Other What is your prediction on gold/silver/platinum futures?

[radbot]

Gold is at an all time high, silver on a 10 year run, platinum is pretty flat, what do you predict will happen to pricing in the next 12-24 months?

 

[James Alexander]

Met a guy who claims he has identified 50 g/ton of Pt in gold tailings. He needs investment to buy a large ball mill to run tons of tailings to validate his findings

 

[montanabill]

it should get interesting if nation states crash their fiat money. I think things are volatile to the point that the average person will learn monday what the big players knew friday night.
I have a few PM's to hang on to some wealth till things normalize (if fit happens in my life time).

 

[user 94]

gold has been at a all time high for years as it always goes up in value, only 2 years ago I was trading at $80 per gram, yesterday I dealt @ $140.

 

[Aureo]

I could see gold hitting $5000 in a couple years.

 

[Amouret Anderson]

Silver price has been supressed for ages. It has the opportunity to skyrocket soon! Always diversify your portfolio with a kg or 2 of fine silver!

 

[Alan]

Silver price has been supressed for ages. It has the opportunity to skyrocket soon! Always diversify your portfolio with a kg or 2 of fine silver!

What would cause it to spike would you say?

 

[Amouret Anderson]

The fact that is used prolifically in industry and is a finite substance. It cannot be mined at its rate of use and soon it will shoot through the roof. Everything from electronics to medical uses - just google what it is used in. Soon soon. Perhaps not soon enough.

 

[Nikolaj Winther]

Silver price has been supressed for ages. It has the opportunity to skyrocket soon! Always diversify your portfolio with a kg or 2 of fine silver!

Gold-Silver ratio has been pretty stable the last 3 years. (https://www.bullionbypost.eu/price-ratio/gold/silver/3year/)
Prices went up same time as gold. I'd say that it looks like silver found it's level for some time to come.

My guess (and I know practically noting) is that the current political situation will make gold AND silver go higher, as countries (China) keep stockpiling gold.
Also, the reason for gold going up in general (compared to, say, 1980) is the use of gold in the increasing amount of electronics. So actual scarcity is a driver too.

 

[Aureo]

Also, the reason for gold going up in general (compared to, say, 1980) is the use of gold in the increasing amount of electronics. So actual scarcity is a driver too.

As the price goes up the motivation to find more clever ways of adding gold supply also goes up. If the price goes high enough then everyone will be panning for gold and adding supply lol. Do you think demand could outpace that potential supply?

 

[Winterwood]

I think the Chinese and India along with Russia will keep buying gold and silver continuing to prop the prices up.
I predict the US dollar against the Aussie dollar will stay strong for four years with Trump in, increasing the returns here in Australia for these metals.
Silver stocks are tight and could result in a rally.
All In My Opinion...