"...I think it will probably get smacked down. But it spike up first or maybe stay flat for awhile."
That pretty well covers all the possibilities.
I noticed this morning that Citigroup has changed their outlook for gold:
"...At Citigroup on Monday, analysts cut their gold forecasts for 2013 by 4.2% to $1,675 a troy ounce and 0.2% to $1,653 a troy ounce for 2014. Their silver price forecasts remained unchanged." I could not locate their current silver forecast, but seem to recall it's around a 5% gain for 2013.
I see evidence, even among CT members, that expenses of daily living are causing some folks to liquidate their stacks. I think that trend will accelerate later in the year, especially in Europe, and that will create downward price pressure, more so if the world's central banks sell off their silver (don't think they have very much) in order to buy gold.
Nevertheless, I'm still a buyer, not a seller.
Source: http://www.cointalk.com/t221246/
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