Poll: Where will GOLD be around Christmas time 2011?

Goldbully · August 7, 2011 8:10AM

Inquiring minds want to know.

PerryHall · August 7, 2011 9:11AM

Over $2000---I'm a pessimist.

Goldbully · August 7, 2011 12:07PM

<< Over $2000---I'm a pessimist.

>>

As of 11:00pm EST.....there are 2 more pessimists in the crowd!!!

derryb · August 7, 2011 12:20PM

In my safe.

RedHerring · August 7, 2011 12:32PM

Wish I hadn't sold 20ozs at $1300.

My guess is right around $1800 for the 2011 holidays.

Goldbully · August 10, 2011 11:45PM

Bumperoo!!!!

Goldbully · August 13, 2011 10:53AM

I'm amazed that almost 30% of poll voters have chosen "over $2000"

Is this a good thing????
I've always thought that gold was under-priced over the past few decades.
However, it's hard to see gold over $2000 in such a short term period!!

RedHerring · August 13, 2011 12:15PM

<< I'm amazed that almost 30% of poll voters have chosen "over $2000" >>

On the flip side, 27% voted "under $1700".

My vote was $1700-$1799 and that was before last week's run up.

Goldbully · August 18, 2011 11:01PM

For all you that missed this poll....vote on.
That $2k is looking pretty good!!!!!

storm888 · August 19, 2011 12:03AM

In 1980, some folks "believed" the money was no good.

In 2011, MANY folks "KNOW" the money is no good.

$2K+ by XMAS.

pf70collector · August 19, 2011 12:25AM

Euro Bonds, QE3, Physical Gold being recalled from Banks from Sovereign Nations(Chavez, etc.)=$2500/ounce. The final decoupling of paper and physical. Add to the fact that my supervisor at work now wants to buy gold and asked me how to go about it. The common man is probably more aware of what is going on now and will begin to try to protect his wealth in some kind of physical-whether it be PMs, RE-anything that is not paper including stocks. You have to ask yourself to have faith and trust in the banksters and the wall streeters or even Congress for that matter? If yes, than by all means sell all you physical and put your wealth in cash and paper.

jmski52 · August 19, 2011 12:42AM

It's difficult to even put forward a meaningful guess anymore. It could go to $2,500 and come back down to $1,600 all before Christmas. Given the political and economic environment, I'd say $2,150 at Christmas.

gsa1fan · August 19, 2011 12:46AM

$1,500

Goldbully · August 21, 2011 10:31AM

mrearlygold · August 21, 2011 12:41PM

I agree 100%

Goldbully · September 1, 2011 10:48AM

<< I agree 100%

>>

Me too!!!

slinc · September 1, 2011 12:05PM

Lets hope in my stocking

ksammut · September 1, 2011 8:13PM

Gold's peak in 1980 (adjusted for inflation) would be approximately $2250 in today's dollars. The average price of gold in 1980 is close to gold's current price. I think we would all agree that our economic issues are much worse than in 1980. Gold still has a long way to run.

ricko · September 1, 2011 11:24PM

Since there will be no (foreseeable) change in the economic situation in the near future, one must conclude that gold will continue to rise. $2000/oz+ is not out of the question by 2012. Cheers, RickO

NumbersUsacom · September 2, 2011 4:18PM

I believe we are all (most) a little biased to the upside potential of Precious metals on this board.

I'm not sure using the results will benefit the true contrarian. Off the Board their are plenty of nasayers to be found.

Run RUN RUUUUNNNNN .... the BUBBLE's gonna burst !!!! Tulip mania..... South Sea.... Run

Gold (stocks) has had its run. Its doubled the previous all time high of $850.00 (1,000). It surely can't make it to$2,550.00 (3,000).

PerryHall · September 2, 2011 9:20PM

<< I believe we are all (most) a little biased to the upside potential of Precious metals on this board.

I'm not sure using the results will benefit the true contrarian. Off the Board their are plenty of nasayers to be found.

