Silver is going, going gone... yesterday's close was $12.35, down another .17 cents. Gold isn't doing much better: closed at $618.50 down another $1.94 On October 6th it hit a six month low of $560.75, from a high of $663.25 on July 14th, 2007. It looked like it was really sprinting back up until recently, and the drops are becoming more consistant. Any guesses where gold & silver will be on January 1st, 2007? How about July 1, 2007? No prizes, just pride.
Read this before talking anymore: http://www.kitco.com If anyone can predict the future, everyone should be a millionaire or actually, just about the same.
Of course, we'd all be zillionaires if we could predict the future, this was meant to be fun! Not a study in how to become Nostradamus! Also, kitco can't predict any better than anyone else.
Howdy, I'm bullish over the long term for precious metals, but in the short run . . . who really knows. In addition to www.kitco.com, drop by www.gold-eagle.com and read the articles listed on the left. Lot's of various touts, pundits, goldbugs, talking heads and whatnot - fundamentalists - tecnicians, etc. peace, rono
