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<p>[QUOTE="krispy, post: 753823, member: 19065"]Thanks Morgan1878. I'm quite impressed how far back you have read or been following the thread. I can only say that I have learned a lot from <u>everyone</u> in the bullion investing threads of CT and applied what I was hearing here as a consensus as well as acting on instinct from many years watching/buying bullion to what I was reading/filtering out of the media and markets this year. There's sure no science to it but I am happy that I was able to arrive somewhat sensibly within range... </p><p><br /></p><p>As for 2010, that's a real tough one! What's happened the last week and half seems to be no threat to a bigger negative correction going forward. I did respond to <a href="http://www.cointalk.com/t79495/" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t79495/">Ryan's Gold Contest</a> with a lower number of $1,143.30 and we very nearly saw that already today! I do think you'll see $1,350/oz. for gold in 2010 as this thread has been anticipating for some time, perhaps by the end of February 2010. I am cautious to predict a high for gold in 2010 because there are so many factors that could reverse the gains while still so much looming and a certain 'awareness' now fresh in people's minds and a focus on PMs by people now vested in PMs, that it may well sustain gold prices next year at $1,500 - $1,650. I am cautious to go higher at this time despite all the media hype north of $2K. I think silver will advance in 2010 also, but even slower than gold since it's had such a huge gain this year and it would be hard to suggest numbers greater than $25/oz. in 2010, for silver. </p><p><br /></p><p>Just my two cents. And many thanks for bringing back my prior prediction. Cheers![/QUOTE]</p><p><br /></p>
[QUOTE="krispy, post: 753823, member: 19065"]Thanks Morgan1878. I'm quite impressed how far back you have read or been following the thread. I can only say that I have learned a lot from [U]everyone[/U] in the bullion investing threads of CT and applied what I was hearing here as a consensus as well as acting on instinct from many years watching/buying bullion to what I was reading/filtering out of the media and markets this year. There's sure no science to it but I am happy that I was able to arrive somewhat sensibly within range... As for 2010, that's a real tough one! What's happened the last week and half seems to be no threat to a bigger negative correction going forward. I did respond to [URL="http://www.cointalk.com/t79495/"]Ryan's Gold Contest[/URL] with a lower number of $1,143.30 and we very nearly saw that already today! I do think you'll see $1,350/oz. for gold in 2010 as this thread has been anticipating for some time, perhaps by the end of February 2010. I am cautious to predict a high for gold in 2010 because there are so many factors that could reverse the gains while still so much looming and a certain 'awareness' now fresh in people's minds and a focus on PMs by people now vested in PMs, that it may well sustain gold prices next year at $1,500 - $1,650. I am cautious to go higher at this time despite all the media hype north of $2K. I think silver will advance in 2010 also, but even slower than gold since it's had such a huge gain this year and it would be hard to suggest numbers greater than $25/oz. in 2010, for silver. Just my two cents. And many thanks for bringing back my prior prediction. Cheers![/QUOTE]
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