Next Level: GOLD $1,350.00

Yeah I think she's crazy too. Maybe it's just too hard for some people even in the financial business to comprehend what is going on?

Wait, I thought the US mint was stopping sales on AGE's? Now it's ASE's too???

 

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Yup! Looks like I will be selling some of my silver eagles TOO!

 

You must not be in this for the money Yankee. With prices rising as fast as they are, I just can't imagine people not holding right now.

Wish you the best though!

Chuck

 

Yeah, it's a horrible ratio right now for silver. It's at a 63:1 to gold. Wait for the ratio to get better and you will get much better returns on your silver!!

 

Now I even have Pay Pall! That should make it easyer to buy!

 

gold high - $1,194.50 an ounce.

 

Since gold prices seem to hit a new high at night time for us, I expect the $1200 mark to be hit at some point while I'm snoozing....

 

gold all time record high - $1,195.70 an ounce.

sri lanka bought 10 ton of gold from IMF.

 

sri lanka bought 10 ton from IFM. that is 320,000 ounce of gold worth $375,000,000.00. the settlement price is $1,171.87 per ounce.

india earlier bought 6,400,000 ounce of gold from IMF at $1,045.00 per ounce. the amount is $6,700,000,000.00.

see how asia becoming richer and richer.

 

No more IT support from them! Send the jobs back here so we can buy gold ourselves!!!

 

additional:

mauritius (mostly indian) bought 2 ton or 64,000 ounce from IMF worth $71,700,000.00. the settlement price is $1,120.30.

india plan to buy additional gold from IMF. latest.

 

Russia buying Canadian dollars: http://www.cbc.ca/money/story/2009/11/25/russian-central-bank-to-buy-the-loonie.html

 

Yeah it will continue in other markets like it always does... but all US futures exchanges are be closed tomorrow due to the holiday.

 

Yankee, there's no need to shout. Here's a link for those who want to read it from Mint News Blog:

Gold and Silver Eagle Bullion Coin Sales Suspended

 

Yes, anyone who subscribes to the APMEX e-newsletters and alerts will have received their marketing e-blast regarding this news and if you read down a few lines they put in there that it's a 'temporary suspension' while stocks are replenished. You can go to their site to type in a max quantity to see just how much they actually have on hand, but there are plenty of other sellers out there if you are buying these products.

Here's the APMEX piece for those who are not subscribers (note that there was a lot of hot links on the product names to their website, which I have removed):

 

u.s. gold reserve total 8,133 ton or 260,256,000 ounce. worth $310,154,000,000.00. (based on $1,192.90 per ounce).

the gold reserve is usually in a 400 oz bar. so the u.s. have 650,640 pc of gold bar.

 

Now that's a big number to look at! :bigeyes:

 

gold break the record high again. this time by ten cents to $1,195.80 an ounce.

 

Easily could see $1200 this week in other markets.

 

gold now $1,196.00 an ounce.