Silver gold and Platinum 2014 prices?

bretts911 · December 25, 2013 6:25AM

What say you ? prices up or down at the end of 2014 ?
Im hoping it drops below $15 so I can buy more

Baley · December 25, 2013 7:28AM

Sometime next year, i expect to be able to buy gold for 900 and silver for 13

derryb · December 25, 2013 9:14AM

Much higher at the end of 2014.

secondrepublic · December 25, 2013 9:40AM

<< Much higher at the end of 2014. >>

+1

pragmaticgoat · December 25, 2013 10:15AM

I have no clue, but if it's lower I'll be able to purchase more ounces, if higher less.

BAJJERFAN · December 25, 2013 10:44AM

No doubt that they will be zigging when I am zagging!

C0INB0Y · December 25, 2013 11:20AM

<< Sometime next year, i expect to be able to buy gold for 900 and silver for 13 >>

Baley · December 26, 2013 11:26AM

I would welcome platinum near $1000, would back up the truck for a half-load at that price, and leave some dry powder to go really long plat at $800

LukeMarshall · December 26, 2013 11:34AM

Any opinions on Palladium?

I think Pd will break out this year, $1000+

*Disclaimer* I've been called a dreamer before....

OPA · December 27, 2013 1:35AM

Highs for 2014

Gold..........$1325
Silver........$24.00
The 3 industrial PM....about 10 -20% higher from what they are( today 1370....709....975)

OTC......4675

jmski52 · December 27, 2013 1:41AM

I think Pd will break out this year, $1000+

Yikes, for a minute there I thought you said Pb.

jmski52 · December 27, 2013 1:42AM

I would welcome platinum near $1000, would back up the truck for a half-load at that price, and leave some dry powder to go really long plat at $800

Platinum at $1,000 or $800 implies (to me) that the economy is taking a hit.

Baley · December 27, 2013 2:58AM

<< I would welcome platinum near $1000, would back up the truck for a half-load at that price, and leave some dry powder to go really long plat at $800

Platinum at $1,000 or $800 implies (to me) that the economy is taking a hit. >>

That could be one possible cause of low platinum prices, reduced demand by industry because of reduced downstream demand for products.
Another could be increased supply by advanced separation technology making mining more efficient. Or they could send a robot to an asteroid, set up a mine, and rocket bars back to earth. Another possible cause is a group of large holders of platinum decide to sell the metal. Or a cheaper substitute for the catalytic or other properties of platinum could be developed and reduce demand for platinum, much like digital technology reduced the demand for silver in photography.

Whether or not the Economy, that giant thing, is taking a Hit may or may not be a cause the prices of any commodity to fluctuate, is all I'm saying i guess

JohnnyCache · December 27, 2013 5:04PM

AU - LOW 1105 ...... HIGH 1395
AG - LOW 15 ...... HIGH 27

edit to say Flat to lower is what I expect for 2014

57loaded · December 28, 2013 1:20AM

I'll prime the pumps at $1050, Silver? I'll stick with what I said months ago...$14. However I've stopped the notion of "backing up the truck".

This won't happen 'till late 2014, I'm still on MA Kool-Aid

mariner67 · December 28, 2013 10:44AM

"Or they could send a robot to an asteroid, set up a mine, and rocket bars back to earth."

In 2014?
Gee, I better start watching the news!

jdimmick · December 28, 2013 11:06AM

I expect a bottoming in Gold and silver ist half of 2014. 1000-1050 gold/ even though I am really a bear, I just don't see 900 gold , if it does hit it, it would be very short lived IMO. If inflation kicks up toward 2015, then I could anticipate a decent rise in both. Silver same , just don't see too much lower than 15-16. Too many buyers would jump in. The local demand for silver right now is tremendous at 20.00

I think at the peak of economic recovery PLat and palld could actually gain about 15-20% in price from current levels.

VanHalen · December 28, 2013 12:14PM

12/31/2014

Ag: $21~$22
Au: $1260~$1280
Pt: $1400~$1420

In other words little changed but there should be some points this year where they fall 10% or 15% from current levels. I don't see those $15/$900 scenarios unless equities also take a big 20% to 30% hit and I believe The Fed, PPT, et al will stave off a big equity collapse for another year at least.

P.S. Major U.S. equity indices will likely realize another 10% to 15% gains by fall 2014 (before a corrective of any kind).

mariner67 · December 28, 2013 1:33PM

I do not pretend to know where PM prices will go in 2014. A guess is simply that....a guess.
I have seen too many repeated wrong guesses here and elsewhere.
I can say I remember buying and holding and subsequently selling Krugs in the late 1970s to early and mid 1980s.
When prices were going up a lot of people started to buy and jumped on the ride.
Once the music stopped and prices continued to fall and then languish for years many many ultimately sold out and left the market for good.
After the hayride the PMmarket languished for decades. Very few cared about or were interested in returning to gold or silver.
I saw it, was a part of it and thus know it could be happening again. Don't ever think "Things are different now". They are not really.
I hope PMs slowly go up and stay up. Such a move would be healthy long term.
But, it would not surprise me at all if PM prices do not approach the 2 years ago highs for another 10, 20 or who knows how many years.
Part of me hopes that PM prices do not skyrocket because such a move whould probably be the result of the long here predicted monetary collapse which would especially hurt those living paycheck to paycheck(or government check to government check).
I stack as a small but not insignificant part of my overall asset allocation.
Yeah, I use PMs as INSURANCE. There if needed but I won't go belly up if they stay stagnent for the rest of my life.
As always, JMHO.

