we'll never again see $1500 an oz for gold

[PlayHer Man]

I am guessing you forgot you posted this little gem below about 5 posts before you googled $5000 an ounce? Which, by the way, sure gold may not reach $5,000 an ounce.....it may only be $3,000.....it all depends on how the rest of the market acts. But I do claim the bull market isn't over yet and that gold will reach new highs and bringing the Dow:Gold ratio much closer to 2:1. What level those highs are at still remains to be seen. Hell, it could even bea 3:1 ratio, but that still sends gold up to the $3,000 range. The point is, despite your rabid ravings.....gold's bull market is not over yet.


It does seem that your method of discussion includes defamation and putting words into your opponents mouth. So you claim I tout facebook. Are you so afraid of the facts that you have to make up lies? What do you find so fearful about my words that you have to keep spouting lies?




You really need to make up your mind on a subject. I understand though, you have no metrics to guide you so mistakes can be made very easily.


I have over 5 metrics supporting my argument, you have......zero.


Oh, but you do have ad-hominems, straw-men, colored font-sizes and emoticons. That has to count for something.

Danger.. I never said you encouraged buying Facebook stock. I was pointing out how Facebook stock was HYPED by the media before it tanked. This is the pattern of investments that tank:

Media Hype = Tanking

If an investment is good.. the media WILL NOT KNOW ABOUT IT. Once the media knows.. too many people know. That means its too late. Gold will drop to $800 an ounce or less. :crackup:

Men have enough problems in 2013, they don't need to lose all their money in bad investments on top of that. Never buy anything hyped by the media.

You won't find the road to riches listening to talk radio, reading magazines or watching TV shows. Its the road least traveled because few people know its location.

You've been warned. Remember who told you --> PlayHer Man

 

[PlayHer Man]

Playher,

The media is not hyping gold anywhere. Where on earth are you seeing that? Everywhere in the media I look, it's all about the popped gold bubble. The media has been nothing but bearish on gold since 2000. The last time the media hyped gold was in 1982, not now.

Hell, checking google trends is probably your best friend here when looking for public interest.......


http://www.google.com/trends/explore#q=gold

And nope, no sign of a public boom or interest in gold at all yet. Now.....contrast that with bitcoin, which as I mentioned only just went through a parabolic spike in value, public interest, and fear induced investment.

http://www.google.com/trends/explore#q=bitcoin&cmpt=q


Yup, now that's a hyped media play induced by fear.

The media hasn't hyped gold since 1982? :crackup: :crackup:

Danger.. come on bro. Either you're blind or deaf (or both):

http://www.youtube.com/watch?v=ZrTOxp0zzMY

There it is

 

[PlayHer Man]

Since when is Glen Beck "The Media"?

Seriously?

Try something a little more financials based and in the mainstream. Let me help you.

• 1980 - CNBC, ABC, NBC, CBS, FOX, all major networks touting Gold and how it protects you from everything, buy Gold they all cry in unison.
• 1990 - CNBC, ABC, NBC, CBS, FOX, all major networks touting the Japan and how they will own the world, buy Japan they all cry in unison.
• 2000 - CNBC, ABC, NBC, CBS, FOX, all major networks touting the new economy, buy tech they all cry in unison.
• 2007 - CNBC, ABC, NBC, CBS, FOX, all major networks touting Real Estate, buy Real Estate they all cry in unison.
• 2010 - CNBC, ABC, NBC, CBS, FOX, all major networks touting the rise of China, buy China they all cry in unison.
• 2010 - CNBC, ABC, NBC, CBS, FOX, all major networks continue to deride gold and call it in a bubble, or dead. Sell the barbarous relic they all cry in unison. But here you are, saying that Glen Beck is "all the media".

Let's be clear here. When the media hypes something, it's not Glen Beck we are talking about. It's the MSM and the financial centers.

No wonder your perception is off by a few years.

You've gotta be sh!tting me. You can't be serious. :crackup: :crackup: :crackup:

Have you not been listening to what I've said about average Joe ignoramous? Look.. it doesn't matter if its Glenn Beck, Bill Maher, or Al Sharpton. If this person has a TV show or Radio show in the MASS MEDIA where INFORMATION is accessible to the GENERAL PUBLIC then you have missed the boat.

Is Genn Beck the media? Is that a serious question? :crackup:

Again: Good investing intelligence is NOT given out freely to the general public.

