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Congratulations to gold - New all time highs! $2400+!!!

1356715

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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Updated for 1345
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Now over $1350!
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    Wolf359Wolf359 Posts: 7,653 ✭✭✭
    These are huge moves in usually quiet overseas markets. Parabolic indeed!
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    CaptHenwayCaptHenway Posts: 31,548 ✭✭✭✭✭
    "TO THE MOON, ALICE!!!!!!!"
    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.
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Now 1355+!!! Next target 1358.2
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    CaptHenwayCaptHenway Posts: 31,548 ✭✭✭✭✭
    "POTRZEBIE!!!"

    image
    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.
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Updated for 1360!
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Update again!
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    jmski52jmski52 Posts: 22,370 ✭✭✭✭✭
    Seems to be quite active this morning. Any news that might be causing this?

    Added: I don't see jack. There is nothing unusual in the financials at this hour. It's just a "phenomenon", I guess. Feels like 1979. I would get home after work, and spend time adding up the numbers in various columns. The days before spreadsheets...
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Time for a "downdate." Daily low of $1325. Sweeping away those stops.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    Still dropping FAST!
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭


    << <i>Time for a "downdate." Daily low of $1325. Sweeping away those stops. >>



    No need to exagerate. 1326.5 is the comex low, a fantastic buying opportunity.

    Just a healthy retracement along the way up. Less than $25 lower than the prior day's close, this move is NOT excessive. It just seems that way since it went up $16 higher before declining. This whole move up has been rather devoid of such "scary" retracements, we were overdue for one. This is a great buying opportunity.
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    roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    No need to exagerate. 1326.5 is the comex low, a fantastic buying opportunity.

    Wasn't exaggerating as I took $1325 directly from the goldseek.com websiste. The number is still up there on their expanded 24 hr chart: $1325.72. I know better than to fool with gold facts. The $1369 image will have to wait a little bit more. And I am buying on this retracement.

    RR69s
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    CaptHenwayCaptHenway Posts: 31,548 ✭✭✭✭✭


    << <i>

    << <i>Time for a "downdate." Daily low of $1325. Sweeping away those stops. >>



    No need to exagerate. 1326.5 is the comex low, a fantastic buying opportunity.

    Just a healthy retracement along the way up. Less than $25 lower than the prior day's close, this move is NOT excessive. It just seems that way since it went up $16 higher before declining. This whole move up has been rather devoid of such "scary" retracements, we were overdue for one. This is a great buying opportunity. >>



    Just remember, at these levels $25 is less than 2%. Now, back at $300, $25 would have been huge!
    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.
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Updated for 1370
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    OPAOPA Posts: 17,104 ✭✭✭✭✭
    Probably another Mint repricing for their Gold proof products at Noon today.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    JoesMaNameJoesMaName Posts: 1,061 ✭✭✭
    Yeee Haaa! Heading to $1380 with a bullet!
    Feel just like Slim Pickins ridding the Bomb in Doctor Strange Love...
    Could clear $1400 buy morning at this scary @$$ rate of dollar devaluation!
    Can't wait to fill my truck with $9 gas and eat my $20 happy meals.
    So when exactly does the S hit the F?
    I propose it's the day after we can no longer afford to read about it here, then it will be official.

    Good luck everyone - strange days ahead.
    Paul - saved by
    The Fireman...
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Now 1380!
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Now 1385!
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    JoesMaNameJoesMaName Posts: 1,061 ✭✭✭
    Peaked at $1386 & change, currently headed back down at $1377.88
    Paul - saved by
    The Fireman...
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Now 1391.8!
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    The bottom line is this: For gold, there's not just one big bubble to pop. In fact, there are likely to be a lot of mini-bubbles that'll burst along the route through the current economic morass. Think of the bubbles fizzing in a glass of sparkling wine.

    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Now 1396+!
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    trozautrozau Posts: 3,455 ✭✭✭


    << <i>Now 1396+! >>


    D'oh!
    trozau (troy ounce gold)
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    You gold guys are lucky! I sold all my gold some time ago. All I have is a plastic bag full of Platinum Eagles that no one buys any more. LOL O, and lots of walking liberty halves, Rosie's, pre 64 quarters, and old silver dimes. I guess I will go hungry when the dollar collapses!
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    $1400 gold is here!
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    OverdateOverdate Posts: 6,937 ✭✭✭✭✭
    Gold just dropped below $1400 again.

    All is well! image

    Edit: Gold just went above $1400 again.

