Next Level: GOLD $1,350.00

You've got to keep an eye on elaine's clever use of words... :bow:

 

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Some other recent articles I read that may be of interest in light of the recent upswing after the summer lulls:

If Gold's not at $1,500 and $2,000 in the next 18 months, I'm dead wrong - Embry

China announces plans to further develop domestic gold market

Beware the Dragon's gold teeth

...this last one is particularly an Op-Ed piece

 

Nice stuff Krispy. $1500-2000 is ok in my book. My question now will be so if we do get those numbers within the next 18 months now what? Do they continue to climb or hold steady for years, or drop back down? Of course no one can answer that, just something circling in my head.

It's probably safe to say gold's floor is around $1150 as I have yet to see it go that low in a long time now. I was never convinced the floor was $1200 even when we were peaking around $1260'ish...but I think $1150 is a good bet...

I've stopped watching youtube vids now on silver/gold as it's the same story anyways. Plus they are preaching to the choir.

Coming here, and reading a couple of articles here and there are good enough for me.....in a couple months it will be my 1 year anniversary of jumping into PM's! Time flies!!!!

 

Wasn't it Jefferson (or one of the founding fathers) who echoed the sentiment that, only land and gold could be considered as 'real' property?

Will PMs, particularly thinking of gold here, pop up (+) here a bit more with this news and another flight to safety in metals:

China Tells Banks to Stress Test for 60% Home-Price Drop [from Bloomberg.com 8/4/10]

 

CURRENTLY: In UK/EU markets, for Thursday 8/5/10

GOLD: $1,196.40
Silver: $18.39
Platinum: $1587
Palladium: $502

US market opens in about an hour and twenty minutes...

​

 

Gold holding steady, looks like we lost a little bit of silver.....still now too bad though....

 

CURRENTLY: At the US market open, for Thursday 8/5/10

GOLD: $1,198.20
Silver: $18.39
Platinum: $1585
Palladium: $502

 

gold high for today is $1,201.20/oz. silver high $18.49/oz.

 

'so far today' not necessarily 'for the day'

CURRENTLY:

GOLD: $1,200.30
Silver: $18.47
Platinum: $1587
Palladium: $502

 

Job reports out and aren't good, of course they are almost never good....

But hey, when the gov't claims UE is dwindling, is it because economy is getting better or there is only so many jobs lefts to make a claim for!!! HMMMmmmMMmm.....

 

CURRENTLY:

GOLD: $1,194.50
Silver: $18.32
Platinum: $1573
Palladium: $498

 

CURRENTLY:

GOLD: $1,194
Silver: $18.34
Platinum: $1575
Palladium: $497

 

Looks like a pretty flat day so far.....

 

Indeed. Opening bell blip gave Elaine a start but quickly withered back under $1,200

 

LOL yes as gold whithers, so does Elaine!!!!

 

She still hasn't told us "who's that girl" in her new avatar image...

 

Yeah I noticed that too....I'd like to know myself too, out of curiosity of course... =)

 

I'll wager it's "Charmaine Clarice Relucio Pempengco better known as Charice. A Filipina singer who rose to popularity through YouTube. Dubbed by Oprah Winfrey as the Most Talented Girl in the World, she is the first Asian artist in history to land in the Top 10 of the Billboard 200 album chart."


CURRENTLY:

GOLD: $1,196.80
SILVER: $18.36
Platinum: $1,569
Palladium: $494

 

http://www.youtube.com/watch?v=zY0GCl_fuFM&feature=channel

http://www.youtube.com/watch?v=UDVmIjICMhI&feature=related

 

Looks like I hit the nail on the head.

CURRENTLY:

GOLD: $1,196.10
SILVER: $18.36
Platinum: $1,576
Palladium: $500