$2100 & $54 - Price Predictions for October 2011

[gunDriller]

I'm noticing that when gold rises 2%, silver rises 4% - or more.

So I was thinking about where the market is going. Of course the way it was going last week, it seemed like it was going to hit $40 before the end of the year.

Anyway, I was thinking gold would rise another 50% by the end of 2011 - from $1400 to $2100. And that silver would rise twice as much, percentage-wise - 100%. Taking it from $27 to $54.

But - then I realize the Obama-care tax law will be kicking in in 2012, unless it is stopped. I think that will cause some people to sell - if they are going to sell - the end of 2011, to avoid the tax law.

So I picked October 2011 to try to come up with a clean price prediction before any repercussions from new tax laws kick in.


Anyway, I'm just curious what other people's price predictions are for a year out.

[Book]

So I was thinking about where the market is going.



http://ilaugh.com/blog/images/Wonder_Bread.jpg

$50 per loaf. Don't get too happy with the price of shiny metal also going up.

:oo-->

http://www.csmonitor.com/Business/2010/0805/Wheat-prices-soar-How-will-that-affect-the-grocery-bill

[Trinity]

I will be happy with and expect 1,500 dollar Gold and 35 dollar Silver this time next year.

[palani]

I will predict (and am fairly certain that I will not be found to be wrong) 1 troy oz of gold one year from now will still weigh 1 troy oz and that 1 troy oz of silver one year from now will still weight 1 troy oz.

Now that said if the acceleration of gravity deviates significantly from 9.8 meter per second squared all bets are off as the above specs are not stipulated to be either of mass or of weight.(What does 1 troy oz of gold weigh in zero gravity?)

[horseshoe3]

So I was thinking about where the market is going.



http://ilaugh.com/blog/images/Wonder_Bread.jpg

$50 per loaf. Don't get too happy with the price of shiny metal also going up.

:oo-->

http://www.csmonitor.com/Business/2010/0805/Wheat-prices-soar-How-will-that-affect-the-grocery-bill


Before we get too carried away, lets remember that wheat is roughly half the price it was 3 years ago.

[Trinity]

Well now we know with absolute certainty that the Rock bottom re-enforced concrete sitting on bedrock floor for Silver is 25 dollars an ounce. We can buy with impunity at this time.

[Trinity]

Well now we know with absolute certainty that the Rock bottom re-enforced concrete sitting on bedrock floor for Silver is 25 dollars an ounce. We can buy with impunity at this time.

Man I nailed it back then!