Gold/Silver price outlook

[1970 silver art]

The 2014 intra-low for silver ended up being $14.09. Needless to say, it has been a down year for the DOG with it deep in the red. Will it get better for 2015? Answer (my opinion): No.

My take on silver in 2015:

I think that the 1st quarter of 2015 could see a rally from $16 to as high as $20 during the 1st QTR 2015 before silver resumes its down trend to another "lower low" in 2015 before a small recovery at the end of 2015. I see silver ultimately breaking $14.09 on the downside. My gut feeling says a "lower low" in the $11.50-$12.50 range sometime in the Summer months (between late June to late August). I think that silver could finish 2015 somewhere between $13.50 and $14.75 on December 31, 2015.

As always, this is just my gut feeling talking to me and I do not have any charts, fundamentals or anything else of worth to back up my gut feeling. DYODD.

[madfranks]

I believe you, I'm waiting until late next summer when I can get in between 11.5 and 12.5!

[1970 silver art]

I believe you, I'm waiting until late next summer when I can get in between 11.5 and 12.5!

I will have to see if I end up being accurate on this. You never know.

[Neuro]

The 2014 intra-low for silver ended up being $14.09. Needless to say, it has been a down year for the DOG with it deep in the red. Will it get better for 2015? Answer (my opinion): No.

My take on silver in 2015:

I think that the 1st quarter of 2015 could see a rally from $16 to as high as $20 during the 1st QTR 2015 before silver resumes its down trend to another "lower low" in 2015 before a small recovery at the end of 2015. I see silver ultimately breaking $14.09 on the downside. My gut feeling says a "lower low" in the $11.50-$12.50 range sometime in the Summer months (between late June to late August). I think that silver could finish 2015 somewhere between $13.50 and $14.75 on December 31, 2015.

As always, this is just my gut feeling talking to me and I do not have any charts, fundamentals or anything else of worth to back up my gut feeling. DYODD.

Folks listen to this guy. He has had gut feelings with amazing accuracy, the last 5 years... But DYODD!

[Shami-Amourae]

Honestly these PM prices are getting me sick. I'm so far underwater from buying into PMs. I'd have done far better just keeping my money in the bank with cash.

[Neuro]

Honestly these PM prices are getting me sick. I'm so far underwater from buying into PMs. I'd have done far better just keeping my money in the bank with cash.

If you'ld kept the money in the bank, would you have bought PM's with them today? Or would you keep them in the bank?

[Shami-Amourae]

If you'ld kept the money in the bank, would you have bought PM's with them today? Or would you keep them in the bank?

Hindsight is 20/20.

I'd buy more Bitcoin and some Gold/Silver. I think Bitcoin will have a large rise in the next year or so. Everything is moving to the virtual and tech. The physical world is becoming less and less real as we get closer to the singularity and merging with machines.

Most of the financial advice I've gotten on this forum has hurt me, so I'm weary of it. I was the largest proponent of Bitcoin and if I had ignored everyone here when I did that I'd be a multimillionaire now. I'm better off trusting the things I truly understand.

Gold/Silver may be dead but I don't know. The fact they seem hopeless also generally would mean its a great buy right here.

[Neuro]

Hindsight is 20/20.

I'd buy more Bitcoin and some Gold/Silver. I think Bitcoin will have a large rise in the next year or so. Everything is moving to the virtual and tech. The physical world is becoming less and less real as we get closer to the singularity and merging with machines.

Most of the financial advice I've gotten on this forum has hurt me, so I'm weary of it. I was the largest proponent of Bitcoin and if I had ignored everyone here when I did that I'd be a multimillionaire now. I'm better off trusting the things I truly understand.

Gold/Silver may be dead but I don't know. The fact they seem hopeless also generally would mean its a great buy right here.

Investing to optimize fiat returns is a bitch! The good thing though is you still have as much gold and silver as you did when you valued it higher in fiat terms...

[1970 silver art]

Folks listen to this guy. He has had gut feelings with amazing accuracy, the last 5 years... But DYODD!

I also want to mention that my take on silver in 2015 in post # 614 of this thread is part of my "big picture" gut feeling of silver going down to $8.00 on or before March 2017. I still think that this will happen.

EDIT: I have been wrong before in that my timing has been off but not the direction.

[Neuro]

I also want to mention that my take on silver in 2015 in post # 614 of this thread is part of my "big picture" gut feeling of silver going down to $8.00 on or before March 2017. I still think that this will happen.

Fuck! OUCH! Will it hit $50 on this side of 2020?