Where are gold prices headed?

[Anonymous]

I like reading James Grant’s periodic columns in my biweekly Forbes. I was heartened to read that his outlook for gold prices — that gold may be headed for a fall, short-term, due to the quick exit of opportunists, as shown in the late February fall of gold along with the stock market — matches mine. I hope that he didn’t have to lose 5% to learn his lesson, as I had to to learn mine.

http://members.forbes.com/forbes/2007/0618/150.html

[Anonymous]

I like reading James Grant’s periodic columns in my biweekly Forbes. I was heartened to read that his outlook for gold prices — that gold may be headed for a fall, short-term, due to the quick exit of opportunists, as shown in the late February fall of gold along with the stock market — matches mine. I hope that he didn’t have to lose 5% to learn his lesson, as I had to to learn mine.

http://members.forbes.com/forbes/2007/0618/150.html

[NotCranky]

I read that when you posted it jg, I thought you were right. I learned from neighbor who makes custom jewelry. He is an old guy who has been buying gold all his life. He told me that he had concerns about gold prices getting out of hand while his business was slowing.Sounds like a reverse “shoeshine boy story to me”.Disclaimer: He was not trying to sell me any gold.

[NotCranky]

I read that when you posted it jg, I thought you were right. I learned from neighbor who makes custom jewelry. He is an old guy who has been buying gold all his life. He told me that he had concerns about gold prices getting out of hand while his business was slowing.Sounds like a reverse “shoeshine boy story to me”.Disclaimer: He was not trying to sell me any gold.

[Chris Scoreboard Johnston]

Chris Johnston

I have come across some very interesting research on GOLD that confirms my view that Gold should underperform stocks for an extended period going forward, several years. I know that are alot of Gold bugs in here, so this will not be a popular post, but it is the way I see it.

[Chris Scoreboard Johnston]

Chris Johnston

I have come across some very interesting research on GOLD that confirms my view that Gold should underperform stocks for an extended period going forward, several years. I know that are alot of Gold bugs in here, so this will not be a popular post, but it is the way I see it.

[lurkor]

Chris – Is the research publicly available? Any way to post a link if so? I’d be interested in reading it if that’s possible. Thanks.

[lurkor]

Chris – Is the research publicly available? Any way to post a link if so? I’d be interested in reading it if that’s possible. Thanks.

[Anonymous]

Oh, now you tell me, R-, after I lose a nice chunk of change! Just joking.

Thanks for the anecdote, R-.

[Anonymous]

Oh, now you tell me, R-, after I lose a nice chunk of change! Just joking.

Thanks for the anecdote, R-.

[denis4x4]

For what it’s worth, I’m meeting with a group of investors on Monday to discuss the purchase of my 9 patented gold claims (I’m keeping one for myself). The interest in mining claims has never been higher. There is gentleman from San Diego that is attempting to reopen a small mill operation near my claims. Tree huggers are pulling out the stops to prevent the county from issuing a permit to operate.

Reclamation of existing tailings has proven to be very profitable. The concensus is that $500 per ounce makes an extraction process profitable. One only has to look at the processing machinery used a 100 years ago and you’ll agree with a lot of knowledgable people that early day miners probably got 50% or less of the gold and other precious metals on the first go around.

[denis4x4]

For what it’s worth, I’m meeting with a group of investors on Monday to discuss the purchase of my 9 patented gold claims (I’m keeping one for myself). The interest in mining claims has never been higher. There is gentleman from San Diego that is attempting to reopen a small mill operation near my claims. Tree huggers are pulling out the stops to prevent the county from issuing a permit to operate.

Reclamation of existing tailings has proven to be very profitable. The concensus is that $500 per ounce makes an extraction process profitable. One only has to look at the processing machinery used a 100 years ago and you’ll agree with a lot of knowledgable people that early day miners probably got 50% or less of the gold and other precious metals on the first go around.

[Author]

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