Gold/Silver: 2023 outrageous precious metals predictions
After being involved with futures and commodities for 20 years and as another year comes to a close, it's time to write my favorite article. Writing a 2023 year-end prediction is like trying to drive across the country using a foldout paper,"Rand McNally Map." Some general guidelines help, such as interstates that end in 0, like"I-80," stretch across the country from East to West, while odd numbers like I-65 run North and South.
So let's get into it. While precious metals are finishing the year on a solid note, it's no secret that they have fallen short of my predictions year after year. Logically, $2,500 Gold, $100 Silver, $2,000 Platinum, and $5 Copper on December 31, 2023, would make even the Grinch himself happy. The reality is just like any road trip, we will run into some traffic jams, a couple of detours, and, if we are lucky, just one flat tire.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Retail investors are significantly bullish on gold heading into 2023Retail investors are significantly bullish on gold heading into 2023 Retailinvestors goldsurvey outlook2023
Read more »
Terrace youth bring Northwest Coast art to the millennium trail - Terrace StandardResidents will get to see more Northwest Coast salmon artwork while walking the trail in 2023
Read more »
Nanaimo provisional budget includes 7.3% tax increaseNanaimo council has passed a provisional budget for 2023 with a 7.3 per cent tax increase.
Read more »
Here are the bills, big and small, that politicians will be looking at next yearHere’s a handful of the bills worth watching out for in 2023
Read more »
Here are five up-and-coming acts to catch in 2023Here are five gigs likely to get you bragging rights down the road.
Read more »
After a strong year for the economy, 2023 will be shaped by high interest ratesHeading in 2023, high interest rates are expected to take a significant toll on the Canadian economy.
Read more »