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Old 12-29-2011, 07:46   #1126
Don H
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Anybody want to wager on Gold hitting $2k now?
Sure, how much you wanna bet?

Look at the graph below, around April '08 to November '08. I remember when people were squealing about gold falling off a cliff and were telling people to abandon ship. IMO gold not hitting $2k an oz is laughable, sure it may not be next week or next month however it will get there soon enough (mark my words)! People that own physical and that are in it for the long haul like I am have nothing to worry about.

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Old 12-29-2011, 08:04   #1127
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Anybody want to wager on Gold hitting $2k now?
Over what time frame?
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Old 12-29-2011, 08:06   #1128
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Quote:
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Anybody want to wager on Gold hitting $2k now?
Sure. I'll take it.

Here's the catch though: I won't accept payment in paper dollars
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Old 12-29-2011, 09:47   #1129
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Sure, how much you wanna bet?

Look at the graph below, around April '08 to November '08. I remember when people were squealing about gold falling off a cliff and were telling people to abandon ship. IMO gold not hitting $2k an oz is laughable, sure it may not be next week or next month however it will get there soon enough (mark my words)! People that own physical and that are in it for the long haul like I am have nothing to worry about.

[IMG]http://www.apmex.com/ChartImages/Chart_Gold_10%20Year.jpg[IMG]
Of course, the question is...can you quantify "soon enough"?
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Old 12-29-2011, 10:23   #1130
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Of course, the question is...can you quantify "soon enough"?


Gold will reach $2K per oz. in exactly one year, five days and fifteen seconds from............NOW!

Last edited by Don H; 12-29-2011 at 10:30..
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Old 12-29-2011, 10:42   #1131
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Gold will reach $2K per oz. in exactly one year, five days and fifteen seconds from............NOW!
So not until after TEOTWAWKI.
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Old 12-29-2011, 14:02   #1132
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The big seller I deal with on Ebay has apparently stopping posting new silver auctions over the last 24 hours. They normally have 100+ auctions per day and right now there are only a couple left and are due to end soon. Interesting. Maybe they're going to wait for the price to rebound a bit... or they're out of 2011 Eagles and are waiting for the 2012s to come in. The funny thing is (or sad maybe) is people are still bidding $35-37 for 1 oz American Eagles. Idiots. Frenzies usually indicate the price is going MUCH lower.

Last edited by cowboy1964; 12-30-2011 at 14:56..
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Old 12-29-2011, 19:02   #1133
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The big seller I deal with on Ebay has apparently stopping posting new silver auctions over the last 24 hours. They normally have 100+ auctions per day and right now there are only a couple left and are due to end soon. Interesting. Maybe they're going to wait for the price to rebound a bit. The funny thing is (or sad maybe) is people are still bidding $35-37 for 1 oz American Eagles. Idiots. Frenzies usually indicate the price is going MUCH lower.
I have been watching the trading volume for the past couple of months and it is just huge, like 20 times normal huge, never done this before. It amazed me how many buyers were out there and how they seemed frozen at 29-30 bottom. I have been wondering when we would run out of buyers or sellers and it looks like the buyers have backed off while there are still a lot of sellers out there.

I think that based on trading volume that the price is going to fall out of silver fairly hard.
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Old 02-07-2012, 18:10   #1134
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$34.14. It's taken longer to inch back up than I thought but the way things are going in the world (Greece and the middle-east in particular) I don't see much risk of a return to the 20s any time soon. OTOH I thought we'd be back to $40 before Thanksgiving so what do I know.
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Old 02-09-2012, 11:52   #1135
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Silver is approaching $33.70 as of 9 Feb.
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Old 02-09-2012, 14:39   #1136
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TPTB will allow a trading range, but they can't keep it below $30 for long before hedge fund managers step in and buy, driving the price back up.

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Old 02-22-2012, 18:19   #1137
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Gold is pushing 18 again…covered at least 70 bucks in the past two days.

Silver at 34.

Predictions anyone?
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Old 02-22-2012, 18:47   #1138
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Gold is pushing 18 again…covered at least 70 bucks in the past two days.

Silver at 34.

