2008 prediction: gold $950.00 silver $18.50

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

  1. spock1k

    spock1k King of Hearts

    erly morning? it s the middle of the night elaine. which country r u talking baout here?
     
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  3. 1892 Barber

    1892 Barber New Member

    Treashunt,

    Sell just before the central and world banks begin off loading gold to buy US dollars again. Gold is used in banks as a hedge against the falling dollar if the country the bank is located in does not offer insurance on deposits (or in weak/unpredictable economies). In many countries the strength of a bank is still based upon the amount of hard assets deposited in the bank (ie gold).

    OR - when the thought of not selling your gold keeps up @ night.
     
  4. Treashunt

    Treashunt The Other Frank

    The Asian markets are open during the night.
     
  5. elaine 1970

    elaine 1970 material girl

    gold record hi again

    gold traded new high at $914.40
    silver $16.50
    platinum $1,585.00
     
  6. spock1k

    spock1k King of Hearts

    loking at asian markets to find the price of us gold is like using anacs slabs to claim pcgs prices ;)
     
  7. elaine 1970

    elaine 1970 material girl

    gold fluctuation

    gold is traded almost 24 hours around world contineously, new york, london, hongkong, three main points. if you are a bullion trader. you gonna check all of them. if you are just a collector. then you can stick to new york quote. indeed we are awaken during office hours. be sure now we are in global transaction. a new generation.
     
  8. elaine 1970

    elaine 1970 material girl

    big swing today

    gold low @ $864.00, high @ $895.00, currently @ 890.00
    silver low @ 15.55, high @ $16.23, currently @ 16.07
     
  9. spock1k

    spock1k King of Hearts

    elaine how come you disaapera when gold goes down? looks like the market for gold has gone crazy
     
  10. elaine 1970

    elaine 1970 material girl

    i did not

    i did not. i still predict the gold will pass $1000.00. instead i am waiting to buy stocks. and i did it today. p.s. my coins is only 5% of my total investment.
     
  11. spock1k

    spock1k King of Hearts

    man now i have heard everything it wont bother you no matter where the coin goes
     
  12. Pepperoni

    Pepperoni Senior Member

    Hedge

    That is one hand always covering the other. About the time one area gives up a bit the other will kick in.
     
  13. elaine 1970

    elaine 1970 material girl

    gold up again

    gold high today @ $911.20. silver $16.47, platinum $1,593.00
     
  14. kleraudio

    kleraudio Senior Member

    I see gold dropping to about $700-750 this year, the dollar will get stronger in the second half of 08 compared to the Euro, Gold, etc.....

    I dont see gold staying at these levels for more than a couple months, 6 months max.

    Just my prediction based on the things Ive been reading about the economy....

    Jim
     
  15. mralexanderb

    mralexanderb Coin Collector

    Gold will go up as oil rises. Silver will also go up but not proportionally to gold. elaine, I'm starting to believe in you on this-for this year. Now that were in a recession all the rules could be broken.

    We don't hear about the recession until 6-9 months after it has started. The Gov't wouldn't want to panic the populace, now would they.

    For those of us who can't buy much gold, silver is a great option. (If you believe....)

    Bruce
     
  16. mralexanderb

    mralexanderb Coin Collector


    I wish I could buy both, coins and stocks. Maybe I should dump my failing stocks (in the next upswing) and buy precious metals & lovely coins.

    Bruce
     
  17. elaine 1970

    elaine 1970 material girl

    gold soar

    gold currently traded at $914.00 while silver at $16.48 and platinum at $1,620.00.

    p.s. latest prediction is gold will pass $1,000.00 and silver will hit $20.00.

    from dec.31 2007 to present:
    gold + 9.58%
    silver + 11.18%
    platinum + 5.49%

    dow jones - 6.68%
    s & p 500 - 7.92%
     
  18. elaine 1970

    elaine 1970 material girl

    gold record high again

    gold high $921.10.

    silver $16.53

    platinum $1,696.00
     
  19. Bonedigger

    Bonedigger New Member

    Gold will never see $1101.00 It's oversold now and China just made a big find too...
     
  20. elaine 1970

    elaine 1970 material girl

    platinum proof

    am eagle platinum proof series from u.s. mint will not be temporary selling soon. while the uncirculated version were temporary stop selling too. platinum jumped more than 10%.

    if the 10th anniversary platinum is released today for collectors. then the price should be around $2,244.95 per set.

    bald eagle gold should have been selling at $304.95 for unc and $314.95 for proof.

    spouse gold should have been selling at $599.95 for unc and $619.95 for proof. let's see the 5th spouse come out soon. and what will be the price.
     
  21. elaine 1970

    elaine 1970 material girl

    gold and silver

    gold new high $922.30
    silver $16.55
     
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