Next step silver - over $20.00

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

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

 

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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I think the summer "dip" may be over. Congrats to all who bought in over the past 2 weeks! :thumb: TC

 

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

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

 

CURRENTLY:

GOLD: $1,201.10 High so far today $1,202.70
Silver: $18.66 High so far today $18.70
Platinum: $1597
Palladium: $509

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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

 

Both commodities appear to have reached new price floors yeah!
I

 

ehh, may want to wait a week and reconsider. That China news gave it a bump

 

I'd be ok with silver making another dive to around $16 or so... I'm a hoarder

 

OK, I'll bite. What happened in China today?

 

no kidding. i'm curious now...

 

There are some links (1) earlier today in the gold thread that I posted that may help shed some light on things, regarding gold mainly. and yesterday some: links and fools_gold's link

 

Does it taste like kung pao chicken?

 

ok, explain this to me please... how does gold affect silver? all those articles talked about gold.

 

which is why I said in my post, "regarding gold mainly" and why those were put in that thread

 

Danr: I see your BSA finally "officially" sold out, the hype certainly had some time ago!

 

From what I'm readin' Chris, I would think that a price spike would ensue regarding precious metals.

 

They do seem to be leaning to that direction. Some had forecast this months ago, but there now seems to be a bit more conservative ranges being given for the rest of the year.

 

I'm glad they are sold out it's what BSA deserves... I think everyone should be involved in boyscouts/girlscouts one way or another I was an Eaglescout and so were my 3 older and 1 younger brother... we were told that a family in Arkansas also had 5 brothers that were all Eaglescouts too...so we share the record with them it seems... but seriously scouts was one of the best things to be in when I was a kid and now that I'm older I'm just thankful to be able to be an Assistant Scoutmaster

Alex