Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
POG: Whither Gold, in the short term? (Slight Decline in 2013, I suppose)
>
Reply to Thread
Message:
<p>[QUOTE="Juan Blanco, post: 1612995, member: 41665"]LMBA traders polled were BULLISH; however, the 2012 'Poll Winner' has a much lower target, with a Low near my own.</p><p><br /></p><p><u><span style="color: #800080">http://www.bloomberg.com/news/2013-01-11/gold-seen-advancing-as-much-as-14-this-year-in-lbma-survey.html</span></u></p><p><u><span style="color: #800080"></span></u>"Gold will climb as much as 14 percent this year and average $1,753 an ounce after posting its longest winning streak in at least nine decades, a London Bullion Market Association poll of traders and analysts showed." </p><p><br /></p><p>"The most accurate forecaster of average gold prices in the LBMA survey last year was Rene Hochreiter, a director and chief executive officer of Johannesburg-based Allan Hochreiter (Pty) Ltd., winning a one-ounce bar of gold. <b>The metal will <i>average $1,600 this year </i>as the U.S. economy improves, he said earlier this month</b>.</p><p><br /></p><p>Of note here: Hochreiter thinks the Gold Bull is over, the HIGH will be $1,700 (so the Low will be ~$1500.) but<b> "Unless you really have to sell, you don’t sell it."</b> </p><p>And Platinum has more upside (for 5-6 years.) hmm.</p><p><a href="http://washpost.bloomberg.com/Story?docId=1376-MG26XJ0D9L3A01-2BV7FDCGB2EB97I32DP1N9RPPO" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://washpost.bloomberg.com/Story?docId=1376-MG26XJ0D9L3A01-2BV7FDCGB2EB97I32DP1N9RPPO" rel="nofollow">http://washpost.bloomberg.com/Story?docId=1376-MG26XJ0D9L3A01-2BV7FDCGB2EB97I32DP1N9RPPO</a>[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1612995, member: 41665"]LMBA traders polled were BULLISH; however, the 2012 'Poll Winner' has a much lower target, with a Low near my own. [U][COLOR=#800080]http://www.bloomberg.com/news/2013-01-11/gold-seen-advancing-as-much-as-14-this-year-in-lbma-survey.html [/COLOR][/U]"Gold will climb as much as 14 percent this year and average $1,753 an ounce after posting its longest winning streak in at least nine decades, a London Bullion Market Association poll of traders and analysts showed." "The most accurate forecaster of average gold prices in the LBMA survey last year was Rene Hochreiter, a director and chief executive officer of Johannesburg-based Allan Hochreiter (Pty) Ltd., winning a one-ounce bar of gold. [B]The metal will [I]average $1,600 this year [/I]as the U.S. economy improves, he said earlier this month[/B]. Of note here: Hochreiter thinks the Gold Bull is over, the HIGH will be $1,700 (so the Low will be ~$1500.) but[B] "Unless you really have to sell, you don’t sell it."[/B] And Platinum has more upside (for 5-6 years.) hmm. [URL]http://washpost.bloomberg.com/Story?docId=1376-MG26XJ0D9L3A01-2BV7FDCGB2EB97I32DP1N9RPPO[/URL][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
POG: Whither Gold, in the short term? (Slight Decline in 2013, I suppose)
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...