2006-09-07 22:46:48 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
Hmm, let's see, let me get my crystal ball. Uh huh, the price will be different than it is today; first lower, then higher. Or was that ...
2006-09-07 23:18:21 · answer #1 · answered by dredude52 6 · 0⤊ 0⤋
depends..
some thing to consider in the global gold market is China is attempting to put 10-15% of their assets into Gold. in the near term gold will fluctuate with the wind.
I am inclined to think it depends on the economy.. If we go into a period with recessionary pressure we could see $1000-$2000/oz gold very easily.
Some people are bearish on 2007. call it -pre-2008 election year doldrums. I tend to think the economy may be bearish when we enter the 08 election cycle..
2006-09-08 11:00:59 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Good question. I'm hoping the spot price will be in the $1,000 to $1,200 range. I'm buying some Gold Buffalo coins as we speak for a hedge on inflation.
2006-09-08 06:54:21 · answer #3 · answered by no nickname 6 · 0⤊ 0⤋
About the same as it is now.
2006-09-08 06:55:02 · answer #4 · answered by rhymingron 6 · 0⤊ 0⤋
it could be $210.90. or it could be $840.65
2006-09-08 06:01:02 · answer #5 · answered by don'task 4 · 0⤊ 0⤋