$3,000 Gold Price Forecast from Merrill Lynch/BOA

Discussion in 'Bullion Investing' started by GoldFinger1969, Apr 21, 2020.

  1. charley

    charley Well-Known Member

    So is a credit card charge.

    And?
     
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    your not kidding, as a buyer of GOLD every month you can easily see moves of up to $ 150 or more, up or down but I would not be surprised to see $3,500 an once steady in the comming months.
     
    GoldFinger1969 likes this.
  4. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Which months?
     
    GoldFinger1969 likes this.
  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    If I knew the answer to that question I would be a billionaire....LOL, PREDICTING HIGHS AND LOWS IN THE MARKET IS A CRAP SHOOT AT BEST OR GUT FEELING
     
    GoldFinger1969 likes this.
  6. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I think in the aggregate you might be right...but people who utilize fundamental and/or technical analysis can realize when it is time to load up and time to lighten up.
     
  7. -jeffB

    -jeffB Greshams LEO Supporter

    In hindsight.

    I'm still not convinced that it's useful for actual prediction. Too hard to see past all the cognitive biases flesh is heir to.
     
  8. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    And once again… The walls came crashing down.
     
    masterswimmer likes this.
  9. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Gold ? Off 8% during a risk-on time period.

    I have a boring utility stock I'm watching that has lost 10% in 5 days.:yack:
     
    -jeffB and Randy Abercrombie like this.
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    GOLD coming off some lows up 43.61 as of Fridays closing, I think with all the peace talk especially in the Middle East and possibly a cease fire with Russia and Ukraine
    I think is driving GOLD down a bit the tariffs aren't helping either.
     
    GoldFinger1969 likes this.
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