derryb · June 5, 2014 9:31AM

Thomson Reuters GFMS is predicting at least a 700,000-ounce physical platinum deficit this year. It projects that platinum will pass $1,700 per ounce by the end of 2014

ricko · June 5, 2014 11:51PM

Definitely recommends the physical holding rather than the ETF... eventually the paper market must crash...Cheers, RickO

derryb · June 6, 2014 12:25AM

<< Definitely recommends the physical holding rather than the ETF... eventually the paper market must crash...Cheers, RickO >>

Paper market (ETF) prices are based on spot. Only two things will result in a PM paper market crash: (1) spot price crash, (2) default of the ETF sponsor. Paper continues to be a good quick, easy play on trading (not stacking) PMs. There are also inverse ETFs that provide profit on a declining spot price.

cohodk · October 5, 2014 2:05PM

<< Thomson Reuters GFMS is predicting at least a 700,000-ounce physical platinum deficit this year. It projects that platinum will pass $1,700 per ounce by the end of 2014 >>

Another great call by Peter Schiff.

jmski52 · October 5, 2014 9:26PM

The 6 month price chart is certainly impressive, tho not in a good way. Did they find a new substitute?

On another note, it seems that this might be a reflection of the economy in general. Maybe? Maybe not?

cohodk · October 6, 2014 12:16AM

Relative valuations jmski. Stop looking for "fundamentals".

jmski52 · October 6, 2014 2:45AM

Well ain't that peculiar! Cohodk rules! He called the $40 move back to the upside. What'd I tell ya. He's pretty good, and I'm not being facetious.

Aside from that, I wouldn't know how invest on anything other than fundamentals. I know, I know. Someday I'll have to learn.

OPA · November 27, 2014 11:54PM

<< 

<< Thomson Reuters GFMS is predicting at least a 700,000-ounce physical platinum deficit this year. It projects that platinum will pass $1,700 per ounce by the end of 2014 >>

Another great call by Peter Schiff. >>

Yup, along with some of his other predictions as of late...

As I post ... Gold......$1182 ... Silver..$15.89 .... Platinum..$1203 ... Paladium...$807.......Rhodium $1135.
Good chance that Gold will surpass Platinum again.
Oil....below $70

ricko · November 28, 2014 1:47AM

The current oil situation (i.e. U.S. vs OPEC) has yet to play out - and could go either way. This could impact PM prices as well...no prediction (I have a really poor record)... just thinking about it all... Cheers, RickO

jmski52 · November 28, 2014 2:10AM

Paying off mortgage debt and stacking cash here.

If I didn't already have metals, I'd be stacking a bit more now.

As soon as the mortgage is gone, I'll be doing just that.

I can say I remember buying and holding and subsequently selling Krugs in the late 1970s to early and mid 1980s.
When prices were going up a lot of people started to buy and jumped on the ride.
Once the music stopped and prices continued to fall and then languish for years many many ultimately sold out and left the market for good.
After the hayride the PMmarket languished for decades. Very few cared about or were interested in returning to gold or silver.

Yep, I did much the same. I had some good advice at the time and sold my gold around $625, kicking myself as it went to $750. I sold some silver too, but kept most of it as it went over the cliff and landed at $35. After that, there was plenty of time to cash in, which I did.

That was then. You might say that things are not different now. Let's examine that a bit.

The early 1980's were definitely recessionary. We had about a 15% layoff and the survivors had to pick up extra work at no extra pay. It sucked. The job market didn't improve for about 6 or 8 years, and even then the chances for upward mobility weren't great. But here's the kicker - the economy eventually improved. I can tell you that I had only a nominal interest in precious metals again until 1986. My level of interest pretty much paralleled the economy, disposable income and such.

It's always hard to see when you're in the thick of it. Easier in retrospect.

We've been through a nice recovery since then (remember "the Peace Dividend"), a tech boom & bust, and then what I'd have to call a "war economy" ever since. I see us slowing down out of necessity, less capricious spending on a personal level but more capricious spending on a governmental level. Lots of cronyism. More socialism. Life goes on.

What it looks like to me is that discretionary personal spending is on the decline, and my take on the flat metals market in the mid 1980's was partially due to less discretionary personal spending.

What's different? Well, I still point to the money hog that is the US government spending beyond our means. However strong you think that US credit is, I can't believe that it will continue ad infinitum. Maybe it's strong enough not to disintegrate in the near term. Don't ask me - there's no way to know down here in the trenches. You might know a bit more what's going to happen in the credit markets if you work at Goldman Sachs, but even they won't know when the breaking point is touched. It happens too fast, re: 2008.

Since leverage is even more atrocious than it was in 2008, I still think that a day is coming when we're all in for a very rough ride. I just can't tell you when. In the meantime, this "idiot" is willing to avoid the stock market and to keep his grubby little hands on metals and cash. If there's too much cash for comfort, I'll rescue those dollars and buy more metals at lower prices. No biggie.

Silver gold and Platinum 2014 prices?

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