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Anyone else watching Gold pop thru $357?


Gold has made a nice move just before the NY close.

http://www.kitco.com/charts/livegold.html

Comments

  • leothelyonleothelyon Posts: 8,459 ✭✭✭✭✭
    You also have 357 posts........time to buy lottery ticket!

    Leo

    The more qualities observed in a coin, the more desirable that coin becomes!

    My Jefferson Nickel Collection

  • relayerrelayer Posts: 10,570

    If he posts more, does that mean gold will go up?
    image
    My posts viewed image times
    since 8/1/6
  • that would be a nice trick
  • You bet I am watching! Love the black and gold!

    Seriously, I am no gold bug but would not be surprised to see gold at $400 at some point this year. It may make it tough for us gold coin collectors to continue to buy our coins.
  • MercMerc Posts: 1,646 ✭✭
    Yes, gold could go to $400 this year. I think if it goes higher, more gold mines will open and increase the supply again.
    Looking for a coin club in Maryland? Try:
    FrederickCoinClub
  • image Yes and I am watching the prices of Ten Indian's in MS65 in both PCGS and NGC holders go through the roof. Also Twenty Saints and LIBS are making strong moves now. This is the real deal for those of us who never lost our love for MS gold type in 63,64 and 65 grades. Its just about too late to buy these coins at a nice price.
    In an insane society, a sane person will appear to be insane.
  • image On to 400 and silver will have to follow suit... nifty
    Life's a journey, not a destination.
  • IMO if Iraq goes up so will gold.
    USASA
    1966-1971
  • LakesammmanLakesammman Posts: 17,381 ✭✭✭✭✭
    Wake me up at $400, my cost basis.....
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • I wouldn't be surprised if gold hits 500 by the end of the year.
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>Yes, gold could go to $400 this year. >>





    << <i>I wouldn't be surprised if gold hits 500 by the end of the year. >>



    Do we hear $600? How about $700?

    Russ, NCNE

  • That's why I picked up nice TWENTY D.'s and DOLLARS last week.
    In fact my decision was the direct result of a thread someone posted
    here a few weeks back that said with gold going up now maybe is
    the time to pick up some of those dates you need. It got me thinking
    so I shifted gears and took the advice. It was that or gold stocks.
    The stocks pulled back so I went with the coins. Thanks whoever posted that.

    I won't hesitate a bit to buy at these prices.
    My opinion, I think numismatic gold coins are always a good buy.
    "location, location, location...eye appeal, eye appeal, eye appeal"
    My website
  • TWQGTWQG Posts: 3,145 ✭✭
    Buy low, sell high. Not the other way around.
  • gmarguligmarguli Posts: 2,225 ✭✭


    << <i>

    << <i>Yes, gold could go to $400 this year. >>





    << <i>I wouldn't be surprised if gold hits 500 by the end of the year. >>



    Do we hear $600? How about $700? >>




    $700? You pikers. I'm guessing $31,000 an ounce.

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