2011 GOLD high $1,500.00, SILVER high $24.00

gold all time record high - $1,313.80/oz.
silver 30 year high - $21.94/oz.

 

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Sep 29 2010 4:05AM NY Time
Bid/Ask 21.87 21.92
Low/High 21.80 22.05
Change +0.13 +0.60%
30DayChg +2.83 +14.86%
1YearChg +5.74 +35.59%

Sep 29, 2010 04:06 NY Time
Bid/Ask 1309.70 - 1310.70
Low/High 1308.80 - 1314.90
Change +0.70 +0.05%
30daychg +73.30 +5.93%
1yearchg +318.00 +32.07%

 

gold all time record high - $1,314.90/oz.
silver 30 year high - $22.05/oz.

 

silvers gonna blow through 24 pretty quick, every little resistance thats broken is adios muchachos and it'll be right off to the next point of resistance. its heading for unchartered waters soon

 

from the low this year to the high this year:

silver gained 50.8%
palladium up 49.9%
gold climbed 26.1%
platinum last with 14.7%

 

Sep 29, 2010 12:19 NY Time
Bid/Ask 1311.70 - 1312.70
Low/High 1300.10 - 1314.90
Change +2.70 +0.21%
30daychg +75.30 +6.09%
1yearchg +320.00 +32.27%


Sep 29 2010 12:20PM NY Time
Bid/Ask 21.93 21.95
Low/High 20.66 22.05
Change +0.19 +0.87%
30DayChg +2.89 +15.18%
1YearChg +5.80 +35.96%

 

Sep 30, 2010 04:01 NY Time
Bid/Ask 1311.50 - 1312.50
Low/High 1306.20 - 1314.20
Change +1.60 +0.12%
30daychg +64.20 +5.15%
1yearchg +304.20 +30.19%

 

Sep 30 2010 4:04AM NY Time
Bid/Ask 21.98 22.00
Low/High 21.81 22.06
Change +0.08 +0.37%
30DayChg +2.58 +13.30%
1YearChg +5.36 +32.25%
Chart

 

http://www.bloomberg.com/news/2010-...50-within-three-weeks-technical-analysis.html

 

Sep 30 2010 6:41AM NY Time
Bid/Ask 22.05 22.07
Low/High 21.81 22.11 (new high)
Change +0.15 +0.68%
30DayChg +2.65 +13.66%
1YearChg +5.43 +32.67%

Sep 30, 2010 06:40 NY Time
Bid/Ask 1313.50 - 1314.50
Low/High 1306.20 - 1316.00 (new high)
Change +3.60 +0.27%
30daychg +65.80 +5.27%
1yearchg +305.80 +30.35%

 

gold new all time record high - $1,316.90/oz.
silver new 30 year high - $22.12/oz.

 

Really? Can they do that? Do you mean all the Central Banks?

How will that affect Comex, London? I think they are independent of Central Banks.

When I think of Central Banks, I think of as having physical hands on precious Metals. When I think of Comex, I think of mostly paper PM trading and some actual metal. Am I way off? (PM me with an answer so I don't take the subject to far off course.).Thanks.

 

I'm not an expert on CB's. It was an article that came out a couple days ago. The Euro CB I believe put a halt. Check out this article.

http://edition.cnn.com/2010/BUSINESS/09/27/eu.central.banks.gold.ft/index.html

 

bulls seem to be in control of gold at this level. same goes for silver.

 

Sep 30, 2010 15:06 NY Time
Bid/Ask 1308.90 - 1309.90
Low/High 1295.10 - 1316.90
Change -1.00 -0.08%
30daychg +61.20 +4.91%
1yearchg +301.20 +29.89%

Sep 30 2010 3:07PM NY Time
Bid/Ask 21.80 21.82
Low/High 21.54 22.12
Change -0.10 -0.46%
30DayChg +2.40 +12.37%
1YearChg +5.18 +31.17%

 

Thanks Elaine. I did not realize the percentage move in Silver had advanced so much in the last 30 days. Your math for percentages is especially helpful in reviewing the prices. Thanks for the extra work.

 

if silver is going to break the all time record high at $52.50/oz. then the gold will have to go up to at least $2,200.00/oz. that is based on the silver-gold speed at a rate of 2 to 1.

let's presume:
gold at $1,350.00. silver at $23.00
gold at $1,375.00. silver at $24.00 my prediction for this year 2010.
gold at $1,450.00. silver at $26.50
gold at $1,575.00. silver at $30.50
gold at $1,650.00. silver at $33.00 my prediction for next year 2011.
gold at $2,000.00. silver at $45.00
gold at $2,200.00. silver at $52.50

 

let's check other prediction:

http://www.stockhouse.com/Columnists/2010/March/12/How-China-will-drive-silver-to-$250

 

There was a cornering of the market in 1980 in silver so I do not see why you would presume that the relationship between the two metals then and now have any bearing. They are separate markets, were then, and are now. Do you believe that the Hunt's or someone else will be cornering silver again?

Just FWIW, and not trying to disagree, but I saw the same predicted charts over years in 1980. They had silver going to $150 and gold to $1500 by 1985.

 

Sep 30, 2010 22:42 NY Time
Bid/Ask 1310.50 - 1311.50
Low/High 1295.10 - 1316.90
Change +1.00 +0.08%
30daychg +62.80 +5.03%
1yearchg +302.80 +30.05%

Sep 30 2010 10:43PM NY Time
Bid/Ask 21.84 21.86
Low/High 21.54 22.12
Change +0.10 +0.46%
30DayChg +2.44 +12.58%
1YearChg +5.22 +31.41%