Next Level: GOLD $1,350.00

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

  1. elaine 1970

    elaine 1970 material girl

    All time record broken again today. Gold at $1,059.60.
     
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  3. elaine 1970

    elaine 1970 material girl

    As of this writing:

    Gold $1,057.80
    silver $17.83
    platinum $1,342.00
    palladium $321.00
     
  4. Argento

    Argento Perplexed

    I like the part where elaine spams gold info ad nauseum.
     
  5. elaine 1970

    elaine 1970 material girl

    Give you more info: New high is $1,060.80 an ounce. And is heading to $over $1,100.00.
     
  6. krispy

    krispy krispy

    I don't know about $1100 this week. Not that it can't, surely PMs move that much in a day. You think so?
     
  7. elaine 1970

    elaine 1970 material girl

    Record erase again, it is now $1,062.40 an ounce. It is possible to reach $1,100.00 tomorrow or next monday. That is my guess. And i hope so.

    Krispy. I assure you. Those gold that i bought. Will never sell it until i really need them.
     
  8. krispy

    krispy krispy

    Sure it's "possible" and next week is another story, but I don't think we get to see $1100 this week. That's what I'm guessing.

    I know you only buy and hold and give to the family later. ^_^
     
  9. elaine 1970

    elaine 1970 material girl

    Type of metal --dec. 31,2008 -- today's high -- % gain

    gold ------------ $869.75 ------ $1,062.40 ------ 22.2%

    silver ---------- $10.79 ----------- $17.95 ------ 66.4%

    platinum ------- $898.00 -------$1,357.00 ----- 51.1%

    palladium ----- $183.00 ---------$326.00 ------ 78.1%
     
  10. krispy

    krispy krispy

    PMs breaking record highs deserve theme music! and so does elaine for all the updates and advice! Gold! [YouTube Video link]

    "Gold!
    Always believe in your soul,
    You've got the power to know,
    You're indestructable,
    Always believe in,because you are
    Gold!"

    <<<green18 ought to love this post! drama, celebration and music!:D>>>
     
  11. elaine 1970

    elaine 1970 material girl

    thanks krispy. actually i love music.
     
  12. elaine 1970

    elaine 1970 material girl

    Gold hit all time record high at london - $1,066.50 per ounce. Up 22.6% since dec 31, 2008.

    Silver hit recent high at $17.99 per ounce. Up 66.7%.

    Platinum high $1,370.00. Up 52.6%.

    Palladium high $339.00. Up 85.3%
     
  13. elaine 1970

    elaine 1970 material girl

    gold all time high at $1,071.00. silver this year high at $18.13.
     
  14. Boss

    Boss Coin Hoarder

    I am no expert of this subject, but I do know that China is dumping our dollars and the G 20 summit focused on selling off the dollar. As well Germany has been inquiring about getting it's gold OUT of Fort Knox to my knowledge. This would drive the price of gold up presumably
     
  15. fyha

    fyha Junior Member

    I believe the GOLD price will go down to $800 dollars range within next 6 months, because interest rate will go up as soon as economy recovering.
     
  16. fretboard

    fretboard Defender of Old Coinage!

    In a normal economic recovery that may be true, as far as I know the gold market has never done so well and that's far from normal. Not only that, this is the worst recession we've ever seen in anyone's lifetime. Some ppl don't realize what this means so I will try to explain it in a nutshell.

    You can throw all previous expectations and charts out the window pretty much as we are all in for something new. That something new is just starting to show it's head. The economy will be down for along time coming even though some indicators will show otherwise. The unemployment rate is as high as it's ever been and my guess is that nothing will change as far as gold inching it's way upward until more ppl get jobs. Jobs build security, anyways more to be revealed as we roll toward a better financial outlook. I think we can all agree, I love my gold and the current happenings therein. :thumb:
     
  17. fyha

    fyha Junior Member

    Normally, the job market is 6 months lagging and the stock market is 6 months ahead.
    The stock market is bring the paper well to millions household(comparing to 6 motnhs ago), then people are willing to spend more money and companies will hire more people. Economic cycle!
     
  18. fretboard

    fretboard Defender of Old Coinage!

    We will see as it will all be revealed. Your $800 in 6 months post, I just don't buy it. Do you collect gold, and if you do are you selling before this 6 month downturn of yours?

    http://www.coinnews.net/2009/10/13/us-mint-gold-coin-price-increases-again/
     

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  19. fyha

    fyha Junior Member

    Yes, I have been selling since it passed $1,000 and I will continue to do so.
    I collect some silver, gold and medal coins.
    I am looking to buy DZZ if I see the entry point.
     
  20. elaine 1970

    elaine 1970 material girl

    gold all time high is $1,071.80 an ounce.
    silver high is $18.13.
     
  21. fretboard

    fretboard Defender of Old Coinage!

    Well good to hear, we'll see in 6 months then but I'll be hanging onto my gold coins for now. In fact I'm upgrading a bit. :eek:hya:
     
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