    We're doomed! image

    My Adolph A. Weinman signature :)

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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    On a tear today, 1405.4+
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    $1,407.00
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
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    $1,407.30
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
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    $1,405.90
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
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    Wolf359Wolf359 Posts: 7,653 ✭✭✭
    It is logical to think that absolute panic is close at hand for those short precious metals, especially silver.

    $30 for silver is within reach as early as Wednesday when the monster POMO hits.
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    << <i>It is logical to think that absolute panic is close at hand for those short precious metals, especially silver.

    $30 for silver is within reach as early as Wednesday when the monster POMO hits. >>

    I will be panicked to sell when it gets to $30.00!
    Many successful BST transactions ajia
    (x2,Meltdown),cajun,Swampboy,SeaEagleCoins,InYHWHWeTrust, bstat1020,Spooly,timrutnat,oilstates200, vpr, guitarwes,
    mariner67, and Mikes coins
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    mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
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    MrBearMrBear Posts: 378 ✭✭✭
    Now the question is...which will silver hit next: 30...or 20??
    Occasionally successful coin collector.
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    MesquiteMesquite Posts: 4,075 ✭✭✭
    I'd love for it to hit $20 or even $18 before it hits $30
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
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    OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>Now the question is...which will silver hit next: 30...or 20?? >>



    Neither .. $25 range will be the going price for a while ... until the "hockey pucks" are priced & then it will go up to $30 in no time ... (that's my crystal ball talking & I have no control over it nor do I accept any responsibility for it's fortune telling inaccuracy) image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    OPAOPA Posts: 17,104 ✭✭✭✭✭


    << <i>It is logical to think that absolute panic is close at hand for those short precious metals, especially silver.

    $30 for silver is within reach as early as Wednesday when the monster POMO hits. >>



    Yup .. those who shorted since you posted that comment are laughing all the way to the bank.
    No one can accurately predict short term swings with any sort of accuracy. To many unknown variables involved.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    It goes up, it goes down, I think the long term trend is still up.
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    DoubleEagle59DoubleEagle59 Posts: 8,198 ✭✭✭✭✭


    << <i>I'd love for it to hit $20 or even $18 before it hits $30 >>



    $18 would be a gift from the Gods.

    I thoroughly welcome these drops in prices.

    They are a great buying opportunity.

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Now 1425!
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    This gold bull is one strong bull. Please don't feel sorry for those of us who keep waiting for gold
    to pull back a little to load up some more. image
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭


    << <i>This gold bull is one strong bull. Please don't feel sorry for those of us who keep waiting for gold
    to pull back a little to load up some more. image >>



    Everyone following the monthly gold trading thread knew to hop on long ago, if they believed me... image
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    << <i>

    << <i>This gold bull is one strong bull. Please don't feel sorry for those of us who keep waiting for gold
    to pull back a little to load up some more. image >>



    Everyone following the monthly gold trading thread knew to hop on long ago, if they believed me... image >>



    I actually bought 10 ounces in the 1150-1220 range when it settled there for a month. That was a major buy for me. I was waiting
    for it to come back into the 1250 range, but if never decided to.
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Now 1430+...
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    roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Yup .. those who shorted since you posted that comment are laughing all the way to the bank.
    No one can accurately predict short term swings with any sort of accuracy. To many unknown variables involved.


    I wonder how many of those shorts got incinerated as silver quickly bounced off $25 and never looked back. Yeah, silver back to $18-$22 was a "sure" thing a few weeks ago. The laughter cuts both ways. The primary known variable is that fiat currencies have been in a steep decline for years. It's commodities payback time for the 1980's and 1990's. The trend has been quite obvious since about 2002-2004 to anyone willing to pay attention. $30 silver might become like $9 silver was just a couple of years ago.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    New all time high today. Would be a great sign to close above 1432.5 (previous ATH).

    Update: Now above 1435, looking to close the session easily above previous ATH, although some go by the COMEX close which was 1431.2.
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    ProofCollectionProofCollection Posts: 5,396 ✭✭✭✭✭
    Climbing higher... 1440+
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    OPAOPA Posts: 17,104 ✭✭✭✭✭
    As anticipated, the US Mint repriced their Gold bullion (AGB & Pres. Spouse) products today...
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    MilesWaitsMilesWaits Posts: 5,310 ✭✭✭✭✭


    << <i>As anticipated, the US Mint repriced their Gold bullion (AGB & Pres. Spouse) products today... >>



    Yes, OPA, the Gold Buffalo is now $1710!!!

    The 2011 Plat Proof (sweet design) is gonna drive the prices of the previous years (2009 & 2010) further up in value.

    Miles
    Now riding the swell in PM's and surf.
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