According to the data and relationship presented here
Message 25285213
My calculations for the Dec 2009 and Dec 2010 targets would be as follows. Admittedly the projection is off by about $150 per oz. as of today, but some might say there is pressure building up in the POG. If you have been reading the news on recent money creation & bail outs etc, you should not be overly surprised at this projection.
01/01/2000 $253
12/01/2000 $274
12/01/2001 $301
12/01/2002 $335
12/01/2003 $377
12/01/2004 $431
12/01/2005 $504
12/01/2006 $606
12/01/2007 $759
01/01/2008 $776
02/01/2008 $793
03/01/2008 $810
04/01/2008 $830
05/01/2008 $849
06/01/2008 $870
07/01/2008 $891
08/01/2008 $914
09/01/2008 $938
10/01/2008 $963
11/01/2008 $990
12/01/2008 $1,018
01/01/2009 $1,048
02/01/2009 $1,080
03/01/2009 $1,111
04/01/2009 $1,147
05/01/2009 $1,184
06/01/2009 $1,225
07/01/2009 $1,268
08/01/2009 $1,315
09/01/2009 $1,366
10/01/2009 $1,420
11/01/2009 $1,479
12/01/2009 $1,542
01/01/2010 $1,612
02/01/2010 $1,689
03/01/2010 $1,766
04/01/2010 $1,859
05/01/2010 $1,958
06/01/2010 $2,073
07/01/2010 $2,198
08/01/2010 $2,345
09/01/2010 $2,511
10/01/2010 $2,697
11/01/2010 $2,920
12/01/2010 $3,175
happy to fix any error etc in this calculation. |
