SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (23931)10/11/2007 8:55:49 PM
From: energyplay  Read Replies (1) of 217739
 
For about the next 5-7 years, i expect that gold will run out of steam between 2,000 and 3,000. Could it spike higher for about 1 or 3 weeks like it in the 1970s, and like silver ? Sure - just remember that's a narrow time window in which to sell physical.

Getting over 3,000 sustained will require another inflation/deflation/ boom/bust cycle. Or the election of Dick Cheney.

Somewhere north of 900-1200, many, many, many mine waste dumps become viable for heap leaching, expanding annual gold supply by 50% to maybe 3X at $1700.

That's assuming $120-150 oil.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News