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« Federal Reserve keeps interest rates unchanged but hints at December rise | Main | Doug Casey Answers Five of Today’s Biggest Investment Questions »
Tuesday
Oct272015

Gold, Silver & PGMs Outlook for 2016-17 

 

We spotted this article on The Bull and Bear Financial Report and thought that it might be of interest to you:

 

These are some of the senariors put forward....

 

Bearing in mind this relatively pessimistic view on demand for gold, we see gold averaging $990/oz. For 2017, we expect that gold prices could average $1,020/oz. Prices are expected to rise from the previous year as mine supply starts dropping due to the strong cuts in capex over the previous five years.

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Under these scenarios, we could see gold prices averaging a low of $850/oz in 2016 and $800/oz in 2017.

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In our high case scenario, we see gold prices averaging $1300/oz in 2016 and in $1400/oz in 2017.

 

read more....

 

The miners appear to be flat lining with the HUI at the 130 level - do you think it will rally from here or is another challenge of the 100 level on the cards?

 

Is the bottom really in? Could there be a final capitulation just ahead of us? Have you plenty of cash to take advantage of the coming bargain prices?

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

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