2010/2011: Guesstimate the High Prices of Precious Metals

The dramatic upward movement of Precious Metals continues...

Feel free to guess where high prices will be:

i) Between now (10/14*) and the end of 2010, and

ii) What high prices will be seen next year, in 2011.

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* Currently, in U.S. markets for 10/14/2010:

Gold: $1,377.40 -- Low: $1,373.80, High: $1,381.10
Silver: $24.37 -- Low: $24.19, High: $24.47
Platinum: $1,800 -- Low: $1705, High: $1721
Palladium: $690 -- Low: $594, High: $604
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Guess: 2010 High prices:

Gold: $1,485
Silver: $30
Platinum: $1,800
Palladium: $690

Guess: 2011 High prices:

Gold: $1,750
Silver: $40
Platinum: $2,200
Palladium: $1,000

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Market prices available on kitco.com

Track historic PM charts at: kitco.com/charts

 

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1. Au-$1450 Ag-$29
2. Au-$1600+ Ag-$40+

#2 is PURE speculation, really depends on our economy, but I dont see it getting better for a long time. Really, these could be too low.

 

Guess: 2010 High prices:

Gold: $1,500
Silver: $32
Platinum: $1810
Palladium: $760 just sounds like a nice number...idk...

Guess: 2011 High prices:

Gold: $2,090
Silver: $43.50
Platinum: $2,200
Palladium: $890


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2010
Gold - $1450
Silver - $28

2011
Gold - $1650
Silver - $36

 

Just a quick off the cuff guess

Guess: 2010 High prices:

Gold: $1404.00
Silver: $24.70
Platinum: $1640
Palladium: $725

Guess: 2011 High prices:

Gold: $1575
Silver: $33
Platinum: $1775
Palladium: $720​

 

Krispy: I started a poll several months ago same topic. Take a look at your predictions. I voted gold over $1500 and silver over $25...not too far off my friend. Let's see what happens. TC

http://www.cointalk.com/t116843/

 

I recall your poll and voted on 7/2/10 for "Gold < $1,500 and Silver < $25" along with the majority who responded to that poll.

PMs are on a eye opening rise! Silver is stronger and has loads of room for upward potential but I have eased off the high for gold by the end of 2010 compared to a few months ago, yet see it continuing to creep up next year more to the levels I guessed at from today.

 

Despite Record Gold Prices, Your Holdings May be Worth Less Than You Think

from etfdailynews.com [10/14/2010]

 

I just finished reading the article and I'm very P.O. Between the contents of the article and the upcoming reporting transactions >$600.00 the The Man has put a real damper on my coin collecting/investing strategy. I bought some of my silver when I was ten y/o.

 

Silver price I predict by end of 2010 is $26 and then sometime in 2011 I think it will hit $35