Next Level: GOLD $1,350.00

Currently:
Gold at $1,124.90/oz. low: $1,117.10/oz. high: $1,137.40/oz.

Silver at $18.35/oz. low: $18.18/oz. high: $18.51/oz.

 

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gold $1137.30 silver 18.58 copper 3.32 good so far wait until the end of 2010

 

What is going to happen at the end of 2010?

 

Your U.S. dollar will drop and gold will go up in value....

 

just gone back to $1145
its up its down where to next
dave

 

Either the majority of people are really NOT that into gold which explains why gold is still affordable, or the USD is really that strong no matter how much printing we're doing.

I've been hearing that gold, adjusted for inflation, should be about $2400 right now and it's not. So I just don't know...?

I wonder if it's going up because of Cali's new A minus rating from S&P... I was going to pull the trigger when it hit $1124 last night but I figured I had some breathing room to purchase today. Guess not.

It's moving up pretty fast.... but as I've seen before, it can quickly come down just as well....

 

Your deficit is in the trillions and climbing every second U.S. doesnot have gold bullion to back up its currency thanks to Nikon in the seventies.I would rather have gold than the us dollar in my bank .

 

I understand that and have mentioned that many times in other posts. It seems the only people who don't understand this work in Washington.

But the point is, even with all this quantitative easing, gold still has it's dips, and sometimes pretty big dips. I've joked many times that if gold can dip with our 106+ trillion unfunded liabilities, heck print more! It's obviously not affecting golf that much (sarcasm).

There are other factors that come into play though with these short term ups and downs....

Over the long haul, the debasing of our dollar will continue and gold will climb accordingly....

 

Now if we can get all that hot air from both goverments it will melt our snow then i can go golfing

 

I disagree.

But I digress.

Goldbugs keep talking amongst yourself.

 

Fore!



Currently: GOLD in Asian trading @ $1,143.80/oz.

 

I know the old guy likes to have the last say if he gets cold he can burn some of his paper money heeehaaaaa

 

Currently: GOLD in Asian trading @ $1,144.90/oz.

 

The price of gold is closely tied to the the dollar...which is closely tied to interest rates. The Administration will likely keep the Fed funds rate near zero through the mid-term elections, but may be forced to raise rates shortly thereafter in defence of the dollar.

I suspect gold will rise through Summer 2010 (depending on what China does), but begin to weaken in late summar or early fall as traders anticipate post election rate hikes. I'm not accumulating any more bullion for at least the next 12 months. I may even sell some heading into the summer months.

 

Welcome back again! You keep disappearing on us!

 

buying more stuff on ebay no rest for the wicked

 

Hey Krispy i have 1898 canadian dollar bill in vg grade what the oldest american bill you have

 

the price of gold fluctuated side by side with s and p 500 index.

gold currently traded at $1,144.00 ask.
s & p close at 1,145.68

 

What? Where'd that question in this thread come from?

It would probably be this 1917 $2:

 

See you guys going back to ebay lattttter