How high will the price of gold and silver go in the next 12 months?



Answer:
I assume gold will keep its rising on its current trend. Following the 5year gold chart (http://kitco.com/charts/livegold.html. ) I calculate a 18% annualised growth rate. So my estimate for Gold in August 2007 is 755USD per ounce.

I assume silver will keep its rising on its current. Following the 5 year gold chart ( http://kitco.com/charts/livesilver.html. ) I calculate a 38% annualised growth rate. So my estimate for Silver on August 2007 is 17 USD per ounce.
Unlimited
Gold was traditionally a safe haven during times of uncertainty. During the last 20 years or so, either people have been very "certain", or they just had too many other areas to invest in.

I'd say the latter. In the past 3 years, gold has had a bit of luster as far as investments go, but I think it won't move much.

On the otherhand, I don't think it will go down much either, so it's probably worth taking a risk.

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