Where are the Anti-Silver Articles?

[Smaulgld]

Gold Bashing Goes Mainstream-Why Not Silver Bashing?

Everyday for a month or so the airwaves and digital journals have been filled with anti-gold stories. In reporting on surging gold sales at the U.S. Mint in July we noted:

Lately, everyone is an authority on gold, especially its price. We are treated daily to an incessant barrage of lower gold price predictions.
The bulk of the lower gold price predictions are based on the “everything is awesome” narrative that reached its nadir yesterday with a “Gold is Doomed” collection of words strewn together and assembled in the Washington Post. “Gold is Doomed” contains a pronouncement that our policy makers “know what they are doing.”, a few mentions of Paul Krugman and the obligatory “gold doesn’t pay interest or dividends” insight.
No mention is made, however, that gold doesn’t default or go bankrupt either.


Where are the anti silver stories? Perhaps....
https://smaulgld.com/where-are-the-anti-silver-stories/

[Ronin Truth]

Over next to the anti-Lone Ranger articles.

[Zippyjuan]

Have they been wrong?


http://www.kitco.com/charts/livegold.html


http://www.kitco.com/scripts/hist_ch...rly_graphs.plx

[Smaulgld]

Yes many of the same predicting lower prices were predicting
higher price
Deutsche bank in 2013 had a 2013-14 price target of $2200
it goes down and their price target is $750

martin armstrong had a price target of $5000 in 2010 it goes down and now he says $850
links to follow

[Ronin Truth]

http://www.constitution.org/mon/greenspan_gold.htm

[dannno]

Have they been wrong?


http://www.kitco.com/charts/livegold.html


http://www.kitco.com/scripts/hist_ch...rly_graphs.plx

If you had also posted a gold chart from Jan-00 on you could clearly see that yes, they are wrong.

[Smaulgld]

Have they been wrong?


http://www.kitco.com/charts/livegold.html


http://www.kitco.com/scripts/hist_ch...rly_graphs.plx

Yes they have been wrong - many of these gold price "authorities" made higher gold price targets when the price was rising- which turned out to be wrong.
Now that the price is dropping they make new lower price predictions.
Just two examples
Here is Martin Armstrong calling for gold $860
http://www.armstrongeconomics.com/archives/35296

Yet here he is in 2010 predicting that we should see gold at 5000 by year end 2015:
http://www.armstrongeconomics.com/wp...12-22-2010.pdf

Or Deustche Banks new call for gold price $750 (calling it "fair" value)
http://www.afr.com/business/mining/g...0150727-gil4ns

Yet in 2012 DB was saying Gold $2,200 in 2013/2014
http://www.marketwatch.com/story/deu...ook-2012-10-02

[Zippyjuan]

Note that their predictions followed the current trend at the time they made them. When they saw the market change, they changed their predictions. Some like Peter Schiff never change theirs no matter what the market does. Also shows that nobody can predict with much accuracy consistently.

[Smaulgld]

Note that their predictions followed the current trend at the time they made them. When they saw the market change, they changed their predictions. Some like Peter Schiff never change theirs no matter what the market does. Also shows that nobody can predict with much accuracy consistently.

that's the truth, these people and entities predicting the price of gold are just following the trend-anyone can do that- the trick is to get people to think you are an authority!

[Smaulgld]

How about Gold $350 !
http://www.marketwatch.com/story/inv...nce-2015-07-29

But in May 2013 The real price of gold may rise even further from today’s elevated levels.
http://papers.ssrn.com/sol3/papers.c...act_id=2078535