 

[PlayHer Man]

http://smallbusiness.yahoo.com/advi...er-precious-metals-hit-085233568--sector.html

Looks like my timing is not that "far off". This might happen earlier than I even expected. Get out while you still can bro.

Remember who told you first --> PlayHer Man

 

[PlayHer Man]

I knew you would get fooled by that. Funny, I saw these same articles back in 2004 and 2008. Nothing goes up in a straight line, such is the nature of investing. As I had said before, gold is in a consolidation phase and will reach new highs before the S&P starts it's new secular bull market.

No it won't. At least not anything significant.

I'll give you some information, which you should be charged for. All markets go through corrections like this. Not unlike the Dow crash in 1987 during it's 20 year secular bull market. The difference is in knowing whether the market has truly topped yet or not. Here are some indicators to help identify that

1. If you hit a new peak, only to drop by more than 20%, the time in the drop is what determines if your bull market is over. If the timing happens quickly, as in weeks. Then it is possible your bull market is done. The 2000 tech crash is a good example of this, as was the Japanese bubble of the 90's, or the Real Estate crash of 2007.
2. IF, however, your drop happens at the end of a 2 year consolidation, it is called capitulation. Merely shaking out the weak hands in preparation for the next move up. Capitulations always occur at the end of a long arduous downtrend.

Remember mate, it is exactly when there is blood in the streets that we BUY. It is only during the Euphoria that we sell. And what is even more funny is that in this post you only prove my previous points. That gold is not being flocked to, that is isn't making constant new highs in a euphoric rush, and that most certainly there is no MSM outlet that is long gold.

This is exactly the time to be buying, not selling.

The time to be buying was when Gold was $800 an ounce. Not after it tripled in price and people like Glenn Beck started pushing it on his TV show.

Again.. this idea that there has to be a "rush" before gold takes a big dip is FALSE. Why is it false? I've already explained why: supply and demand.

There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.
There does NOT have to be a "rush" to buy gold before it drops.

There are no more significant gains to be made in Gold. It tripled in price and it has since stagnated around $1500.. going up and down by $200 or so. Its over. People ride out bubbles out of greed and when they time things wrong.. they lose their shirts. Gold is over-valued. Therefore, its time to sell it.

I guess there is no helping you Danger. Good luck. Its going to be interesting to hear what you say after you lose your shirt.


Remember who told you first --> PlayHer Man

 

[PlayHer Man]

Right, because again, where is all of your evidence? That's right, you don't have any.





There are many times to buy it. You still haven't realized that yet, despite the gold corrections of 2004, 2008 and now. I wonder why you can't learn from patterns and fundamentals?

Again, the entire MSM is bearish on gold, and here you are mimicing their sentiments. Didn't we agree that you don't want to be on the same trade as the rest of the world?






Your entire argument rested on the theory that everyone was bullish on gold. And now you change your mind?

In a bull market, the drops are caused when the buying has subsided. You still do not understand that fact. Then a consolidation undergoes with an eventual capitulation. We have seen this happen three times in the last 13 years. Yet you still deny it.

Do you deny the rush for gold 2 years ago in 2011? Do you deny the predictable drops since then? Do you deny that this is happened for now the third time in 13 years? Do you deny that these secular bulls always end in new real-term highs? Do you deny that secular bulls last 18 years?

Bottom line, I have all of the fundamentals and metrics on my side. My data even supports the capitulations. Yet here you are, jumping on the MSM bandwagon on calling gold dead.

You could not be more wrong.






Again, with no metrics to support your argument. This happens with regularity. Bull markets do not end in such ways. This is a classical correction in a secular bull market.





I love it when the gold bulls get too bullish and I short the market. I made a ton of money doing that just in 2011 on gold and silver. I even posted it here in the silver thread. I pointed out how it was a top in silver at the time. All of the data was on my side then too. Thankfully people were much more receptive to the information than you are, and they profited from it. I profited greatly from that silver crash, even posting my positions and getting the call down to the exact day!

You are only the opposite extreme, too bearish during a correction. And I will have a grand time pointing it out to you after the fact.


