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Big pop in overseas Au just now

WeissWeiss Posts: 9,941 ✭✭✭✭✭
in Precious Metals
Check it out: vertical

(5:05 PM central time Sunday)

image
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame

Comments

  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    Same status here on the East Coast image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • coynclectercoynclecter Posts: 2,111
    Same as i was gonna post, Bigtime jump
  • bestmrbestmr Posts: 1,777 ✭✭✭
    I KNEW I should have bought gold last week! image
    Positive dealing with oilstates2003, rkfish, Scrapman1077, Weather11am, Guitarwes, Twosides2acoin, Hendrixkat, Sevensteps, CarlWohlforth, DLBack, zug, wildjag, tetradrachm, tydye, NotSure, AgBlox, Seemyauction, Stopmotion, Zubie, Fivecents, Musky1011, Bstat1020, Gsa1fan several times, and Mkman123 LOTS of times
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,363 ✭✭✭✭✭
    I only added a quarter ounce in the last three weeks but I am glad I held onto all I had. image
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • CaptHenwayCaptHenway Posts: 32,128 ✭✭✭✭✭


    << <i>Same status here on the East Coast image >>



    And up here on the North Coast!!!!!
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • jmski52jmski52 Posts: 22,829 ✭✭✭✭✭
    I guess it's time to turn on the news.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • KameoKameo Posts: 207
    Something has aroused gold image
  • HonoluluDudeHonoluluDude Posts: 2,167 ✭
    Maybe the Venezuelans are dumping their currency for gold.
  • bestmrbestmr Posts: 1,777 ✭✭✭
    All kinds of nasty things going over there.
    Positive dealing with oilstates2003, rkfish, Scrapman1077, Weather11am, Guitarwes, Twosides2acoin, Hendrixkat, Sevensteps, CarlWohlforth, DLBack, zug, wildjag, tetradrachm, tydye, NotSure, AgBlox, Seemyauction, Stopmotion, Zubie, Fivecents, Musky1011, Bstat1020, Gsa1fan several times, and Mkman123 LOTS of times
  • CaptHenwayCaptHenway Posts: 32,128 ✭✭✭✭✭
    Didn't the bad U.S. employment statistics come out Friday morning after the Asian markets were done for the weekend? This may be a reaction to that, since it is obvious that the Fed cannot raise interest rates for the foreseeable future.
    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭


    << <i>Maybe the Venezuelans are dumping their currency for gold. >>



    That's actually what I was thinking. Other headlines over the weekend include Japanese Airlines declaring bankruptcy, and China's economy spiked hard.

    I can't see any of that being bad for gold.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • CaptHenwayCaptHenway Posts: 32,128 ✭✭✭✭✭
    From Kitco:

    SYDNEY, Jan 11 (Reuters) - Spot gold <XAU=> rose to a five-week high early on Monday in response to weekend data showing a sharp rise in China's commodity imports [ID:nTOE60900W].
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭


    << <i>From Kitco:

    SYDNEY, Jan 11 (Reuters) - Spot gold <XAU=> rose to a five-week high early on Monday in response to weekend data showing a sharp rise in China's commodity imports [ID:nTOE60900W]. >>


    Yep. I'm in China and that's the scuttlebutt on the financial channels here as well. Plus, the dollar is weak. Let's see what happens when it opens in NY. Needs a close over $1142.50 to break out of this range................It's funny, more people will start buying gold again when it's up and instead of on the dip. Human nature I guess. Weak hands seem to sell on the dip.MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    I thought some American bought a big stack in China Saturdayimage
    Avid collector of GSA's.
  • TomohawkTomohawk Posts: 667 ✭✭
    Not to be too contrary, but silver is up too! $0.23 so far...man, I'd hate to live in Venezuela...nationalizations of key industries, extreme socialist policies, out-of-control government spending to mollify the large, poor voter block, blase concern over opposition and the people...

    WHOOPS! WHERE was I talking about? Hmm...time to buy MORE silver and gold!
    ASE Addict...but oh so poor!
  • OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,363 ✭✭✭✭✭


    << <i>Not to be too contrary, but silver is up too! $0.23 so far...man, I'd hate to live in Venezuela...nationalizations of key industries, extreme socialist policies, out-of-control government spending to mollify the large, poor voter block, blase concern over opposition and the people...

    WHOOPS! WHERE was I talking about? Hmm...time to buy MORE silver and gold! >>



    I hear you. Funny, true and sad at the same time.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
  • RedHerringRedHerring Posts: 2,077 ✭



    << <i>.......obvious that the Fed cannot raise interest rates for the foreseeable future. >>



    -------------------------------------------

    No rate hike in 2010. No way.

    2011? Maybe in the 2nd half. A big maybe...........
  • jmski52jmski52 Posts: 22,829 ✭✭✭✭✭
    Nice Iowa avatar, Red Herring.

    Just noticed - the dollar seems to be dropping precipitously, on JS website.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,286 ✭✭✭✭✭
    Uh oh, ... will it make $1250 before the end of the month ?
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