The Future Price of Gold

Utah mountaintop manoftruth thoughts on the future price of Gold in 2011 and 2012 and maybe even 2013

Category:

News & Politics

Tags:

• gold
• future
• price
• manoftruth
• Utah
• mines
• mining
• 2011
• economic
• prediction
• predictions
• 2012
• Salt
• Lake
• Valley
• City

[jonvssocrates]

IMO, Gold will collapse slightly before interest rates go back up.

6months-1 year left of ARMs to get through the system, and then interest rates up, gold down.



[manoftruth]

@jonvssocrates Thanks for the input. I agree there will be some major fluctions, but the endgame is the dollar buys nothing. Timing is the key, of course.

[Shameonfed]

At some point we will need to start thinking beyond the dollar to gold/silver ratio. I mean if the dollar is collapsing, there will be a point where it ceases to be a viable measuring tool for anything of value. It is almost incomprehensible, but it lies out there on the horizon somewhere.

[manoftruth]

@Shameonfed Wow, just posted a very similar comment and you answered it.  So, I would venture to day the dollar will be of little or no value within about 5 years. I said within. Immersing myself in data for a few weeks will give me a clearer view...along with immersion in other types of understanding.

[PlatinumGordon]

Gold can keep going up, providing the fed keeps printing money. Gold is representing the printng of money. The price is only limited by the printing press.

[manoftruth]

@PlatinumGordon I think WWIII will also drive up the price

[tschumm]

MOT- I watched your videos religiously back in '08 and '09 and still do... I really enjoyed when you'd analyze the markets and make predictions, dumbing down what's going on for us that are interested but don't have the market know how.. I used to learn a lot from you but think your videos over the past year have lacked the same substance. Please go back to chilling by your comp and giving market analysis!! I bet your subscriber base would grow exponentially as well. Cheers

[manoftruth]

@tschumm Thanks for the ideas. a LOT is going on behind the scenes. I may do some of that on my website and try to monetize it. Most of what is happening now is way beyond peoples understanding. Truth is much stranger than fiction. We will have famine here in the US before five years is up. Preparing for that, if you can, is far more important than gold going to $4000 and ounce or oil to $300 a barrel. But for you, I will post a vid!! What would you like me to cover tschumm?

[goodcat1982]

The current price of gold has NOTHING to do with supply and demand. Gold will act just like any other bubble. Saying it's not going to go up forever is just insultingly obvious!

It's buisness as usuall in the markets!

[limitedplay]

@jonvssocrates thats what Im thinking as well, but the dollar going up because unemployment is down but its artificial. One side shall prevail and I dont even know what side Im on lmao.

[zeproo]

@manoftruth Question. I'm confused here. Currency is losing value, market will collapse, new gold discoveries will alter the price + materials are bad investments, what should we do with our money then ? Buy Bear ETF's like FAZ maybe ? Please elaborate ?

[anamenotalreadytaken]

As the dollar plummets, the price of oil will rise, along with the cost to produce anything...including the mining and extraction of gold. It will take a meteor of pure gold slamming into the Earth to cause a significant increase in the gold supply at a low cost of extraction. Maybe that's what you're envisioning??

[BuiltBibleTuff]

@manoftruth This is probably the best advice you can every give someone investing in these material thigs.

[Enemyatthegates1]

the same could be said about silver