What price will Gold/Silver peak at in 2014?

[youandme]

Opinions Below.


I will assume

$1400/ounce - gold
25$/ounce - silver

 

[Cheese]

I hope not. I want to see 2000 a Oz for gold and a 100 for silver.

 

[Slapbox]

I'm hoping it drops. Planning on stocking up on some silver this year.

 

[caseyboi**]

Metals are overrated. I hear rocks are increasing in value

 

[Slapbox]

Metals are overrated. I hear rocks are increasing in value

Crack's market value is seldom influenced by the given state of the economy.

 

[Mad Villain]

idk anything bout this stuff but weird that you made the this thread today lol, I went to the bank safety deposit place with my parents today and they had a shitload of expensive gold jewelry in there. I kept asking em bout the prices and was wondering why they won't just sell it if they don't wear the things

 

[uncommon]

if i had to pick a point right now i'd say 25 on the slv
134 gld? idk

 

[Michaelangelo]

I knew a guy in law enforcement who was into minerals. He got shot and passed away.

 

[Jing]

Opinions Below.


I will assume

$1400/ounce - gold
25$/ounce - silver

Think again.

http://www.xe.com/currencycharts/?from=XAU&to=USD&view=1Y

Expect $900's by 3Q. The gold rush is long over chicken little.

 

[Wrath of Foamy]

Hoping to stock up whilst in the Navy, know the prediction of it spiking upwards in a few years.

 

[ElKarlo]

Think again.

http://www.xe.com/currencycharts/?from=XAU&to=USD&view=1Y

Expect $900's by 3Q. The gold rush is long over chicken little.

Agreed. The bull market squashed the gold bugs. That rally is over

 

[TSO]

When silver dropped from $31 to 19 I purchased a butload of it. Now if it hits $25 I'm buying a new car.

 

[King Richard]

It's all about dem Dogecoins bro.

 

[HunterIII]

I knew a guy in law enforcement who was into minerals. He got shot and passed away.

RIP Hank Schrader

 

[mjwalters]

i am a senior broker in canary wharf of London. My advice is stay away from gold.
Unless your a crazy rich country like India or China that want to use it as a hedge and also possibly to back their own currency and de monopolize the dollar.

all the major banks control the prices of gold and silver , this is common fact. They are all undervalued significantly.

My advice if you wanted a tangible asset ( I only touch penny stocks myself ) would be buy silver bullion as much as you can , as it is starting to be used for not just jewelry but industrial and surgical uses too.

Gold is done , the world economy is on the up on the whole and I generally think things are looking really good especially here in the U.K.

The only thing I'm interested to add to my portfolio is bitcoins

 

[mjwalters]

I suspect prices of gold to hit 1370 -1450 in next 12 months maximum which is a poor return imo. But if you have A LOT of disposable income then you could profit nicely from buying gold now but don't expect it to boom until another recession or if china does decide to use it to back the yuan.

my general advice stay away apart from silver even buffet bought a lot of silver and yes i know that sounds crazy considering most my income is shorting penny stocks which is probably the most risky thing out there

 

[ralphc1]

It looks like a long slide in Gold prices. As it drops further, those who thought gold was a sure fire hedge against the apocalypse will likely sell theirs bringing it down even further. Unless a great class of con artists can convince people that gold is a good investment or some idiots who think it is come into large sums of money, gold prices will drop all year.

 

[theskza]

I bought silver at 40 and 45 lol.

 

[grey poupon]

I have a co worker who has bought a shit ton of gold the past 10-12 years, he bought all the way up to $1800 an ounce. He is down thousands of dollars. He said he is just going to hold for the next 30 years. If anyone is interested there is an ETF that goes up when gold and gold miner stock prices fall. The ticker for the ETF is DUST.

 

[AgeofEmpires2**]

Governments are hoarding the gold. That's all you need to know about how useful it is. Gold is a long-term hedge investment.

Currencies rise and fall. Gold is always valued.