2008 prediction: gold $950.00 silver $18.50

Discussion in 'Bullion Investing' started by elaine 1970, Dec 31, 2007.

  1. dreamer94

    dreamer94 Coin Collector

    I'm just amused at seeing my First Spouse coins become more valuable for the melt value than what I paid for them. The question is whether the runup in gold prices will affect the price of these coins.
     
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  3. RickieB

    RickieB Expert Plunger Sniper

    Well over 2 years ago I made a prediction that gold would see $1000/Oz by 2007-2008
    The economy and value of the US Dollar is in deep trouble as our debt is astronomical and it is only going to get worse in the near term. Ride the bull fellas..ride the bull....

    I have been buying up to the $525 mark and now I am setting my target to sell at 925.00

    with 43 ounces, I stand to do pretty well.


    RickieB
     
  4. spock1k

    spock1k King of Hearts

    now i know how your paper collection gets fiannced unfortunately i dont have any doubles to sell :(
     
  5. RickieB

    RickieB Expert Plunger Sniper


    [​IMG] ROTFL


    My dear Spock1..tis not the case...it all comes from years of education,buying at the bottom going up...and being a hard headed nincompoop!
    The Gold investment is all in bullion coins which lowers the risk somewhat, instead of buying high grade rare gold coins which in the long run in a Gold bull market may or may not fair better!

    I am happy with my long wait and rewards...the $$$$ will go to my Son's investment fund. The Paper collection is something I do on the side with $$$ earned from my job and commissions...pretty much just like everyone else.

    Regards,

    RickieB
     
  6. elaine 1970

    elaine 1970 material girl

    gold up again

    gold traded $889.60 and silver hit $15.85.
     
  7. elaine 1970

    elaine 1970 material girl

    gold record high again

    gold hit $891.80, silver 15.91
     
  8. elaine 1970

    elaine 1970 material girl

    new high

    i like to adjust again the estimated prices that the u.s. mint might do for the 2008 gold coins.

    bald eagle gold unc: $322.95, proof $342.95

    am eagle (w) unc gold one ounce $1,121.95 proof $1,181.95
    half ounce unc: 574.95, proof $609.95
    1/4 ounce unc: $299.95, proof $319.95

    5th spouse gold unc: $582.95, proof $602.95

    sorry folks. that's only my estimation.
     
  9. spock1k

    spock1k King of Hearts

    ok at 600$ a coin the spouse series will die
     
  10. elaine 1970

    elaine 1970 material girl

    you are wrong

    because the price went up because they were people buying them at higher price. just like the stock market. you win, someone lose. you lost, someone win. simple. at $600.00 a piece for spouse gold. people will still buy them. who knows the 6th spouse might be higher than the 5th. and 7th pouse higher than the 6th and so forth.
     
  11. spock1k

    spock1k King of Hearts

    have you seen the mint inventory for the 4th spouse as yet? there is still time left wake up. when the bubble bursts it will be 1980 all over again
     
  12. elaine 1970

    elaine 1970 material girl

    bubble?

    unless the dollar recover again. or else. it will keep going up. the oil, gold & silver will continue to rise.
     
  13. spock1k

    spock1k King of Hearts

    i am just saying the spouse coin series will flop at 600 for a coin
     
  14. elaine 1970

    elaine 1970 material girl

    gold tomorrow

    tomorrow hopefully it will break the $900.00 barrier. and proceed to $1,000.00.
     
  15. spock1k

    spock1k King of Hearts

    if i pickup early tomorrow and it goes south ill end up in the mire i will wait honestly i am hoping and praying it goes back to 800
     
  16. elaine 1970

    elaine 1970 material girl

    gold higher and higer again

    gold 895.60, silver 16.28

    note: $900.00 will be broken soon.
     
  17. dreamer94

    dreamer94 Coin Collector

    The mint has to keep making them because the program is mandated by law.
    If only a few people buy them, the later ones could end up being very rare issues in the future.

    Does anyone know how long the mint will continue to offer each issue? Do they automatically get discontinued when the next one comes out or does the mint have discretion to keep selling each one as long as they want to?
     
  18. elaine 1970

    elaine 1970 material girl

    answer to your questions?

    both can be apply.
     
  19. Treashunt

    Treashunt The Other Frank

    Gold: 891.60 +11.60 +1.32%

    High for the day: 895.60

    SILVER
    01/10/2008
    13:30

    16.20 +0.43 +2.74%

    Perhaps Elaine is going to go down in history!
     
  20. elaine 1970

    elaine 1970 material girl

    gold record high

    what you mean?. give more reasons....
     
  21. Treashunt

    Treashunt The Other Frank

    with your predictions.
     
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