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Here we go again! Gold is higher than 1800 for a total of $1822.78/oz!
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<p>[QUOTE="InfleXion, post: 1247904, member: 29012"]JPM has actually updated their stance that gold will hit $2500 by year's end. I would take that with a grain of salt as it isn't uncommon for some of the big players to use their stances to influence others so that they can turn a profit at the expense of the herd. </p><p><br /></p><p>I think it may be a blessing in disguise that silver hasn't followed gold so far, because that just means it's more affordable. I am seeing a noticeable supply crunch with the desirable silver on APMEX, Kitco, and Gainesville Coins. In the case of Kitco even with generic 1 oz bars. I believe the silver market is being held back by slow economic growth, but would not be surprised for it to surpass the percentage gains in gold once the average person is seeking metals instead of just the super rich.[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1247904, member: 29012"]JPM has actually updated their stance that gold will hit $2500 by year's end. I would take that with a grain of salt as it isn't uncommon for some of the big players to use their stances to influence others so that they can turn a profit at the expense of the herd. I think it may be a blessing in disguise that silver hasn't followed gold so far, because that just means it's more affordable. I am seeing a noticeable supply crunch with the desirable silver on APMEX, Kitco, and Gainesville Coins. In the case of Kitco even with generic 1 oz bars. I believe the silver market is being held back by slow economic growth, but would not be surprised for it to surpass the percentage gains in gold once the average person is seeking metals instead of just the super rich.[/QUOTE]
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Here we go again! Gold is higher than 1800 for a total of $1822.78/oz!
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