Gold bugs and haters!
Wondo
Posts: 2,916 ✭✭✭
Where is the market for gold bullion and bullion coins gonna be the end of 2005?
Wondo
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Tom
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
Looks like $400 gold is further away than previously thought.
roadrunner
Tom
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870
roadrunner
Gold will be in the range of $400-$450 per ounce; it seems to be stuck there.
<< <i>" Where is the market for gold bullion and bullion coins gonna be the end of 2005? "
Gold will be in the range of $400-$450 per ounce; it seems to be stuck there. >>
When it was under $300 people said it was stuck thee too.
The trend is coming back with a vengence today. I really expected it last week though.
Why, I actually expected it today, due to the rise in crude oil prices (almost $50 a barrel today)?
<< <i>
Why, I actually expected it today, due to the rise in crude oil prices (almost $50 a barrel today)? >>
Oil did well last week but it's much more the movement in currency and bonds
that can have a dramatic impact on prices. Changes in sentiment about the value
of currency are immediately reflected in bond prices. Trade numbers came in very
poor recently and I expected the market to have fully digested them and beaten
the bonds down last week. While oil prices tend to move with metals prices his-
torically there is probable little cause and effect relation at most times.
Even a small drop in bonds could have a large effect on metals.
How else could I have gotten my 27 Saint PCGS MS-63 for $365.00 or my 04-S Lib PCGS MS-62 for $385.00
Those where the days if only I knew.
2005 gold low 405-415
2005 gold high 485-505
gold will decouple with the us dollar later this year.