Next Level: GOLD $1,350.00

new york gold high - $1,219.00/oz.

new york is open for business. krispy is still sleeping.

 

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Elaine today is a US National Holiday, Memorial Day, check the CME holiday schedule

EDIT European Market Holidays

 

gold is trading. check kitco. gold always open during some holidays for years now.

 

Elaine must be looking at the Kitco site...which shows New York as OPEN...which we all know is incorrect.

 

Elaine: As noted above "UK is closed for Spring Bank Holiday and EU are open I believe. Asian markets were and will be open, opening next for Tuesday later today US time. Even though US markets are closed you can still place order entries, modifications and execute cancellations." ...and yes, Kitco is automatically tracking any changes, both in the open markets as well as any actions taken in the closed markets.

 

In the PIG countries every day is a holiday and the rest of us has to foot the bill.Gold and silver bought before their money goes to zero.

 

"PIG countries"... Are you reading Animal Farm? :mouth:

PIGS, PIIGS or PIIGGS seems to be what you're after.

Maybe if/when the same crisis hits the US we can spin the acronym into something like, PIIGGS r US though I doubt Russia would like to be that little "r".

 

PIIGGS r US!! That's great!!! LOL.....

 

I guess their still lots of bull in the great USA.We will see what happens when the work-week starts.The CND dollar went up my bonds are holding their own gold is the big question.

 

CURRENTLY: Currently while Elaine sleeps... in Asian markets open for Tuesday 6/1/2010...

GOLD: $1,216.40
Silver: $18.59

Platinum: $1,567

Palladium: $470​

​

 

You know, I have a gut feeling when gold hits something say $1500, it will be anti-climatic....the world won't end and the sky won't fall....

If you go back 4-5 years ago when gold was much cheaper, can you imagine if you told someone gold at today's prices of $1216? They would probably think WW3 has started or something....

When gold hits $1500, $2000, it'll just be another day.....wonder where the DOW will be though at that point....

 

Go to the top of the thread in the tools to: 'search this thread' then enter the word 'DOW' and look back at all of Elaine's faith in monitoring the POG to the DOW. She adheres to that view.

Another little equation that's interesting to play with, take the DOW average ÷ POG = to the number of ounces it takes to buy the DOW. I'm sure you can also just search other sites for such charts as well.

 

I tried a couple different searches, always got the same results, basically a bunch of results, nothing specific to elaine or the dow.

I don't see a "search this thread" option?

So I went to advanced search, clicked on this thread, and keyword DOW. I still got a million results...

Anyways, what's the summary? That DOW goes down, Gold goes up?

Peter Schiff believes one day the dow will equal the price of gold....he's been saying that for awhile...

 

tool bar at the top of every page says "search this thread"

 

LOL I don't see it anywhere!!!??

 

look at the pic i just added

 

LOL!! Holy moly there it is!! I wouldn't have found that if I spent all night!!!

I overlooked it because I figured it was just local header for sorting kinda stuff....damn!!!

 

hmm, ok, so she believes gold follows the dow....dow up, gold up, dow down, gold down....

 

Seems pretty much her default setting.

 

lol, well I can see how the prices can be affected somewhat because of the ETF's right?

Then you have some economists like I said earlier that beleive DOW and gold prices will meet one day.

The answer is probably a happy medium somewhere in the middle....

And is it me or does it seem like there's a catastrophe somewhere around the world once a week?