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Do we see gold hit $1000 and silver $12?
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<p>[QUOTE="bg35765, post: 1734509, member: 42710"]I know, it was somewhat of a joking response because that is a peeve of mine. I think ESPN started the trend of speaking of past, present, and future events all using the present tense.</p><p><br /></p><p>For example (a week after the game): "If Denard Robinson doesn't get hurt, does Michigan beat Ohio State?" </p><p><br /></p><p>That could be stated more eloquently: "If Denard Robinson had not been hurt, would Michigan have won the game against Ohio State?"</p><p><br /></p><p><br /></p><p>I will give you my honest answer to your question though. Our monetary policy should have caused gold and silver prices to increase, but it should have been a slow, steady rise over the years. So find a 20 or 30 year gold price chart on the Internet and print it out. Then take a ruler and draw a line from the starting point that would show steady price increases to account for the expected price growth to account for inflation.</p><p><br /></p><p>The end point of that line is where the price of gold should be and where it will get back to eventually. When I do that I get an end point that should be in the $600 - $800 range. So that is where I think it will go eventually.</p><p><br /></p><p>At that point I think it will be safe to buy bullion. In the meantime I will only buy gold or silver coins with numismatic value.[/QUOTE]</p><p><br /></p>
[QUOTE="bg35765, post: 1734509, member: 42710"]I know, it was somewhat of a joking response because that is a peeve of mine. I think ESPN started the trend of speaking of past, present, and future events all using the present tense. For example (a week after the game): "If Denard Robinson doesn't get hurt, does Michigan beat Ohio State?" That could be stated more eloquently: "If Denard Robinson had not been hurt, would Michigan have won the game against Ohio State?" I will give you my honest answer to your question though. Our monetary policy should have caused gold and silver prices to increase, but it should have been a slow, steady rise over the years. So find a 20 or 30 year gold price chart on the Internet and print it out. Then take a ruler and draw a line from the starting point that would show steady price increases to account for the expected price growth to account for inflation. The end point of that line is where the price of gold should be and where it will get back to eventually. When I do that I get an end point that should be in the $600 - $800 range. So that is where I think it will go eventually. At that point I think it will be safe to buy bullion. In the meantime I will only buy gold or silver coins with numismatic value.[/QUOTE]
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Do we see gold hit $1000 and silver $12?
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