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Ok.....what's your prediction for a bottom on PM's? No fancy talk just numbers!!!

ManorcourtmanManorcourtman Posts: 8,010 ✭✭✭✭✭
in Precious Metals
What is your prediction for the bottom of PM's? Please, no links, long drawn out opinions or other drivel....I'll start:

Gold: $650
Silver: $7.75
Platinum: $1100
image

Comments

  • storm888storm888 Posts: 11,701 ✭✭✭


    Gold: <$650
    Silver: <$7.75
    Platinum: <$1100
    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • WalmannWalmann Posts: 2,806 ✭
    Gold: $700.00
    Silver:$10.50
    Platinum:$1100.00
    Black Angus Ribeye: $9.50
  • 19Lyds19Lyds Posts: 26,490 ✭✭✭✭


    << <i>What is your prediction for the bottom of PM's? Please, no links, long drawn out opinions or other drivel....I'll start:

    Gold: $650
    Silver: $7.75
    Platinum: $1100
    image >>



    I find no argument with your predictions!
    I decided to change calling the bathroom the John and renamed it the Jim. I feel so much better saying I went to the Jim this morning.



    The name is LEE!
  • CoinlearnerCoinlearner Posts: 2,480 ✭✭✭✭
    image What is the "give-away" for the winnerimage....Gold 720.....Silver 11.30.....Plat. 1250...Palladium 225
  • BearBear Posts: 18,953 ✭✭✭
    Gold......$740

    Silver....$ 8.70
    There once was a place called
    Camelotimage
  • COINB0YCOINB0Y Posts: 4,505
    This was written in July! Look at the Chart on the bottom pf Page 3 and read Page 4 !

    I've seen this pattern 3 times in the last 6 trading days. This is exactly what's happening!

    As soon as the Market closes EST, just wait 5 hours and it starts.
  • fastrudyfastrudy Posts: 2,096 ✭
    Black Angus Ribeye: $9.50

    PM means Precious Metals. We need a Prime Meat Forum for your prediction
    Successful transactions with: DCarr, Meltdown, Notwilight, Loki, MMR, Musky1011, cohodk, claychaser, cheezhed, guitarwes, Hayden, USMoneyLover

    Proud recipient of two "You Suck" awards
  • seatedcoinsseatedcoins Posts: 1,096 ✭
    What time period are we talking about next 3 mos 6 months or year?
    Trustworthy BST sellers: cucamongacoin
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    $752 gold and we're essentially there now.

    silver has hit bottom already. I have a hard time seeing a 70-80 gold to silver ratio as most are suggesting.


    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • ProofCollectionProofCollection Posts: 6,050 ✭✭✭✭✭
    $675 gold
    $10.50 silver
  • DustyCoinboxDustyCoinbox Posts: 206
    Gold: $600
    Silver: $8
    Platinum: $1000
    Successful BST purchases from: WaterSport, commoncents123, Hyperion, mozeppa, Mar327, coinlieutenant, Placid, MFH, fishteeth, FilthyBroke, SilverEagles92, illini420, barberman55, pcgs69 (2x) & 123cents

    History of the US Constitution Coin Set
  • OPAOPA Posts: 17,118 ✭✭✭✭✭
    My predictions are not quite as dire as most of yours.

    Gold ..... $765.85
    Silver.... $ 12.24
    Plat ..... $1,295.00
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • morgansforevermorgansforever Posts: 8,456 ✭✭✭✭✭
    My prediction based on nothing.

    $725 gold.
    $10.25 silver.

    The question is really, where will it climb from here?

    Why is there a shortage of 08 businees strike ASEs? My B&M can't locate them in any quantity, neither can his guy. image

    Mint suspends 1 oz. AGEs, and the 08 proof silver Eagle is now unavailable. image

    I wan't their cystal ball. What are they seeing?

