2011 GOLD high $1,500.00, SILVER high $24.00

It's always nice to discuss today's events when news comes out like unemployment reports, more QE, DOW up or down....

Let's see what happens over night. Right now the other side of the world is waking up to today's PM prices and if they were sleepy, their eyes are wide open now!!!

Now, how will our eyes be tomorrow when we wake up? Will we see $1400?

 

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Most likely, hit $1389 just now. Profit taking hasn't started yet. Seems there might be a bit more panic mode yet ?

 

at the rate silver is going up we might see $27.00 in the next few hrs... LOL....


this is nuts it sent up over $2 in about a day?

 

Hello Everyone,
Just posting to stay with thread, but I will say keep your eye on the inflation rate, Go Silver!

Steve

 

Hard to tell if panic mode has set in. I don't think it has. Currently at $1382 for gold. I think when panic mode sets in, there won't even be "dip" times because there would be too many people buying on a continuous basis? And no one wants to get caught off position?

 

Time to get your pom poms out of the closet Elaine!! Looks like gold fever is on the horizon and may break many more records by Xmas!! Goooooo gold!!

 

Interesting last night did nothing for PM's. Now prices are back to what they were yesterday. Maybe the asians are selling and the americans are buying? LOL.....

 

I bought on Wednesday evening. I'm not unhappy at all, and I'm holding on for the full ride. Gold went up, but Silver went up about 10% in three days. Wish I'd bought the Silver!

 

Silver was awesome this week. Almost touching $27. Wow! There is no doubt that silver is a wild ride. It can fall just as fast as it can rise.

 

Oh how I long for the days of $1300 gold.....

 

Hahaha. Be very careful for what you wish for because you just might get it and more.

 

Maybe there is a very slim chance that my prediction of gold finishing at $1450 (or higher) on December 31, 2010 will come true.

 

You could be right at this rate!!!!

 

Currently,in EU/UK markets for 11/09/2010:

Gold: $1,421.20
Silver: $28.51
Platinum: $1,795
Palladium: $735

US Markets open in approximately one hour and twenty minutes...

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Wow!! just my 2 cnts!! Goooooooo Gold!!

 

This is insanely in the brain!!!! The movements are too fast for me!!!! I can't even hop on board and buy anything, I'm kinda scared! LOL....

 

Scared now? When a correction comes, it could be even more shocking. I'm not saying any correction will come soon nor that it might even be below the current levels, but the drop can be as swift if not more severe (and painful) when the time comes.

 

Movements are a bit too fast for my comfort level. It was only $1300 last month. It moved $100 in one month! As always there will be profit taking but they are shallow. As if even the manipulators are unable to bring on the dips because too many people are buying now? Who knows....

APMEX had 1620 oz of gold yesterday. They now have 1518 this morning. They moved about $140K in one day.

 

And those who are still waiting for silver to drop to $16 are probably still saying the same thing and holding none. The desire to buy/hold it, but only at such reduced prices, is useless if not taking advantage of the rise and potential that profit can be had in addition to storing wealth. For those waiting for such pullbacks you have to question whats the purpose of putting any money in under those conditions.

 

You might like to check out Dave Harper's Buzz column from 11/5/10, Ride, ride, ride the wild surf.