Metals Taking Off Again Today

Coxe · July 11, 2006 3:28AM

Presently gold is up 3%, silver 5% and platinum 2% while the market is down 0.5%-1%.

OffMetal · July 11, 2006 3:41AM

Great!

greghansen · July 11, 2006 4:41AM

In response to blowing up trains in India IMO.

ziggy29 · July 11, 2006 4:43AM

<< <i>Great! >>

Except that the likely reason for the spike is anything but.

michael · July 11, 2006 5:36AM

when will gold hit 800?

JJM · July 11, 2006 5:41AM

id like it to tumble down $200 prior to the weekend show !!!......then hit the roof.....

mrearlygold · July 11, 2006 5:44AM

TWQG · July 11, 2006 6:03AM

<< <i>when will gold hit 800? >>

-After it visits $475.

Coxe · July 12, 2006 2:26AM

Up again today. They really took off in NY, but those augmented gains have just eroded sharply and completely in the last hour.

ABC123 · July 12, 2006 2:36AM

Which way, and how far is UP ?

Coxe · July 12, 2006 2:40AM

Silver was up nearly 2.5% and is now down and dropping like a rock.
Gold was up 2% and is no near the previos NY close.
Platinum was up 1.5% and is still up about 1%.

Coxe · July 12, 2006 11:41PM

NY Gold is currently testing yesterday's high, being less than a buck off of it. Silver and Platinum are bith up but not approaching their highs yet. Oil is probably going to give Gold support for a decent gain today.

Coxe · July 13, 2006 5:49AM

Just dimes away from $660 for gold.

relayer · July 13, 2006 5:50AM

And here you thought wars were bad

Dennis88 · July 13, 2006 5:52AM

Hmm, looks like my plans of buying a double eagle cheap>>at 1-1-2000 spot price are declining everday

Dennis

Coxe · July 13, 2006 5:52AM

War is regrettable but so is not being prepared for its consequences.

Fletcher · July 13, 2006 6:11AM

I don't think that the prices will stay high forever. However, in the long term, it should help elevate coin prices as it brings numismatic awareness to the masses while the metal prices are high. And, in doing so, a certain percentage of the metal player will become afflicted with the bug. And, as you know ... once afflicted, there is no turning back!

Coxe · July 16, 2006 7:29PM

Silver and gold performed well in Hong Kong and are doing well in London so far today. I doubt the world affairs that are driving things are going to be resolved very soon.

Metals Taking Off Again Today

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