Gold $1,020.00, Silver $21.00 can it be?.

Discussion in 'US Coins Forum' started by elaine 1970, Feb 28, 2008.

  1. Troodon

    Troodon Coin Collector

    Well clearly it can't keep going up indefinitely... the trick is figuring out the right time to get off the roller coaster before it gets to the top and makes its way down... good luck figuring that out lol...
     
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  3. wesleyscott

    wesleyscott Senior Member

    Today the roller coaster is headed slightly down,
     
  4. TwoSon

    TwoSon Senior Member

    Yesterday I arranged the sale of healthy amount of U.S. silver coinage and several gold eagles of mine. Today when I saw the price drop I contacted my buyer and offered to cancel thier order so they could lock in a better deal however they declined:confused:.

    So today I replenished everything I sold and with the left over $ I purchased more. I'll probally just sell the extra later this month and lock in some decent gains. Just thought I would share.
     
  5. spock1k

    spock1k King of Hearts

    nice avtar are you seliing gold coins by weight?
     
  6. TwoSon

    TwoSon Senior Member

    I assume you're asking me.

    This particular trade was actually to someone I know very well on a personal level so I sold the eagles at spot and gave a little bit of a break on the silver. I should point out I am not "dealer" but simply a long time seasoned private trader/private investor if you that is what you want to call it. I trade bullion items as a "hobby" and make my living doing other things. However when I cash out my gains on bullion I like to pick up some very nice additions to my personal coin collection.:smile
     
  7. elaine 1970

    elaine 1970 material girl

    record high again

    gold $993.70 up 19.19%

    silver $20.88 up 41.46%
     
  8. elaine 1970

    elaine 1970 material girl

    silver break record

    silver break recent record at $20.99 per ounce. gold high is $993.70 per ounce. very soon we gonna say goodbye to $1,000.00 and below for gold. gold should be trading between $1,000.00 to $1,400.00 with a year or two.
     
  9. Leadfoot

    Leadfoot there is no spoon

    Elaine, As I hope you understand, silver/gold is nowhere near record highs, unless you fail to take into account inflation.
     
  10. elaine 1970

    elaine 1970 material girl

    silver passes $21.00

    silver passes $21.00 that i predicted to a recent high of $21.26. gold almost hit record high at $993.00. it's highest is $993.70. and now gold silver ratio is 46.707. this is another recent nearest between gold and silver.
     
  11. elaine 1970

    elaine 1970 material girl

    big correction

    palladium and platinum facing big correction. these few days downed heavily.

    palladium down 38.74% from record high

    platinum down 25.10% from record high
     
  12. spock1k

    spock1k King of Hearts

    best o luck trying to convince Elaine ;) you will need it
     
  13. wesleyscott

    wesleyscott Senior Member

    Platinum isn't down 25% from the record highs. It would have to be in the $1700's/oz to be down 25%.
     
  14. elaine 1970

    elaine 1970 material girl

    gold record high

    gold $998.50
    silver $20.78
     
  15. Philly Dog

    Philly Dog Coin Collector

    We can put the extra money in our gas tanks :eek:
     
  16. scottishmoney

    scottishmoney Buh bye

    Last summer when silver was $12.50 an oz, I couldn't get rid of it. Wonder if it will be easier to unload now at nearly $21 oz? :eek:
     
  17. wesleyscott

    wesleyscott Senior Member

    From what I hear and read, more people are buying than selling at today's prices for gold and silver.
     
  18. Philly Dog

    Philly Dog Coin Collector

    Gold did hit 1,000 now at 997.00
     
  19. elaine 1970

    elaine 1970 material girl

    gold at $1,000.00 per ounce

    gold today record high at $1,000.00 per ounce. up 20% since dec.31,2007. but other metals up more than double in comparison to gold. silver 44%, platinum 50.5%, palladium 65.1%. these were from their respective high.
     
  20. Magman

    Magman U.S. Money Collector

    I have a feeling I should sell my silver now... but then again, it seems like its going to keep going up for a while...
     
  21. Oldman

    Oldman New Member

    Gold 991.90[​IMG] 13.20
    Silver 20.515[​IMG] 0.560
    Platinum 2101.50[​IMG] 31.50
    Palladium 512.95[​IMG] 1.05
    3/13/08 11:59:14 AM CDT
     
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