Gold back over $900 for how long?

northcoin

What a yoyo week it has been for gold. Any views as to whether gold has a floor at $900. Wonder if we will see the promised $1200 benchmark hit in the near future?

zeebob

PM forum?

skramer

Anything based on the value of dollar is going to go up IMO, especially w/ the near 1 trillion dollars we are going to spend this month, which the US govt doesnt have.....and they are all going to cut my taxes even further!

As they do this, the value of the dollar declines, as the dollar goes down the price of just about everything goes up.

Just my .02

Gold is heading back to 1k+ even if not to the once rumored 1500 that was touted a few months ago......

FullStrike

Until the Syndicate arranges for profits to be taken - then the value will plunge once again.

They will repeat this pattern again and again - up, down - up, down, until they have a pile of paper assets that will stretch from here to Uranus.

notwilight

Are there any new short selling rules affecting gold?

ambro51

I watched Cramer tonight.....he's telling his followers to get 20% into gold stocks.

When the biggest stock pumper in the World becomes a gold bug......makes ya think.

bfjohnson

<< <i>Anything based on the value of dollar is going to go up IMO, especially w/ the near 1 trillion dollars we are going to spend this month, which the US govt doesnt have.....and they are all going to cut my taxes even further!

As they do this, the value of the dollar declines, as the dollar goes down the price of just about everything goes up.

Just my .02

Gold is heading back to 1k+ even if not to the once rumored 1500 that was touted a few months ago...... >>


Always a roller coaster ride, but this makes sense to me.

Goldbully

This thread will be on the PM Forum at the start of CU Biz Tuesday AM

AnkurJ

Will drop back down if the government does the billion dollar plan to bail out the banks with crappy mortgages.

roadrunner

Off topic.

roadrunner

Frankcoins

<< <i>Off topic.

roadrunner >>



Why is this off topic? And why should discussion be limited to private messages? Gold prices have
always been discussed here, now there are people making threats unless they move it to PM.
Does not make any sense.

TwoSides2aCoin

I missed out on two coins that Jeremy had up for sale the other day. It really annoys me, but I still do not have a snipe program in use on eBay.

rgCoinGuy

<< <i>

<< <i>Off topic.

roadrunner >>



Why is this off topic? And why should discussion be limited to private messages? Gold prices have
always been discussed here, now there are people making threats unless they move it to PM.
Does not make any sense. >>



Frank, there is a PM Forum now, Precious Metals, not Private Messages. Check the Navigation Bar.

Edited to add The Link to the PM Forum

Frankcoins

<< <i>
Frank, there is a PM Forum now, Precious Metals, not Private Messages. Check the Navigation Bar.

Edited to add The Link to the PM Forum >>



Most people will never know it exists..it's not listed on the main forum home page.

http://www.pcgs.com/message_boards.chtml

rgCoinGuy

<< <i>

<< <i>
Frank, there is a PM Forum now, Precious Metals, not Private Messages. Check the Navigation Bar.

Edited to add The Link to the PM Forum >>



Most people will never know it exists..it's not listed on the main forum home page.

http://www.pcgs.com/message_boards.chtml >>



Maybe that's why the Autographs Forum is so slow!

ricko

Gold is going to be a yo-yo for a while... then settle in at $1k+ for a while... Cheers, RickO

northcoin

I see gold did slip slightly below $900 today for whatever that is worth. By the way I suspect most of us who purchase gold coins are not making bullion purchases so it is relevant to us what gold is doing in that it impacts the value of our collections.

TavernTreasures

<< <i>

<< <i>Off topic.

roadrunner >>



Why is this off topic? And why should discussion be limited to private messages? Gold prices have
always been discussed here, now there are people making threats unless they move it to PM.
Does not make any sense. >>



I agree-It was nice when the metals posts were here. Rather than let it go, the forum police must perform their duties.

lava

Sounds like gold is going up:

"The Federal Reserve, in coordinated action with foreign central banks, plowed $30 billion into money markets overseas Wednesday, [September 24, 2008] part of an ongoing effort to fight a global credit crisis."

lasvegasteddy

<<<Why is this off topic? And why should discussion be limited to private messages? Gold prices have
always been discussed here, now there are people making threats unless they move it to PM.
Does not make any sense. >>>

pcgs playground rules beats the pcgs time out for not following their rules

Jcarney

<< <i>

<< <i>Off topic.

roadrunner >>



Why is this off topic? >>



Because of this

Silverstate

OK,
To be sure we are ON topic....

Will the mint adjust prices of the bullion coins?

Gold still has a BIG spread for the Buffalos, Eagles and Spouse gold coins.

Platinum as well.

northcoin

Time to reask the original question. Now a month and a week plus later gold is back to an amount close to $900.00.

GrumpyEd

Gold up, stocks ughhhhhh!

northcoin

So stocks tumble today and gold goes down $20. Strange correlation.

northcoin

And a month later and almost $200 lower. Who would have expected this?

Bochiman

<< <i>And a month later and almost $200 lower. Who would have expected this? >>



I didn't, but I recall some others saying it would be quite a bit lower.
Now, the stock market....I didn't expect it to be down as much as it is