will gold continue going down in value?

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  • will gold continue going down in value?


Answer #1 | 22/12 2013 01:12
prrrrrretty sure it goes up about 12% a year.....
Positive: 64 %
Answer #2 | 22/12 2013 02:12
Gold is already near $1200 line on its way to the south, Gold is down -29% YTD as was accurately forecasted by p-in-1-year/ 12 months before. The year 2013 put the brakes on a 13-year run in gold prices, and its prospects for recovery next year don’t look great. I thought you might find this article on Seeking Alpha interesting: 2014 Market Forecast And Gold Prediction Based On Algorithms by I Know First Research -forecast-and-gold-prediction-based-on-algorithms
Positive: 58 %
Answer #3 | 22/12 2013 04:48
As long as professional gold sellers keep advertising on Fox News, I would avoid buying gold.
Positive: 38 %
Answer #4 | 22/12 2013 07:37
no prediction can be done.
Positive: 6 %
Answer #5 | 22/12 2013 14:11
You can't predict the price of precious metals. The price varies by individuals' confidence in a company's paper money and debt. If people lose confidence in the US dollar, the price (in US Dollars) of gold will go up. If they gain confidence, the price of gold goes down. Who in their right mind can predict that?
Positive: 10 %
Answer #6 | 22/12 2013 22:31
I hope it will continue going down
Positive: 10 %
Answer #7 | 23/12 2013 11:28
Gold is going to go down to between 800-1000. That's when I'll buy but once high inflation put up, gold prices will rise. React on facts not emotion anyway don't attempt to time the market. Keep a diversify portfolio, dollar cost average and stay focus on your long term goals We are going to have strong U.S.-led economic growth, higher yields and solid U.S. stock gains that are lower than in 2013 but higher than consensus. Meanwhile, a rising U.S. dollar and rising rates, as well as rising rate volatility, will have consequences for markets around the world as credit cycles diverge. My 2014 outlook is Bearish on rates and commodities, long on volatility and bullish on stocks as well as the Dollar. The U.S. housing recovery continues. The ongoing strengthening of the U.S. economy is expected to boost real estate values by another 5 percent in 2014. 2014 is going to be another hard time for fixed income investor.We will not be able to keep this pace of steady gains within the stock market going into 2015 so be cautious.... Hope this information helped. Take Care
Positive: 10 %

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