Next Level: GOLD $1,350.00

after some bad news this week end. the gold still traded above $1,000.00 an ounce. that will be considered a strong support.

 

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gold up again. today's high $1,019.00. silver high is $17.35.

 

gold high - $1,044.80. look at survey report:

Where will gold end 2009? * 234 responses
Bling breakout...$1,500
57%
The high is in...$1,000
28%
Sorry MC Hammer....$900
15%

 

LOL! Elaine that reads so funny. I think the record high today brought out some humor in your post.

 

i posted that funny stuff to get some reaction from CT. so we can get more ideas. that survey is from http://www.cnbc.com/id/33193380

apmex is selling bullion 2009 am buffalo now at $1,112.27 per ounce. it stated an extreme limited available from them. well. who knows?.

 

tonight. gold open at europe and tie the all time record high at $1,044.80 per ounce. still bullish i think. see what's next at new york tomorrow.

 

all time record high again - $1,048.00 per ounce for gold.

 

looks like it slid back a little to 1046.30. Still incredible though.

 

All time record high for gold - $1,049.50

 

The last two days have been crazy. Who knows what gold will do? The gold market is not rational

 

While I wouldn't expect this to happen tomorrow, they have talked about taking the value off of the US dollar because of its weakness and using a "basket" of currencies. This would include gold. If that's the case then those of you with gold can simply enjoy the ride.

 

gold to $2,000.00. see this one below.

http://www.cnbc.com/id/33204585 this below.

 

gold to $1,500.00. another analyst predition. see below:

http://www.bloomberg.com/apps/news?pid=20601012&sid=a0m8QhfjdEG4

 

Right. I'm on the bus. What I'm hearing is that the oil barons no longer like the US dollar. In order to buy oil on the world market you now need yen, yuan, euros or GOLD. So there is a scramble to obtain gold. And that is in order to obtain oil. Anyone hear differently?
I am bullish although not buying into this high. I'll hold what I have and not sell. As long as it closes above a thousand every day I am on this wave.

 

Yup it's a buying frenzy. Only not me, not now. Either it will force the lows to stay above a thousand or I don't believe it. If the closing lows stay at any figure with four digits I'm buying into it.

 

Gold break all time record high again. Right now gold high is $1,055.30 an ounce.
silver high is $17.90 per ounce.

 

It may never be in three digits again!!

To the moon, Alice!

 

record high for gold is now $1,059.40 per ounce.
silver latest high is $17.95 per ounce.

 

Just curious...if there are all those "short" contracts out there for silver (as we've been hearing about in other threads), won't there be an even greater explosion in silver than gold...as investors "cover their shorts"?

 

I'm rooting for silver too. Back when it went up to $20 I didn't sell.
I quit buying when it cost $17 to obtain a one oz bar.
It is about time silver makes a move. Long overdue.