RE:Might Have to Take A Position in BGM After the RollBackAweel, those ever-optimistic, Liechtenstein-based Germans, Austrians and Swiss gold seers.
In mid-June, 2013, In GOLD we TRUST 2013 called for a $1,480 (all figures are in U.S.) 12-month target, with a long-term price target $2,230. Incrementum Liechtenstein AG
Undeterred by the gold-price carnage of 2013, in mid-June, 2014 (and likely heartened by its own "In terms of gold price expectations, it appears that the repair of technical picture is now behind us and that a stable bottom has formed", In GOLD we TRUST 2014 called for a $1,500 12-month target, with a long-term price target $2,300". Incrementum Liechtenstein AG
In mid-June, 2015, a somewhat less-enthusiastic In GOLD we TRUST 2015 suggested, "We believe a final selloff is possible. During such a sell-off, the support at USD 1,140 could be tested. We thus decided to set a time horizon of three years – June 2018 – for our long-term price target of USD 2,300 to be reached." Incrementum Liechtenstein AG
And, on King World News (which also favours and features Eric Sprott and Ian Gordon), here's a very positive and optimistic opinion by Incrementum Liechtenstein AG's Ronald-Peter Stoferle which was released to gold bugs on January 9, 2015: " https://kingworldnews.com/gold-market-finally-turned-leg-will-lead-parabolic-rise/ ... By Ronald-Peter Stoferle, Incrementum AG Liechtenstein
January 9 (King World News) – Gold Has Finally Turned & This Leg Will Lead To A Parabolic Rise
2015 – A Golden Year Ahead?!
A glance at the (monetary) history books leads us to a clear conclusion: the fundamental arguments in favor of gold are more convincing than ever. The efficacy of monetary policy measures becomes ever more questionable, risks are rising. Mohamed El-Erian compares the behavior of central bankers to that of a pharmaceutical company that forces the market to take a medication that has never before been clinically tested. Investors should not only focus on the near-term successes of the treatment, but also consider the long-term side effects.
Alas, again, Mr Market didn't listen
HELLO, HELLO!! ANYONE HOME???
What word is often used in conjunction with "seer"? Yup, it's 'sucker', as in 'seersucker', a cotton fabric used in summer-weight clothing.