wednesdays…10% AGAIN …[Read more]

    • @BetterThanNoSN

      No vote = absolutely nothing  to stop  the shorts from applying the full hammer…@Mikeyj80 said in another thread he thought it was priced in but algos don’t price news feeds in, they react to them in a programmed manner and no vote = sell.  Silver already down near $0.75 from Fridays close and $1.65 from Wednesdays…10% AGAIN …[Read more]

    • @coinbuysell

      youmaremright about the trend, i have waited on buying coins for christmas this year much later than I normally would have.  A few more hours would have paid off, but in the big picutre i am happy i waited as long as i did.

       

      we’ll see what happens, this is ugly trade!

    • Wowzers, what an about face :)  Glad no one really had time to let my thoughts influence their decision (not that they would) but this market is untradable…now we will have to see if the $50 gain will stick?  How about that $2 swing in silver…14.64 low 16.65 now!

  • Absolute nonsense. There will no supply shortage. The supply shortage was supposed to be here by now according to the experts from several years past. As soon as the price rebounds where people can recoup some of their loses from the last few years they will sell like crazy which will flood the market with tons of silver. The metals are not going…[Read more]

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