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 Replies: 29 / Views: 2,799 |
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Valued Member
Philippines
107 Posts |
Do you think Silver and Gold will go up as high as 990+ for gold and 18+ for silver this coming months? i notice in kitco that the increase is fast this past two days..  |
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Bedrock of the Community
United States
10045 Posts |
I guess it all depends on where these metals stand today against historic trends--and which trendline is relevant going forward*?   Of note: the vertical line marks the point when RE-based investments peaked and reversed direction...and I started hearing investor buzz to get into Au/Ag. *not investment advice  Everyone gets more excited about Au/Ag going up--than going down. |
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Bedrock of the Community
United States
10982 Posts |
$990 gold is almost a sure thing in '09.
$18 silver is 18-24 months out IMHO.
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Valued Member
United States
250 Posts |
I think it will go up
and down
and up
and down
Timing the gold market seems to be the key to making any money on it unless you are a con artist that is trying to get people to send their gold to them in an envelope.
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Pillar of the Community
Canada
1248 Posts |
1100 by dec for gold, $16-18 for silver...
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Pillar of the Community
United States
1055 Posts |
I deffinately think gold and silver will continue to rise in the long term. $2,000 an ounce for gold isn't that far off in my opinion.
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Pillar of the Community
United States
3294 Posts |
Yes. How much and when is beyond my expertise.
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Pillar of the Community
United States
618 Posts |
 Nod you said it all. |
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Pillar of the Community
United States
1882 Posts |
Quote:
Yes. How much and when is beyond my expertise. It is beyond *anyone's* expertise...  |
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Pillar of the Community
United States
3294 Posts |
Unless the Hunt brothers return.
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Moderator
 United States
187637 Posts |
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Pillar of the Community
United States
1882 Posts |
Quote:
Timing the gold market seems to be the key to making any money on it unless you are a con artist Companies like Kitco, Dillon Gage, and APMEX make money without conning anyone, and without having to time the market accurately. They buy at wholesale and sell at retail all day long, making money on the spread. |
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Bedrock of the Community
United States
10284 Posts |
I have been predicting 1400.00 for Gold and I think it could hit that and go over that by 2010.
I think Silver might reach 22.00 if I am right about Gold. Wait and see what this Fall is like with unemployment, inflation, heating prices and taxes, just a very short list of the many other negative problems the US economy has.
I am pessimistic about things as they are, I think things will be getting worse, not better.
If I am wrong about this, I'll be very happy to admit that I was.
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Pillar of the Community
United States
3098 Posts |
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Moderator
United States
16677 Posts |
yes.  swcoin.ecrater.com
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Pillar of the Community
United States
3098 Posts |
Actually, I think gold + other metals will have a dog's day in the summer... and in the fall it will start going back down to the $850-$950 range.
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Replies: 29 / Views: 2,799 |
Posted 05/07/2009 2:41 pm
