Silver seems to be the shining light at the moment and the chart just keeps going up,up,up....just interested in everyones thoughts bout where Gold is goin in the next 6 months to a year? GM
I think gold will go up ~ 15 : 1 with silver. If we have $76 silver at year end ie $44 rise from now, then gold will be up around $600-700 this year. So $2000-2100 at year end vs silver at around $76. Thats my thinking for this year.
My guess is that it will still lag like it has been, but wont be prone to higher volatility like silver is... i think during a PM bull run silver always outperforms gold, but gold is more stable. Im still buying the stuff anyway but have slowed to buy more silver... still chipping away at completing Lunar 1 set 1/20-1oz, cant wait to finish the damn thing
Been lagging for a long time, even at this high, factoring recent price climbs in Silver ( and just about everything else) it's been essentially going sideways. Never been a better time to buy!
Gold already had its big move, up almost $300 US ytd. I think it will rise more slowly from here unless there is a major war in the Middle East or something like that.
Yeah I have to agree, silver will win in terms of % increase as it's coming off a lower base but gold will still perform very well & won't swing up & down too much. Have just got SMSF up & running & in the process of loading up more gold. I've still got 30 yrs to official retirement so $1425 is super cheap when looking at that timeframe.
I think in 2011 we are going to see a shedload of "something like that". As soon as china moves to change it's trading currency, all hell will break loose. It will happen very quickly. within a period of 1 week. fundamental change.
Intelligencer is right - as always. Gold (and silver) will start a new strong move up in the next 30 days. Gold has been doing a strong accumulation for about 6 months now. It's coiled up and ready to surprise everyone to the upside. Today's gold prices will soon look very cheap. Crazy little brother silver will get awfully excited too. (I think he needs some lithium - although then again - that might make him 99.8!)
