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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 10-07-2009, 10:24 AM   #1 (permalink)
jasmine
 
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gold to $2,000.00. see this one below.

http://www.cnbc.com/id/33204585 this below.
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Old 10-07-2009, 08:45 PM   #2 (permalink)
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gold to $1,500.00. another analyst predition. see below:

http://www.bloomberg.com/apps/news?p...d=a0m8QhfjdEG4
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Old 10-07-2009, 09:15 PM   #3 (permalink)
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Originally Posted by Bazz View Post
While I wouldn't expect this to happen tomorrow, they have talked about taking the value off of the US dollar because of its weakness and using a "basket" of currencies. This would include gold. If that's the case then those of you with gold can simply enjoy the ride.
Right. I'm on the bus. What I'm hearing is that the oil barons no longer like the US dollar. In order to buy oil on the world market you now need yen, yuan, euros or GOLD. So there is a scramble to obtain gold. And that is in order to obtain oil. Anyone hear differently?
I am bullish although not buying into this high. I'll hold what I have and not sell. As long as it closes above a thousand every day I am on this wave.
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Old 10-07-2009, 09:26 PM   #4 (permalink)
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The last two days have been crazy. Who knows what gold will do? The gold market is not rational
Yup it's a buying frenzy. Only not me, not now. Either it will force the lows to stay above a thousand or I don't believe it. If the closing lows stay at any figure with four digits I'm buying into it.
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Old 10-07-2009, 10:21 PM   #5 (permalink)
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Gold break all time record high again. Right now gold high is $1,055.30 an ounce.
silver high is $17.90 per ounce.

Last edited by elaine 1970; 10-08-2009 at 02:49 AM.
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Old 10-19-2009, 04:25 PM   #6 (permalink)
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The last two days have been crazy. Who knows what gold will do? The gold market is not rational
Reminds me of the old old saying in regards to markets and the like:

"The market will remain irrational longer than you or I can remain solvent"
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Old 10-19-2009, 05:13 PM   #7 (permalink)
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new high for today at $1,064.30 per ounce.

Last edited by elaine 1970; 10-19-2009 at 05:27 PM.
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Old 10-08-2009, 05:05 AM   #8 (permalink)
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Just curious...if there are all those "short" contracts out there for silver (as we've been hearing about in other threads), won't there be an even greater explosion in silver than gold...as investors "cover their shorts"?
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Old 10-08-2009, 08:50 AM   #9 (permalink)
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Just curious...if there are all those "short" contracts out there for silver (as we've been hearing about in other threads), won't there be an even greater explosion in silver than gold...as investors "cover their shorts"?
I'm rooting for silver too. Back when it went up to $20 I didn't sell.
I quit buying when it cost $17 to obtain a one oz bar.
It is about time silver makes a move. Long overdue.
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Old 10-08-2009, 12:57 PM   #10 (permalink)
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All time record broken again today. Gold at $1,059.60.
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Old 10-08-2009, 01:12 PM   #11 (permalink)
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As of this writing:

Gold $1,057.80
silver $17.83
platinum $1,342.00
palladium $321.00
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Old 10-08-2009, 01:19 PM   #12 (permalink)
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I like the part where elaine spams gold info ad nauseum.
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Old 10-08-2009, 01:27 PM   #13 (permalink)
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Give you more info: New high is $1,060.80 an ounce. And is heading to $over $1,100.00.
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Old 10-08-2009, 01:29 PM   #14 (permalink)
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I don't know about $1100 this week. Not that it can't, surely PMs move that much in a day. You think so?
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Old 10-08-2009, 01:32 PM   #15 (permalink)
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Record erase again, it is now $1,062.40 an ounce. It is possible to reach $1,100.00 tomorrow or next monday. That is my guess. And i hope so.

Krispy. I assure you. Those gold that i bought. Will never sell it until i really need them.
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