Gold and Silver prices predictions Up/Down?

bnorth · #1 09-24-2025, 06:01 PM

I would think with the vast amounts of it available it would be worth WAY less than it is. I have no idea how pricing actually works as they are like diamonds and the amount available has little to do with value/pricing.

Balticfox · #2 09-24-2025, 09:54 PM

Quote:

Originally Posted by bnorth

I would think with the vast amounts of it available it would be worth WAY less than it is. I have no idea how pricing actually works as they are like diamonds and the amount available has little to do with value/pricing.

True. But the counter argument is that fiat paper currencies have, will and must continue to be debased. This means that the price of alternate currencies, e.g. gold and silver, not subject to government debasement must continue to rise in terms of fiat paper currencies.

But then again how many pounds of copper, pounds of butter, dozens of eggs, pounds of coffee, bushels of wheat or corn, whatever, did the $20.67 price of a troy ounce of gold buy in 1920? If the same calculations are done today, gold has appreciated leagues more in price than any of these other commodities/goods.

But I'm not making any predictions. I don't know and I'm not willing to even hazard a guess. Markets aren't rational. They just "are".

steve B · #3 09-26-2025, 10:10 AM

I was surprised when my brother told me Gold was higher than Platinum. It was almost always the other way around

It was also typical that whenever there's crazy stuff going on with any major country Gold increases.

BioCRN · #4 09-26-2025, 12:35 PM

Quote:

Originally Posted by steve B

I was surprised when my brother told me Gold was higher than Platinum. It was almost always the other way around

It was also typical that whenever there's crazy stuff going on with any major country Gold increases.

Aside from the reason I decided to enter the market above, there's many forces pushing on gold right now.

A big one is China is maneuvering to bolster their economy by storing gold and it's assumed they want to further open a system for other countries to have and store (in China) part of their central bank gold stores without actually having to purchase, move, and store gold locally in their countries. China is a much more safe and stable place than some countries, and they also mine a hell of a lot of it domestically.

We could dive deeper into other things, too, but the US disrupting the world economy and it's impact on world debt/currencies/etc...and China suddenly snapping up a lot of gold in what some assume is an expansion of their foothold in the world economy are heavy players.

What gold has done in the past 10 months is alarmingly not natural to the way the world economy should work.

To all of us profiting on it, and got out in front of it...salute, and enjoy your market exit whenever you choose to cash it in.

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