Quote from: JOE on May 21, 2024, 01:56:11 PMThey say usu the coming summer months will be a slow time for metals until the fall when metal prices should move up more dramatically.
This is what happened last year.
So if that is any indication gold & silver may stall or go sideways for now & then move up come September right through the fall end of 2024 and early in 2025.
By then gold might surpass $2600 or be in that range.
Maybe silver will be closing in on $34-36 an ounce in 2024? $36- $40 in 2025?
But later in 2025 and after all bets are off & things could get wonky or go haywire. That's when prices could shoot up quite rapidly right into 2026.
...sound about right?
That's just my hunch.
I say the same pattern will hold. It will continue a steady climb with very short terms of stagnating. In 3 months, silver has increased about $10. No reason to think another $3 to $5 isnt likely.