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<p>[QUOTE=&quot;krispy, post: 1734426, member: 19065&quot;]<b>@SCFY&nbsp; </b>Metals at almost any price away from a current days market prices are regularly anticipated and usually boasted to be right around the corner, due to drop or spike upwards at any moment. Those same hype spinning media goons on TV talking about prices now, also rode the price wave in the other direction over the last few years, which pretty much tells you what they are all about, and it&#039;s not anyone&#039;s best interests. They just like the attention as it all amounts to ad revenue and an easy job. </p><p><br /></p><p>At various times gold has certainly been at any number of not-to-be-believed prices, whether they were priced upwards or down. So, <i>is it even possible at $800</i>? Most certainly. It was there and below that price just a few years back. Look it up in the metals&#039; history charts available on sites like Kitco. Is it <i>really </i>possible... the US Mint was selling its first year of issue Proof 1 oz. (.9999) 2006 Gold Buffalo coins to collectors, a coin like any other &quot;numismatic&quot; coin with a significant mark up over spot, for $800. Around that time, bullion spot prices were less than $800. Those same &#039;collector&#039; coins, sold for double that less than ten years on when spot prices rose. We also saw loads of bullion selling like that too. There&#039;s got to be a lot of sore stackers out there these days. The folks buying because $5000 spot was forthcoming. That could still happen, but it shows that no one knows when, if ever in their life time it will occur for anyone to do anything about it.&nbsp; And note that if the price drops further, some who bought at very high levels will make rash decisions to sell at drastically undermined prices, making the possibility for lower prices a real prospect, of sorts.</p><p><br /></p><p>Also, don&#039;t undervalue your own thoughts on these matters and simply accept what any other stranger on a public comment forum tells you. It doesn&#039;t mean anyone else knows more about these things, especially... especially, what the price is going to do. For that you have to trust yourself and the knowledge you gather from observing and reading as much as you can on the topic. Only you can make a personal, rational decision, particularly when it comes to your personal financial commitment. Regards.[/QUOTE]</p><p><br /></p>

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