Gold $1,020.00, Silver $21.00 can it be?.

That, combined with your above metals quotes should be a reason to be buying right now, not holding off. Why wait till the markets rebound and prices inflate before you buy...unless you just feel better about spending more for the same thing? Obviously, if you have 30,000 + coins, you hold onto them. So, why not purchase more for your money when the metal values are low? Am I missing something here?
Guy~

 

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1500 dollars for gold? Absolute bulls. Oil prices go down simply because people can't afford it. How difficult is that for people to grasp? It doesn't matter how scarce supply is - if it's too expensive, people are forced to use less unless you commit crime in one way or the other. I have been saying this the whole time - high metal prices are just crazy.

 

It may be a while before we revisit the extremely hgh prices we have seen in the past 12 months

 

buy more

certainly will be buying more between now and november. more?. really is not much. just the one i like maybe. there will be many more new coins in the near future from the mint. i will be tempted again and again to buy more from the mint.

 

wow, silver under $10. Currently at $9.54/oz. maybe its time to buy, but I think it still has a ways to drop, thoughts?

 

gold vs: platinum

gold and platinum getting closer and closer. the gap is now only $70.20 between them. gold $808.40 and platinum is $889.00. i see gold surpass platinum soon.

 

lol

I'm in the process of shifting some of my gold to platinum as I type this.

I doubt seriously that gold will outperform platinum over the next year or two (FWIW, I'm not a short term investor).

 

silver down but eagle mark up increase

while silver went down to below $10.00. we should have buy them cheaper at around $12.50. but guess what?. the dealers were selling (bulk) them around $ 14.50. and their bidding stay the old way. which is around $11.00 to $11.50.

 

new low

gold 697.40

platinum 769.00

different between gold & platinum is $71.60 only.

while silver & palladium also reached near recent low.

 

down again and agiain

silver new low $8.77

platinum new low $754.00

gold new low $697.00

palladium new low $162.00

gold and platinum different is only $57.00

 

gold and platinum down

gold down 32.23% since its record high.

platinum down 67.9%

silver down 58.8%

palladium down 73.04%

 

gold and platinum up

gold up almost $19.00 while platinum added $22.00 as of this writing.

 

gold vs: platinum

gold 750.30
platinum 848.00

it looks like gold will not catch up with the platinum.

 

Not surprising, platinum is MUCH rarer than gold and is an industrial metal as well. Gold isn't.

 

Platinum

I see that there will be a surplus estimate of 750,000 oz.
to 1M in 2009 . Auto sales and large trucks are some of the reasons. Volvo White had terrible numbers year over year in new truck sales. J.P. Morgan & RBC Capital managment
are quoting the surplus and some other mine analyst.

 

wow

in that case. platinum might go down to around $400.00 to $500.00. while gold should stay at the range between $700.00 to $900.00.

 

gold shine again

gold up $25.70 as of this writing. hopefully the mint will sell some more of the unwanted stuffs.

 

gold up today

gold currently traded at $741.80 an ounce. a slightly increase from yesterday. not bad.

 

Gold

In reality, the current hoarding of gold coin gold is selling at over 1K oz. When you look at E-Bay and others you would have to buy a large number of pieces of generic bullion to get any where near the spot price.

Pepperoni

 

Elaine, Is it really necessary that you update this thread daily? Anyone who is interested in the price of gold/silver/platinum can get this info in any of a number of places. I, for one, would like to see this thread move off the first page, never to be seen again. Respectfully...Mike