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<p>[QUOTE=&quot;doug444, post: 1621148, member: 38849&quot;]&quot;...I think it will probably get smacked down. But it spike up first or maybe stay flat for awhile.&quot;</p><p><br /></p><p>That pretty well covers all the possibilities.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>I noticed this morning that Citigroup has changed their outlook for gold:</p><p><br /></p><p>&quot;...At Citigroup on Monday, analysts cut their gold forecasts for 2013 by&nbsp; 4.2% to $1,675 a troy ounce and 0.2% to $1,653 a troy ounce for 2014.&nbsp; Their silver price forecasts remained unchanged.&quot;&nbsp; I could not locate their current silver forecast, but seem to recall it&#039;s around a 5% gain for 2013.</p><p><br /></p><p>I see evidence, even among CT members, that expenses of daily living are causing some folks to liquidate their stacks.&nbsp; I think that trend will accelerate later in the year, especially in Europe, and that will create downward price pressure, more so if the world&#039;s central banks sell off their silver (don&#039;t think they have very much) in order to buy gold.</p><p><br /></p><p>Nevertheless, I&#039;m still a buyer, not a seller.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; <p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>

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