GOLD Price Poll: What Group do you belong to?

DoubleEagle59

I thought it would be fun to put our reputation on the line and predict the price of Gold (per ounce, in USD $) for the end of the year of 2010 (December 31, 2010).

I've divided the groups into five Categories.

All that is needed for your vote is either the price range you think it will be, or the name of the Group.

Group 1. "Super Gold Bug" Gold will be higher than $2500

Group 2. "Gold Bug" Gold will be anywhere between $1500 and $2500

Group 3. "Can't Really Decide" Gold will be between $1000 to $1500

Group 4. "Anti-Gold Bug" Gold will be between $500 to $1000

Group 5 "I believe in FIAT" Gold will be below $500


It may surprise many of you that I'm not putting myself in Group 1, rather I'm in Group 2 "Gold-Bug".

pragmaticgoat

2

agentjim007

group 6. I don't have cash to buy gold so it doesn't matter.

Overdate

Cramer's "going for the gold" today.

Edited to add: Group 1.

PerryHall

2.

DoubleEagle59

<< <i>Cramer's "going for the gold" today.

Edited to add: Group 1. >>



Now I'm really worried that Gold will drop in price. Cramer just recommended buying it!

He's always on the wrong side of the trade.

cartermurph

2

rgCoinGuy

3

Dearth

3

Metalsman

<< <i>

<< <i>Cramer's "going for the gold" today.

Edited to add: Group 1. >>



Now I'm really worried that Gold will drop in price. Cramer just recommended buying it!

He's always on the wrong side of the trade. >>



Cramers not the only one today being a Monday Morning Quarterback.. also Gary Kultbaum on Investors Edge today sudenly turns bullish.....These guys are really good at making the call after the play Seems like these guys just fiqured out that the Money Printing was going to cost the USD some value.

asin

3

BBN

Since we're talking about 2 years from now I think group three could be considered gold bugs too. If it averages 25% per year from today the next two years that puts it at around $1400. If one believes it will gain 10% per year I still believe that person to be a gold bug. That would be just under $1100 and is still a nice return.

trozau

2

Hoodlatch

3

renman95

1!

I think our dollar will go through a massive devaluation.

The debt-saster is just beginning.

No guts leadership for the foreseeable future.

I hope I am wrong.

I hope I am wrong.

Ren

ed. 4. sp.

roadrunner

#2 by 2010.

But we will see #1 sometime in 2011-2015.


roadrunner

MORGANHUNTER2

3

fc

4

BlackBeard

Group #3, $1125. It will each higher but settle back.

Edit: Praying for some stability by then.

illini420

higher end of group 3, probably around 1350/oz by the end of 2010. That means my Mary Todd Lincoln Spouse coins at the end of 2010 should cost me around $899.95 for the Unc and $919.95 for the proof.

PTVETTER

3 for me

57loaded

Group #1 should be "i don't believe in fiat"

i'm a 2.5

like everything though it cycles, or it dies

see sig line below...hehehe

DeepCoin

I think it is interesting that in setting the groups, if you believe gold will remain at current levels you are an anti-gold believer. What many are overlooking is that Europe is facing the same issues we are, they will just be delayed a bit. I am for number 5.

500Bay

I hope for the sake of the US and world economy it is #5

Smittys

3

DoubleEagle59

old thread, but still time to cast your vote.

tggr

2

gsa1fan

2~3ish

SportsModerator

A strong 1

History is on the 1's side.

PerryHall

<< <i>A strong 1

History is on the 1's side. >>



Ditto.

secondrepublic

I dunno.... probably 3?

cladking

I believe very much in fiat, much less in Congress.

Gold is going much higher.

RedHerring

<< <i>Group 2. "Gold Bug" Gold will be anywhere between $1500 and $2500 >>



______________________________________________________________

I'm at the low end of this range for 12/21/2010. $1500-$1600.

ksammut

<< <i>#2 by 2010.

But we will see #1 sometime in 2011-2015.


roadrunner >>



I agree with rr.

MoneyCollector

I'm in group 2 until China takes care of us then who knows!?!

I think we will see a/the SHTF scenario in 2.5 to 3 years.

Until then I will continue to just slowly accumulate at any price. Doesn't do any good to sell and get more paper dollars - my stockpile is not for making profits, it is for preserving some wealth when the end of the greenback comes!

Randy

edited for typo

Bear

(3) Things are never as

good as we hope for

or as bad as we fear.

roadrunner

Man, gold was headed into the toilet in Sept 2008 when this thread was first posted. It was much harder then to push the "I believe" trigger on $1000/$1500 gold at that time. It just got a whole lot easier that's for sure. There were many here back then who felt gold was done for good in March 2009 as some sort of one time mania just like January 1980.

It's not gold that is doing anything funny or strange. It's the world around it and the currencies we use. Don't blame gold for being the messenger of bad tidings. If it goes to $1500 next it's only because poor choices by our leaders in monetary and economic policy lead it there.

roadrunner

cladking

The central banks and world governments will do everything
in their power to hold back the advance of gold short of actually
reigning in spending. Eventually they probably will get the up-
per hand but much of the debt will have disappeared to inflation
by then.

With the highly unsettled conditions it's probably still not wise
to take on debt since there is risk here as well. More than ever
you need to adjust to changing conditions.

And never bet on catastrophy unless you're sure you can survive
it.

Bear

When the world wide view is that it is better to be holding gold, no amount

of manipulation by central banks, will slow the avalanche in PM values to come.

cladking

<< <i>When the world wide view is that it is better to be holding gold, no amount

of manipulation by central banks, will slow the avalanche in PM values to come. >>




I don't entirely disagree but they have more power at their command than
just the jawboning they've been doing recently. Just the threat of gold sales
is a powerful depressant for the market and a few actual sales will reinforce
this effect. Control of interest rates, money supplies, and regulations also
can have strong effects if played well.

Of course no amount of anything will stop the inexorible rise in gold if more
money continually is spent than is raised. They've played the game with gold
for 40 years and now the piper looks to be paid.

wayneme

group 1
Cramer's a fool but he has good press and he does have a direction never right just close
i was in ancore for years he always pushed brcd two different fields
but they both did well
what a fool !!!
but that's where we need to go j6p to move this over the top

OnlyGoldIsMoney

<< <i>group 1
Cramer's a fool but he has good press and he does have a direction never right just close
i was in ancore for years he always pushed brcd two different fields
but they both did well
what a fool !!!
but that's where we need to go j6p to move this over the top >>




Group 2. We have two televisions but I can go weeks without watching anything. I don't know who Cramer is and I don't much care.

derryb

3