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

ManorcourtmanManorcourtman Posts: 8,046 ✭✭✭✭✭
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: 26,491 ✭✭✭✭


    << <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: 2,489 ✭✭✭✭
    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: 6,246 ✭✭✭✭✭
    $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: 17,124 ✭✭✭✭✭
    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: 8,461 ✭✭✭✭✭
    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: 36,940 ✭✭✭✭✭
    You've just seen the bottom, at least for the next two years.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • 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: 17,124 ✭✭✭✭✭
    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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