Gold $800.00, Silver $16.00 next target?

I'm not going to spend more than $14 an ounce for silver, it will drop back down in my opinion.

 

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simple answer

now the u.s. mint selling 1/2 oz american eagle w unc gold coin at $424.95. the premium spouse 1/2 oz liberty gold coin was selling at $410.95. with this gold hike. it should have to sell it at over $424.95.

another thing is that the new prices set for am eagle gold series is based on $750.00 an ounce. today, the gold is $764.20 and still going to climb higher. so how you gonna price the gold series again?..

the modern commemorative gold unc and proof gold coin will soon be stop selling too. the calculated new price is already overpass $245.00.

 

gold higher

gold is at $766.60. new recent high. 20% up within a month.

 

kitco gold forum

try to see ktico.com under gold forum. you can predict $800.00 an ounce at what time frame. it is interesting and fun.

 

Gold is nowhere NEAR an all-time high

I just reviewed the historical charts. Gold hit $850 an ounce on January 21, 1980. (That's $2150.69 in 2007 dollars). By April 3, 1980 it had dropped to $485.75 and by April 18th to $481.50.

It's just not correct to talk about gold returning to an "all time high" without taking inflation into account. In terms of the Jan 21, 1980 price, gold is selling for only about 1/3 the price it was then. We have a very, very long way to go.

Would anyone here get excited by having their salary raised to what is was in January of 1980? (I wouldn't).

 

gold boom

gold hit a high at $771.00 in asia.

 

Thanks Clembo, that makes alot of sense to me....particularly as I've been quite lucky with finding silver in rolls lately...and would like to move more into gold.

 

You're more than welcome. I pick up any scrap copper at work as well and save aluminum cans. Our town puts out bins for aluminum yet I get nothing in return so I recycle. The money goes into my "gold fund" as it were.

It's not much but it's money I would "throw away" so why not make it into something?

 

gold bullish

gold now trading @$776.40 per ounce.

 

gold hit $780.20 per ounce

gold near $800.00 per ounce. now hit a recent high of $785.00 an ounce. silver reached a recent high of $14.29 an ounce.

 

Good sale time but careful buy

Gold is following the Oil prices right now. Oil goes down, so does gold. If good news starts coming from the middle east, oil and gold will drop. Gold will drop pretty substantially as well since it's due a correction. Good time to sell. If you buy, don't spend all your doe on it now, buy a little and then a little more later to cover for corrections

 

Mike, folks thought I was "nuts" when I posted this observation on the PCGS board a couple of years ago. Hmmmm, LOL...
http://forums.collectors.com/messag...did=426802&highlight_key=y&keyword1=screaming

 

hmm...
the Gold high today (Friday) was 785 while the silver high was 14.29.

well, luckily I have lots of silver sitting in a safe, so the more it goes up, the happier I am

 

The problem comes in deciding at what point to sell.

 

when to sell

There is no wrong time to sell when you are making a profit :mouth:

 

Yes some folks feel that way. Say I sell a 5 gram bar today for $135.00 and next Tuesday Gold hits $900 a troy ounce. If I waited four more days I could have sold it for $140.
Say I wait and don't sell it today. Next Friday Gold tanks and I didn't sell when it was high.
All this is a moot point for me anyway. I'll never sell any Gold until all my other coins are gone.

 

next week over $800.00?>

next week can, might or no way about the gold reaching over $800.00. take a guess folks.........i think it will.

 

Does the price factor in the weakening of the USD against other major currencies?

 

gold higher again

gold expected to reach $850.00 by next month. predicted by some analysts. currently traded at $785.65 ask.

 

elaine...