gold up again at $875.20 per ounce. platinum also move up at $877.00. while silver inch a little bit at $11.33. i see gold to pass $900.00 during x'mas session.
latest mintage from platinum: proof: one ounce - 5,048 half ounce - 3,672 1/4 ounce - 3,909 1/10 ounce - 5,668 unc: one ounce - 4,084 half ounce - 3,415 1/4 ounce - 3,936 1/10 ounce - 4,643
the mideast crisis. the indian pakistan tension. i see the gold will move up again to $1,000.00 range.
platinum up over $900.00 for the first time since it collapsed. platinum closed at $901.00 vs: gold at $869.50. the lowest gap between the two rivalry is that gold traded higher over platinum at around $18.00.
How about that Rhodium? It was $10k an ounce this summer and now at $1100-ish Regardless there's a platinum proof I've wanted for a long time and lower prices may put it in my range.
gold prices keep moving upward. the mint might have to stop selling american eagle gold coins. or declare product not available.
Platinum was a good buy when it dipped under gold for a wee bit. I never see platinum for sale anywhere in my area, but it just happened to come across just then so I picked up some APEs at the very bottom of the market.
i also think so. platinum will be outperforming gold if the stock market recover. but i think the silver will be the fastest to go up.
A lot of people have this confidence in the appreciation of silver, I am rather afraid mine has slipped. It's industrial usage has slipped with the demise of film, and unless they can find a way to render it's alleged antibiotic qualities I suspect that for the time at least it will be a has been metal. Obviously the AU:AG ratio supports my assertion, lately it has been at 74:1.
Couldn't this be a two way street. If silver production goes down, coin values go up. Even though the ratio of silver to gold goes up. Am I misguided? I do not know the historic effect of this ratio.