The Residential Real Estate Post-Crash Index-Moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MulhollandDrive who wrote (10817)	3/9/2011 7:21:07 PM
From: patron_anejo_por_favor	3 Recommendations Read Replies (3) of 119360

Gold at 2500....chart it, long term trendline....assumes some additional kick for QE 1-2-(3?). Does assume dollar will break support in low 70's and head on down to mid-30's. NGD at those POG levels will have EPS of minimum of 3-3.50/sh in 2012 with a 30 PE for being in growth sector, gives price projection of 100. NGD will probably make well over a dollar in 2011, so that's a stretch, but they benefit from increasing silver/gold/copper AND increased production. Silver is a bit more iffy, but presuming the 2500 level is correct a simple 25:1 gold:silver price ratio would give 100 (could be much higher of course). A touch on the upper tine of the forks will give us 2500 easily in 2012. It's long overdue. Any exogenous event could bring it (unrest in Saudi, terrorism, yet another black swan).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next