Gold Price Prediction...12/31/2009?

RichR

What does your crystal ball say? One year from today...on 12/31/2009...gold will be closest to:

A. $800/ounce
B. $1,000/ounce
C. $1,200/ounce
D. $1,500+/ounce
E. It doesn't matter because the supervolcano under Yellowstone Park is going to blow long before then!
F. It doesn't matter because the Mint still hasn't released final mintages for 2008 gold & plat coins (and everyone on this board has killed each other off...we'll call this one "The Planet of the Apes" scenario)!

CoinJunkie

A. I see a non-inflationary economic scenario over the next 12 months.

19Lyds

B. Possibly if the recession doesn't get addressed.

However, if the price of gold (as a commodity) mirror's current stock trends of buy/sell by the profiteers, it'll end up lower than $800.

jessewvu

G. It doesn't matter because you are in the wrong forum, try the PM forum!

drwstr123

Just print a couple trillion dollars of fiat currency, then you tell me.

Wingsrule

$1,163

OPA

<< <i>G. It doesn't matter because you are in the wrong forum, try the PM forum! >>

MORGANHUNTER2

what it will close out today

891.53 give or take a buck.

joebb21

chances are Id go with E. Us forum members killing each other out just makes to much sence-however I dont think the killing is going to start unltil gold hits $1500 and the yellowstone park starts a world self destruction- so I guess Im d e and f?

rbf

C. $1,200/ounce -- seems reasonable. I think gold will go below $800 in the first part of 2009 as we're still in a deflationary environment, but by later in the year I think inflation will finally start kicking in, which will send the price of gold much higher.