Next Level: GOLD $1,350.00

Levels holding overnight for fools_gold... :smile

CURRENTLY: In UK/EU markets for Tuesday 8/3/10

GOLD: $1,188.40
Silver: $18.45
Platinum: $1598
Palladium: $515

US market opening in approx. Fifty minutes...

 

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Looks very good indeed....

 

CURRENTLY:

GOLD: $1,187.20 High so far today $1189.10
Silver: $18.47 High so far today $18.55
Platinum: $1601 High so far today $1603
Palladium: $517 High so far today $520

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Nice starting out good already. If I do sell today, I will make a promise to myself to buy back on the dips when it goes into the $17's... I believe right now for silver $17 is the floor, I would be very shocked to see it hit $16's ever again...but what do I know.....

As everyone has been saying, it's still a great deal no matter what under $20!!!

 

gold high for today is $1,191.90 per ounce. silver high is $18.64/oz.

 

CURRENTLY:

GOLD: $1,189.00 High so far today $1191.90
Silver: $18.54 High so far today $18.64
Platinum: $1599 High so far today $1603
Palladium: $513 High so far today $520

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Some light reading on gold...

A New Trend in 2010 is the Movement Toward Fully Allocated Physical Gold: UBS

http://www.caseyresearch.com/displayGsd.php?id=257

 

Quite a LARGE deal going on with Kinross/Red Back right now, from MineWeb.com

 

CURRENTLY: In Asia-Pac markets, overnight trading for Wednesday 8/4/10

GOLD: $1,194.60
Silver: $18.63
Platinum: $1598
Palladium: $509

 

Nice! What a steady rise since the beginning of the week....

 

CURRENTLY: In UK/EU markets for Wednesday 8/4/10

GOLD: $1,196.50
Silver: $18.56
Platinum: $1594
Palladium: $503

US market opening in approx. Fifty-Five minutes...

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CURRENTLY: At the US market opening for Wednesday 8/4/10

GOLD: $1,198.20
Silver: $18.66
Platinum: $1596
Palladium: $508

 

CURRENTLY:

GOLD: $1,200.90 High so far today $1,202.70
Silver: $18.66 High so far today $18.70
Platinum: $1597
Palladium: $507

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Good stuff! I like!!

 

CURRENTLY:

GOLD: $1,202.80 -- High so far today $1,203.40
Silver: $18.70 -- High so far today $18.72
Platinum: $1597
Palladium: $510

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Is this the part where we get rewarded for holding out? LOL...

I'm a little baffled by the upswing, there is suppose to be reports of bad UE this week right? If I remember correctly, usually that brings down the price of PM's??

 

gold high for today is $1,204.20/oz. silver high is $18.73/oz.

 

CURRENTLY:

GOLD: $1,202.80 -- High so far today $1,204.20
Silver: $18.72 -- High so far today $18.73
Platinum: $1598
Palladium: $510

 

Hahahaha. Hey Krispy, thanks for emphasizing the key words "so far". The day is still young and anything can happen to make it go higher.

 

I'd also like to make an interesting observation.

From what I remember, when silver was peaking in the high $18's and early $19's, gold was peaking as well around $1250-60'ish range. Now look at where gold is and how silver is beginning to peak again. So it's very possible for silver to be $20 one day with gold still being under $1300 no?