Quote from: superresistant on March 06, 2014, 09:45:02 AM

Quote from: Dr Bloggood on March 06, 2014, 03:23:37 AM

Quote from: dre_2ooo on March 06, 2014, 02:39:09 AM

Quote from: Dr Bloggood on March 05, 2014, 09:42:30 PM

I'm not an official "expert" (whatever that word means), but I spent a huge amount of time getting informed about gold. IMO, the rubber band is FAR streched to the downside, in fact, unbelievably far. Gold is at the price of production, and some claim it has never been so cheap in history compared to the amount of fiat existing.
If you watch the day-to-day manipulation, its clear those guys have a harder and harder time to keep the price that low. They just can't do it anymore (doesn't mean another spike down isn't possible).
No way gold is going to $800, and unlikely it's going to $1000 either. We are very far down now.

Glad to hear this.

Do you have any links to any articles/videos where I can learn more about this?

Read kingworldnews.com, silverdoctors.com, zerohedge.com, jesses american cafe, and maybe even the economy section of this forum.
This is my favorite blog to learn about the day-to-day manipulation (keep in mind, those guys are selling PMs, but still it's good info):
http://blog.milesfranklin.com/

Can you comment on silver market too ?

Silver will go way higher than gold, I'm sure of that for several reasons: Silver is used for a lot of practical industrial purposes (gold is not), so unless they physically/technically find a way to replace that silver, the industry HAS to have it (Chinese solar energy is said to be a big one).

The silver/gold ratio is relatively high now (you get a lot of ounces of silver for one ounce of gold), because silver moves stronger than gold (up, as well as down). That means you can buy silver at an even better price now and it will go even higher. Perfect for an investor, if you can stomage the volatility.

Next, once everybody is rushing for precious metals and prices rise steeply, gold will be too expensive for ordinary people (even if this is just a psychological effect, like with BTC and LTC). So people will rush to silver coins. Right now the focus of the world is way more on gold, but that might change.

Also, the silver market for silver available for investment is very small, much smaller than the gold market. All of this could lead to a real explosion.

I expect silver at $200 easily, maybe even $500 or more, in nominal terms.

Hope this helps.