At the US open... Currently: Gold @ $1,141.40/oz. Silver @ $17.24/oz. Platinum @ $1585/oz. Palladium @ $449/oz.
Can we have this thread be a discussion about the price of gold and where it is heading? Posting the current price of gold every 10 minutes is silly.
taurus876 We are welcome to discuss and post things regarding the OP, and in so much as the title of this thread implies the discussion is set in regards to a specific price point of where gold is heading. But when will it achieve this price is anyone's guess and usually the spark of discussion. What say you on the subject as of today? Posting current fluctuations in the price of PMs isn't silly, in fact it often informs those who are subscribed to the thread, may not be watching commodities prices frequently and in turn sparks discussion from time to time when the thread otherwise has gone quite. You could also create a new thread on a similar topic if the discussion here doesn't suit your needs or liking... and please vote for my idea for a Precious Metals (PM) live market ticker for CT If this feature were added, there would be less need/desire to post up to the moment prices as it would appear in the side columns of threads on a regular basis for all our reference. If enough interest is generated in an idea to improve for the site the owner of CT may well consider adding such a feature. :thumb: Currently: Gold @ $1,140.80/oz. Silver @ $17.27/oz. Platinum @ $1588/oz. Palladium @ $451/oz.
Bob Prechter of the Elliott Wave International is scheduled to appear on Bloomberg TV tomorrow morning, 3/4/2010. Not sure what time, nothing listed on either of their websites. edit: I made an inquiry to EWI and got a prompt response:
Currently: In Asian markets... Gold @ $1,137.90/oz. Silver @ $17.17/oz. Platinum @ $1580/oz. Palladium @ $451/oz.
US markets opening soon... Currently: Gold @ $1,140.40/oz. Silver @ $17.37/oz. Platinum @ $1590/oz. Palladium @ $465/oz.
The problem is that nobody knows where the price of gold is going, or when. I think it's safe to say that most people here own gold either because they think it is going up, or for disaster protection. Posting that 100 times isn't any less silly than posting the gold price. It would make much more sense to have posts related to the analysis of gold mining, gold fabrication, and gold inventories, but that is probably outside of the scope and training of CoinTalk members who are largely collectors.
Prechter spent many years trying to convince people that the Dow Jones Industrial Average was going back to 800 based on the same analysis technique. Convincing speakers are not necessarily good analysts, and his Elliott Wave techniques are not highly thought of by most professionals. Prechter is more of a salesman in my opinion.
while gold and silver keep steady rising for many days. some of the apmex prices is not being updated. some even lower it down. hurry. shop and check it out. before they change the price.
Absolutely! Gold was slowly creeping up in price for the last six weeks and now it's slowed down and stuck at a certain level. I will assure you of one thing, there are millions of ppl who own gold because we think it still has a way to go like $1500 an oz and maybe beyond. When will that happen? Heck, I don't know, but I have some gold coins and I am steadily trying to think of ways to enhance the amount of gold coins that I have. I have gone out of my way specifically to talk to the mucky mucks about their feelings on gold and my final findings says it's going up, up and up some more.
I am holding some gold for the reasons that cloudsweeper mentioned. Everyone always talks about balancing your portfolio right? Well mine is a mixture of some gold/silver and cash. USD is still at 80. But we'll see where it stands later this year after the dust settles with the whole Euro debacle.... I can't wait to see where gold is at price wise in December 2010.
I came across his thread on Kitco, but it looked like one of those 100 pagers so I didn't read through it. You say he has been fairly adccurate, how long have you been following him? He is expecting gold to go up in April? What about March? This is a link to Ashraf Laidi. I have only been watching him for a few days, so I don't know his track record. He is long-term bullish on gold, but is expecting a pullback fairly soon. So I will know if he is correct fairly quickly. The gold video is on the right side of the page. http://bit.ly/4Un1wP He has been watching the $1135 level, which does seem to be an area of resistance recently. Anyway his videos are quick and fun to watch. .
Tonite watching coin vault they had some nice 34' 1000 & 500 notes. Started something new, they had a ms69 GAE 10$ for 599, that was guaranteed from the 1st box the mint shipped out. "Imagine you might be buying the very first 2010 AGE ever struck in the 10$". I watch this site, and read their reports http://www.gold-eagle.com/ . Steven
I wonder how they can guarantee that it came from the first box the US mint struck? Inside connection? or Straight BS? Well my guess would be straight BS, as mostly everything they say is total krap. I watched it for a few minutes tonight as well, when they had the Vegas 7 pound copper cents deal. Oh Gawd!! Don't even get me started on the CoinVault!!
US markets opening soon... Currently: In EU/UK... Gold @ $1,136/oz. Silver @ $17.33/oz. Platinum @ $1582/oz. Palladium @ $469/oz.
US open... Currently: Gold @ $1,130.60/oz. Silver @ $17.23/oz. Platinum @ $1573/oz. Palladium @ $467/oz.[/QUOTE]