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 Silver $20 or Gold $1200. WHo's 1st
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slickeast
1000+ Penny Miser Member


USA
2533 Posts

Posted - 11/25/2009 :  15:19:20  Show Profile Send slickeast a Private Message
With both really close, which one will reach these marks 1st.

I am guessing GOLD to $1200 before SILVER at $20

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Dalsuh
Penny Hoarding Member



USA
757 Posts

Posted - 11/25/2009 :  15:20:32  Show Profile Send Dalsuh a Private Message
Hard to say but gold seems to have most of the momentum ATM. I say gold!

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Dalsuh
Penny Hoarding Member



USA
757 Posts

Posted - 11/25/2009 :  15:21:49  Show Profile Send Dalsuh a Private Message
Remember all those people making fun of Schiff when he said $1200 gold?

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coppernickel
Penny Pincher Member



USA
131 Posts

Posted - 11/25/2009 :  15:27:42  Show Profile Send coppernickel a Private Message
My montra has become, "welcome to the 21st century." Those things happening were dire futurepredictions arehappening now.

I'll bet three copper cents on gold reaching $1200 before silver hits $20.

Silver would need to move about 6%, but gold will need to move less than 1% to reach these goals.

Silver Monometalism is the most permanent and stable form of money the world has seen. Natural law and history prove silver value is best multiplied by gold and best divided by copper. It is only in this counterfeit currency time when the natural law appears suspended.
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dakota1955
1000+ Penny Miser Member



2212 Posts

Posted - 11/25/2009 :  15:33:07  Show Profile  Send dakota1955 a Yahoo! Message Send dakota1955 a Private Message
I also will pick gold but I think it will go south first a wee bit.
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Country
1000+ Penny Miser Member



USA
3121 Posts

Posted - 11/25/2009 :  17:19:41  Show Profile Send Country a Private Message
$1200 GOLD comes first - by Friday. Schiff predicts $2000 GOLD next year. USD index breaks 75 and is now 74.2, next stop will be a test of the all time low at the 71 area - another 5% drop for the $USD. Look for $1300 GOLD and $20+ SILVER soon. GOLD and SILVER are appreciating at about the same percentage right now. I think folks will be looking at SILVER as an affordable alternative as GOLD becomes unaffordable to most folks. When that happens, the SILVER rockets will ignite and SILVER will go into hyper-drive.

It's getting harder to find good deals on GOLD (90% or .999% stuff). Even the $5 90%-GOLD commemoratives that no one wanted before are being scooped up fast.

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PennySaved
1000+ Penny Miser Member



USA
1720 Posts

Posted - 11/25/2009 :  17:22:26  Show Profile Send PennySaved a Private Message
I say $1200 gold. Since India may agree to buy another 200 tons of Gold from the IMF for $1200 an ounce, I think gold will shoot through the $1200 mark. Not sure if you guys agree but I was reading that each time India makes a big purchase it is setting the new benchmark for price.

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AFModell
Penny Sorter Member



USA
82 Posts

Posted - 11/25/2009 :  17:31:45  Show Profile Send AFModell a Private Message
1200 overnight in the Asian markets Thursday night. Heres to hoping youre holding!

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feirefiz
Penny Sorter Member



Canada
62 Posts

Posted - 11/25/2009 :  17:57:18  Show Profile Send feirefiz a Private Message
gold for sure, then we will see a dropoff i assume, 12 dollars away but it could drop tonight

still saving my money for january...
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