thursday am - $1,034.00 thursday pm - $1,040.50 friday am - $1,044.50 friday pm - $1,040.00 monday am - $1,052.00 monday pm - $1,062.00 average - $1,045.50 (three days) tuesday am - ????? tuesday pm - ????? wednesday am - ????? must average below $1,058.97 in order for the mint to lower down the price. currently gold price is $1,059.70 per ounce.
I always wonder why the Mint isn't more transparent with their production figures. Why should it be so difficult to get accurate numbers? Is there a residual paranoia at the mint, from the Nixon era?
Heck no. I don't think I am at all, I sometimes take big risk but my identity isn't one of a constant huge risk taker. No no, that's very dangerous. Sometimes I do just accept things as they come.
gold currently at $1,056.00. i think we are a little bit save to say that the mint will lower the price. gold since to go the same way with stock market. stock open every strong and then faded. so as to gold.
Or maybe they will say they changed the policy and decided if gold crosses 1050 in that week then they are sticking to the current price.
Elaine, I've been checking their numbers and I believe they run Wednesday PM through the following Wednesday AM...you forgot the Wednesday PM price ($1031,75)...that pushes the "remaining average price" up to $1065...if I did the math right.
Hmmm...I knew it said that, but when I ran the numbers I didn't come up with their final average. I just did it again and came out with the right numbers...my apologies.
Gold break all time record high today at $1,082.30 per ounce. 2009w american buffalo proof gold should increase its sales dramatically. The mint is lucky.
So much for a price break to $1,310. Elaine, why do you think that higher gold spot will increase sales of the 2009 Buffalo Proof? Aren't high prices and the premium of the buffalo coins to spot the major reasons for low mintages in 2008?
Instead of waiting mint another round of price reduction. The mint are now hoping another round of price increase instead. If average gold price pass $1,100.00. Then the mint gold products will be: 2009w american buffalo one ounce proof gold coin - $1,410.00 2009w american eagle uhr one ounce uncirculated gold coin - $1,489.00 2009w spouse's gold 1/2 ounce proof gold coin - $729.00 2009w spouse's gold 1/2 ounce uncirculated gold coin - 716.00 as of this writing. The price of gold is $1,079.60. High is $1,082.90 per ounce.
to belisarius. there is no definite answer to your question. no body can tell the future. and anything can happen right away. just like the stock market. or even like the gold today. people's predictions and mintage are only a guide. but a guide is better none nothing.
Initial Proof Sales = 19,468 http://mintnewsblog.blogspot.com/2009/11/2009-proof-gold-buffalo-sales-at-19468.html