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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 362.31-1.8%Nov 4 4:00 PM EST

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To: TobagoJack who wrote (44557)1/1/2009 2:14:09 AM
From: energyplay2 Recommendations  Read Replies (3) of 217541
 
POG prediction - $720 USD

2009 Dec 31st USD 720/oz

Low next year will be about $620, and price will be around $680
a lot.

Why ? Still in Deflation for many months, and even when the money supply is inflated, there will be a delay before the gold market responds.

I expect that gold at $2000 within 5 years is very probable.

I will also predict that Platinum comes crashing back close to $800 per ounce again in 2009.

Those big catalytic converters on SUVs have lots of Pt.
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