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Post by pilgrim on Nov 16, 2010 14:37:10 GMT -5
Precious metal prices keep going up. I read that the silver market might be artificially inflated because of a few large investors controlling the price. Then some other experts said that wasn't possible because there is worldwide interest by small investors and world currencies are unstable.
I need money for retirement so I thought I might buy silver a little at a time when it drops every so often since, like stocks, it goes up and down. Do you see it still climbing although with little dips that would be "buy opportunities?"
Your thoughts, please Cheri.
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Post by Cheri Mancuso on Dec 24, 2010 19:02:36 GMT -5
Hi Pilgrim, I feel that gold will start to come down in late 2011 & silver will continue to go up. I predicted in 1999 that gold would go up over $ 1400.00 an ounce and so far I'm on target. Invest in silver at this time, not gold. It's too high Cheri Mancuso
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Post by reagen2 on Jul 27, 2011 22:03:17 GMT -5
I was just looking up the price of gold and as of close today, it was around $1615. I'm feeling that this next year, this country's economy will be even further in the toilet and I'm tempted to buy gold at this price - but I hesitate, since it Is so hideously high.
What do you think, Cheri at this time?
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Post by reagen2 on Aug 8, 2011 19:27:42 GMT -5
Hi, gold is now up to $1710...
After reading the article below, my question is: Are we sliding into a depression (or are we already really There)? How much worse will this get and for how long? Any thoughts, Cheri? [/color]
finance.yahoo.com/news/Wall-St-takes-a-dive-on-first-apf-1960115615.html?x=0&.v=15
"The Vix, a measure of fear among investors, is up more than 90 percent this month. The index shows how worried investors are that the S&P 500 will drop over the next 30 days."
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Post by reagen2 on Sept 20, 2011 18:48:14 GMT -5
Gold is about $1800 something and silver is $39.... I do feel that it will continue to rise somewhat until election day. If Obama does not win the next election, then I think that there will be more consumer confidence and that gold will start to decline. If he is re-elected, then I feel that gold will go up more, because faith in the dollar will continue to be shaken to its' core.
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Post by reagen2 on Sept 29, 2011 19:43:28 GMT -5
Since I posted last, gold has gone down more than $200... So much for my theory!
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Post by Gold Silver on Jan 2, 2012 18:52:55 GMT -5
Gold & Silver did go up & down in 2011 but will start to climb again in 2012. Gold could eventually reach $ 2500.00 an ounce Cheri Mancuso
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Post by pilgrim on Jan 4, 2012 15:16:53 GMT -5
Would you recommend selling silver to buy gold or holding onto the silver? When gold drops, I thought about buying it by selling my silver.
Do you think palladium and platinum would also be good buys? Because gold is so high they are supposed to be a better buy than normal but if their price stays static, it wouldn't be worth it.
I want to save to buy a car in the next two years, so I was thinking instead of sticking cash in the bank for little interest, it might be better to buy precious metals now and hope they rise by the time I need a car.
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Post by Cheri Mancuso on Nov 12, 2013 9:32:37 GMT -5
The stock market has been up lately & gold & silver down but I'm predicting that the stock market will go down drastically in 2014 due to Obamacare & gold & silver will rise. Eventually gold will be too high priced for most small time investors but will eventually rise to $ 5,000 an onuce, Silver will become the next gold.
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Post by pollokeeper on Mar 25, 2014 17:19:06 GMT -5
I am hoping that Ms Mancuso will see this post and respond with her thoughts. I noticed that you have predicted that art, copper, diamonds, and silver will rise dramatically in 2014. But, gold will not perform so well in 2014. This tells me that something very odd will be happening. I am particularly interested in the silver Price because I own some. However, silver normally follows gold, but at a much higher rate of volitility. You are saying however, that silver will start moving higher in the Spring, breaking away from the trend in gold which is Price stagnation. Silver and copper are actually commodity's nowadays. If copper and silver triple in Price, that is a sign of high inflation, or high industrial demand, one or the other. I don't envision economic activity getting so much better that it forces up the Price of commodity's. Sounds like you have been given a message that there is going to be real bad inflation in our future. We know that they manipulate the Price of gold. China wants the gold Price low so they can buy lots of it cheap. The US wants the gold Price low so people think the value of our dollar is strong. If you are right, it is the call of the century. However, it is also a bad omen since it will mean that we have moved into a very high inflation scenario and many people will suffer. If this does happen, and silver triples in Price, and gold sort of stagnates or just does not move much higher, this would also be a good opportunity to sell all silver and to buy gold. I am following this prediction very closely. So far, silver and gold have gone up and down but basically gone no where so far in 2014. The prediction is on track. Your thoughts Ms Mancuso?
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Post by Cheri Mancuso on Jun 12, 2014 14:19:49 GMT -5
Hi Everyone I do feel that Gold will eventually go much higher and silver right now is the better investment. I would buy silver right when it goes down. Diamonds,rubies and emeralds and most precious gems are also a good investment as well as platinum and other metals will go up Also check out my website www.cherimancuso.com.
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Post by pollokeeper on Sept 1, 2014 11:49:55 GMT -5
The prediction is that silver will be begin to rise in price in the Spring of 2014. Silver will be the new gold was the call. Silver will triple in value in 2014. Well, it is now Sep 1 and silver is trading at 19.45 per oz. It is my opinion that this prediction was completely wrong. Now, I know that these predictions are just for entertainment purposes. Or, are they? Maybe silver will start to rise in value some other time? Maam, you can now respectfully join the long list of other gold and silver prognosticators who have been completely wrong about where silver is going. Don't worry, its a long list. It looks like silver will just trade sideways or lower for the rest of the year.
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Post by pollokeeper on Apr 14, 2015 13:12:00 GMT -5
Gold and silver are now trading at 1200 and 16 dollars respectively. Ms Mancuso has no comments on this development. Yes, I realize that predictions are made just for fun and that they are for our entertainment. Psychics are not always spot on with predictions and Ms Mancuso tells us this. It appears that gold and silver will continue to trade sideways to lower for the rest of the year at this point. My question is this. Many people believe that there will be something significant happening in the Fall. Maybe something to do with the Middle East. There are astrological signs that point to this, something to do with the so called "blood moons". Will these signs actually point to something significant happening in the Fall? And, how will this affect the financial markets and the precious metals? My feelings are that something is going to change in the Fall. Precious metals could go down in value further. Finally bottoming out. 2016 should finally be the year that precious metals begin to move meaningfully higher. Problems with the financial markets could push people to begin investing in gold as a perceived safe haven asset in 2016. 5000 dollar gold and 100 dollar silver could eventually be seen but not for a few years. We are moving towards crisis in the future with our currency's. The Euro seems to be in trouble now. The dollar is not better but its the only game in town for the time being. The dollar shouldn't stay strong for the long term though. We are not out of the woods now a days just because the dollar is strong and gas is cheap. This is temporary. A band aid. Enjoy 2015. I believe that things will show significant deterioration starting in 2016. Eventually this will result in some kind of financial reset that will affect all of us. There will be no majic pill occuring like silver tripling in price for example. Things are going to be tough in the future.
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