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Gold and Silver prediction for 1/1/11
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<p>[QUOTE="Team Maf, post: 939643, member: 26404"]I think it depend on the "pow" of things and how the higher ups are going to handle things in the world and US economy. Maybe 1300 by the end of the year for gold, maybe it'll shoot way down again if they create another false sense of "everything is ok" before it shoots way up(i.e stimulus bill #2). Although many say before 2011 things will decline again, therefore a obvious upshoot should be inevitable. </p><p><br /></p><p>DO NOT FORGET the USD issue and people who may end up ditching it(the dollar) to invest in gold/silver or other investments since we are in line with the deficit issues. Domino effect may come into play as well in a vicious circle from country to country causing some serious issues.</p><p><br /></p><p>DO NOT FORGET paper investments where physical gold/silver is not necessary available, and people are banking to claim on purely paper certs. Also the fake gold bars that were found and how many more are out there(tungsten core)?</p><p><br /></p><p>All these issues stacking up at once could cause a huge spike.[/QUOTE]</p><p><br /></p>
[QUOTE="Team Maf, post: 939643, member: 26404"]I think it depend on the "pow" of things and how the higher ups are going to handle things in the world and US economy. Maybe 1300 by the end of the year for gold, maybe it'll shoot way down again if they create another false sense of "everything is ok" before it shoots way up(i.e stimulus bill #2). Although many say before 2011 things will decline again, therefore a obvious upshoot should be inevitable. DO NOT FORGET the USD issue and people who may end up ditching it(the dollar) to invest in gold/silver or other investments since we are in line with the deficit issues. Domino effect may come into play as well in a vicious circle from country to country causing some serious issues. DO NOT FORGET paper investments where physical gold/silver is not necessary available, and people are banking to claim on purely paper certs. Also the fake gold bars that were found and how many more are out there(tungsten core)? All these issues stacking up at once could cause a huge spike.[/QUOTE]
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