2011 GOLD high $1,500.00, SILVER high $24.00

Wow that is pretty amazing regarding silver. I would love to see $20 since I wasn't around for the last time it hit $20.....

 

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Dave,
No offense taken! I myself was being rhetorical when I said 'we'. Your point as well as others is well taken.

 

Sep 6 2010 12:59PM NY Time
Bid/Ask 19.93 19.95
Low/High 19.83 19.99
Change +0.08 +0.40%
30DayChg +1.47 +7.96%
1YearChg +3.71 +22.87%

 

Sep 6 2010 6:03PM NY Time
Bid/Ask 19.93 19.95
Low/High 19.83 20.01
Change +0.08 +0.40%
30DayChg +1.47 +7.96%
1YearChg +3.71 +22.87%

 

Sep 6 2010 6:04PM NY Time
Bid/Ask 19.93 19.95
Low/High 19.83 20.01
Change +0.08 +0.40%
30DayChg +1.47 +7.96%
1YearChg +3.71 +22.87%

silver for the first time this year pass $20.00/oz. mark.

 

Well then that does it, the original silver thread for $20 must now be decommissioned.....

 

Bloomberg Financial News has an interesting article on Oil. I feel that the price of both Oil and Gold are related, so if Oil should decline then It might pull Gold down with it. Maybe not. You decide.
http://noir.bloomberg.com/apps/news?pid=20601087&sid=akeqQ46oqyTs&pos=6

 

Hmmmmm........I expect that those two predictions to come true on September 3, 2011 (exactly a year from the time that this thread was created).

 

I think that it would pull gold down, but only for a small amount. Eventually oil will no longer be traded on the U.S. dollar....and then We`ll see gold and possibly the other metals go much higher.

 

Sep 7 2010 8:45AM NY Time
Bid/Ask 19.96 19.98
Low/High 19.53 20.01
Change +0.11 +0.55%
30DayChg +1.50 +8.13%
1YearChg +3.66 +22.45%

 

closes in 8 hrs. 29 mins.
Sep 07, 2010 08:46 NY Time
Bid/Ask 1258.30 - 1259.30
Low/High 1244.00 - 1260.90
Change +11.70 +0.94%
30daychg +62.70 +5.24%
1yearchg +266.60 +26.88%

 

gold high - $1,260.90/oz.
silver high - $20.01/oz.

 

Sep 7 2010 8:51AM NY Time
Bid/Ask 19.97 19.99
Low/High 19.53 20.04
Change +0.12 +0.60%
30DayChg +1.51 +8.18%
1YearChg +3.67 +22.52%

 

silver high - $20.04/oz.
gold high - $1,260.90/oz.

 

Sep 7 2010 9:22AM NY Time
Bid/Ask 19.99 20.01
Low/High 19.53 20.04
Change +0.14 +0.71%
30DayChg +1.53 +8.29%
1YearChg +3.69 +22.64%

silver at least break $20.00 four to five times before fell back below $20.00.

 

Sep 8 2010 5:34AM NY Time
Bid/Ask 19.92 19.94
Low/High 19.85 20.06
Change +0.12 +0.61%
30DayChg +1.59 +8.67%
1YearChg +3.46 +21.02%

 

Sep 08, 2010 05:35 NY Time
Bid/Ask 1257.30 - 1258.30
Low/High 1256.40 - 1261.50
Change +2.10 +0.17%
30daychg +56.10 +4.67%
1yearchg +260.60 +26.15%

 

silver high - $20.06/oz.
gold high - $1,261.50/oz.

 

Forgive me for saying this, but short term, both Gold and Silver appear due for a technical price correction. When reviewing some technical , statistical analysis, of the price of both PM they appear due for a minor pull back, before they resume their long term appreciation. Maybe a buying opportunity.

 

I try to buy on the "dips" to reduce costs as many do. TC