Price Au & Ag by end of 2018?

[Tn21]

1st quarter of 2018 almost over, where do you think the spot price will go to by the end of this year?

[FlorinCollector]

I have nothing to back up this claim but I think downwards. Reason being I think we will see more people trying to get into cash and will deflate prices. Could be wrong just my opinion. 

[Agpanda]

I think it will be the same as now, or maybe a bit lower

[sixgun]

Kinesis kicks off full blown trading on 1st October. The pre-IC0 starts 1st July so gold and silver buying will have to start before then. They are expecting a trading volume of over $1 billion on the first day. Minters will have cash returned and will buy more metal which is the point at which the fun starts.

There is good reason to expect the cabal to reset price before this fox gets in the chicken coop, that will reduce the damage to the usual culprits. All the never existed unallocated (and probably 'allocated') gold deposits will be settled for cash with a keystroke and then price will be allowed to gap up.

We have the petro yuan contracts starting next week. This will be an economic poisoned pill for the USD. It won't be overnight but this is going to suck the US economy dry as the world's de-dollarisation accelerates and oil yuan are swopped for gold. Russia has already amassed what i recently heard is 40 000 tonnes of gold selling oil for gold and there is of course also a big silver stack to keep the gold company.

So i expect price to be higher - how much? That is just guessing so let me guess gold $5k and silver $500. Yes we have heard this all before but this time there is substance to it.

[Mildred]

As you said in a previous post, silver is the 2nd most strategic commodity after oil.

The reset will be triggered by a shortage on the industrial level.

In such circumstances the gov is forced to step in in same way.

In which way, I don't know, but I wouldn't be surprised if it were not investor friendly

 

[Lowlow]

Lower, but that might just be wishful thinking.

A LOT lower would be nice.

Just now, Lowlow said:

Lower, but that might just be wishful thinking.

A LOT lower would be nice.

I like my silver prices low low

[sixgun]

Someone else thinks $5000 for gold. That gold will be revalued over a weekend - i have said the same.

i recall Jim Willie saying in one of his video a year or so ago that the banking powers have put $5000 as a reset price for gold. What Jim Willie says often seems fanciful to me but $5000 does seem a reasonable stepping stone in price.

 

[Stu]

Gold:$798 

Silver: $10.51

[vand]

NO ONE KNOWS.

ask a thousand people and you'll get a thousand different answers.

but the market doesn't really care what you think it will or should be, it will go where it goes. Don't take it personally. Buy as much as you are comfortable holding.

[Roy]

4 hours ago, sixgun said:

Someone else thinks $5000 for gold. That gold will be revalued over a weekend - i have said the same.

i recall Jim Willie saying in one of his video a year or so ago that the banking powers have put $5000 as a reset price for gold. What Jim Willie says often seems fanciful to me but $5000 does seem a reasonable stepping stone in price.

 

Do you know which weekend this will be?

I want to sell 3oz soon and would hate to lose out

[richatthecroft]

13 minutes ago, Roy said:

Do you know which weekend this will be?

I want to sell 3oz soon and would hate to lose out

I'll buy the 3oz for say,  $10k Roy, if you get further insight/reassurance of the impending re-rate of the Gold price.

I think you would agree that this would this would be a reasonable offer 

 

[Roy]

Hmm, I'd have to see $12k old bean

[Tn21]

Some really interesting views on both sides, personally Im bullish on PMs for 2018. We all have an belief in PM and im just thinking of planning ahead. 
Gold to reach 1450 usd 
Silver to reach 21 usd 

Above is my guess work for end of 2018

[sixgun]

1 hour ago, Roy said:

Do you know which weekend this will be?

I want to sell 3oz soon and would hate to lose out

More likely than not a weekend between now and the end of September.

Roy the reset will send price up - no need to hurry to offload your 3oz  You will make more after the reset. i didn't realise things were so tight for you that 3oz mattered. Hope things pick up soon.

[Tn21]

oh wow @sixgun you expect things to change in that sort of time frame? 

[Roy]

Cheeky bugger.

I can wait. Everything comes to he who waits.

and 

[sixgun]

1 minute ago, Tn21 said:

oh wow @sixgun you expect things to change in that sort of time frame? 

Yes - i have made out in previous threads why i believe we are looking at a reset at some point in the next 6 months. The cabal would be well advised to trigger this themselves before their system breaks. The physical market will break the paper market. Paper price suppression can only last as long as there is sufficient physical for those who want it at roughly the paper price. If physical demand spikes there comes a problem. Kinesis will be the cause of that spike. i realise many here will believe it when they see it. So let's see.

[Tn21]

Au has gone past the 1350usd mark, hopefully if it closes above then its a good sign. Fair amount of resistance previously at this price.