1 year till the 2020 Presidential election, were do you see bullion prices on 11/3/20?

Discussion in 'Bullion Investing' started by Tuco, Nov 3, 2019.

  1. Tuco

    Tuco Member

    2020 is shaping up to be a wild ride and it will be interesting to see what happens with the economy, market and what moves we'll see from central banks and the fed. A recession EDited seem possible. I'll predict we see $24 silver and $1700 gold in 1 year, but wouldn't be surprised if it's much higher.
     
    Last edited by a moderator: Nov 3, 2019
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  3. furryfrog02

    furryfrog02 Well-Known Member

    I predict that it will either be higher or lower than it is today.
     
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    Yes, silver will be a little higher or a little lower than it currently is.
     
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  5. Islander80-83

    Islander80-83 Well-Known Member

    Who cares, my 401 is going thru the roof!
     
  6. -jeffB

    -jeffB Greshams LEO Supporter

    I predict that this thread will be locked well before then.

    (As you're a new member, be sure to review the rules, particularly number 8. :))
     
  7. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Thanks, but so far Politics and world events has been small ( just one edit), but if more of Politics, Religion , or World events ( real or speculated) discussions will reflect possible reactions from the mods. Yes , knowing the rules will help to stay in the forum. jim
     
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  8. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Well-Known Member

    While this is a tough game to predict, I do believe silver will begin averaging well over the $20 mark a year from now, instead of averaging in the 10's range. Most likely no "spikes" for a while. People will probably say 2011-2012 was an anomaly in PM's. A part of me doubts a recession, or at least just not a big one anyway. But one just enough to fiddle with a few markets here and there.

    I believe unemployment has been improving slowly since the 2008-2011 recession. I know this is an anecdote of sorts but more people I interact with in real life have jobs compared to 8 years ago. Housing in my area doubled if not more than that. We got this home in early 2012 for 75,000 now it has an estimated property value of 160,000. If less people had money nobody would be buying homes but that's not the case.
     
  9. tommyc03

    tommyc03 Senior Member

    There's no real answer for this that would make any difference really. Up and down and repeat. But I would like to take a ride in Doc's time machine.
     
  10. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    I warned about this thread , so post removed and infractions given. Next such will take a vacation !!

    Jim
     
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  11. Tuco

    Tuco Member

    srry guys, didn't know the two words together were off limits, should have followed my own advice, when you have to shoot shoot, don't talk :)
     
  12. fretboard

    fretboard Defender of Old Coinage!

    Interesting but when it comes to politics, I don't want nothing to do with it! Not on this forum! :D We're here for coins! ;)
     
  13. Islander80-83

    Islander80-83 Well-Known Member

    On a neutral political question:

    It's almost like an oxymoron isn't it?

    I'm just sitting here thinking, fortunately or unfortunately are there any worldwide gov't sponsored coins in our collections that "aren't" politically motivated or related in some way?........I don't think so.
     
    Last edited: Nov 4, 2019
  14. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    And you are welcome to discuss the rarity , grade, possible values of such coin, population of coin, metal, manufacturing, etc. BUT not the political aspects of such. Especially as it concerns the US political system and elections.

    and as I was typing this another thread of more specific politics so that member is now on vacation as I indicated in earlier post. No matter who or who they support.

    Jim
     
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  15. Islander80-83

    Islander80-83 Well-Known Member

    Yep, not a problem.
     
  16. fretboard

    fretboard Defender of Old Coinage!

    I don't see the POG spiking up much this year but you never know, we'll have to see! :D
     
  17. Mr Roots

    Mr Roots Underneath The Bridge

    I like to walk the line.

    Bring back the Apprentice on NBC in 2020..!
    Make TV Great Again..!
     
  18. Santinidollar

    Santinidollar Supporter! Supporter

    Same answer every time someone asks for a PM price prediction: Who knows?
     
  19. myownprivy

    myownprivy Well-Known Member

    This is an interesting attempt at a thread. However, I agree that it is nearly impossible to speculate. There are just too many factors that go into PM prices. Some of which is based is on actual data (mining, demand, the stock market, the strength of the dollar) and emotion (what will happen if so and so wins the election).
     
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  20. GoldFinger1969

    GoldFinger1969 Well-Known Member

    It will either be closer to $1,600 oz. or $2,500 an ounce. I am hoping it is not closer to $4,000 an ounce.:eek:

    That's all I am saying after my last experience posting here........:D
     
  21. GoldFinger1969

    GoldFinger1969 Well-Known Member

    True....but there is a definitive event that leads to 2 dichotomous outcomes. We just can't predict it now.
     
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