MetalMeister’s 2013 Predictions

Here are MetalMeister‘s predictions for 2013:

The Price of Gold Will Be:

The DOW will close at:

Here are my other predictions for 2013:

I am not in stocks at the present and suffered enough losses in late 2011 early 2012 to know to get out and take a breather.

I have not read much that makes me think 2013 is going to be horribly worse than the last two years so my price swings are tempered with those thoughts.

I don’t know how much higher gold can go right now. Part of me says to the moon but the other part is aware that buyers in India and China are going to balk at considerably higher prices and those buyers of mainly jewelry are a huge block determining factor of what has allowed the run up in gold all these years. At some point there has to be a balance in how much higher those people are willing to buy versus pure investment buyers who will buy considerably higher just because it goes up versus the masses who will buy if global economic fear strikes. The real question to me seems to be can gold go to $5000, $8000, or $10,000 without the global economic fear quotient??