Gold and Silver Predictions for 2014

[oyarde]

Oil , $99 , Dow , 16550 , Gold , $1294 .

 

[oyarde]

Looks like , $1304 .

 

[oyarde]

Last I checked , gold about $1320 1/2 , Corn still about $5 , Nat Gas $ 4.60, Copper over $3 , Oil North of the mid $90's. I would guess it will be a hard summer for lower earners on a fixed income . Rising food and energy prices .

 

[oyarde]

Looks like the Dow is about 16150 , Nasdaq below 4 , gold still over $1300 , oil , alarmingly high , still around $104 , Nat gas still over $4.50 , copper over $3
, wholesale gas , over $3 , one year oil forecast , nearing $120, heating oil , about $3 .

 

[Brian4Liberty]

They've done a good job of keeping silver under $20 lately. "Back up the truck!" I miss those old threads.

 

[Zippyjuan]

Gold was below $1300 earlier today (as low as $1291) after opening at $1320 in New York. ($1302 currently).

 

[oyarde]

Looks like , about $1316 this morning .

 

[Zippyjuan]

Gold falling a fair amount this week- currently down to $1255. Seems to have broken out of its $1300 range it was holding for a while.

 

[oyarde]

Gold falling a fair amount this week- currently down to $1255. Seems to have broken out of its $1300 range it was holding for a while.

Oil set for $4 gas rest of summer it appears.

 

[helmuth_hubener]

I just wish more people had made actual predictions so that on December 31st, 2014, we could go back, see how utterly, cluelessly wrong they all were, and hopefully a few more of us could be convinced as to the uselessness of making predictions like this. No one knows the future. Really and truly, no one does.

 

[Zippyjuan]

I made a general but not specific prediction that it could possibly go down as far as $1000 this year. So far, the direction is in my favor. As of right now it is below $1250 ($1243 to be specific). Others laughed and said "No way- it is going even higher this year!".

Actually gold is pretty close to where it started the year- it did peak at almost $1400 in March.

 

[oyarde]

I made a general but not specific prediction that it could possibly go down as far as $1000 this year. So far, the direction is in my favor. As of right now it is below $1250 ($1243 to be specific). Others laughed and said "No way- it is going even higher this year!".

Actually gold is pretty close to where it started the year- it did peak at almost $1400 in March.

I am keeping the gold and expect to do well this yr on eggs ,potatoes , peppers , tomatoes ,corn, popcorn , venison ,etc, lol

 

[ctiger2]

Gold is wealth insurance. I certainly don't want my house to burn down either.

 

[oyarde]

Looks like gold about $1245 , Crude about $102 , corn down to about $4.59 ( down about 7 cents ) .

 

[Deborah K]

I made a general but not specific prediction that it could possibly go down as far as $1000 this year. So far, the direction is in my favor. As of right now it is below $1250 ($1243 to be specific). Others laughed and said "No way- it is going even higher this year!".

Actually gold is pretty close to where it started the year- it did peak at almost $1400 in March.

Yeah, well that's what happens when the market is manipulated.

 

[Seraphim]

Just released;

http://www.zerohedge.com/news/2014-06-03/gold-price-manipulation-was-routine-ft-reports

Yet another feather in the caps of those saying gold has been manipulated for a long time.

Yeah, well that's what happens when the market is manipulated.

 

[HOLLYWOOD]

Yeah, well that's what happens when the market is manipulated.

no shit... wish a whistleblower would drop the truth on the planet. Til then, these evil parasitic bastards will control the games and gambling, of course, "THEY" are the House.

 

[helmuth_hubener]

Yeah, well that's what happens when the market is manipulated.

The gold market is far too big to be effectively manipulated. It is a global market. The price of gold depends on the independent decisions and actions of billions of individuals. The market is bigger than any of us. It's bigger than the Fed. It's bigger than the IMF. The market -- those billions and billions of gold-buying and gold-selling individuals -- holds the trump card. The market cannot be stopped. The price of gold is what it is because of the market.

 

[Deborah K]

The gold market is far too big to be effectively manipulated. It is a global market. The price of gold depends on the independent decisions and actions of billions of individuals. The market is bigger than any of us. It's bigger than the Fed. It's bigger than the IMF. The market -- those billions and billions of gold-buying and gold-selling individuals -- holds the trump card. The market cannot be stopped. The price of gold is what it is because of the market.

Explain this then: http://www.zerohedge.com/news/2014-06-03/gold-price-manipulation-was-routine-ft-reports

 

[Zippyjuan]

Just released;

http://www.zerohedge.com/news/2014-06-03/gold-price-manipulation-was-routine-ft-reports

Yet another feather in the caps of those saying gold has been manipulated for a long time.

As the article says, the manipulation was a very short time- a matter of a few minutes or even seconds. Yes, over a very short period, small manipulations can occur in the market but they cannot be sustained over a long period. You need trillions of dollars to do that. They "nudged the index" in the article's words just moments before some options were due to expire.

Back in 1980 the Hunt brothers tried to control the silver market (along with some rich Arab backers). They at one point had 90% of the world's silver (on paper) and still could not sustain their price manipulation of the market.