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Forecast
Gold Futures in 2011
Wide ranging figures
among predictions among analysts and forecasters. With the
gobal economy in such turnmoil over recent trading history, and major
buys of the precious yellow metal seem to continue to build,
the question goes more unanswered than perhaps any other period.
Almost daily
in the news are easy claims being made of $1,600 hundred trades,
$2,000 peaks and far beyond. The past several years performance
of gold might in fact, make it seem as if
delivery prices are unbounded. Yet are these wild-eyed or conservative
speculators, will
be revealed as the trading
term reacts.
With so much speculation
on the price of gold, the gold markets, and influences on the
active trading (not the least of which spotlights safe haven
value) we thought it makes sense to query what you
think, on where you zero-in on where gold will surmount and
especially why.
Take
our Gold survey
As futures prices are usually
strongly related with spot, and although certain other factors affect
gold trading prices, apart from spot, we will assume that the price
predicted
correlates as an indicator affecting
trading
delivery months
at that time since they are related with such closeness. In other words, we are
concerned with the greatest futures trading price(s).
We will assume trading will end on the third to final business day of
the maturing delivery month, as it does in due course.
Please check back as results to be tallied and published on an ongoing basis
during year 2011.
Note comments
listed independent of peak prices/month-years.
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