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Gold seems to have blown past $740 this morning

UtahCoinUtahCoin Posts: 5,365 ✭✭✭✭✭
in U.S. Coin Forum
$741.50 - $743.00
I used to be somebody, now I'm just a coin collector.
Recipient of the coveted "You Suck" award, April 2009 for cherrypicking a 1833 CBHD LM-5, and April 2022 for a 1835 LM-12, and again in Aug 2012 for picking off a 1952 FS-902.

Comments

  • trozautrozau Posts: 3,455 ✭✭✭
    The US$ is currently lower than the Can$. image
    trozau (troy ounce gold)
  • jmski52jmski52 Posts: 23,066 ✭✭✭✭✭
    Whammo! Platinum at $1374.00!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • ttownttown Posts: 4,472 ✭✭✭
    It's just a matter of time before the Plat's are taken off the market for re-pricing by the mint. I think at this point it's a given gold will hit at least $760 but there will be fighting along the way.
  • jmski52jmski52 Posts: 23,066 ✭✭✭✭✭
    Platinum at $1,377.00. The stuff is getting expensive!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • CC2GOCC2GO Posts: 664


    << <i>Platinum at $1,377.00. The stuff is getting expensive! >>



    HOLY MOTHER OF GOLD! image
  • PentimentoPentimento Posts: 1,367
    8% spread for the uncs still...
  • jamakinjamakin Posts: 1,055
    Given that platinum is 30 times rarer than gold it is still a nice bargin.
  • ttownttown Posts: 4,472 ✭✭✭


    << <i>8% spread for the uncs still... >>




    Well that's just raw metal spread, the cost of producing and shipping these take quite a bit of that profit. I mean you can't ship a thing for $4.50 these days.

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