Gold headed to $1,000.00. gold coin follow.

Today is already tomorrow over there....

 

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Yes, but as an ethnocentric American it doesn't matter to me!!!!

US time is the world time!


(I'm kidding )

 

gold hit a high of $1,008.80 per ounce. while silver high is $16.87.

 

It might be time to sell before the U.S. markets open today. I am sure the fed and central banks are moving pallets of gold bars to the loading dock waiting to dump it all to drive the price back down.

 

no way jose. gold will end this year at $1,250.00 to $1,300.00. and by next year at $1,650.00 per ounce. for daily basis. yes. it might be a small correction. we might have to say good bye to 900's.

 

blah, blah, blah... no one can say for sure but to say what gold WILL do is surely folly, not prediction, especially if based solely on a rally, as a rally never lasts. I hope we'll hear from you equally if there's a reversal in the opposite direction should the figures you hoped for begin to retreat below $1k again like it did after a few days above this mark in 2008.

 

check this one. http://www.cnbc.com/id/32729418

 

gold day high at $1,008.90. up $0.10 from earlier high of $1,008.80.

 

read that the first time you posted it. would rather hear from you as opposed to someone elses' headline.

 

After opening bell highs in NY and London market close, gold comes down a touch just as lunch time arrives in NYC EST... will have to see how the afternoon rolls out but for now the gold bugs have turned to crickets.

 

gold bounce back and hit a recent high at $1,013.10. gold still way below silver, platinum and palladium in term of percentage gain this year.

 

Dollar

Watch the Nymex dollar trading futures. Once they hit the 77s gold started a move to over 1000. This might be the start of an up tic for the rest of the year. The more money printed the lower the Nymex ICE number goes.

 

Greenspan

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.”

This was written by Allan Greenspan 1966

“Paper money eventually returns to its intrinsic value – ZERO”
Voltaire 1729

 

With gold at all time new highs, it's fun to see what people wrote here just a few years ago...

 

I happened upon a thread from last year, fall, and was thinking the very thing...some of the comments made have been so strong..a few, I must admit, I wonder if there are some folks wishing their names weren't attached to!!


Lucy

 

I agree especially the ones that are like "no chance of that happening", it's very interesting indeed.

 

I'll start this one then.... "there's no way gold will hit $2,000"

 

Funny thread!! :thumb: Here's one of my favorite modern gold coins, next!!

 

How about this one?

 

At this rate, we may see that by September!