Next Level: GOLD $1,350.00

Discussion in 'Bullion Investing' started by elaine 1970, Sep 11, 2009.

  1. fools_gold

    fools_gold Junior Member

    What did you see yesterday?

    DOW at -227 now, think we will close at 10,000? Only about 44 more points to go! LOL....
     
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  3. fools_gold

    fools_gold Junior Member

    I'm a little bit concerned about how gold is so closely tied with the performance of the DOW....
     
  4. SirCharlie

    SirCharlie Chuck

    Just my gut feeling. It's been really good to me, so I just live by it.
    I sold my AIB and IRE, but overlooked LYG, so I still have that one. I'm even on it right now, but I would have been better off if I had got it sold yesterday.
     
  5. SilverSurfer

    SilverSurfer Whack Job

    Maybe he read this.
     
  6. krispy

    krispy krispy

    Just noticed 2010 & 2009 ASEs unavailable at APMEX!

    AGEs still up for now.
     
  7. krispy

    krispy krispy

    WOW! looks like 1/4 oz Kruggerands flew off the shelves today too, not available now but were just a couple hours earlier!
     
  8. SirCharlie

    SirCharlie Chuck

    I gotta fess up.
    I sold my 2008-W $10 AGE. A guy offered me $950 for it and I just couldn't turn it down. Still unopened and fresh in the OGP. I know later I may wish I had kept it, but the profit was just too much for me to say no.
     
  9. fools_gold

    fools_gold Junior Member

    That's hindsight. There's no way to time the top or bottom anyways. If you're happy with your profit then that's what counts.

    It reminds me of a book I read about charging for your service. Don't worry about what other people are charging and what they are making. Charge what you are comfortable with and what you think your service is worth. Everyone should walk away happy.
     
  10. SirCharlie

    SirCharlie Chuck

    I'm happy with it. I wouldn't have bought one, but Elaine kept saying that it was gonna be very low mintage, and I was able to get one of the last ones the mint sold.
     
  11. krispy

    krispy krispy

    I think you did well and made the right decision at the right time. I had several of my pieces out for review this morning but didn't make any decisions yet. ;)
     
  12. SirCharlie

    SirCharlie Chuck

    I've had some thoughts lately that are not good. Wall Street is on a dive right now, and for some time I've thought that we could be on thin ice, and it could hit harder than it did back in March last year.
    Plus, we have the timing that our government all but guaranteed we would have another terrorist attack in the next weeks ot months. That would really be bad if the timing was right for them. Plus we are barely able to keep the hackers out of the government systems.....
    Lots of bad possibilities....
     
  13. fools_gold

    fools_gold Junior Member


    I'm not liking what I hear either. 2010 is going to be a very interesting year. Who knows if we might even enter yet another war?
     
  14. SirCharlie

    SirCharlie Chuck

    What happens to gold if this stuff happens?

    I would think it would rise pretty high, although it could be a delayed effect, but I think it would go even higher with 9 months.

    I guess we should just hope it doesn't happen.
     
  15. krispy

    krispy krispy


    ask you shall receive
     
  16. elaine 1970

    elaine 1970 material girl

    as i said it before. s & p will go down to 950.00 soon. you figure out your gold. will it be more or less at around $950.00 an ounce. remember the collector's items is moving upward due to low mintage. only the bullion coins will be affected.

    now by year end. i think gold will still heading an upward trend. possibly hit $1,350.00 high. and close at an average around $1,200.00.
     
  17. elaine 1970

    elaine 1970 material girl

    s & p close at 1,063.00
    gold close at new york - $1,063.20 bid, $1,064.2 ask.
     
  18. elaine 1970

    elaine 1970 material girl

    s & p close at 1,063.11
    gold close at new york - $1,063.20 bid, $1,064.20 ask.
     
  19. elaine 1970

    elaine 1970 material girl

    dow jones will go down to 8,500. the month of May might be the worst month. that's mean it is a down trend right now.
     
  20. elaine 1970

    elaine 1970 material girl

    platinum and palladium will go down big. see platinum down another $300.00. while gold should be steady at around $1,000.00.
     
  21. FlyGuyOG

    FlyGuyOG Junior Member

    Elain i can definatly see this happening! So if gold is at 1000, do you anticipate silver going down to 14xx?
     
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