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CURRENTLY: After the open in Asian markets for Tuesday 7/6/2010... GOLD: $1,209.90 Silver: $17.83 Platinum: $1509 Palladium: $434
CURRENTLY: In Asian markets, overnight trading for Tuesday 7/6/2010... GOLD: $1,203.80 Silver: $17.69 Platinum: $1483 Palladium: $428
CURRENTLY: In other markets for Tuesday 7/6/2010... GOLD: $1,206.90 Silver: $17.80 Platinum: $1503 Palladium: $434 Came back up from some earlier losses...
CURRENTLY: In EU/UK markets for Tuesday 7/6/2010... GOLD: $1,209.40 Silver: $17.84 Platinum: $1527 Palladium: $443 US Market opens in about 30 minutes following the long Independence day holiday weekend...
CURRENTLY: Just after the US market opening for Tuesday 7/6/2010... GOLD: $1,205.70 Silver: $17.84 Platinum: $1526 Palladium: $437
CURRENTLY: Just after the US market opening for Tuesday 7/6/2010... GOLD: $1,201.30 Silver: $17.77 Platinum: $1525 Palladium: $439
I'm not sure why this has to be posted every 20 minutes. Coin Talk is not a bullion trading system, or an investors club. Does Peter really need to archive moment to moment spot metal prices for the duration of western civilization? Does it serve any Numismatics purpose? Why don't you just post a link to the market and be done with it. http://www.kitco.com/market/ Ruben
I am happy but surprised that silver is holding up very well while gold is taking a beating today. Silver was down only 0.02 to $17.79 when I last checked.
Ruben, you simply don't have to read this thread, subscribe to it nor opine about the posts of others if you have nothing on topic to say. But thank you for giving me the opportunity to describe some of my views on the matter. Despite your other comments that particularly spark controversial and heated exchanges in the Bullion Investing forum currently being weighed on the Future of the Bullion Forum Section thread amongst the other threads throughout greater CT where you are active and quite often disruptive, there's no reason to also come to this thread and do the same nor to speculate about what Peter intends to do with any archived conversation, let alone this one or any you've initiated as statement or soliciting discourse from others. Now, if you follow intraday metals price fluctuations and use that as a basis for discussion on bullion investing topics, speculate on the catalysts that cause such pricing moves, how timing can be beneficial or detrimental to ones investment, weighing the timing of one anothers speculations, the history of pricing cycles, and so on, then a thread like this with frequently updated price tics is a rather nice spring board for like and interested parties to converse. It is also entertaining at times, for some members to watch the exchanges of others, and it may even prove to be partly educational to others who marginally follow such a thread out of curiosity. If you had followed this thread prior to your comment today, then you would see the number of interested parties far outweighs the number of those like you who suddenly appear with critical comments about posting pricing updates and your glossary summation of its uselessness. You would also then find a number of conversations running and sprinkled throughout this one thread have maintained a fairly healthy exchange of ideas and perspectives on the topic. This thread also has a mirror in the Gold speculated price of $1,350, both threads initiated by elaine1970 in late 2009, active daily since that time... Ruben, you are far from original in thinking your comment here is capable of enlightening anyone not already aware of the redundant posts by yourself merely posting to demonstrate the futility of this thread. Some time ago I requested in Support & Feedback for A Precious Metals (PM) live market ticker for CT. I recently repeated the request in the Future of the Bullion Section thread, and suggested to others, like you, to redirect to my request thread when they appear here with a similar attitude to yours. You see, I've requested Peter at the very least consider adding a precious metals spot price module in the side columns of the Bullion Investing forum and I would certainly appreciate your support in adding such a feature to the Bullion Investing forum of CT. Others have suggested similar additions be brought here as well. I have illustrated the utility of such a module and others have echoed important benefits and customizations of adding such a feature. I think I have made a proactive attempt at solving this and pointed to the potential that using such a module (look in the upper right of that site) as supplied by Kitco or another bullion spot price provider, may keep CT post counts down (if it matters), keep traffic focused on CT instead of accessing other sites for the prices only to repost that info here (potentially loosing a member distracted by their off-site search in the process)... and possibly even using this module on CT to defray costs through advertising hits to a site like Kitco. And yes, if you had followed this thread, you would have known before suggesting it, that we here often cite the link to kitco.com/market for current pricing data. Thanks for reading this Ruben.
Greetings from Kensington. I believe you've misunderstood the reasons why Doug and Peter rejected the bullion ticker. The forum had discussed, and much of it privately, the issue of bullion specific investors in cointalk for many years. The section originally didn't exist, but the need to create it was driven by the overall interference of bullion COIN speculation on the US Coins section and it left the administrators with 2 choices. One was to eliminate Bullion Coin speculation from Cointalk, which Peter clearly didn't care to do. The other was to carve out a new section for it, which Peter opted to do. I can not speak for either Peter or Doug, but from how this evolved it seems fairly clear that the intention of creating this section was not to completely unleash speculatory forces and bullion sales people on the forum, but to provide an ample playground without turning the rest of the forum upside down. The result of that, however, is that the section has been treated somewhat as an black sheep of forums to the moderators. But my original posting still is valid and it was exactly what Doug had told you when you suggested the ticker. I'm sure anyone who seriously invests in the spot market has a bloomberg box or a browser open to real time trading information. Cointalk is about COINS, not a speculation on investments of raw gold and silver. Nor is it an investment branch and trading floor. Your using quite a few resources in order to post every few minutes the spot price on Gold, which is readily available from for profit organizations designed for bullion trading. And then there is the email flooding that happens every time this thread is posted to, which then echos out to the internet, causing untold numbers of bounce backs which chews up more of Peter's resources. Its not needed, and probably defies the spirit of the forum segment. Perhaps Peter made an error when he named this section "Bullion Investing" and that it should be renamed "Bullion Coin Investing" in order to make it more clear. Ruben
Down silver goes. How low she goes nobody knows.................. Silver down 0.24 to $17.60 as of 6:19 AM U.S. Eastern Standard Time.
CURRENTLY: In EU/UK markets... GOLD: $1,189 Silver: $17.67 Platinum: $1514 Palladium: $438 US Market opening in just under two hours...
CURRENTLY: After the US market opening... GOLD: $1,191.10 Silver: $17.69 Platinum: $1513 Palladium: $440