Well I did see gold go to $964.96 a few min. ago but it quickly was beaten down again. The word I get is it has to go above $965.00 within the next 3 days or it will go down. Its funny how it gets so close to the resistant level then retreats!. Somebody must be pulling funny business somewhere!. I feel if it goes above $965.00 we could reach $1000. within 1 week.
$1400.00 Would be great! I would sell all 314oz,s I have stashed in the bank deposit vault! Besides, the box rent is killing me!. I dont know if I could even find anyone to sell to at that rate, O WELL..... we can dream I have been buying and holding 100% since 1962 I guess I will have to figure out the cost spread.
Well with many of the worlds economic gurus beginning to question the mounting U.S. debt and borrowing, I think gold could bust a serious move in U.S. dollars anytime
How bout when the currency buckles and the powers that be say that the only solution is global currency- they'll call it the "Amero" like the Euro. Google North American Union and the Amero. Gold will go looney IMHO.
No kidding? I just got an email -- $978 at close in NY today (5/29). I just ordered my first gold eage from Bullion Direct last week and paid $965 for it. I've made a profit and haven't even got the coin yet! Funny business.
Just a guess but I think that gold will hit $1000 when the gold market opens up Sunday evening (I think 6:00 PM U.S Eastern Time) of May 31, 2009. I am probably wrong on this prediction but who knows?