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Gold and Silver Price Prediction Contest

PostPosted: Sat Aug 03, 2024 2:18 pm
by Lemon Thrower
I was inspired by Shinnosukee's contest. I'm not giving anything away, but I'm interested in predictions.

So today, August 3, 2024, spot gold is at $2,443.10 and silver at $28.56.

Post your predictions for the end of 2024 (rather than intra-year highs). If you want to predict the date of an intra-year high, take a shot.

Re: Gold and Silver Price Prediction Contest

PostPosted: Sun Aug 04, 2024 12:56 am
by shinnosuke
Ag=$33.47
Au=$2518.93

Re: Gold and Silver Price Prediction Contest

PostPosted: Sun Aug 04, 2024 6:43 am
by Morsecode
shinnosuke wrote:Ag=$33.47
Au=$2518.93


I was going to pick those.

Re: Gold and Silver Price Prediction Contest

PostPosted: Sun Aug 04, 2024 6:46 am
by Morsecode
Silver $35.50 (naturally, now that I've dumped most of mine)

Yellow $2840.00 (80x 35.50]

Re: Gold and Silver Price Prediction Contest

PostPosted: Sun Aug 04, 2024 7:04 am
by Cu Penny Hoarder
It's strange how gold has been doing well, but silver is not.

PM prices (and stock market) will be dependent on...
1. If there is an interest rate cut in September.
2. Who "wins" the election.

Au: $2800

Ag: $33

Re: Gold and Silver Price Prediction Contest

PostPosted: Sun Aug 04, 2024 7:31 am
by silverflake
Silver $32.50


Gold $2550.00


Stack them both

Re: Gold and Silver Price Prediction Contest

PostPosted: Sun Aug 04, 2024 2:56 pm
by Catfish4u
$35.73
$3573

Re: Gold and Silver Price Prediction Contest

PostPosted: Sun Aug 04, 2024 3:05 pm
by shinnosuke
Morsecode wrote:Silver $35.50 (naturally, now that I've dumped most of mine)

Yellow $2840.00 (80x 35.50]


Nah, you've got a prediction backed by logic or science or something. Way better than my random shots in the dark.

Re: Gold and Silver Price Prediction Contest

PostPosted: Sun Aug 04, 2024 3:09 pm
by shinnosuke
Cu Penny Hoarder wrote:It's strange how gold has been doing well, but silver is not.

PM prices (and stock market) will be dependent on...
1. If there is an interest rate cut in September.
2. Who "wins" the election.

Au: $2800

Ag: $33


Silver is not doing well because I own more of that than Au. If I converted all my Ag to Au, then the opposite phenomenon would occur.

I know not who will "win" the election, but I already know who the loser will be. We the people.

Re: Gold and Silver Price Prediction Contest

PostPosted: Sun Aug 04, 2024 7:42 pm
by 68Camaro
2950 Au and 35 Ag

Re: Gold and Silver Price Prediction Contest

PostPosted: Tue Aug 06, 2024 7:37 am
by 68Camaro
68Camaro wrote:2950 Au and 35 Ag


Alternate prediction if comma-la wins: gold 1900, ag 19