Gold Targets

GOLD TARGETS FROM MICHEL DE CHABERT-OSTLAND

Before I mention my gold targets, I want to suggest that you immediately read Barron’s interview of Stephanie Pomboy in this week’s issue ( P.43 ). I have followed her macro analysis for a very long time and I can tell you that this is one sharp lady who has a very wide following with some very important investment types. SHE RECOMMENDS OWNING GOLD ON THREE SEPARATE OCCASIONS !! This is a huge endorsement since she is so highly regarded and you might note that her reasoning for owning gold is flawless.

I had promised, in my posting of 12/10, that I would give you some targets for gold, this weekend. These are mathematically calculated targets for the intermediate term, i.e. up to nine months, on the 85% probability assumption that the correction low is in from the all time high of $1033.

$1212 to 1220

$1460 to 1470

I believe each targeted range has the same probability. Will advise as the market unfolds.

I wish Bill Murphy all the best on his forthcoming trip to Washington. I only have one suggestion: have a different presentation for the congressional reps than for Commissioner Chilton. The most thorough for Chilton but something that would fit a three page, single space, presentation for the reps. You can always build on it afterwards if they catch on to what you are getting to.

Wishing you successful investing/trading.

Michel de Chabert-Ostland, CEO

royalpalmtrading@comcast.net

Deadeye, hope you get your password worked out

cuz I am looking forward to more of your posts.

goldielocks @ 23:42, could be wrong, but if memory serves correctly, Calif. did that once before a number of years ago

Mabey the Guberinator would rather owe it to you than beat you out of it !!

Fully, that is a great website, thanks for posting


Fiat

I heard the funniest thing while out to dinner tonight besides some nurse complaining how the incoming so called nurses are making her life 10 times harder while they do nothing, boy was she mad; I had to laugh empathetically.. Someone said that The State of Calif. is considering giving people IOU’s on their state income tax refunds.Talking about paper money becoming worthless.

New Movie in the Making….good website too !

www.crimeofthecenturymovie.com/

Lurker……I thought you was a Southen Boy !


Equisteum

 Agree with what you said “so many invisible manipulators”

 The bright side may be that now the manipulators are being forced to come out of the shadows and into the light. I really don’t know, but it seems to me that at some point it will be alot less comfortable for them to operate. Maybe not.

Wow …the Buck is tanking again tonite

..going down even faster than it went up !

Deadeye…Looks like you have dualing passwords

……use the last one sent to you….you know you are important when The AuDept comes to the Rescue !

:)

fgc

hey…. if goldot  shows up………  send him down to new jersey.

Maya 23:10

“That would be about +18F”

Oh..that’s sounds positively balmy when you put it that way…Wait , I’ll just go dig up my bathing suit and go outside to work on my tan..

Yup, you’re a hardy WI boy and your brains are frozen solid and I’m a winter wimp ..

C’est la vie …LOL

Equiz….When in doubt go to the Phys

….all else is a crap shoot…. ponzi scheme..cesspool ….charade

…..wish I had the makep to sell all stocks here….but still waiting for Gold Fever to lift all boats…

…..I fell in love with some goldminers an wont give em up yet…

…..Cheers….FGC…..waiting for goldot !

Viking @ 21:10 pm.

I was in Florence on Saturday.  If I known you were going to be down our way I would have tried to meet up with you.  I hate to miss the opportunity to meet a fellow tenter.

sad note…..

i do have to put in my two cents  :  the end of the world  is not forth-coming;   however the usa will go bankrupt after natural disasters wipe out a lot of capital.  therefore the greenback  ( aka sterling mining) is not worth fretting over.

padre pio,  prayer,  and good friends is all that is necessary for “the good life”