Gold headed to $1,000.00. gold coin follow.

american eagle 1/10 oz proof gold coin is gonna sell out soon. hurry....

 

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now i got it. the gold will open at 6:00 p.m. eastern time. let's see how gold will open.....

 

I think the best thing to do now to invest on palladium!

 

the mint might suspend again the selling of all gold products. it's business. no matter they have a price chart.

 

yes, palladium. but few people buy that and very few people collect that. and to hear that you own palladium. not sound too good. platinum will be better. but i like gold and silver.

 

With the government going trillions more into debt, $1,000 gold has a very high probability of occurring. But it's easier to know what will happen than when. It might be this year, or might be next year.

 

Think of it as not profiting on the collapse of our country's financial system, but rather insurance that you have something to speak for after everything else is worthless.

 

They did suspend some sales last fall, claiming they could not get blanks.

 

Elaine,I don't own Palladium,because last time I went to buy a troy once of Palladium with a prize of nearly $180 they told me you have to pay $40 Commision on every troy once of palladium u buy! so $220,I changed my mind!!

 

yes, better not buy. $40.00 commission is too much. that's 22.22% mark up...buy gold directly from u.s. mint is my advise.

 

Elaine,I'm from Lebanon(Middle East) & not Lebanon(Pennsylvania)
so I can't buy anything from US MINT.

 

yes you can. shipping cost $14.95 plus $2.95 per item.

 

It's quite possible that Lebanon imposes restrictions on the importation of coins, is that the case here Hagop?

 

According to the US Mint website, Leabanon is not a country that they will ship coins to.

 

Sorry my friend,I don't understand you,that's vert hard english for me
what does the words: imposes & restrictions means?
make me understand with different words plz.

@elaine no I can't,they don't accept my credit card! I think any credit cards from such countries.

GOLD

is Exactly 900 right now

CHANGE of ^2.30
% CHANGE ^0.26%

source: Bloomberg.com

 

gold open higher. platinum and palladium higher too. silver down.

 

Gold down 10 points in Asian markets right now. Hope that doesn't happen here tomorrow morning.

 

Unlikely as we are their #1 source of income. We sink, so do they. It's kind of been a standoff for awhile now. We have each other between a rock and a hard place. If they do unload, we stop buying and have to make more production jobs here. I hope we stop buying before they call their loans!

 

If you knew what the political atmosphere in China is right now, you would not think it so unlikely. As many Americans have lost their jobs, many many more in China have. These are people that are starting to even demonstrate and takeover factories etc. With all of our woes here, this is not in the minds of the media - but it is there.

And you know, many of them are not blaming China for this, they are rightly or wrongly blaming America....

 

Overall, there will be more gold production than last year, even factoring in South Africa's decreased output due to power supply issue and difficult mining operations.

In my opinion, gold price is way overrated at the moment. There is a good reason why most of the European banks sold their gold back in the 80-90s and banks aren't THAT stupid. Gold is probably one of the WORST form of investment. If you want a 200% back return in gold, ain't going to happen.

Same reason with oil prices that occured last year - "OMG THERE ISNT ENOUGH OIL AROUND THE WORLD!!! QUICK BUY THEM UP!!!" which led to a total panic buy and a total price crash. Hello??? Just how much higher do you guys want gold to go up? 2000USD? Sure, people that used to buy gold can't afford buying because it's outrageous. There is a price where you say, no sorry it's too crazy and not afford it.

I'm furious that threads like this encourage some form of gambling and a totally skewed form of speculation.