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<p>[QUOTE=&quot;krispy, post: 820105, member: 19065&quot;]Well sure, thanks for asking! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> </p><p><br /></p><p>Firstly, here&#039;s what I had to say earlier in this thread in <a href="http://www.cointalk.com/t69392/#post686468" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t69392/#post686468">Post #20</a> on 9.11.2009 about PMs at the end of 2009 and then again in <a href="http://www.cointalk.com/t69392-30/#post753823" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t69392-30/#post753823">Post #585</a> on 12.05.2009 when asked about this current year. </p><p><br /></p><p>I don&#039;t post these daily ticker figures as any sort of prediction. I do think CT needs a <a href="http://www.cointalk.com/t79258/" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t79258/">live PM ticker</a> in the side columns of the Bullion Investing threads though. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> I post these to bump this thread along and to ride this topic out to see how far off the gold bugs were when beginning to decry that we will see gold at $1350/oz. Until then I&#039;m here, hopefully, for a fun ride. </p><p><br /></p><p>I don&#039;t work in the commodities field nor any other markets. I don&#039;t have an economics background. I don&#039;t link to stories I read by the supposed experts on this topic. I read a lot and I read what members suggest here as fodder for the gab. I take it all in, much with a grain of salt, and give my two cents just like anyone else. No one knows what will come and what the price of PMs will be from one moment to the next. I&#039;m happy when I&#039;m at least close to help reaffirm my thinking on the matter.</p><p><br /></p><p>With that and in response to your request, barring major global disasters affecting markets or similar major social unrest, I believe precious metals may well be far flatter this year. Many individual investors may well be invested up to, if not over their comfort levels in PMs and late comers may be learning just how much it&#039;s going to cost them to get their balances where they want them and so they will not continue to drive as much demand for PMs, physical or otherwise. Institutional and commercial investors will likely be beyond this having secured their positions and eagerly looking farther ahead once rectified from the previous 18 or so months of the economic downturn.</p><p><br /></p><p>So then, as many are still saying that we will see $1,500/oz. at 2010 years end and where I previously [12/05/09] suggested that $1,500 - $1,650 would be conservative when many suggested $2000/oz. was down the road, I&#039;ll now say, that the economy will not surge forward, but it will move forward nonetheless, and that gold will continue a steady rise with brief spikes toward $1,500/oz. It may even entertain that figure this year if things were anything like last year, yet I feel now that gold ends the year between mid $1,300 - mid $1,400/oz., perhaps, finally, putting a nail in the coffin of this thread. :whistle:</p><p><br /></p><p>Since this is a Gold thread, I won&#039;t go all into Silver, but to say I&#039;m thinking much the same thing in terms of performance: flat, over bought by most, except for the die-hard and most risk adverse, regular volatile ups and downs as it ebbs upward, and that we&#039;ll see $18 - $21/oz. by years end, the base being towards the lower figure.</p><p><br /></p><p>Again, <i>just my two cents</i>. Thanks for asking me for my personal thoughts and I would be pleased to hear your ideas and the ideas of others as well about what you all see for the rest of the current year.</p><p><br /></p><p>Cheers! Krispy :thumb:[/QUOTE]</p><p><br /></p>

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