Next Level: GOLD $1,350.00

parity! one world currency!! armageddon!!! LOL!

 

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CURRENTLY:

GOLD: $1,221.40
Silver: $18.98

Platinum: $1,675

Palladium: $503​

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Who would have thought CANADA would have stronger currency.....

I mean....CANADA?

 

They did rank like 3rd in the metals count in the Olympics this year also! Must be their time in the global spotlight.

 

CURRENTLY: In UK/EU markets...

GOLD: $1,207.20
Silver: $18.55

Platinum: $1,618

Palladium: $472

US Market opens in about 50 minutes...​

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Fortune has a story about Gold at $800 in a year or two.

http://money.cnn.com/2010/05/19/news/economy/gold.price.collapse.fortune/index.htm?hpt=T2

 

CURRENTLY: At the US market open...

GOLD: $1,205.10
Silver: $18.52

Platinum: $1,626

Palladium: $476​

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high - new york
gold - 1,212.40
silver - 18.71
platinum - 1,627.00
palladium - 479.00

low - new york
gold - 1,203.40
silver - 18.43
paltinum - 1,613.00
palladium - 468.00

low - other part of the world
gold - 1,201.20
silver - 18.39
platinum - 1,600.00
palladium - 461.00

 

CURRENTLY:

GOLD: $1,210
Silver: $18.62

Platinum: $1,625

Palladium: $479​

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CURRENTLY:

GOLD: $1,208.60
Silver: $18.60

Platinum: $1,622

Palladium: $480​

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Interesting article. I suppose anything can happen....I quickly read it so I'll have to reread it again to see if I missed anything.

But is it me or do these companies never sound pro gold?

I don't remember the last article from MSM that ever said, "Gold in high demand, gold prices set to $2,000...."

The only pro gold articles are usually more less known websites or those economic websites that I read from time to time...

They could be completely right though, it's anyones guess, I'd like to see a past article from Fortune talking about gold today at around $1200...

Is there one??? If they can predict gold at $800 in around 2 years...

Let's go back 2 years from now and find them predicting gold at $1200 today....yes.... no???

 

CURRENTLY:

GOLD: $1,198.10 -- Low $1,192
Silver: $18.31 -- Low $18.14
Platinum: $1,609 -- $1,597

Palladium: $467 -- Low $456​

 

I read it too. It was really an overview. The top half of the story was for the glossary readers and seemed to exercise caution. The rest didn't really take much of a stance but tried to repeat much of what you and members of these threads likely already know about PMs. For me the article wasn't really worthy of editorial comment, maybe it was just published as an eye catching headline in a week after a significant spike in PMs finally takes a break. I also don't fully agree with the assessment of of the hedge fund manager at the end of the article. People are buying gold, it's running out on bullion dealers web sites (unless the dealers are artificially representing their inventories that way) and while economies do seem to be working furtively to rectify from further crisis which we still seem to be dangerously near, I don't see individuals selling their gold off, nor getting the prices they want for it, as individuals don't seem to be buying much from one another on secondary markets-- instead buying is happening between dealers and individuals. The article ended rather ambiguously with that bubble statement as well without providing any counterpoint to it.

You're right to wonder about past predictions given for this time period compared to current predictions about the future prices before you accept what these articles and institutions espousing them have to say, but then you are more appraised of the proliferation of BS in the media to steer clear of.

 

CURRENTLY:

GOLD: $1,196.10 -- Low $1,192
Silver: $18.25 -- Low $16.67

Platinum: $1,615 -- $1,584

Palladium: $468 -- Low $450​

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CURRENTLY:

GOLD: $1,191.50 -- Low $1,185.90
Silver: $18.11 -- Low $16.67

Platinum: $1,608 -- Low $1,580

Palladium: $464 -- Low $449​

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My thoughts on PM's today.....


http://www.youtube.com/watch?v=i18nSZBgOfs

 

CURRENTLY:

GOLD: $1,193.10 -- Low $1,185.90
Silver: $18.19 -- Low $17.92 -- [corrected from earlier kitco report $16.67]

Platinum: $1,607 -- Low $1,580

Palladium: $464 -- Low $449​

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low - other part of the world
gold - 1,177.50
silver - 17.70
platinum - 1,510.00
palladium - 412.00

 

From this article:

"Their reasoning is simple: investors are keeping prices high even as demand from non-investors is cratering"

Yet this one states

"Gold will likely rise further as investors, concerned that European monetary expansion will spur inflation, seek a haven, Aram Shishmanian, chief executive officer of the producer-funded World Gold Council, said yesterday in an interview in Lima, Peru. Gold will also climb as supply fails to meet growing demand from ETFs and the jewelry and nanotechnology industries, he said."

http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2010/05/20/bloomberg1376-L2PTJ40D9L35-1.DTL

So, who do we believe? The producers themselves or the analysts?

 

hmm with the way prices have been falling, the analysis might be more correct?