Metals Taking Off Again Today

Coxe

Presently gold is up 3%, silver 5% and platinum 2% while the market is down 0.5%-1%.

OffMetal

Great!

greghansen

In response to blowing up trains in India IMO.

ziggy29

<< <i>Great! >>

Except that the likely reason for the spike is anything but.

michael

when will gold hit 800?

JJM

id like it to tumble down $200 prior to the weekend show !!!......then hit the roof.....

mrearlygold

TWQG

<< <i>when will gold hit 800? >>

-After it visits $475.

Coxe

Up again today. They really took off in NY, but those augmented gains have just eroded sharply and completely in the last hour.

ABC123

Which way, and how far is UP ?

Coxe

Silver was up nearly 2.5% and is now down and dropping like a rock.
Gold was up 2% and is no near the previos NY close.
Platinum was up 1.5% and is still up about 1%.

Coxe

NY Gold is currently testing yesterday's high, being less than a buck off of it. Silver and Platinum are bith up but not approaching their highs yet. Oil is probably going to give Gold support for a decent gain today.

Coxe

Just dimes away from $660 for gold.

relayer

And here you thought wars were bad

Dennis88

Hmm, looks like my plans of buying a double eagle cheap>>at 1-1-2000 spot price are declining everday

Dennis

Coxe

War is regrettable but so is not being prepared for its consequences.

Fletcher

I don't think that the prices will stay high forever. However, in the long term, it should help elevate coin prices as it brings numismatic awareness to the masses while the metal prices are high. And, in doing so, a certain percentage of the metal player will become afflicted with the bug. And, as you know ... once afflicted, there is no turning back!

Coxe

Silver and gold performed well in Hong Kong and are doing well in London so far today. I doubt the world affairs that are driving things are going to be resolved very soon.