Run RUN RUUUUNNNNN .... the BUBBLE's gonna burst !!!! Tulip mania..... South Sea.... Run

Gold (stocks) has had its run. Its doubled the previous all time high of $850.00 (1,000). It surely can't make it to$2,550.00 (3,000). >>

The all time high in 1980 was $2400 in inflation adjusted 2011 dollars.

roadrunner · September 3, 2011 12:12AM

<< I believe we are all (most) a little biased to the upside potential of Precious metals on this board.

I'm not sure using the results will benefit the true contrarian. Off the Board their are plenty of nasayers to be found.

Run RUN RUUUUNNNNN .... the BUBBLE's gonna burst !!!! Tulip mania..... South Sea.... Run

Gold (stocks) has had its run. Its doubled the previous all time high of $850.00 (1,000). It surely can't make it to$2,550.00 (3,000). >>

There are plenty of naysayers right here on the Forum. They were quite vocal about gold never going above $400, then $500, the $600, then $875, and finally not $1,000.
Most of them "buried" gold and silver for good in Oct-November 2008 figuring the bull run was dead. But since spring 2009 we've not heard much from any of them the past 2-1/2 yrs.

$2500-$3000 gold is probably in the bag as the problems we face have barely scratched the surface. Yeah, so far we've "retired" 3.5% of the $1.14 QUAD problem in otc derivatives.
Only $1.10 QUAD to go!

roadrunner

NumbersUsacom · September 3, 2011 2:20AM

RoadRunner,

I guess I forgot about those naysayers, you know how quikly we sheeples forget.

Glad for the reminder.

ricko · September 3, 2011 5:24AM

Gold has not yet peaked.....hang on, we are going up again... Cheers, RickO

ERRORBOY · September 3, 2011 12:11PM

<< In my safe. >>

i laughed when i read this. but im saying over 2000 easy. it could be there by the end of september at this rate

Goldbully · September 25, 2011 7:24AM

Any more voters out there???

Meltdown · September 25, 2011 7:26AM

<< Any more voters out there???

>>

I'm going with $2,011 by Christmas 2011.

OPA · September 25, 2011 7:34AM

<< 

<< In my safe. >>

i laughed when i read this. but im saying over 2000 easy. it could be there by the end of september at this rate >>

Time to toss out that old crystal ball ... I sure did.

Konahead · September 25, 2011 9:20AM

it's going back up, but by christmas who the hell knows. All I know is by christmas I will have more of it.

AuAgPt · September 25, 2011 9:41AM

<< 

<< $2500-$3000 gold is probably in the bag as the problems we face have barely scratched the surface. >>

Totally agree. I think we'll have a few more debt crisis blips as well. Maybe one around x-mas and another sometime next year.

In terms of end of year PoG, I'd say around $1700-1800/oz. Jim Sinclair's most-recent read would confirm a bottom of maybe $1615 to $1665.

--app

roadrunner · September 25, 2011 10:28AM

My call for $2500-$3500 was before the end of this gold bull market, not Christmas. Many posters already put in their bets for Christmas back in January.

I'd like to see how this week ends before forecasting for Christmas. If the week closes above $1615, then the chances of an even steeper drop is mitigated.
If we close the week lower than $1615, that's a pretty bearish sign for extended continued weakness, and much lower lows.

roadrunner

Goldbully · September 25, 2011 10:41AM

<< 

<< 

<< $2500-$3000 gold is probably in the bag as the problems we face have barely scratched the surface. >>

Totally agree. I think we'll have a few more debt crisis blips as well. Maybe one around x-mas and another sometime next year.

In terms of end of year PoG, I'd say around $1700-1800/oz. Jim Sinclair's most-recent read would confirm a bottom of maybe $1615 to $1665.

--app >>

Wow, 61 posts in 9 years!!!!

***Poll: Where will GOLD be around Christmas time 2011?***

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Poll: Where will GOLD be around Christmas time 2011?