I just noticed that AMPEX is now sold out of 1 ounce pamp gold bars as well as the smaller gold eagles! I have never seen them run out of pamps before! sales must be brisk to say the least! "GREED"
Judging by the technical charts on Kitco.com, my guess is that there is far more upside potential for plantinum than gold at the moment...especially as the auto industry recovers and Cap & Trade goes into effect.
I hope so! I have 2 ounces of Platinum eagles I got for $1100. each I would like to sell at $1300. Then I could get some beer to celebrate $1300. a ounce gold!
london spot price daily record closing: gold $1,011.25 silver $20.92 platinum $2,273.00 palladium $582.00 p.s. new york daily high is much higher than the above. like gold is as high as $1,033.90 and silver as high as $21.73.
That price is in the history books I am sure it will get up there again but not until the economy gets alot better it could take years!. I got just a small amount of Platinum just to get a small profit in order to buy beer to celebrate gold at $1300! My S.D.B. is plum full of gold coins and bars just waiting to sell at $1300! that's where my money is.
I concur, good point. I feel i) silver then ii) platinum then iii) palladium in that order have great potential especially while everyone is focusing on what gold is doing for it's flirting the psychological barrier and living up to the rally and hype of the moment, this month, fear during recovery, current weak dollar, etc. I do think gold will continue to rise this year and next as well, but don't overlook the opportunities in the other PMs right now. Silver has loads of room for exponential like growth in value and it's still a decent price range to be buying it at, as it's been pointed out plenty of times in the threads. Platinum just hasn't moved as gold moved up on platinum so its not been too jumpy if that's your thing and palladium has already climbed so high this year I put it at the end of my list for potential yet it isn't as popular nor graced yet with famous coin designs for the US yet. But it could really boost if the Mint gets around to that UHR in palladium and starts to compete with palladium Maples, others. Just my thoughts as of today. :thumb:
gold, platinum and silver down today. a good correction. i might buy some again. this time silver maybe.
You better wait to buy elaine. The price looks like its going down still. I read in the news today that the only reason gold got to $1000. was because some investment company named Barrick caused it to be so.http://seekingalpha.com/article/160752-is-barrick-responsible-for-1-000-gold