    Scott
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
  • fcfc Posts: 12,793 ✭✭✭
    gold - 700
    silver - 9

    but i do not see it happening for a year.
  • FishyOneFishyOne Posts: 376

    Gold - $725

    Silver - $11.75
  • RedTigerRedTiger Posts: 5,608 ✭
    $72.5 on GLD which likely translates into $735 spot. Depending on how it looks, that it where I might take a shot on the long side for trading.

    SLV is too fast for my taste--no opinion.


    Investment blog: gold, stocks and more
  • storm888storm888 Posts: 11,701 ✭✭✭
    "$72.5 on GLD which likely translates into $735 spot. Depending on how it looks, that is where I might take a shot on the long side for trading."

    ///////////////////////////////////////

    I don't hate that trade, but I'd do it a little at a time; in case I needed to average down.
    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • DeepCoinDeepCoin Posts: 2,781 ✭✭✭
    Gold 550
    Silver 8.50
    Platinum 1000
    Retired United States Mint guy, now working on an Everyman Type Set.
  • puritan9puritan9 Posts: 1,028
    I am holding the platinum that I have.
  • derrybderryb Posts: 36,774 ✭✭✭✭✭
    You've just seen the bottom, at least for the next two years.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • NumbersUsacomNumbersUsacom Posts: 1,457 ✭
    I don't have a number on gld/slv but the bottom for the XAU was set last week at 135. Monday should be a good day for the longs.

    "Clark Howard" says late Sunday that the commodities bubble has burst.

    My local (non business) paper all but said, its over for commodities with a specific
    mention of Gold.

    Sachs says its down!
    NumbersUsa, FairUs, Alipac, CapsWeb, and TeamAmericaPac
  • RedTigerRedTiger Posts: 5,608 ✭


    << <i>Saturday August 16, 2008

    $72.5 on GLD which likely translates into $735 spot. Depending on how it looks, that it where I might take a shot on the long side for trading.

    SLV is too fast for my taste--no opinion. >>



    Perhaps some will say lucky guess...

    The tick low on GLD was 72.51!

    I did play this, but only in a very small way. At least it will be enough to buy a box of jelly donuts image
    Investment blog: gold, stocks and more
  • OPAOPA Posts: 17,118 ✭✭✭✭✭
    It appears that the Gold predictions were in most part fairly accurate. The Plat......way off.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
  • mhammermanmhammerman Posts: 3,769 ✭✭✭
    gold 735
    silver 8.20
    Plat...no idea where the bottom is, there's plenty of room it seems.
  • fcfc Posts: 12,793 ✭✭✭


    << <i>gold - 700
    silver - 9

    but i do not see it happening for a year. >>




    my timeline was about the only thing off ;-) pretty close guesses so
    far.

    image
    image
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Walman and fc both called $700 which is pretty close to the low we just saw. Note also that the "low" lasted all of minutes such that we were back to $735-$750 before you could say "spit." We could still see a lower low but we're also going to start seeing higher interim highs as well. Volatility still rules and the name of the game is for the PTB/PPT to shake you out at the exact wrong time.

    Calling a low is great, but if you didn't buy in at your low, what's the purpose?

    I took a new generic slabbed gold position last week in the $730's due to gold's constant urge to run up past $750 and for someone to squash it every morning between 9-11 am. That didn't happen today though.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • fcfc Posts: 12,793 ✭✭✭


    << <i>
    Calling a low is great, but if you didn't buy in at your low, what's the purpose?
    >>



    when silver hit that 8.50-8.60 mark... for a few "minutes"...
    i bought as many silver maples as i could afford and i am selling them
    on ebay as we speak. combined with the live.com discount thingy
    i can still make 25% net profits. Without it I can only make 15-18%
    percent. I am also ready to become a power seller and get a 15%
    discount on ebay fees as well as only 2.2-2.5% fees from paypal. If
    I hurry this powerseller thing up i can get double the discount until
    the end of Dec.

    I wanted to buy more a few days ago and had my finger on the trigger.. but i decided not to. I really do not want more silver unless
    i can get a brand new round for under 12. The teletrade
    price was 12.85 if i remember right. I will be patient and wait. I have
    enough rolls to sell right now.
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