Predictions anyone?
We are all going to die some day after paying our taxes... and the value of the dollar could be about to drop more than anyone thinks.
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Old 02-22-2012, 19:26   #1139
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My prediction is holding steady around $34-36 until the balloons go up with Greece and Iran. $50 silver, $2000 gold, and $5 average nationwide gas before the end of this year.
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Old 02-22-2012, 19:32   #1140
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The time to buy PM's MAY never be better....MAY....

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Old 02-22-2012, 20:06   #1141
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My prediction is holding steady around $34-36 until the balloons go up with Greece and Iran. $50 silver, $2000 gold, and $5 average nationwide gas before the end of this year.
That's pretty bold, even for February.

I wouldn't bet against it, but those are all three very, very significant thresholds that will not go down easily.
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Old 02-22-2012, 21:25   #1142
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That's pretty bold, even for February.

I wouldn't bet against it, but those are all three very, very significant thresholds that will not go down easily.
Not really. $2000 gold is only about 15% higher than it is now. $5 gas is only about 35% higher than it is now. Silver at $50 is the more bold call, but look, it's doubled in the past few years and there was a lot less turmoil and debt and currency devaluation and inflation than there is now or is coming soon.
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Old 02-22-2012, 21:33   #1143
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Not really. $2000 gold is only about 15% higher than it is now. $5 gas is only about 35% higher than it is now. Silver at $50 is the more bold call, but look, it's doubled in the past few years and there was a lot less turmoil and debt and currency devaluation and inflation than there is now or is coming soon.
Sure thing.

As always, time will tell.

Nobody has yet had their quantitative prediction come true. Maybe you'll get lucky. Probably not...but maybe.
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Old 02-22-2012, 21:40   #1144
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Sure thing.

As always, time will tell.

Nobody has yet had their quantitative prediction come true. Maybe you'll get lucky. Probably not...but maybe.
Lucky? I think it'd suck big time to have a spike or a surge that lasted. It would mean reality was finally setting in. We'd be talking system reset...no? But as you said...probably not and that's where my money is. The PM's I have, as with all my preps, are just in case...

As an investment I think PM's are a total joke. The price goes too high, they just screw with the margins to bring it back down... margins...HA! Again...joke.

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Old 02-22-2012, 23:43   #1145
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and $5 average nationwide gas before the end of this year.
I heard 6 in FL now, and CA has 5. Its headin for 4 here in VA.
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Old 02-23-2012, 04:54   #1146
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I heard 6 in FL now, and CA has 5. Its headin for 4 here in VA.
I live in Florida and we had one gas station asking $6 per gallon and not selling. The rest of the state is selling gas for about $3.60 per gallon. I heard Ron Paul say $6 in Florida on the debate last night and couldn't help thinking that these people are both out of touch and stupid to think that we would be paying that much for gas without a tax or regulation being involved... and that would be their area.
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Old 02-23-2012, 08:31   #1147
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There is one station near the Orlando airport charging $5.79. Everything else around is $3.69ish. I guess that one station must be near the rental car return.

http://www.orlandogasprices.com/Pric...486&ft=A&tl=48

Silver $35.02 right now.

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Old 02-23-2012, 10:20   #1148
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I live in Florida and we had one gas station asking $6 per gallon and not selling. The rest of the state is selling gas for about $3.60 per gallon. I heard Ron Paul say $6 in Florida on the debate last night and couldn't help thinking that these people are both out of touch and stupid to think that we would be paying that much for gas without a tax or regulation being involved... and that would be their area.
Thanks for clearing that up. I figured it either had to be a regional anomaly, or a media hype based on a one-off. Looks like it was the latter.

At least in this instance media hype can hurt the incumbent. No problem with that at this time.
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Old 02-23-2012, 10:24   #1149
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Thanks for clearing that up. I figured it either had to be a regional anomaly, or a media hype based on a one-off. Looks like it was the latter.

At least in this instance media hype can hurt the incumbent. No problem with that at this time.
Yes, and I heard Beck using the $6 number on his radio show on my way to Sams Club this morning!
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Old 02-23-2012, 10:46   #1150
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I read an article that stated that many stations new Disney had jacked up their prices to near $6. .
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