FYI it was before the move down camino claimed they were 'almost out'. and if you aren't happy with the camino example, how about the US mint? Since the 08' silver eagles were released, they have limited the supply of silver eagles to their 13 dealers, for the first time in 7 years. (the dealers wanted 5 times more per order.) Since the current move down they have HALTED supply.
recovery? after hitting new lows. it recovered somewhat..... low for platinum $1,283.00 low for palladium $264.00
European recession ? Looks like the Euro is going down. The dollar has nothing to carry it up. Housing in Europe is starting to show sign of a crater. Banks ,and banking firms who trade stocks next ? Nothing has made the dollar move by itself. If you buy gold, use it as another asset allocation . Whether you buy bullion, or a class of collectables will be determined by your knowledge base. If you have real estate, stocks, metals,and cash, there is just, what amounts do you allocate to each. Diamonds, that can be tricky with all the blood stones being sold.
new low new low for platinum at $1,056.00 per ounce. down 54.1% from its high. now the different between gold and platinum is around 36.6%. $1,059.00 (platinum) against $775.00 (gold). before it reached almost 136% between them. $2,302.00 for platinum and $1,028.50 for gold. it look like the platinum could fall below $1,000.00. because of poor automobile sale and weak demand.
platinum keep going down platinum hit a low of $1,032.00 per ounce or down 55.2% from its high of $2,302.00.
low to current price if you buy at these low prices. you should have make a profit: silver low 10.26 now 12.22 +20% gold low 736.10 now 868.00 + 18% palladium low 213.00 now 228.00 +7% platinum low 1,032.00 now 1,101.00 +6.7%
gold & silver gold, silver, paltinum and palladium. all went up today. gold pass again $900.00 an ounce to a high of $909.00 plus.
gold soar gold pass $900.00 an ounce before moving down a little bit. palladium hit a low @ $207.00 per ounce.
new low recorded palladium $194.00 down 67.72% from its high of $601.00 platinum $970.00 down 57.86% from its high of $2,302.00