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<p>[QUOTE=&quot;krispy, post: 686468, member: 19065&quot;]yakpoo: I read the article you posted the other day and bookmarked it:<a href="http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=MW&amp;date=20090908&amp;id=10372575" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=MW&amp;date=20090908&amp;id=10372575" rel="nofollow"> Barrick Announces Plan to Eliminate Gold Hedges</a></p><p><br /></p><p>Kitco had some related news links this week on the Barrick story as well.</p><p><br /></p><p>Elaine has been posting &quot;her&quot; prediction all week across every thread she can get it in edgewise, and I think it started around the time of her posting this <a href="http://www.cnbc.com/id/15840232/?video=1244824610&amp;play=1" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.cnbc.com/id/15840232/?video=1244824610&amp;play=1" rel="nofollow">CNBC link</a> along with some speculations for gold at $1350 this year through $1650 next year.</p><p><br /></p><p>For gold, I continue to feel/bet/guess that it will rise and fall slowly towards a high of $1200 this year but may hit it&#039;s high sooner rather than later, and the low will not go below $950, our newest base. This with the caveat that we do not have any unforeseen natural or man-made disasters or any other economic scandals which would effect the factors that affect the price of gold.</p><p><br /></p><p>Personally, I especially like gold in coin form with nice designs that keep my interests going in collecting pieces with no less than a bullion value, but which for me are collectibles. However, it&#039;s hard to keep up with so many pricey purchases since these coins carry such premiums and having to contend with pricing fluctuations. For investment and collecting alike silver is really where it&#039;s at, and I see it easily topping $20 this year, let&#039;s suggest a $22-$25/oz. range if it keeps going, even though it is up so much already. It&#039;s a real star, easy to buy by the masses and in industrial demand... plus still at a price worth buying. Just my thoughts, hope they prove right. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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