Gold and Silver Predictions for 2014

[Brian4Liberty]

CEF discount has dropped from around 5% down to 2%. It hasn't been that low in a long time. A positive sign for metals.

 

[flaversaver]

CEF discount has dropped from around 5% down to 2%. It hasn't been that low in a long time. A positive sign for metals.

When you say CEF, are you referring to CENTRAL FUND OF CANADA?

 

[Zippyjuan]

I see gold went back above $1300 yesterday. More market manipulation? Or does that only work on the down side of prices? (likely due to the rapidly changing situation in Iraq). http://www.forbes.com/sites/maggiem...ld-prices-surge-as-tensions-in-iraq-escalate/

 

[Brian4Liberty]

...

 

[Brian4Liberty]

When you say CEF, are you referring to CENTRAL FUND OF CANADA?

Yes.

 

[Brian4Liberty]

I see gold went back above $1300 yesterday. More market manipulation? Or does that only work on the down side of prices? (likely due to the rapidly changing situation in Iraq).

It's due to the biggest manipulation of all, monetary inflation.

 

[oyarde]

I see gold went back above $1300 yesterday. More market manipulation? Or does that only work on the down side of prices? (likely due to the rapidly changing situation in Iraq). http://www.forbes.com/sites/maggiem...ld-prices-surge-as-tensions-in-iraq-escalate/

Maybe , or maybe because the Fed spoke this week .

 

[Zippyjuan]

The Fed did nothing unexpected so their meeting would have had little to no impact.

 

[oyarde]

The Fed did nothing unexpected so their meeting would have had little to no impact.

I did not think it was unexpected.

 

[Zippyjuan]

What did you find unexpected? http://online.wsj.com/articles/fed-ups-projections-for-short-term-interest-rates-1403114981

Fed Keeps Rates Unchanged, Sees Eventual Rise in 2015, 2016

Bond Purchases Are Reduced Again As Central Bankers See Signs of an Economy on the Mend

The DOW rose because investors liked what they saw in general. All things being equal, that should have meant money moving out of gold (more confidence in the economy lowers interest in gold which is seen as a hedge against a bad economy) causing it to go down, not up.

 

[buenijo]

May as well try to predict the weather for 2014.

 

[jon4liberty]

Gold will be around 1370 by the end of the year.(Prediction)

 

[oyarde]

Gold will be around 1370 by the end of the year.(Prediction)

Seems reasonable , pretty steady around $1320 now

 

[jon4liberty]

I believe a few weeks ago was the bottom for both Gold and Silver. By the end of the year most likely a jump will happen wont be drastic by any means though. Gold will be steady this year. Some gold and silver bugs kept telling me 1000/oz gold 8/oz silver will be the bottoms. I just couldn't and cannot see it taking that big of a hit. My bottom predictions were 1200 gold 18 silver i'm crossing my fingers hoping we don't drop any lower.

 

[2young2vote]

Silver will finish under $24 and above $18 per oz.

 

[oyarde]

Silver will finish under $24 and above $18 per oz.

$20.83 now , so , yeah , I would be mildly surprised if it did not finish $20 or above .

 

[Brian4Liberty]

Silver will finish under $24 and above $18 per oz.

Going out on a limb there, eh?

 

[oyarde]

Gold @ $1330 , this morning .

 

[oyarde]

Dow breaks 17 and gold still pretty steady around $1320 .

 

[oyarde]

$1339