Next Level: GOLD $1,350.00

Shazam!

 

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You may get your wish.

If the Chinese actually follow through with raising the Yuan, that could have a positive effect on our trade deficit with China and (hopefully) strengthen the dollar. A stronger dollar should put downward pressure on PMs.

How long will that take? ...who knows?

There are a lotta assumptions in all this. It's equally likely that the Chinese are just "jawboning" the currencies and don't really plan on doing anything. It'll be interesting to watch.

 

In that situation, wouldn't the Chinese just be able to buy all the rest of the available gold and PMs on the market for less with the mountains of US dollars they have sitting around rotting in storage?

 

CURRENTLY:In EU/UK markets...

GOLD: $1,235.90
Silver: $18.75

Platinum: $1589
Palladium: $487

US Market opening in about an hour twenty minutes...
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CURRENTLY: After the US Market opening...

GOLD: $1,237.60
Silver: $18.83

Platinum: $1588
Palladium: $488


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CURRENTLY:

GOLD: $1,240.40 -- High so far today $1,243.70
Silver: $18.91 High so far today $19.01

Platinum: $1593
Palladium: $491

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Looks like yesterday was a down day. Metals holding up pretty well overall though...

 

yep slow and steady today

CURRENTLY:

GOLD: $1,241 -- High so far today $1,243.70
Silver: $18.85 High so far today $19.01

Platinum: $1589
Palladium: $489

US metals market closing in about 45 minutes...
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CURRENTLY:In EU/UK markets...

GOLD: $1,245.70
Silver: $18.93

Platinum: $1587
Palladium: $491

US Market opening in an hour twenty minutes...​

 

CURRENTLY: in US Market after opening...

GOLD: $1,243.70
Silver: $18.92

Platinum: $1585
Palladium: $491

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CURRENTLY:

GOLD: $1,240.60
Silver: $18.77

Platinum: $1575
Palladium: $489
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That's a pretty steep drop in silver? .92 to .77?

 

Any ideas for it?

CURRENTLY:

GOLD: $1,236.30
Silver: $18.67

Platinum: $1583
Palladium: $487​

 

CURRENTLY:

GOLD: $1,232.70
Silver: $18.48

Platinum: $1577
Palladium: $484​

 

Looks like the case of the Monday's!!

Not a clue what could be causing drops in silver AND gold now...

 

CURRENTLY:

GOLD: $1,228
Silver: $18.42

Platinum: $1573
Palladium: $480​

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WOW! There must really gold in afghanistan! WTF!

 

Well they sure got rid of the Brass over there real fast...

 

Touche!

You can say bye to Elaine, she won't be back for awhile now. LOL!!!

 

:bow:

CURRENTLY:

GOLD: $1,234.20
Silver: $18.49

Platinum: $1571
Palladium: $479

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