Predictions for gold and silver prices?

I've only received/accepted one sale on a Certified XF Indian $2.5, the remainder are returned "unavailable"!

 

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Understood....what about modern fractional gold coins ?

 

I watch a couple of dealer websites for gold at spot deals and 1/4 ozt gold does get offered periodically though it's usually the US Mint's $5 commemorative coins and not Eagles or such. For a bullion collector like me, that's perfectly fine.

 

I tried posting a response that generally when trying to acquire up to/including $50 certified Gold Eagles, "the remainder are returned "unavailable"!"

The $2.50 Indian, yet unreceived coin, was acquired at a "bargain price" of ~$625, believed ~25% premium!

 

Commentary from Citibank on gold and silver:

 

You win some...

 

Rising silver price, so why are refiners telling dealers/retail that they'll get Spot Silver minus 10% (or $6 or whatever) ?

 

So when will hit $5,000.. I am thinking sooner then later

 

Oh the good old days ....

and what seems like a few months later ...

 

People with businesses on the line are increasingly concerned that it'll drop 10% in a day or two?

 

They have a massive stockpile/backlog of silver inventory ready for recycling. They have a limited capacity to refine it.

 

Makes sense, silver IS historically "spikey."

But if the current prices hold, that "I'm Not Gonna Get Burned" discount should disappear...I hope.

 

I agree but there are too many people that fear they will be burnt.