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Bullion Investing Discuss gold, silver, platinum and other metals sometimes formed into coins and sold as investments.

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Old 01-24-2009, 12:48 PM   #1 (permalink)
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Gold headed to $1,000.00. gold coin follow.

will gold pass $1,000.00?. if so. gold coin will follow that trend and move up. i see next week traded between $900.00 to $960.00. and hopefully it will hit $1,000.00. what you think it will be?. predict, guess, estimate, graphing, chart and analyzing. let's play....
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Old 01-24-2009, 02:38 PM   #2 (permalink)
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Gold is going up despite the best efforts of the bankers and the governments to keep it south. It has hit record prices in Euro and Sterling, because both of those currencies have tanked against the dollar, but there is a tonne of volatility in the currency sector.

If you can afford it, it is the best time to travel to Europe in several years, the dollar hasn't been this high in quite some time, and to think a year ago it was at record lows.
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Old 01-24-2009, 02:48 PM   #3 (permalink)
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I don't think that gold will hit $1000. I truly do not think the market could bear it at that price.
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Old 01-24-2009, 02:54 PM   #4 (permalink)
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I don't think that gold will hit $1000. I truly do not think the market could bear it at that price.
The Fed surely couldn't. But what drives gold prices is more emotion and shock than industrial need.
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Old 01-25-2009, 11:33 AM   #5 (permalink)
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gold should open very high tomorrow. possibly hit and pass $1,000.00 by next week.
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Old 01-25-2009, 11:48 AM   #6 (permalink)
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Look at silver too! Whenever gold goes up sharply, it does too. It might be in $14-$15 range in the near future.
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Old 01-25-2009, 11:51 AM   #7 (permalink)
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Lets see how much "money" they print
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Old 08-28-2009, 04:52 PM   #8 (permalink)
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I hope they all go up, because it's good for all of us collectors.
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Old 08-28-2009, 05:07 PM   #9 (permalink)
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I hope they all go up, because it's good for all of us collectors.
Bob

Agreed!! Glad you shared that ideal, maybe some of the naysayers can comprehend that statement. Time will tell.
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Old 08-28-2009, 07:37 PM   #10 (permalink)
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when do you buy ?

Gold for some is a lifetime commitment. That gives them decades of cost averaging.
Buying now is not a risk, but they do take advantage of down market times.
Others trade for profit watching indicators and creating a bit of stress in their life.

The gold market is not that large , and problems plague South Africa to put them out of first place in production.
China continues to dig by mandate and they dig. They also purchase in large amounts when possible.
I think gold is a good long term hedge. Others like to trade commodities of all kinds.

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Old 09-01-2009, 02:35 PM   #11 (permalink)
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silver back to over $15.00......
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Old 01-25-2009, 12:19 PM   #12 (permalink)
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I vote up to new highs this year.
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Old 01-25-2009, 12:26 PM   #13 (permalink)
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imagine if the gold pass $1000.00 by next week. and averaging is between $1,000.00 to $1,049.99. then the price of ultra high relief $20.00 double eagle gold uncirculated coin will cost us $1,389.00 to acquire it from the u.s. mint. and the prosperity set will cost $1,325.00 from its first offered at $1,078.88.
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Old 01-25-2009, 01:29 PM   #14 (permalink)
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Actually the Asian markets will open at about 5-6PM EST.
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Old 01-25-2009, 01:36 PM   #15 (permalink)
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Gold should continue up cause there's very little else worth investing in, so the demand should increase. When there's a limited supply and demand increases - so does the price.
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