Next Level: GOLD $1,350.00

It's related, STRASBURG can buy a lot of PMs with his salary and at his young age, he can afford to be in it for the long term. :smile
Too bad he can't avoid the cream...

 

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CURRENTLY: In US markets...

GOLD: $1,233.70
Silver: $18.32

Platinum: $1541
Palladium: $457​

 

CURRENTLY: GOLD: $1,226.30
Silver: $18.19

Platinum: $1546
Palladium: $458​

 

uh oh, the exhale begins.....

 

Lol! :smile

And dealers need to replenish inventories too! I'm sure they've enjoyed the recent ride.

 

CURRENTLY:

GOLD: $1,229.10 -- High $1,237.50
Silver: $18.17 -- High $18.40

Platinum: $1536
Palladium: $455​

 

CURRENTLY: in UK/EU markets...

GOLD: $1,224.10
Silver: $18.05

Platinum: $1540
Palladium: $457​

US Markets open in about one hour...
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CURRENTLY:

GOLD: $1,219.50
Silver: $18.30

Platinum: $1538
Palladium: $455​

 

CURRENTLY: In the US market...

GOLD: $1,228.30
Silver: $18.44

Platinum: $1545
Palladium: $454​

 

LOL...yeah, he got three (3) cream pies that night!

I believe he's going against Cleveland on Sunday. I heard they sold an extra 10,000 tickets for that game!

Now for an "Elaine" style prediction...

The Nationals beat your "beloved" Yankees for the 2013 World Series crown...in six (6) games! :thumb:

 

read this article and thought I would share with anyone who may not have seen it. It is an article about vast mineral finds in Afghanistan. Since it mention gold, I felt it was appropriate.

One day I am going to learn how to post a link the correct way. Hope this works


http://frontier.my.yahoo.com/_ylt=A...14/world/asia/14minerals.html?no_interstitial

I am curious how this could effect the price of gold and other metals. You know the supply demand thingie.

 

I saw the headlines on Yahoo but did not read the article. This isn't an instant bummer for gold prices. It will take some time to extract the gold.

 

Yes I read this too, if there really is gold, I suppose the question is how much, so there's going to be a while before we know.

This is a horrible position to be in though, do you sell gold on the chances that it might drop?

 

Good question. The main thing is not to panic. Whoever is going to go after this underground deposit will have to go through the steps. First they have to obtain the rights to it. I think we will have some warning.
My position has always been a holding pattern. I have only sold 2 small gold coins and both were raw. Even though I made a profit, that sale shouldn't have taken place.
However I will rethink my buying now. Maybe I don't want to buy at these prices. Silver may be a better bet right now. The thing to do is watch what the advisors and commentators are saying. I like to read Franklin Sanders. So far they still say gold is due to go up.
As always, it's anyone's guess.

 

Yeah, we do have some time/warning. The scary thing is that there could be only 100 oz worth of gold there, and all it takes is the MSM to make a big deal, and gold could drop.

All they have to say is, "They've already found 100oz, how much more is there?"

Now you are basically using fear against gold, kinda ironic huh?

Secondly, there could be no gold AT ALL. That's the scary thing, it just takes headlines to bring gold down.

Then a year later after everyone has sold on the panic, "Ooops, looks like there's no gold after all..."

And guess who buys all the gold on the dip?

 

gold high - $1,237.90/oz.

 

As for my prediction of much higher gold and silver prices, everyone probably wants to know what I anticipate. To be conservative, I think that gold will easily surpass $1,300 with $1,500 a realistic possibility. For silver, I forecast that it will easily top $20, with the potential to reach $25. In the long run, I foresee much higher prices, but these levels would be a good start.



predicted by patrict a. heller. and i agree.

and for long run. $2,300.00 for gold. that's me. elaine.

 

$1300 when for gold?

And $20 when for silver?

 

I gut feeling predictions for gold and silver are somewhat "conservative". I think that silver will close at $23 (or higher) on December 31, 2010. I think that gold will close at $1450 (or higher) on December 31, 2010. Again this is just my gut feeling and I have nothing to back up my gut feeling.