Future price prediction for silver & gold

Gold and Silver are plummeting!!!!!!!!!!!!!! Silver is below $8.50 and Gold is almost back down to $500!!!!!!!

 

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gold and silver rebounded nicely

silver recovered and hit a recent high of $8.95 per ounce.

 

future predictions

silver today high at $8.97. possible to break $9.00 again. maybe hit a new high and pass $9.26.

 

Allow me a moment to sum up the entirety of this 13 pages of thread...

*ahem*

Daily spot prices can be found at www.kitco.com

Sometimes silver can go up and sometimes it can go down.

-fin-

thank you.

 

Hmmmm, I guess you thought silver was underpriced at $4.50 in 2000? Hmmm, Maybe gold was goofy @ $256 an ounce in 2000.

You have a very small window regarding gold and silver prices. They are at 20 + year price highs.

Plummeting???????? Obviously you do not have a clue regarding historic precious metal prices.

You have to know more about silver and gold, than the prices over the last 3 weeks. Your comment leaves one to believe you are absolutly clueless.

 

WRONG!!!!!!!! Otherwise Gold should be at about $350. Interest rates have been a lockstep UP for a year and a half. Gold has gone up despite the feds short term hikes. Do you know what a rate inversion is??? Short term rates are always less than longer term rates. Except for now.....

2 yr note is 4.37%
5 yr note is 4.32%
10 yr note is 4.37%

Do you see a problem with these rates? I do. So does everyone else.
A rate inversion.

The usual thinking is... Higher interest rates=lower precious metal prices. This concept has not held water for the year and a half or so that interest rates have risen. Precious metals have risen in an unprecedented BULL Market, despite the Feds nutso moronic path to higher interest rates.

I don`t have a crystal ball, but precious metals are free of the gold mining hedge funds, and the European Central Banks, and are truely in a free market for the first time. Ever.

 

Equilibrium

Still I wait for Gold & Silver to achieve their historical balance of 1 ounce of gold = 20 ounces of silver. That will be the excitement!
John

 

silver and gold surged

silver rebounded to reach a high of $9.15. hope to pass $10.00 this time.

 

silver might hit record high again?.

silver traded $9.25

 

2005 silver proof set

2005 silver proof set could go as high as $80.00 a set. mintage lower than 2004.

 

gold breaks record

while gold passed the record high. the silver did not. silver closed at bid 9.08 and ask 9.14. which is not bad. i see silver will settled around 8.50 to 8.75 average per ounce for several months.

 

gold and silver will push higher and higher again.

silver traded $9.27 and gold at $562.50 per ounce. see silver push through $10.00 soon. other common silver & gold bullion related coins were: modern commems dated 1983 to 1988 minimum now cost $12.50 each. silver proof quarter 5 pc set dated 2004 without sleeves and box cost $18.50 per set. and gold dated 1983 to 1989 modern commems cost $165.00 each.

note: 1983 to 1988 modern commems with sleeves or box and c.o.a. minumum cost should be $15.50 instaed of $11.50.

 

Silver will end up falling and level off around $6.50 and $7.00 per Oz.

Gold on the other hand will stay strong and drop down and hover around $520-$525 per OZ.

All will occur by the end of this year or earlier.
COUNT ON IT!!!!!

 

YN, you could be right for the short run. However, nobody can find, permit, finance, develop and operate a silver mine at those prices, and annual world demand exceeds mine supply. Gold is probably closer to break-even, but requires fairly high quality deposits to be economical at $525. Energy is a large part of the cost of mining, and the cost has gone up a lot driving up the breakeven price for gold mining. So longer term, signs point to either higher silver and gold prices or inadequate silver and gold supplies. I'd love one more shot at $6.50 silver.

 

gold record high

gold hit record high again at $568.70 while silver touch its high at
$9.26. still analyst predicted it will pass $10.00 soon.

 

silver riding high again

silver currently bid at $9.20. soon gonna pass $10.00. i think it will stay around $12.00 in the future.

 

silver break its recent high

silver reached a high of $9.53 today. it should pass $10.00 within few days.

 

An Interesting Quote

This is interesting and exciting, I hope NumisMedia does not mind me reprinting it.

" ** NumisMedia E-News Weekly - January 23, 2006 **

**NumisMedia E-News**

Metals Marching Forward

The way the metals are acting you would think it is only a matter of time before they really take off. If history is any help at all, this looks like 1979-80 all over again; without the major downturn. Prices tend to run up to record highs and then fall back slightly to establish an overall higher base. Then they run up again. The analysts in the know seem to think we are just getting started. If this is the case, we are in for a long ride. How this influences the coin market will be interesting as well. "

Best Wishes,
John

 

another day of recent record high

silver break recent record high again. today silver hit a high of $9.66. $12.00 is the next target.

 

silver moving faster than gold right now

silver will pass $10.00 easily and heading to $12.00 an ounce. right now it is moving faster than gold. around 57 to 1 ratio.