since last trading day of december last year: palladium up 41.5% silver up 25.7% gold up 19.5% platinum up 12.4% since low of this year 2010 to current high: palladium up 47.8% silver up 46.7% gold up 24.8% platinum up 14.4%
Sep 24, 2010 09:21 NY Time Bid/Ask 1299.00 - 1300.00 Low/High 1290.90 - 1301.30 Change +6.50 +0.50% 30daychg +59.00 +4.76% 1yearchg +305.30 +30.72%
Sep 24 2010 4:02PM NY Time Bid/Ask 21.46 21.48 Low/High 21.09 21.49 Change +0.32 +1.51% 30DayChg +2.52 +13.31% 1YearChg +5.26 +32.47%
In three months anything can happen and will. For the first time in a while, I have seen traders go home with positions on Friday. Monday is liable to be up , or down. Pep
Yup and it's certainly not over yet, there will be a definite and certain heave-ho in the price of gold and the naysayers will simply have their mouths open with nothing to say!! I love it when the naysayers have nothing to say!!
Sep 27 2010 10:04AM NY Time Bid/Ask 21.42 21.44 Low/High 21.38 21.65 (new high) Change -0.04 -0.19% 30DayChg +2.31 +12.09% 1YearChg +5.38 +33.54%
This article may help to explain the sharp appreciation of PM today - http://noir.bloomberg.com/apps/news?pid=20601087&sid=aoB6cWYcz8Yo&pos=6
Sep 28, 2010 12:53 NY Time Bid/Ask 1309.30 - 1310.30 Low/High 1278.60 - 1310.60 Change +14.70 +1.14% 30daychg +71.20 +5.75% 1yearchg +318.80 +32.19% Sep 28 2010 12:54PM NY Time Bid/Ask 21.74 21.76 Low/High 21.05 21.76 Change +0.28 +1.30% 30DayChg +2.63 +13.76% 1YearChg +5.58 +34.53%
Good read. That seems to explain very much today's spike. It was down overnight and I had thought that our pullback was in full swing.....but this article changed it all....
Wait until Friday again. If traders go home with positions ( No sell off ), Monday will be like this Monday was. It takes fortitude to carry home a large position knowing you could get slammed after two days of thinking about profits. That position tells you that most consider gold to be long term UP. So were "Pet Rocks" !
Good article.....but nothing that some of Us have not been preaching about for the last 5 years. China has the U.S. by its ball bearings. What can We do at this point? Increase taxes on their inferior products?.....Nope, they own too much of Our debt. (as this article stated) Try to even the trade deficit? (aka China sending over fully loaded cargo ships, while We send them almost empty ships in return) All they need to do is threaten to sell those junk U.S. treasuries and We`ll see how fast empty suits like Geithner fold. Total joke what the U.S. has become, and I want to hurl just thinking about how both parties have emboldened countries like China. Look on the bright side though......the PMs are on the rise. Make mine .999.
Pretty funny but sad statement. China sends us fully loaded cargo ships, and we send them empty ones for refills....oh what has my country tis of thee become!!!??
Bid/Ask 1311.10 - 1312.10 Low/High 1309.70 - 1313.00 Change +2.10 +0.16% 30daychg +74.70 +6.04% 1yearchg +319.40 +32.21% Sep 29 2010 12:21AM NY Time Bid/Ask 21.87 21.89 Low/High 21.82 21.93 Change +0.13 +0.60% 30DayChg +2.83 +14.86% 1YearChg +5.74 +35.59%
http://noir.bloomberg.com/apps/news?pid=20601087&sid=a3VRGK96RhZg&pos=5 Gold to Silver Ratio below 60 - first time in 11 months...This is insane and a little scary!
Sep 29 2010 1:23AM NY Time Bid/Ask 21.87 21.90 Low/High 21.82 21.94 Change +0.13 +0.60% 30DayChg +2.83 +14.86% 1YearChg +5.74 +35.59% Sep 29, 2010 01:22 NY Time Bid/Ask 1310.70 - 1311.70 Low/High 1309.70 - 1313.80 Change +1.70 +0.13% 30daychg +74.30 +6.01% 1yearchg +319.00 +32.17%