Next Level: GOLD $1,350.00

Actually, :secret: it was Palladium that moved, pal!

 

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...and based on your comments towards me in other threads about this thread, it appears you followed me here and were purposefully being confrontational through sarcasm. your earlier post failed to convey "enthusiasm".

 

o yea well i won a spelling bee once..........so dont make fun of my spelling. Im taking my bullion and going home

 

CURRENTLY:

GOLD: $1,200.60
Silver: $17.80

Platinum: $1505 (no move since the last posting)
Palladium: $433 (no move since the last posting)
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Gold Dives ...do I see a buying opportunity?

$1,197.20 ...dive baby dive !

Come on $1150 ...come to papa

 

Why wait, you might miss your opportunity if it shoots back up tomorrow with a little rally in overnight trading/other markets...

CURRENTLY:

GOLD: $1,199.70
Silver: $17.78

Platinum: $1505 (no move since the last posting)
Palladium: $434​

 

I'm really glad to see it below 1200. I hope it stays there!

 

anyone notice this?

http://finance.yahoo.com/q/ta?s=^DJI+Basic+Tech.+Analysis&t=5d

 

Yeah, Dow levels were being discussed earlier today.

 

Yes you do boyee! :thumb:

Im planning on purchasing more.

Kitco's reason for price drop :"Gold on Thursday at least temporarily yielded its safe-haven status to the U.S. Treasury market, as bonds and notes gained at the expense of a slumping U.S. dollar and U.S. stock market after a batch of weak U.S. economic data was released earlier in the day. Weekly U.S. jobless claims were higher, while construction spending declined and a U.S. manufacturing survey was deemed disappointing."

It seems confusing to me? Other than predominant selling as they say in their price change box

 

Price Influence

I often wonder how much influence Mad Money's Jim Cramers comments have on the following days price of Gold or any other investment he talks about.
He did question yesterday why the price of Gold was not around the $600. mark instead of the $1,250. trading range.And today it drops 3.7% to below $1,200.The second biggest one day decline this year.
Is there a connection?

 

I could be wrong on this but Cramer is probably thinking that gold is still in a bubble and might be questioning why the gold bubble has not popped a long time ago. Just a wild guess.

 

His comments were something to the effect of Gold is suppose to be high in an inflationary period but not high in a deflationary period and it is doing just the opposite of what it suppose to do.I like to listen to him because he does do a good job of explaining things in simple terms,which most other financial pundits don't.Whether he practises what he preaches,thats another topic.From what I have seen lately he is bullish on gold within reason.

 

CURRENTLY: In EU/UK markets...

GOLD: $1,210.70
Silver: $17.97

Platinum: $1513
Palladium: $433

US Market opening for Friday 7/2/2010, in about forty minutes...
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CURRENTLY: In US Market at the opening for Friday 7/2/2010...

GOLD: $1,205
Silver: $17.82

Platinum: $1512
Palladium: $434


Payrolls in U.S. Fell 125,000 in June; Jobless Rate at 9.5% "Employment fell in June for the first time this year, reflecting a drop in federal census workers and a smaller-than-forecast gain in private hiring."
from Bloomberg.com 7/2/2010


(Jobless Rate was 9.7% in May)





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CURRENTLY:

GOLD: $1,205.40
Silver: $17.79

Platinum: $1515
Palladium: $439
​

 

payrolls fell 125000 dollars on average or or overall? or was that 125000 people?

 

Hey krispy check these out http://www.dhgate.com/gold-pandas-coin-1988-1-oz/p-ff808081257ca53501258265d7c978a6.html My friend turned me to this site a few years ago because he wanted to show me where he was getting all of his "authentic" football jerseys. I bought quite a few jerseys and you could compare them to the ones in the mall and there is no difference. Those chinese are like human copy machines. Anyways I got smarter and realized that I was supported a criminal enterprise, (even though paypal supports them) but I still like to look and see what they are selling from time to time. Needless to say if you ever look on ebay for something and think to yourself "how in the world do they sell that so cheap" you can prolly find it on this site LOL. Anyways just thought Id share this site so buyers can beware

 

not dollars, # of jobs (people)

Currently:

Gold $ 1,207.10
Silver $17.76
Platinum $1,507
Palladium $433

 

The site was down most of the day for upgrades but PMs kept plodding along and our precious metals still shine despite the new interface.

END OF WEEK in the US Market:

Gold $ 1,212.30 -- High today $1,213.20
Silver $17.89 -- High today $17.94
Platinum $1,505 -- High today $1,521
Palladium $436 -- High today $442