silver/gold price predications

derryb

Projected affect of rising gold price on silver price

cohodk

I think they once said the DOW was going to 36,000 also.

derryb

<< <i>I think they once said the DOW was going to 36,000 also. >>



And it will with the upcoming inflation.

wpr101

Sounds like Obama saying, every economist agrees with my plan.

RedHerring

<< <i>Gold @ $2,500 using the silver:gold ratio of 66:1 puts silver at $38 >>




These are the only figures in the article that seem plausible.

roadrunner

$2500 and $38 may appear to be the only plausible numbers on that list but I predict that gold and silver prices will easily eclipse those levels by 2015. They are just numbers, not brick walls. In fact the levels they do eventually end up at will seem totally implausible to over 99% of the US population....and probably 90% of the people who read the PM Forum.

roadrunner

RedHerring

<< <i> I predict that gold and silver prices will easily eclipse those levels by 2015. >>



Easily could............

I was thinking near term, like the next 2-3 years.

Should have put that in.

roadrunner

I think those levels will be eclipsed in the next 2-3 yrs but feel safer "predicting" it at 5 yrs out.

roadrunner

renman95

$8k by the end of 2012! My thread on this prediction was nearly two years ago. It examined the possibilty of an upcoming paradigm shift. Remember in the mid-1970's when gold was in the double digits? Who could have predicted in 1975 that by the end of the decade we would see $850 gold....$42 to $850!? That paradigm shift came from renewed American gold ownership and the US dollar decoupling from gold a few years earlier. So why not have another outlandish prediction? We have outlandish debt nationwide and worldwide. We have radical politicians around the world spending the money of grandchildren. Do I think that gold could reach $8k in two years? Most likely not. By the end of the decade? Maybe. The CBO says we will be "Greece" by 2020. At some point our ever growing $13T debt will matter. Maybe over the next two SDR rebalancings circa 2015, its US dollar exposure will be minimized to a point to allow the dollar to greatly inflate in terms of gold.

R95

jmski52

Comrades, if Renski is correct on $8,000 by the end of 2012, what would be the best investment moves to make during the next 2 1/2 years?

Would taxes eat up your gains? Would the gains be real? Would such a paradigm shift result in other investment classes becoming more adviseable?

Would there be an inflection point at which you would be smarter to make a transition from pms to "something else"?

I only ask because I do not know.

johnny9434

i quit quessing. it is what it is at the end of the day ( like it or not )

Bear

" It is what is is at the end of the day".

A few will guess right, usually the big boy financial manipulators.

Most of the J6P will not guess at all, choosing to accept what comes.

A few of the J6P will show startling perceptive insight and will guess right.


As for me, I have absolutely no idea what the future will hold. The reason for this
view, it that the governments of the world will do all within their power to change
the rules of the financial game ,so that they can remain in power. The general outcome
will be to deprive the common folk of their assets, their dreams and their hopes.The rich
and powerful will do well as they generally do.The American Dream is vanishing in the wave
of the world economy.Thus a long downward slide until we reach equilibrium with India, China
and S.Korea.

cohodk

<< <i>Comrades, if Renski is correct on $8,000 by the end of 2012, what would be the best investment moves to make during the next 2 1/2 years?

Would taxes eat up your gains? Would the gains be real? Would such a paradigm shift result in other investment classes becoming more adviseable?

Would there be an inflection point at which you would be smarter to make a transition from pms to "something else"?

I only ask because I do not know. >>



Without going into specifics, if gold were to go to 8000 then you would want to leverage gold.

Of course you will have to pay taxes and that will reduce the number of dollars--if thats what you are converting to. But not selling and having the price collapse--which it would--results in the same outcome.

All gains are real. The magnitute would be in question.

There is always an inflection point. The sun always shines somewhere.

I dont know either.

jmski52

if gold were to go to 8000 then you would want to leverage gold.

But of course! What was I thinking?

If you're going to play at all, leveraged gold would indeed be the best place for "play money" as you poke around for the top prior to the blowoff. Thanks, Comrade.

P.S. - but after the blowoff (and taxes), what asset then? Government bonds, denominated in "New Dollars"?