Next Level: GOLD $1,350.00

Discussion in 'Bullion Investing' started by elaine 1970, Sep 11, 2009.

  1. krispy

    krispy krispy

    CURRENTLY:

    GOLD: $1,316.90 -- High so far today $1,319.10
    Silver: $21.96 -- High so far today $22.04

    Platinum: $1683
    Palladium: $577
     
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  3. krispy

    krispy krispy

    CURRENTLY:

    GOLD: $1,318.50 -- High so far today $1,321.80
    Silver: $22.09 -- High so far today $22.16

    Platinum: $1684
    Palladium: $582

     
  4. krispy

    krispy krispy

    CURRENTLY:

    GOLD: $1,318.50 -- High so far today $1,321.80
    Silver: $22.12 -- High so far today $22.17

    Platinum: $1687
    Palladium: $582
     
  5. krispy

    krispy krispy

    CURRENTLY: US market closing in just over an hour...

    GOLD: $1,319.20 -- High so far today $1,321.80
    Silver: $22.12 -- High so far today $22.17

    Platinum: $1683
    Palladium: $578


    Let's look at PoG and PoS in charts from Kitco.com - Charts comparing October 2009 to October 2010:

    Gold: October 2009

    [​IMG]

    Gold: October 2010

    [​IMG]


    Silver: October 2009

    [​IMG]

    Silver: October 2010

    [​IMG]
     
  6. lucyray

    lucyray Ariel -n- Tango

    Thank you for posting the comparison; I was thinking this morning about taking a look at one year ago, to see just how much gain has actually taken place over the year. Nice of you to take the time to do this. I like the gains:) :) As an aside, I read an article today about bull market; article said it began in 2000, and that bull market cycle is 15 to 18 years. We'll see..
     
  7. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    Down! Down! Down!!!
     
  8. krispy

    krispy krispy

    CURRENTLY: In Asia-Pac markets for Monday 10/4/2010...

    GOLD: $1,320.40
    Silver: $22.14

    Platinum: $1681
    Palladium: $577
     
  9. fools_gold

    fools_gold Junior Member

    I'm standing in Tombstone, Arizona.

    Tumbleweeds rolling by behind me....

    I stand with my hands by my hips ready to pull the trigger. I stare down the empty dusty streets.....no one is around me, everyone is home with their doors and windows shut....

    My only buddy is my golden retriever, named Buddy. Constantly barking at me, I think he's saying, "I'll be your huckleberry"....

    I think about my sleepless nights as my dollar devalues, night after night.....I need to make a decision, and I need to make it quick....

    Arriving ahead of me, a man, holding a bag of silver and gold.....silver and gold....I like the sound of that......


    He approaches me and says, "Do you feel lucky? Well, do ya punk?"

    And so ask myself, "Well, do I feel lucky?"

    I ask him, "What's the premium?"

    He says, "$60 over spot". With that super white teeth grin of his and a cigar hanging outta his mouth....

    I grind my teeth while staring him down.....

    Buddy here is growling at the man.....doesn't seem to like him very much......


    I'm skeptical of him, but I don't trust the greenback even more. My legs start to shake, oh wait, that's just Buddy's tail hitting my leg....

    I make the first move. I pull out my cash and make the swap before he raises the premium even more.

    I tell him, "This ain't better be fools gold or Buddy and I will hunt you down!"

    He says, "No sir, but if you ever need to sell that back you know where to find me, now have a nice day fella!"

    Buddy here keeps barking at me, I say, "What are you looking at? You hungry?" (I think he's hungry)

    So I tell Buddy, "Let's go hunt you some rabbits.....cause you can't eat gold...."
     
  10. sunflower

    sunflower New Member

    Cheerleaders get ready..
     
  11. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    Yep. I have my pom-poms ready to go. :)
     
  12. krispy

    krispy krispy

    CURRENTLY: In UK/EU markets for Monday 10/4/2010...

    GOLD: $1,316.80
    Silver: $22.10

    Platinum: $1677
    Palladium: $574

    US Market reopens in approx fifty minutes...


     
  13. krispy

    krispy krispy

    CURRENTLY: After the US market open for Monday 10/4/2010...

    GOLD: $1,314.90
    Silver: $22.02

    Platinum: $1673
    Palladium: $568

    September jobs report will be out this week Friday.

     
  14. krispy

    krispy krispy

    As Gold Prices Soar, JPMorgan Reportedly Reopening New York City Gold Vault

    The above links to a story from
    The Huffington Post [10/04/2010]

    CURRENTLY:

    GOLD: $1,315.20
    Silver: $22.04

    Platinum: $1673
    Palladium: $568

     
  15. 900fine

    900fine doggone it people like me

    The Huffington Post seems to have a negative fear-based approach to just about everything. Global Cooling, Global Warming, Gold Market Crash...

    Personally, I think gold will rise for quite some time. We'll see.
     
  16. krispy

    krispy krispy

    I have no agenda for citing that source for the story. THP is but one report on the story of the Chase gold vault in the headlines today.

    The FT carried the story but you need a subscription to read about it there. I just used the first link I could find today.

    Also, the WSJ reported on 9/22/2010 that JPM opened another vault in Singapore... this should have Elaine in delights of fancy. ;)

    JPMorgan Singapore Bullion Vault Opens Wednesday



    CURRENTLY:


    GOLD: $1,317
    Silver: $22.05

    Platinum: $1672
    Palladium: $565
     
  17. fools_gold

    fools_gold Junior Member

    Case of the Monday's? PM's not really doing much today although I'm not complaining.....

    I've been absolutely thrilled with its performance lately....
     
  18. fretboard

    fretboard Defender of Old Coinage!

    Absoultely!! I went to a coin show yesterday and one of the dealers was talking about gold hitting $2000 by the end of next year! What y'all think of that prediction? :D

    Not my prediction and posted for discussion only. :hail:
     
  19. krispy

    krispy krispy

    What's to discuss? Nobody knows how precious metals will perform. Be mindful of riding the wave of enthusiasm. Like any other wave, a time will come when it crashes, not necessarily a market crash, just a correction, but that could be severe and stunningly quick. A moment of fun leaves surfers broken, scattered and underwater.

    CURRENTLY:

    GOLD: $1,315.70
    Silver: $22.00

    Platinum: $1675
    Palladium: $564
     
  20. fools_gold

    fools_gold Junior Member

    $2,000 is too optimistic IMO by the end of the year. I don't doubt we won't reach that number one day, just not in the next 3 months......
     
  21. fretboard

    fretboard Defender of Old Coinage!

    Well it's by the end of next year, not this year.
     
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