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Rising Gold Price

EarendilEarendil Posts: 243 ✭✭
in U.S. Coin Forum
Gold is at $830.10... how much higher will it go?

Comments

  • ABSilvercoinsABSilvercoins Posts: 309

    $1500 seems about right.
    //ab

  • ozzyfan269ozzyfan269 Posts: 1,002
    Nobody knows. Place your bets!
  • EarendilEarendil Posts: 243 ✭✭
    Now how the heck did the replies end up above the original post?
  • CaptHenwayCaptHenway Posts: 32,632 ✭✭✭✭✭


    << <i>Now how the heck did the replies end up above the original post? >>



    A very common (at least here) rift in the space-time continuum.
    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    $2167.74

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • options26options26 Posts: 1,431
    I assume that the time for the post is generated from the individuals computers. If theirs is earlier than yours they get bumped up.
    Life member of the SSDC
  • DeadhorseDeadhorse Posts: 3,720 ✭
    I can see gold above $900 in early December and then a pullback, profit taking, etc. Still I doubt it will drop below $850.

    Silver at $17 has been the number I was looking at all year for December, I may have been a bit conservative. Even $18-$20 wouldn't surprise me in early December now. Still, there will be profit taking as well and the usual drop before the holidays.

    OTOH, the shorts could have to continue buying to cover and the usual patterns may not hold true.

    This wild ride may continue unabated for a while. This time the Bull sure seems to have strong momentum.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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