Au,Ag & Pt just hit the roller coaster...

fastrudy

... in Hong Kong

Kitco

Joflax

roller coaster is exactly right

BAJJERFAN

So are deals actually done at those prices or is it just playin with paper and invoices and IOU's? I can't believe the Mint s buyin at those levels. How many here could actually close a sale at those prices if they had the metal to sell?

tincup

Quite a few on the board have been predicting this for some time.... kind of hard to believe that it is actually getting kind of wild right now....

Time to buy..... sell.... or hold?

I'm going to hold for awhile.

Joflax

<< <i>So are deals actually done at those prices or is it just playin with paper and invoices and IOU's? I can't believe the Mint s buyin at those levels. How many here could actually close a sale at those prices if they had the metal to sell? >>

Give me the volume of metals that change hands in Asia and I will let you know...yeah its mainly paper but a lot of physical selling by mines and physical buying by jewellers, Sheiks, dentists.
. Nobody believes in physical anything anymore.

Joflax

<< <i>Quite a few on the board have been predicting this for some time.... kind of hard to believe that it is actually getting kind of wild right now....

Time to buy..... sell.... or hold?

I'm going to hold for awhile. >>

Its been fun and profitable trading these the last month or so , I also think it is time to sit and hold .
It is a roller coaster but the trend is still straight up