in dec of 09 gold was sitting around $1100 silver was $17
in dec of 10 gold was around $1400 silver was $30
now we have gold around $1600. silver is $29

most predict higher gold by the second quarter of 11. due to economics and depreciating money.



the economy is a factor in the current price swings, but speculation plays a larger role at the moment. but if the economy were to improve, we would be using even more gold in manufacturing. driving the price up. the same reason platinum, palladium, silver, copper is down. less of it is being used in manufactured consumables. simply because we are consuming less. we consume less because we have fewer consumers. too many unemployed and under employed.