how high can gold go up this year?.

how high can gold go up this year before it settle down at a lower price?.
1. $1,250.00
2. $1,350.00
3. $1,500.00
4. $1,650.00
5. $2,000.00
6. $2,300.00

make a guess and thanks.

 

Log in or Sign up to hide this ad.

I will go with $1,500. Just a guess but maybe when the christmas rush hits, it may push it up a bit.

 

1,500.00 is my guess but who knows in this scary economy. Has anyone been paying attention to scrap metal (steel,iron,copper,brass) it is crazy.

 

my guess is also at around $1,500.00 to $1,650.00. but for more conservative. $1,350.00 to $1,500.00. some predicted $10,000.00, $5,000.00 or $2,000.00. some even predicted silver much better. well. who knows. it should be very much better than current price.

 

see this guy predicted gold can go as high as $10,000.00.

http://www.kitco.com/reports/KitcoNews20100412J.html

 

and this guy said it will double at current price.

http://www.kitco.com/reports/KitcoNews20100412J2.html

 

or this guy more conservative to $1,600.00. but predicted silver will outperform gold.

http://www.mineweb.net/mineweb/view/mineweb/en/page31?oid=103269&sn=Detail&pid=31

 

I could see gold jumping wildly in either direction. I still think there is a strong chance it will get under $1000 for a bit. When interest rates rise gold will fall. I would say that most of the people on this forum are holding physical gold in the form of bullion or collectible coins. Most of the "gold" in the trading world is not physical. Investors don't care about gold they care about returns. When the prospects for returns goes down watch gold fall. All investors care about is at what price they can convert their investment holdings into cash.

 

there is no wildly move upward. so there will be no wildly come down either. simple as that. i see gold to move way up before talking about bubble. my prediction is $2,300.00 high and back down to $1,500.00.

 

This guy obviously sells gold.

 

I voted 1250, for gold to jump very much other investments would have to become less secure, I think that real estate, stocks, and other investments are recovering somewhat from the last time they drained the assets out of the market, I think those investments will rise for a time and build up some money before they drain them again.

 

I voted for the first choice. I think gold wil be more in a trough richly sideways. Maybe finish the year closer to 1250-1300; but not greater than 1350.

 

I don't think 2000 is out of the question, although it is easier to know what will happen than when. When gold starts to move, there could be a buying panic because there isn't that much of it for institutions to purchase.

 

stock market three indexes were up so much and recovered so much. it is time for those to bubble i think. not gold. gold is just started to climb up. but very steady and stable. i see $1,500.00 too.

 

I would guess modest gains!!

 

I see gold remaining about where it is with a possible moderate upswing barring another world crisis of some sort or another major stock market expose which will result in a significant rise in gold prices.

"...Investors don't care about gold they care about returns. When the prospects for returns goes down watch gold fall. All investors care about is at what price they can convert their investment holdings into cash..."

I started collecting gold bullion and gold collectable coins because i lost faith in the markets. Owning the metal instead of paper appeals to me right now and for the foreseeable future.

​

 

you are 100% right. own physical gold. you are sure to win. own stocks. most of us will be losing.

 

gold high tonight at $1,161.20/oz. currently traded at $1,160.00/oz.

 

I still own some stocks, mutual funds and ETFs however during early December '07 and JanuARY '08 I moved all of my retirement funds to US treasuries. The maRkets was very unstable back then what with the wild swings. Then started buying gold then ABNCo material which I believe are good invests besides the enjoyment of collecting them. After the markets stabilized some i started moving money back into the markets. For now I 'm not buying any more paper.

In '07 If I had only known enough to buy credit default swaps against the mortgage derivatives I would be rich today.

 

Count me in the camp that doesn't think gold is going to gain that much. I think gold is going to stay in a holding pattern of sorts for a few years, if not retreat a little. I feel it was a little over bought in the panic.