Gold over $700.00

Why is that something to be hoped?

Are you holding a lot of gold you plan to sell, or are you just looking forward to having to pay a lot more for new mint products?

 

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over $750.00 next

next week, the gold will pass $750.00. what will be the new prices for am eagle gold unc and proof series?.

 

gold at $748.80 high

gold at $748.80 high. i estimated the new prices for gold proof and uncirculated american eagle will be as follows:

gold proof eagle:
one ounce - $849.95
half ounce - $434.95
1/4 ounce - $239.95
1/10 ounce-$129.95

gold uinc eagle:
one ounce - $809.95
half ounce - $414.95
1/4 ounce - $224.95
1/10 ounce-$114.95

by then, the new prices for american buffalo proof and the coming 4th spouse gold will be change accordingly. it will also affects the new modern commemorative $5.00 gold too.

 

Have you calculated new prices for the First Spouse 1/2 oz. coins?

 

gold downed

gold suddenly downed by $20.00 plus. for the meantime, Gold high is traded only at $748.80.

 

back to high

gold traded today higher. it almost touches its high at $748.80. platinum and palladium traded substantially high. silver follows but not much.

 

I'm willing to bet Elaine'll be back in a few moments to let us know that "gold has broken $750 like I said it would."

High of $750.50 today...

 

$751.80 high

well, what can i said?. your are right. gold hit recent high again. today high so far is $751.80.

 

new imagination figures for mint bullion products

i have to imagine and think of new prices for those u.s. mint bullion gold related products: (just take a guess).

at $751.80 per ounce of gold:

am eagle gold proof and uncirculated:
one ounce - $879.95, $849.95
half ounce - $454.95, $434.95
1/4 ounce - $239.95, $229.95
1/10 ounce-$124.95, $109.95

am buffalo gold proof:
one ounce - $879.95

spouse gold proof and uncirculated:
half ounce - $479.95, $459.95

modern commems gold proof & uncirculated:
0.242 ounce - $299.95, $279.95

note: be sure to buy those mint gold products still bargain at this time. next time, those old prices don't exist anymore.

prices are subject to change according to gold fluctuation.

 

Im just waiting for silver to go up

 

silver waiting

if the ratio of gold and silver changes from (55 : 1) to (50: 1). by using 50 : 1, gold at $751.80 high. silver should go as high as $15.04. who knows. let's wait.

 

silver at $15.00

i think it will push thru $15.00 soon. what you think?.

 

As J.P. Morgan said, "The markets will fluctuate."

 

up up and away

sorry, the gold hit a new high again at $754.70. silver barely touches $14.00. so my previous estimation should add another $5.00 to one ounce gold. and add few dollars to its lower denomination.

 

I, unfortunately, bought silver when it was at 14$ - a few months ago.
Because it was going up fast and didnt look like it was going to stop - let alone go down.
So it went up to like 14.25 or something(after I bought it), then started its downward plunge!
So Im probably going to wait a few years until it hits 16$+
(or unless I need the money sooner, lol)

 

They will fluxuate but over all, both Gold and Silver will be going up and up. Inflation is going up at an astronomical rate right now and there is no end in sight. The dollar is dropping by the day and that will continue. Bernacke sold the dollar out a few weeks ago. I think that Gold will hit over $1000 within two years and maybe $1300 in four years. The inflation rate will make sure of this. If you look at the food futures, the price of a barrel of oil, and the nosedive of the dollar index, you can see what is in store.

 

I dont know about the 16 to 1 ratio being historic. Where was silver like all through the 90's ? about $7 to $8 an ounce, that would have put gold at just over $100 when in fact gold was closer to $300 through the entire decade. Never was it
anywhere near $100 during the last 25 years. But i know when silver broke $10 it had already been going up big time. I remember getting silver eagles for like $8 during the 90's.

I agree with paland that gold is going to go up more. Im in the seattle area and when I go to the coin dealers they have thousands ( literally) of morgans and peace dollars and very little gold even back in the safe. When you ask them they say they dont have any. Yesterday I went to a big coin shop in seattle. NO buffalos, NO krugerrands, only 1 1/10 ounce Panda and a couple of eagles. He said he doesnt have any at all, said he wants to buy some. They all seem to be practically begging to buy.

 

I am by no means a rich man but I do watch the ratios. When gold first hit around $600 silver was high as well but still I think the best ratio was about 43:1. I highly doubt we'll see a 16:1 ratio again.

I sold off a few rolls of silver eagles at that time 43:1 and bought a few ounces of gold. I figure I only had about $6-7 an ounce in the silver so it was worth it. I paid about $610 for the gold per ounce but factor in what I paid for the silver originally and it's more in the $300 range. Glad I did it when I did.

 

gold high recent high again

gold at $760.80 per ounce. silver $14.08.

 

gold over $800.00?.

gold can touch or over $800.00 per ounce this week.