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Esteemed Contributor
Posts: 5,921
Registered: ‎03-10-2010

Gold projected to reach $3000 an ounce

[ Edited ]

Yesterday gold topped $1900; B of A is predicting $3000 within 18 months!  World economy is in trouble!

Respected Contributor
Posts: 2,164
Registered: ‎03-10-2010

Re: Good projected to reach $3000 an ounce

Pardon my ignorance on this subject... but does that mean I will get $3000 by turning in an ounce of gold?

 

 

ETERNITY: your choice... smoking or non smoking!
Honored Contributor
Posts: 32,884
Registered: ‎03-10-2010

Re: Good projected to reach $3000 an ounce

[ Edited ]

@spent2much wrote:

Pardon my ignorance on this subject... but does that mean I will get $3000 by turning in an ounce of gold?

 

 


@spent2much No but you will get a good portion of it. And I'll add that 14k gold is not all gold as is 24k gold, so it is only a percentage of the $3000.  Like 925 sterling is not all sterling--only a fraction.

Respected Contributor
Posts: 2,164
Registered: ‎03-10-2010

Re: Good projected to reach $3000 an ounce

@Sooner 

 

Thank you, Sooner.

ETERNITY: your choice... smoking or non smoking!
Honored Contributor
Posts: 8,094
Registered: ‎10-03-2014

Re: Good projected to reach $3000 an ounce

That's higher than 2008 when it peaked.  $3000 is quite a prediction, not very believable in 18 months.  

Esteemed Contributor
Posts: 5,567
Registered: ‎03-09-2010

Re: Good projected to reach $3000 an ounce

I'm thinking toilet paper will be at LEAST this much in 18 mos.  😉

 

You been shopping lately? That bar of gold will pay for your cart of groceries this fall.

Honored Contributor
Posts: 15,579
Registered: ‎03-09-2010

Re: Good projected to reach $3000 an ounce

The headline is confusing, I assume it is supposed to say Gold projected not Good projected

Stop being afraid of what could go wrong and start being positive what could go right.
Esteemed Contributor
Posts: 5,921
Registered: ‎03-10-2010

Re: Good projected to reach $3000 an ounce

@I am still oxox : Darn autocorrect (I fixed it).

Honored Contributor
Posts: 36,383
Registered: ‎08-19-2010

Re: Good projected to reach $3000 an ounce

Yeah, I done sold off 50% of my gold bangles, earrings, bracelets and did better then I would had got at pawn shops.  One ring, went too

 

 

US Gold online

 

My sister gave me her dead husbands wedding band and some other stuff she was tickled to make 400  .

 

Stupid to let that stuff sit around when the market is hot as a fire cracker !