CURRENTLY: In UK/EU markets Wednesday, 9/1/2010 GOLD: $1,253.80 Silver: $19.48 Platinum: $1541 Palladium: $517 US market opening in an thirty minutes...
A New Month CURRENTLY: In US markets at the open for Wednesday, 9/1/2010 GOLD: $1,254.40 Silver: $19.43 Platinum: $1541 Palladium: $525
CURRENTLY: In US markets after the open for Wednesday, 9/1/2010 GOLD: $1,251.80 -- High so far today $1,256 Silver: $19.42 -- High so far today $19.51 Platinum: $1537 Palladium: $526
Just make sure it is your own decision based on your own analysis. Please don't take any action based on my [or anyone elses] recommendation.
The initial sales figures for the 2010 Silver proof set is approx. 242,000+, which is lower than the previous two years. The US Mint sales figures on everything except bullion ASE's also appear to be lower. I was wondering if this info means that we are experiencing higher prices on lower volume? If so that is bullish if the supply is not being artificially constricted. The lower volume would normally be assumed to mean that more buyers are being priced out of the market due to higher prices, but if supply of the raw material remains constant then lower volume would be expected to drive prices at best sideways if not down. I guess if I factor in the bullion ASE sales then Volume is actually UP, way UP, so is volume up or down? I'm confused by the numbers...help!
CURRENTLY: GOLD: $1,251.60 -- High so far today $1,256 Silver: $19.42 -- High so far today $19.51 Platinum: $1532 Palladium: $522
No not at all. I've been back and forth on this for quite awhile now. I am a rollercoaster myself just as much as the prices of PM's are... I didn't invest in PM's to make a profit. The 10oz bars I have are awfully ugly. I know that doesn't change the price so that makes me sleep better at night. But I think it would have probably been better for me to just go with ASE's....and you get them nicely fit in those coin holders.... I'm not done investing in silver, my goal hasn't been met yet....
CURRENTLY: dow up 2.2% GOLD: $1,247.40-- High so far today $1,256 Silver: $19.35 -- High so far today $19.51 Platinum: $1536 Palladium: $521
CURRENTLY: GOLD: $1,248.30 -- High so far today $1,256 Silver: $19.39 -- High so far today $19.51 Platinum: $1539 Palladium: $525
Yeah Elaine! Why isn't it up! You said we could see silver at/over $20 this week. Why so flat today? LOL! It's not really down much at all, it's just a calm stable day for metals. Check other business news today/this week: Dow up 2.22% at the moment. Reports of supposedly better consumer confidence this week. Reports on manufacturing good. Tech- Apple announcements today giving a boost to that sector. It's a new month of trading, usually Sept. is a poor month for equities so perhaps a bit more volume moving in/out of positions. Look for a move to PMs again after the US holiday. US markets closed next Monday. Just some factors to consider. CURRENTLY: GOLD: $1,246.40 -- High so far today $1,256 Silver: $19.39 -- High so far today $19.51 Platinum: $1540 Palladium: $524
just checked the currencies the dollar is stronger against the yen but weaker against the euro and pound
...and Canada? Oh!, she's up too. CURRENTLY: little to no change. GOLD: $1,246.40 -- High so far today $1,256 Silver: $19.39 -- High so far today $19.51 Platinum: $1540 Palladium: $522
Yeah, usually when CDN is doing well, it's the USD that's doing poorly. I haven't had my widget up lately since I've been using a new laptop so I still have widgets and other items I need to load up....
Tempting fools gold. I don't see these 6-coin 1986 SoL commemorative sets come up too often. The current bid is up to $660 and probably won't go too much further unless a bidding war breaks out. The set contains: 2 x 90% silver $1, 2 x 90% gold $5 coins and $2 clad halves in the presentation box. The gold content is .242 oz per coin, so pure intrinsic value is around $540 and the silver content is .7736 oz per coin, so about $27 at the moment. Shipping is another $12.50 on top of the final bid. Just sayin'...:halo2: