When will Gold Break $1,000.00 Oz ?

mrearlygold

CheeseGuy

Hopefully never. I'm still waiting for it to come back down to $200 so I can start working on a gold type set. To me it seems like such a waste when people buy circulation gold coins because of the melt value instead of the numismatic value (also I don't have enough to buy them at their current value lol)

coindeuce

Why not post a bid on C.C.E.? Shouldn't take long for a confirmation

savoyspecial

may 2008......WAG

greg

percyb

When it rises roughly 25%.

CaptHenway

Let's see.........the little hand is almost on 12........

ProofArtworkonCircs

According to the WSJ it is already there for June, 2012 delivery at $1,001.90. Well it was a few hours ago.

Overdate

When will Gold Break $1,000.00 Oz ?

American $ or Canadian $?

The difference could be months!

TwoSides2aCoin

Offer a "free ounce of gold" and it will probably happen before your thread reaches 100 posts.

morgansforever

Gold $1000 on Friday the 9th. Driven buy bulls, and everyone trying to catch the boat.

Coxe

Not before bagels do.

Smoker

Increase $15 a day = Nov. 25

MoneyLA

I think it is possible that we can see gold prices surge as much as $50 in one day in the coming week or so...

back in the 1979-80 gold "rush" there was a one day spike of $25, and with inflation that would mean a $50 spike is possible now.

gold traded overnight (as I write this) at about $842 so if you add that one $50 spike and then a couple of other strong days, then a price target of $1,000 is reachable within a week.

I think the momentum is there for a climb to $1,000 very, very soon.

One to two weeks is certainly possible. But I wouldn't bet on it. Frankly, I would rather see a slower, steady climb to $1,000 which would likely last longer. When you have price spikes, you can also have sharp downturns following.

cheers, Alan Mendelson
www.BestDealsTVshow.com

CoinHusker

<< <i> When you have price spikes, you can also have sharp downturns following.
>>



Buying opportunities?

TwoSides2aCoin

<< <i>

<< <i> When you have price spikes, you can also have sharp downturns following.
>>



Buying opportunities? >>


Good morning, Mitch.

MoneyLA

yes, in a bull market, the profit taking following a spike is a "buying opportunity."

but my fear is of a spike that is so sharp, that the following sell off does not stop.

this is what happened in Jan 1980... we had the run up to 875, the sell off for a close at 850 and it took 27 years to get back to those levels.

a slow and steady "self adjusting" rally is healthier.

cheers, Alan Mendelson
www.BestDealsTVshow.com