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28 Minutes till the Asian opens, will history be made??

MilesWaitsMilesWaits Posts: 5,392 ✭✭✭✭✭
in Precious Metals
Will we cross the "round number" for Gold, as JS calls it? Tell me your views Mad Metals group! MJ?

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

Comments

  • CaptHenwayCaptHenway Posts: 32,487 ✭✭✭✭✭
    $1500 gold within the hour, followed by a little profit taking down to $1490, then back up over $1500 in the morning.
    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.
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    I think it will hit the big $1,500 also.
  • MilesWaitsMilesWaits Posts: 5,392 ✭✭✭✭✭
    I second your motion Captain!

    Three strikes and out. What a grand and formidable number, though.

    Not to be taken lightly by the faint of heart.

    Miles
    Now riding the swell in PM's and surf.
  • mrearlygoldmrearlygold Posts: 17,858 ✭✭✭
    But are we going to see $2,000 this year and will it be sustained? image

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • gecko109gecko109 Posts: 8,231 ✭


    << <i>But are we going to see $2,000 this year and will it be sustained? image >>





    No. Im calling for a gold top at $1650ish and a December close of a little less.
  • cladkingcladking Posts: 28,702 ✭✭✭✭✭
    I think the central banks have been trying to hold gold to about 1100 Euros and
    they're about to let it run up to around 1450.


    Look for the $2000 level to hold as long as they can. This might mean as long as
    a couple years if they started making the right decisions. I expect it to last about
    10 months.
    Tempus fugit.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭
    I find it interesting that Platinum and Palladium have just been treading water while Gold and Silver have rocked.
  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭


    << <i>I find it interesting that Platinum and Palladium have just been treading water while Gold and Silver have rocked. >>



    Palladuim and platinum have been trading more in lock step with the stock market. They need a growth story more then fiscal mayhem or inflation chatter.

    Miles, If not tonight soon enough. 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......
  • RedHerringRedHerring Posts: 2,077 ✭


    << <i>I find it interesting that Platinum and Palladium have just been treading water while Gold and Silver have rocked. >>



    My theory on this is that Pt and Pd are strickly industrial metals. Silver and gold are used the world over as money with silver being a switch-hitter and batting about .750 right now. image

    Silver has become "everyman's" PM and with everyman in China and India not able to afford gold? That's a lot of silver mon ami! image
  • jmski52jmski52 Posts: 23,054 ✭✭✭✭✭
    I want platinum to hold the line until May 27th.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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