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2012 metals prediction thread
edmundfitzgerald
Posts: 4,306 ✭✭
My prediction for the end of 2012
After gold touching a low of $1250 or $1450, it will rebound next December to a high of $1675.
After silver touching a low of $21 or $19, it will rebound to a high of $28.
My prediction for 2013 will most likely be in the $2500-$45 range, but that could change.
After gold touching a low of $1250 or $1450, it will rebound next December to a high of $1675.
After silver touching a low of $21 or $19, it will rebound to a high of $28.
My prediction for 2013 will most likely be in the $2500-$45 range, but that could change.
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HEAVILY MANIPULATED BY THE CME! Therefore giving you and me little chance to play on a level playing field.
(Kitco News) - The economic slowdown expected in China and a potential recession in Europe is expected to pinch commodities demand at least early in 2012. Just how much it will dent demand is up for debate. Some market watchers have lowered their price forecasts for the year across the board, and others said it might be better to be on the sidelines for the first half of 2012. Yet others said 2012 could be a year that rewards investors who are choosy in their commodity selections
No QE3 = trading range of $1200-$1500
In God We Trust.... all others pay in Gold and Silver!
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Silver will similarly hit $75 and retreat into the $40s.
Oh, you were asking about metals... a price well above 2011's close - mostly for the reasons I just mentioned.
Silver will be at $27.50
Platinum will be at $1,910
I knew it would happen.
Gold...$1,775
Silver $36.44
Run up not until late 2013.
Silver: $25
Gold: $1400
Loves me some shiny!
“Often wrong, but never in doubt.”
I don't subscribe to Ricko's intuition...
I do. It's also a reminder to be careful what we wish for.
<< <i>My prediction is that all metals, especially Silver, will continue to be...
HEAVILY MANIPULATED BY THE CME! Therefore giving you and me little chance to play on a level playing field. >>
That is the only sure thing for 2012. JPM and others will continue to manipulate the silver price. The manipulation will continue for a little while longer beyond 2012 IMO.
Gold $1300
Silver $20
I'll use these as the target for next year.
It's an election year and who knows what fear-mongering will be pushed out as the election grows closer. If Europe has any gold left, they may sell it. The Goldline lawsuit will keep their demand down and their marketing low. Nobody wants to catch a falling knife - which is what we are seeing now. I think buying now is a good idea, though, especially silver. Just don't think about selling for five years.
Well I didn't prognosticate too well last year.
Gold $1172.13
Silver $18.13
I think commodities will sink while the economy of the world idles and Western Central Banks will dump some gold to make long term problems look better for a day or two.
I think China will move with other Asian countries to trade without use of the U.S. Dollar. Their initial successes will rapidly erode faith in the U.S. Dollar. If the dollar sinks too much, my dollar denominated prices will have to move upwards.
Despite all of this the U.S. economy will slide sideways not getting too slow or too fast. Housing will begin to creep up as apartments are built and construction on multifamily housing helps.
The smoke and mirrors of the Congress' attempts to create balanced Federal budgets will be an embarrassing circus during an election year.
I will start to pray the elected leaders learn to compromise.
Gold $1900
Silver $45
100% Positive BST transactions
Silver 21.45
Dow 13,200
Silver will run up toward $50, fail again, and end the year at around $28
Liberty: Parent of Science & Industry
Gold at $1375
Silver at $23.75
Slow but steady downward slide. Fundamentals will still be there but the psychology will not.
I predict gold will peak at $3,000,000 in a currency collapse as the last of the wealth is stripped from the economy.
There will be an astonishingly high gold to silver ratio.
Trust will probably not be restored so look for a series of currency collapses like a banana republic.
Gold = $1950
Silver = $35.75
... but who really knows.
More importantly, over the 10 year time frame, I continue to like both.
Gold $2,000.
Silver $ 55.00
by the end of 2012
LM-ANA3242-CSNS308-MSNS226-ICTA
And I think the lows we saw in December will remain as the lows.
Volatility is going to be even higher than 2011 which will make trending even that much harder.
roadrunner
silver: $47.50
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
So, what does one do? I look at the historical (histerical) charts.
We are still a bit high, on a 'very unusually high activity year or so'.
(Expect to stay "unpredictable" moreso than predictable and stable. I can only "hope" it stays stablized and creeps up slowly. I don't know! Those that bought early in the climb are safer then those in recent times. You did well. Nice luck. Newbies are risking investment. Be careful.)
Possibility of lower is real - caution in your planning.
(Extreme dropping seems to have been stalled. -Known flat time for metals. Some still want more buy dips. No one knows.)
Inverse to dollar theory.
(Economy semi ok, irratic, dept high, likely to go higher. However at sometime it may get fixed and pms drop. Other factors affecting dollar strenght pop-up. Betting against the dollar. WTF)
Silver decouple potential
(Unknown. Still has its own pattern differences, but mostly follows the general PM trend. Could make some money on in-outs if savy. Otherwise switch some bulk at highs, to gold on dips. Bulk is an issue.)
Market Manipulation (highly likely)
(Generally not a good for the pawns. Don't be a pawn. But we are pawns. Don't be a pawn-get comcast.)
Relative Expertise
(If you made out well on something, you're an expert on that one thing. For all else, we are estimating variables.)
What I've learned after 4 months/$30k
-Don't wear tight pants, and keep your seatbelt on. The ride is not over. If you have it, shut your mouth.
<< <i>Wow...almost all of our crystal balls, including mine, need to be tossed into the garbage can. Are there any die heart bulls still predicting $75 silver or $3,000 gold? >>
my year end prediction still stands....for now.
Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat
Gold...$1,775
Silver $36.44
I knew it would happen.
And since a good portion of the funding came from the big Dow upswing early in the year, it is a double bonus.
Would be a nice end of my freshmen year into PMs. I can only hope I stay this fortunate in future years.
(At least it will soften the blow of the gain check I have to write to "my government", whom I wish to thank so much for dbl-tax stealing from me and squandering it.)
I knew it would happen.
<< <i>I'll go with
Gold $2,000.
Silver $ 55.00
by the end of 2012 >>
1 more day after today
Reposted on the 2013 Prediction thread.
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