PMs dropping fast today! buying opportunity soon?

I dont know whats going on but PMs are dropping fast! How low will it go?. I am hopeing for the 700s for buying more!.

 

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What is PM's? Some index of gold

 

Precious Metals... and if gold/oz sinks to that figure, whoo hoo!

 

Thanks yankee. Wow- didn't see that coming

 

Yankee, time to switch to decaf. Gold began the year at $869.75 and has been one of the best performing asset classes for 2009. It's a bit early to get excited about how fast it is "dropping." My guess is that if $700 is your buy price, you've purchased your last ounce of gold in your lifetime.

 

Gold for the last 12 months:



for the last five years:

 

I'd like to see it below $900 so that they mint prices go down.