I'll save you the trouble of translating:

If it's below it's "historical average", it's a bargain. If it's over, it's overpriced. Pay no attention to inflation or anything else.

lol at the forum police wanting to ban me for linking this article.

Thinking about buying GDXJ, thoughts?

also, 2013 price predictions anyone?

doesnt have to be GDXJ, alternative gold junior ETFs are also welcome

This is a good place to ask imo.

I'm related to this Ukrainian guy on my mother's side of the family.
https://en.wikipedia.org/wiki/Petro_Sahaidachny

She's looking for a silver coin that was made with his image in commemoration.




Does anyone know where I can get one, or maybe an online dealer I should ask?

Since this post:

it s over. real interest rates are rising again, the smart money is out, india can t afford it much longer, gold is imploding, everybody runnn!!!
http://www.tradingeconomics.com/indi...account-to-gdp

I bailed at 1700, had to pay some bills at the time.

$2000+ in 12-18 months continuing upward IMO.

Maybe, but I think it has plenty of room to go down in the near future.

A massive 5 month sample size. Nice. And how about since the beginning of thread? Or the beginning of the bull market? Fascinating the delusion the anti-gold crowd is living in that they pounce on any pullback or stall in gold as proof that it's a bad investment even after the move it's already had and the fact that they're still literally staring at close to $1600/oz gold even with a pullback. Nevermind the fact that the fundamentals that have driven gold to move the entire time are in overdrive at the moment. Also nevermind the fact that gold has drastically outperformed stocks for a long time now. But as soon as gold has a pullback people desperately look for some validation to cling to that someone else is wrong and they're right. Given the context of OPs position and the fact that nobody here claimed to be market timers, posts like the above just personify the twilight zone with which we are living in these days.

Sorry, you already made a wrong call on the bursting of the "gold bubble" a long time ago in a thread where you were berated. Stop being a broken clock.

If they raise interest rates the party is over, and by party I mean the ability to speculate with cheap money and prop up our false economy. I don't see that happening soon, but who knows.

I am not a trader but a buy and hold investor. I have made a lot of money investing. I never thought that I would be able to have a strategy as to how to earn super high returns by short-term trading. However, I believe in looking at everything that you say and just using you as a great contrarian indicator. Studying the anecdotal evidence, if we buy when you say sell and sell when you say buy, we will make a lot of money following that strategy.

you would be almost wiped out following that strategy. so buying italian bonds at 6-8% yield was bad? buying greek stocks when the athex was at 600 was bad? buying eurozone equities last year was bad? investing in russia at the end of 2008 was bad? investing into german real estate in 2008 was bad? investing into japanese equities a month ago was bad (still time to evaluate that one though) you might be right about the 2 days or months after my claim, you might have made a profit on average shorting, but you surely got slaughtered in the long run. regarding gold i have also stated that it would return to the mean within 5-10 years roughly 1.5 yeats ago.
i also called the rebound in us housing last year to occur now.

Sure Donkey, I await to see gold implode.

I say it is going higher and not imploding any time soon.

The US government can't afford for interest rates to go up.

Since this thread was started Gold (as measured by GLD) has had a good run. It still trails the S&P.

Chart

From what I understand, GLD != true price of gold, but I couldn't explain it (and not 100% sure). Maybe someone will enlighten.

They track each other very closely, but less so over time (click historical and see how the two widen slightly from each other over a 5yr period):

Gold spot price compared to GLD spdr gold trust ETF

Any suggestions for a noob where to buy gold? I'm in Europe if that matters.

What country?

GOOOOOODNESS, it is imploding again

thanks for the bump, must be time to buy

Cyprus is required to sell its gold reserves as part of the EU/IMF bailout plan. It's a relatively small amount, but if other debtor nations (Italy, Spain, Portugal, etc.) are dealt with similarly in the future the market will be flooded with gold.

Goldman Sachs predicts $1,270/oz by end of next year.

That's a buy signal if I've seen one.