BTW, buying those silver puts at the peak in 4/2011, when the whole world was bullish and saying silver was going to $100, is exactly what paid for my Rolex, beautiful house with 8 acres, two ponds and all sorts of accessories, and gave me a nice fat bank account that I sit on now. I am telling you, this is a fear based panic, a capitulation. The exact opposite of the hyperbullishness we saw two years ago.

One should be accumulating right now, not selling.

You are investing emotionally. You have a hard-on for gold. You don't care about reality.. you just care about looking "right".

You can post a book of metrics and claim how "I have no evidence" 100 times. Won't change the fact that gold will plummet. :crackup: :crackup: :crackup:

Just remember who told you first --> PlayHer Man

The clock is ticking my friend..

 

[PlayHer Man]

The guy who yells "SELL!" when gold is in a panic sell mode, is the one who is investing on emotion, that would be you.

I fought the crowd when I sold silver at $50 in 2011, and documented it in the links on my previous post. I did that while guys like you said silver was going to the moon......and I will buy gold when the doomsayers such as yourself say to sell even as it hits new lows. You are the very definition of an emotional investor.

When the time comes, you can join the pile of dead emotional investors littered behind me. I'll continue my contrarian ways.

Until then, try and come up with some real evidence to support your arguments.

So you're one of those people who always have the get the last word huh?

Its not even about gold anymore now.. its just about you getting the last word so you look like you "won the argument" :crackup: :crackup: :crackup: .

Go ahead and get the last word if that's what you want bro.

I'll return to this thread when gold plummets to $800 an ounce or less. I'm guessing this will occur sometime in the next 2 years. Lets see who is right...

*Bookmarked*

Oh yeah.. and please, please, please remember who told you first --> PlayHer Man

 

[Mr.Positive]

Now is a great time to buy gold, folks. Jump on it. Take advantage of this dip in price. The water is fine.

 

[PlayHer Man]

Gold has been hammered in 2013, going from nearly $1700 an ounce to about $1200 - a drop of nearly 29% in value. As the economy goes up, gold goes down, and vice-versa.

This is good wisdom to know for future investing.

 

[Vice]

I put a few thousand into silver ETFs over the past few weeks. Got beat up a little, but the fundamentals look good, and everyone is too bullish on the stock market.

The gains I make from the coming correction in precious metals should be enough to get me a down payment for the next rental house.

 

[donking]

don't take stock market advice from people under 40. they haven't lived enough business cycles.

"this time it's different...."

 

[Vantagepoint34]

Way to kick a dog while he's down by resurrecting this thread. My respects go to Goundra and his noble cause.

 

[PlayHer Man]

Way to kick a dog while he's down by resurrecting this thread. My respects go to Goundra and his noble cause.

Its not about "kicking people while their down" its about telling the truth. These thread isn't directed at any ONE person.

My only goal when I post on this site is to tell the truth. I'm not here to protect anyone's feelings or promote a political agenda.

Its better for people to know the truth.. even if it hurts them at first. Ultimately they are better off. That's what the "red pill" is all about.

 

[Vantagepoint34]

Its not about "kicking people while their down" its about telling the truth. These thread isn't directed at any ONE person.

My only goal when I post on this site is to tell the truth. I'm not here to protect anyone's feelings or promote a political agenda.

Its better for people to know the truth.. even if it hurts them at first. Ultimately they are better off. That's what the "red pill" is all about.

You are very right. But like I have said in my other posts. Very similar to the book series Hunger games. Which hints at these tones.

 

[Vice]

don't take stock market advice from people under 40. they haven't lived enough business cycles.

"this time it's different...."

I disagree. There are plenty of people over 40 who suck at investing/finances.

You also don't need to live through business cycles in order to learn from them.

 

[Vantagepoint34]

I disagree. There are plenty of people over 40 who suck at investing/finances.

You also don't need to live through business cycles in order to learn from them.

I'm telling you Bobcat on a farm haha

 

[Vice]

I'm telling you Bobcat on a farm haha

I don't get it...

 

[Vantagepoint34]

I don't get it...

The day it is filmed. You will see it on youtube. :crackup:

 

[Poonani Maker]

Now is a good time to buy silver. Mines are stopping mining. Next to oil/energy, no other commodity (that you can store - storing oil is damn near impossible and dangerous) is used up more in things that are made. At 35 and 40s silver was being mined crazily cause that was well above production costs.

 

[Fatal Jay]

I still cop gold and silver coins but I don't trust in it. I trust in the Most high God