Stocks to soar in 2013, Gold to hit $2000/oz

This year Gold will hit new all time highs as might silver,

Just keep buying

2013 1 oz Gold American Eagle

[link to www.apmex.com]

Gold worth $2000 (dollars)? What will the dollar be worth compared to low value today?

yes, go all in. pile in.

probably continue its downtrend but would you rather have your money in USD? or solid gold?

Not buying any equities, will continue to buy physical metals.

The only stock I would consider is Apple down at these levels

What good is solid gold when you have to trade it for dollars... or in desperation, come to me trying to trade me something I cannot eat for something you can eat.

Brass and lead will be the new "precious" metals.

I love folks who don't "get Pm's"...

Actually I own 28 ozs physical gold, and 258 ozs physical silver... just sayin for you beginners. Pms have value when traded, not before unless you borrow against them. At the time of trade the market will determine value.

You assume there will be an orderly market. The way things are going your ounce of gold will buy a loaf of bread or box of. 22 shells.

yes, have some of those too.

But when the dollar is in the gutter, Gold will look much much better.

In a complete collapse no one really knows what will be most important. It will be who has the most commodities,

However not talking a complete collapse, your gold and silver are KING.

Why do you suppose most brokers are charging massive premiums.

not talking paper ETF's either. Store it yourself

example this ounce is being sold for over $100 spot price

I dont know if we make any new highs this year or not but I also dont see much downside risk. I still think we have many months below old time nominal highs yet. 3 - 9 months for gold at least. I dont see $50 silver until 2014 at least.

PMs can hedge against inflation... sort of. If their value appreciates greater then the relative loss of value in the dollar, for example, then you gain. Brokers charge what market equilibrium will bear.

By all means buy some pms.

Very true but gold and silver will be a commodity in demand much like ammo and guns are now.

Look at the parabolic price rise in those items right now.

When were the price discovery mechanisms reintroduced into the paper priced market ?

It's all an Illusion !

Compare to trends of pm values. Buy $1000 Bushmaster today... sell for $2500 next month after new gun regs? Solar flare shuts down ordered society gold... or a gun or food?

That's the most unrealistic assessment I think I have EVER heard.

What I dont understand is why gold is allowed to be manipulated with the market.

It is a completely different asset.

And keep in mind the fed will continue to print, as all central banks will. Eventually the pile will get too heavy, the markets will collapse

So many of the markets are manipulated and rigged.


In the numbers market today.....we have silver with a corresponding number of 30.40


Just trading and manipulating numbers


Try to estimate the inherent value. This is where it will go to very quickly when the numbers market no longer exists.

Isnt this the same shit that happened before the great depression?

Everybody, and i mean everybody jumped in on stocks and property with loans etc and BOOM the crash happened and a few people who ran the markets picked up 95% of everything dirt cheap.

AEP,the author of that article, has been wrong on most things for the past few years - especially the Euro's imminent demise - he predicted Merkle would pull the plug on it in 2012. Lol. Also, he thinks the sun shines out of Bernanke's arse.

The market crashed devastating those who purchased stock on margin, financed them or who risked everything for large, quick gains. Those who had cash reserves weathered the storm but the economy tanked taking more with it. Gold can help but you have to have someone to trade with.

Heck, our government may again confiscate pms and outlaw them in trade. Then what?

For example, a long time ago a cave man made arrows, arrowheads and bows.
One day a farmer said he would be willing to trade a bushel of barley for a bow and arrow combo and a trade resulted. The next day the farmer returned desiring another combo because he traded it for a cow.

The archer didn't want anymore barley but, traded for half the cow. The next day the farmer came back with a whole cow having traded the bow for it

The archer shot at the farmer, took the cow eliminating the middleman preferring to deal directly with the rancher going forward.

Of course, what is happening is institutionalized mal-investment. They are in the business of blowing bubbles with cheap credit, herding the masses from one disaster to another while their friends reap gains as each bubble is blown (and sometimes shorting their own investments on the side they know will fail while receiving bailouts from the public treasury).

This cheap (or free credit for the major banks) mandates artificial asset bubbles, price discovery mechanisms are broken. They keep blowing the hot air in through their computerized algorithmic high frequency trading machines. The input for their numerical models? Media headlines lol.

It is impossible for anyone with capital (or credit) to know where their money should be best placed to realize return on investment. The too big too fail crew don't worry about it since they have a credit line on your future taxes.

Not from what i have gleaned. Everyone was long and strong stocks in 1929. We have the exact opposite today. Closer to what you say for mid 2008 maybe. Right now we have record money in checking and savings, some of it pulled from the markets themselves.

Last Edited by Chucklebutt on 01/01/2013 06:23 PM

I agree that equites will see new all time highs within the next few years. When? I dont know. If there is one thing I have learned its that cycles go on far longer than what I can wrap my head around.

Markets up huge today on fiscal cliff news