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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (46328)	2/11/2009 7:25:32 PM
From: Box-By-The-Riviera™	Respond to of 217705

seizure is next. it will be the point of blood shed.

To: TobagoJack who wrote (46328)	2/11/2009 10:40:25 PM
From: Secret_Agent_Man	Respond to of 217705

that would be 10 days not 100!

To: TobagoJack who wrote (46328)	2/11/2009 11:01:31 PM
From: RJA_	Respond to of 217705

delete

To: TobagoJack who wrote (46328)	2/12/2009 1:04:21 AM
From: Amark$p	Respond to of 217705

Martin M miningmx.com Murenbeeld reckons gold will reach $2,300 Brendan Ryan Posted: Wed, 11 Feb 2009 [miningmx.com] -- THE GOLD price should average $945/oz during 2009 but rise to $995/oz by the end of the year and average $1,050/oz during 2010. Those are the latest predictions made by gold “guru” Martin Murenbeeld, chief economist for Dundee Wealth Economics, speaking at the Mining Indaba being held in Cape Town. But Murenbeeld added he believed gold would eventually reach $2,300/oz although he did not put a timeframe on this prediction. The price level of $2,300/oz holds considerable significance for gold investors and analysts because it represents the current, inflation-adjusted value of the price of $850/oz that gold reached early in 1980. Interviewed after his presentation Murenbeeld said, “Over the long cycle gold will take out $2,300/oz but that could take up to five years before it happens.” Murenbeeld said he believed the gold price had held up remarkably well against the impact of the global financial crisis that erupted last year. “Gold has been the best asset to be in. It has risen to new highs in almost every currency and I have been surprised at how well ETF (exchange traded fund) investment in gold held up last year, “ he commented. He added, “Recessions are bad for everything including gold. You have to remember that gold represents liquidity of last resort which means that sometimes people sell the stuff. “It’s what people do to get out of recessions that is good for gold. The metal survived the 2001 recession well because (former Federal Reserve Bank chairman) Alan Greenspan was very quick on the reflation side.” Murenbeeld highlighted the current reflationary measures being taken by the United States and other major economies and commented, “global money and fiscal reflation will remain necessary for years to come even after the current global financial crisis. “That’s because of the social promises made by governments to the ‘baby boomer’ generation which is about to retire. Printing money is good for gold and governments’ choices for debt reduction are limited. “ Turning to the role of the world’s central banks – which at times have been heavy sellers of gold – Murenbeeld commented, “I sense central bank attitudes to gold are changing and they no longer view it as inherited nuclear waste. “I feel central banks are getting religion again and I don’t think they will be as negative on gold as they have been in the past.” Murenbeeld concluded, “we are in an uptrend. I am absolutely convinced of that but developments might not take place as fast as you might want. “It is normal in a cyclical, long-term uptrend that you could have one or even two years of counter-trend movements. It could take a while before the previous peak gold price of $1,030/oz gets taken out.”

To: TobagoJack who wrote (46328)	2/12/2009 8:14:55 AM
From: Roebear	3 Recommendations Read Replies (1) \| Respond to of 217705

Indeed, are we at the mainstream stage of the Gold Bull yet?? Not by any mainstream folks I know, oh yes, their attention is awakened, they are listening, but they are not buying. In many cases they are suffering 'sellers regret' instead. I talked to one who admitted selling his 'widowers mite', a fractional eagle, when he could double his money on it 2 years ago. The mainstream are still sleepyheads, dulled by a long night in the opium den of debt, slow to awake to a new day with the Golden sun now rising brazen and hot. We are not yet in the 70's zone, the mainstream zone: Bankeno rose from $1.25 to $430 a share. Resources rose from $0.40 to $560 a share Steep Rock rose from $0.93 to $440 a share Mineral Resources rose from $0.60 to $415 a share Azure Resources rose from $0.05 to $109 a share And Leon Mines rose from $0.05 to $385 a share.