CURRENTLY: In UL/EU markets for Tuesday, 10/5/2010 GOLD: $1,327.70 Silver: $22.26 Platinum: $1685 Palladium: $567 US Market reopens in approx. twenty-five minutes...
I thought it was a typo so I had to check APMEX. Being so early in the morning, I had to rethink if this was good or bad....sometimes I get a little dyslexic with the numbers. But then I saw elaines thread too.... Thank you BOJ!!!
For the effect of posting even BIGGER numbers, Elaine has been quoting *futures prices*, not actual spot and not intraday trade, so unless you are buying futures in PMs contracts, her prices are not accurate for daily trading like if you are hoping on a bullion dealer web site and buy at the dealers Ask price. CURRENTLY: In UL/EU markets for Tuesday, 10/5/2010 GOLD: $1,327.90 Silver: $22.29 Platinum: $1689 Palladium: $564 US Market reopens in approx. eight minutes...
I haven't really paid too much attention to futures contract. I don't fully understand their purpose..... Can't wait for the markets to open and see what they do. I think they are shell shocked.....
CURRENTLY: In US markets for Tuesday, 10/5/2010 GOLD: $1,328.60 Silver: $22.35 Platinum: $1688 Palladium: $574
CURRENTLY: After the US market open for Tuesday, 10/5/2010 GOLD: $1,331.90 -- High so far today $1,332.60 Silver: $22.33 -- High so far today $22.38 Platinum: $1693 Palladium: $572
CURRENTLY: After the US market open for Tuesday, 10/5/2010 GOLD: $1,331.80 -- High so far today $1,333.30 Silver: $22.33 -- High so far today $22.39 Platinum: $1691 Palladium: $571
Great decision to buy last night fools-gold! let's hope it holds... :thumb: CURRENTLY: GOLD: $1,339.40 -- High so far today $1,340.80 Silver: $22.65 -- High so far today $22.71 Platinum: $1697 Palladium: $579
CURRENTLY: GOLD: $1,338.90 -- High so far today $1,341.30 Silver: $22.65 -- High so far today $22.71 Platinum: $1696 -- High so far today $1,704 Palladium: $578 -- High so far today $583
CURRENTLY: GOLD: $1,341.30 -- High so far today $1,342.10 Silver: $22.75 -- High so far today $22.77 Platinum: $1702 -- High so far today $1,704 Palladium: $581 -- High so far today $583
CURRENTLY: GOLD: $1,342.30 -- High so far today $1,342.30 Silver: $22.88 -- High so far today $22.91 (Up +4.35%)...moving right along! Platinum: $1702 -- High so far today $1,705 Palladium: $581 -- High so far today $584
Totally! I am mind boggled! I was going to just wait to make some purchases today. Can you imagine if I waited and saw these prices! LOL!! I literally purchased it hours before it shot up!!!
CURRENTLY: GOLD: $1,342.40 -- High so far today $1,342.80 Silver: $22.90 -- High so far today $22.92 (Up +4.62%) Platinum: $1701 -- High so far today $1,705 Palladium: $584 -- High so far today $585
Next Level Congratulations on the $1350 level nearly being reached! Check out the technical analysis at Kitco: http://www.kitco.com/reports/template_jimw.htm If gold is an "insurance policy" as Ron Paul says, it has got to be the best one out there. But if you read Jon Nadler's article yesterday where he showed how the PMs always seem to reach a peak between late September and early October, it may be prudent to wait a while before getting into this market. The rule is two steps forward and one step back. Eventually the profit takers sell a share of their holdings.
SLV ETF up 4.88% Oct 01 - Oct 05 (Currently $22.34) GLD ETF up 2.37% Oct 01 - Oct 05 (Currently $130.93)
CURRENTLY: GOLD: $1,340.90 -- High so far today $1,342.80 Silver: $22.85 -- High so far today $22.92 (Up +4.39%) Platinum: $1701 -- High so far today $1,705 Palladium: $584 -- High so far today $585
Thanks guys. Aren't we near some sort of Indian tradition where they purchase a lot of gold? I forget what it was all about....but this is quite a run up....I'm already mentally prepared for the drop, let's just hope it's not a huge huge drop...... But I like 2 steps forward 1 step back.