Gold $800.00, Silver $16.00 next target?

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which I believe is due to the dollar depreciating so the American purchasing market for gold has gone down

 

gold & silver

since we only knew gold and silver coins. it is better to have some rather than have nothing. dollar is depreciated. why not buy some gold and silver. to buy some other merchandise for profit is fine. but i don't have any knowledge of it.

 

gold at $794.00 per ounce

gold hit $794.00. silver at $14.52. gold should pass $800.00.........

 

Gold headed for big Drop Wednesday

Be warned....whether the Fed drops the rate or not (which they probably will) Last fed drop, gold was down $20 even before the announcement. Expect it to drop at least $20 or more in anticipation of the cut. Of course gold will bounce back shortly thereafter but be careful buying at these levels today and tomorrow. You could sell and buy back Wedesday if you are getting Spot :hammer:

 

I'm surprised the Mint has not raised there price again maybe they know that the Fed will drop the rate. Gold now at 788.00

 

u s mint based am eagle gold at $750.00

u s mint based american eagle gold proof and uncirculated series based at $750.00 during their upward the prices. so i think the currrent new prices were stay for a while. unless the gold go up beyond $800.00. then another change will certainly follows.

 

can the mint change its commemorative gold prices?.

the gold commemorative gold proof and uncirculated prices should be change again by the mint. because it is cheap compared to other gold products. take away the $35.00 that you donate to its organization. the remainding gold prices is quite attractive.

 

Which commemorative coins are you referring to? Only one I see is the Jamestown gold and it's well over spot price.

 

new commem gold

if the mint produce new commemorative gold uncirculated coin. let's based on the most conservative way of calculation by using american eagle (w) 1/4 gold unc priced at $219.95 each. now am eagle weight .250 oz while commemorative weight .242 oz. the result will be $212.91 for commem plus $35.00 donation equal to $247.91. how much is the price of jamestown gold unc.? $245.00.
but since the mint always put more premium on modern commem gold. thus the new price of commem will be much much higher than $247.91. to proof i am right. let's wait for early next year when the price of new commemorative gold will be.

 

Not sure if I understand what this is supposed to mean but your quote below of paying $35 over gold price for a 1/2 is not a good deal. You can buy them from dealers around $15 or so over spot. How is it a good deal from the mint at $35 over spot?

 

Ignorance is bliss.

 

Gold is down a few today so far Fed talks tomorrow.
WOW this Rhodium is up to $6,210 5 years ago it was 380.00 and as little as 2 years ago just 1300.00

Rhodium is a silver-white metallic element, is highly resistant to corrosion, and is extremely reflective. It is used as a finish for jewelry, mirrors, and search lights. It is also used in electric connections and is alloyed with platinum for aircraft turbine engines. Another use is manufacturing of nitric acid and used in hydrogenation of organic compounds. Rhodium usage is dominated by autocatalyst applications where it is used together with platinum and palladium to control exhaust emissions

South Africa is the major source, accounting for almost 60% of the world's rhodium supply Russia is the second largest producer, although its sales are, as with the other PGMs, volatile and subject to political intervention.

 

aluminum

in 1884, one day work labor cost $1.00. during that time, an ounce of aluminum cost $1.00 or $16.00 per pound. now a pound of aluminum cost around $1.12 or nine cent per ounce. everything is supply and demand.

 

Yes,

But refining aluminum was a very new process in 1884 - thus very short supply. It was still considered a somewhat precious metal at that point in time.

 

I just googled it real quick to refresh my memory. Saw some blurbs didn't get overly involved.

Don't think I was wrong. Refining was the key.

 

gold finally went down.

gold, silver and oil were finally corrected. but i think it will still break its recent high.