I don't think we will see much movement today. It's probably a short day for many today, if they're not off work already, ahead of the Memorial Day holiday on Monday 5/31. Closed for Memorial Day / Spring Bank Holiday: LME / COMEX / NYMEX
CURRENTLY: GOLD: $1,207.40 High $12,15.30 Silver: $18.37 High $18.54 Platinum: $1,559 Palladium: $475
No Fox News fear mongering here! This one is from CNBC! Say what? Dollar Primed for Collapse by End June: Charts http://www.cnbc.com/id/37349789
gold selling at $1,700.00 per ounce in Greece. http://www.zerohedge.com/article/greek-scramble-physical-brings-gold-price-1700-ounce
Selling for or sold? Who's buying there at those prices? Anyone? Article sounds more a cash-for-gold gauntlet preying on people's fears and limited access to security in paper assets.
Interesting, I could see that happening in a place of possible economic collapse. However, since their currency is for most of Europe, not just Greece, it would be a very different situation if it happened here. If it is true, maybe we should take that trip to Greece....
don't overlook the fact that there's the little issue with importing/exporting quantities of gold and/or cash to and from... you might end up on an episode of locked up abroad esp. if policies become harsher to control such movement of metals
Laws just keep honest people honest...the terrorists don't seem to have much trouble moving their money/PMs around.
because they have an endless supply of 'honest' people to exploit doing if for them, or blackmailing them to do it for them.
CURRENTLY: Currently In Asian markets for Monday 5/31/2010... GOLD: $1,213 Silver: $18.39Platinum: $1,557 Palladium: $460 US Markets closed Monday 5/31 for Memorial Day holiday observance & UK for Spring Bank Holiday...
How exactly do PM's work on holidays such as today? Even though the markets are closed I still see prices changing?
UK is closed for Spring Bank Holiday and EU are open I believe. Asian markets were and will be open, opening next for Tuesday later today US time. Even though US markets are closed you can still place order entries, modifications and execute cancellations.
Interesting gold at $1216.17 right now. I wonder if it will sneak up today while everyone is out BBQ'ing.... Scratch that, now it's $1216.90, almost approaching $1217.00 Silver not doing too bad...