How far can gold go?
Peter Oberois
Feb. 26, 2007

Gold prices are driven by geopolitical events like Iran and a possibility meltdown of financial systems including currencies from the real estate and mortgage problems.

Gold is also a proffered commodity at the very start of deflation as interests start falling and dollar is weaker for the same reason.

Analytic models are pointing to an incomplete bill cycle in gold. As long as that is in tact gold can go up. After some corrective moves, gold can easily test $750-775. Most like it will fail to penetrate that level due to residue selling of central banks in Europe. After correcting from there gold can traverse towards $850 an ounce.

How far can gold go?
Peter Oberois
Gold prices are driven by geopolitical events like Iran and a possibility meltdown of financial systems including currencies from the real estate and mortgage problems...
READ MORE>>

The private and public debt load root cause of deflation and economic recession – Greenspan warns
Peter Oberois
The budget deficit is the biggest concern. The debt of people on their homes, cars, and credit cards – when all added up creates the recipe for the disaster.
READ MORE>>

Do not expect a crashing economy or stock market – it will be steady slide for decades till the deficit and balance of payment situation improve
Marla Guthrie
It is different now. The fall will be steady but almost never-ending – typical long-term bear market.
READ MORE>>

A crashing drop of 3% in durable goods order will reflect the business sentiment – the small businesses are giving up hopes
Peter Oberois
The small business spirit is down as deflation takes over the driver’s seat from stagflation.
READ MORE>>

The stealth deflation is still able to hide its effect on the economy – the data this week will be lackluster but stock markets will fall
Sam Adelton
The fall of the market will most likely be benign now. The real volatility will show up in April. After a final rally in the summer, the stock markets around the world say good-bye to bull for a long time.
READ MORE>>

It is called white gold – it will shine better and will prove to be world’s most wanted commodity
Sam Adelton
The production is on the rise. Right now the prices are depressed. But the demand outpaces supply by a ration 10 to 1. This means sugar prices can rise fifteen times from where it is today in the next ten years.
READ MORE>>

Financial services sector and banks leading the deflation driven depression with real estate collapse
Peter Oberois
The stock market quietly topped out like in 1929 and 1987. The financial stocks and banks are leading the worst nightmare of deflation driven depression.
READ MORE>>

Crude oil can finally spike one last time before collapsing below $40a barrel – where did crude bulls go wrong?
Karen Gonzalves
Indians, Chinese, Brazilians and Americans will have start thinking of saving again and paying off their huge debt. Where is economy that can support $100 a barrel crude?
READ MORE>>

MORE ARTICLES >>