Gold Tops $1500 Per Ounce

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  • Vendot
    Confirmed User
    • May 2002
    • 3376

    #1

    Gold Tops $1500 Per Ounce

    http://www.bloomberg.com/news/2011-0...lar-slump.html

    Sorry if its already been posted but Gold topped $1500 per ounce today......... so whats your view on where its going in 2011 and beyond?
    "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell
  • greg80
    Confirmed User
    • May 2007
    • 1644

    #2
    unbelivable
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    • NaughtyRob
      Two fresh affiliate progs
      • Nov 2004
      • 29602

      #3
      Amazing.
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      • JFK
        FUBAR the ORIGINATOR
        • Jan 2002
        • 67373

        #4
        Those are FUTURES, NOT actual price today, its $1437.50 CDN and its down from yesterday and down 12.55 from this morning as well

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        • Vendot
          Confirmed User
          • May 2002
          • 3376

          #5
          Originally posted by JFK
          Those are FUTURES, NOT actual price today, its $1437.50 CDN and its down from yesterday and down 12.55 from this morning as well
          No actually...... I think it says on the page that the gold price did reach $1499 but im seeing elsewhere that the actual gold price did top $1500 today.

          Well whatever, its close enough anyway......
          Last edited by Vendot; 04-19-2011, 10:00 AM.
          "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

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          • JFK
            FUBAR the ORIGINATOR
            • Jan 2002
            • 67373

            #6
            Originally posted by Vendot
            No actually...... I think it says on the page that the gold price did reach $1499 but im seeing elsewhere that the actual gold price did top $1500 today:

            http://money.cnn.com/2011/04/19/mark...n=money_latest
            Strange, I follow it on Kitco, cant see any indication of that happening
            Shows a high of 1496.60US
            http://www.kitco.com/

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            • Brujah
              Beer Money Baron
              • Jan 2001
              • 22157

              #7
              Sold. Who's buying?

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              • JFK
                FUBAR the ORIGINATOR
                • Jan 2002
                • 67373

                #8
                Originally posted by Brujah
                Sold. Who's buying?
                I'm buying

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                • Vendot
                  Confirmed User
                  • May 2002
                  • 3376

                  #9
                  Originally posted by JFK
                  I'm buying
                  Youre buying at the top of the market???

                  Anyone else?
                  "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

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                  • seeandsee
                    Check SIG!
                    • Mar 2006
                    • 50945

                    #10
                    i will buy when hit minimum record not now :D
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                    • JFK
                      FUBAR the ORIGINATOR
                      • Jan 2002
                      • 67373

                      #11
                      Originally posted by Vendot
                      Youre buying at the top of the market???

                      Anyone else?
                      I always buy, every day pretty much, top, bottom, does'nt matter.

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                      • sologirlcontent
                        So Fucking Banned
                        • Jan 2007
                        • 2617

                        #12
                        i'm buying silver by the fucking truck load now

                        Comment

                        • Vendot
                          Confirmed User
                          • May 2002
                          • 3376

                          #13
                          why truck load?
                          "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

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                          • Vendot
                            Confirmed User
                            • May 2002
                            • 3376

                            #14
                            So whats your price target for the year?
                            "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

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                            • DWB
                              Registered User
                              • Jul 2003
                              • 31779

                              #15
                              Peter Schiff is predicting eventual $5000+ and he pretty much has called every step of the whole financial disaster.

                              Who knows.

                              Anyone remember when it was $400? I remember people saying it would NEVER, EVER hit $1000.

                              Comment

                              • Juicy D. Links
                                So Fucking Banned
                                • Apr 2001
                                • 122992

                                #16
                                Originally posted by DWB
                                Peter Schiff is predicting eventual $5000+ and he pretty much has called every step of the whole financial disaster.

                                Who knows.

                                Anyone remember when it was $400? I remember people saying it would NEVER, EVER hit $1000.
                                5k an ounce would be SWEETTTTTTTTTTTTTT

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                                • woj
                                  <&(©¿©)&>
                                  • Jul 2002
                                  • 47882

                                  #17
                                  you guys are doing it wrong...

                                  the rule is: buy low, sell high
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                                  • Pipecrew
                                    Master of Gfy.com
                                    • Feb 2002
                                    • 14888

                                    #18
                                    Silver up 4-5 dollars an oz in last week. If you bought 1000 oz last week. You would already be up 5k in a week. Some dealers so desperate they are paying 2 over spot which means up 7k. Better than keeping money in bank

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                                    • brassmonkey
                                      Pay It Forward
                                      • Sep 2005
                                      • 77396

                                      #19
                                      columbian gold is like 2500 an oz make it snow in the summer
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                                      • pet kangaroo
                                        Confirmed User
                                        • Oct 2002
                                        • 246

                                        #20
                                        Shame the $US is worth shit now.

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                                        • chaze
                                          Confirmed User
                                          • Aug 2002
                                          • 9774

                                          #21
                                          And it's probably still good to invest in now.
                                          Like the desert needs the rain
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                                          • strobi
                                            Confirmed User
                                            • Nov 2002
                                            • 7383

                                            #22
                                            It's quite hard to even get Krugerrands or Vrenelis over here, so the price will go mutch mutch higher. At one point there won't be any coins to buy anymore. I predict 2000$ in 2011 easily. I'm buying at these prices! (in euros)

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                                            • JFK
                                              FUBAR the ORIGINATOR
                                              • Jan 2002
                                              • 67373

                                              #23
                                              Originally posted by woj
                                              you guys are doing it wrong...

                                              the rule is: buy low, sell high
                                              totally depends on your strategy and reason for buying

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                                              • Nikki_Licks
                                                Confirmed User
                                                • May 2005
                                                • 6323

                                                #24
                                                Time to cash in some dust and small nuggets
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                                                • Pipecrew
                                                  Master of Gfy.com
                                                  • Feb 2002
                                                  • 14888

                                                  #25
                                                  Originally posted by JFK
                                                  totally depends on your strategy and reason for buying
                                                  I would love to know your strategy, since you posted a few days ago for me to "Sell Now " and it's already up 3-4 more dollars since then.

                                                  Comment

                                                  • iggysick
                                                    Confirmed User
                                                    • Mar 2003
                                                    • 8743

                                                    #26
                                                    gold is a gold

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                                                    • DWB
                                                      Registered User
                                                      • Jul 2003
                                                      • 31779

                                                      #27
                                                      Originally posted by Pipecrew
                                                      Silver up 4-5 dollars an oz in last week. If you bought 1000 oz last week. You would already be up 5k in a week. Some dealers so desperate they are paying 2 over spot which means up 7k. Better than keeping money in bank
                                                      Amen to that.

                                                      Comment

                                                      • Vendot
                                                        Confirmed User
                                                        • May 2002
                                                        • 3376

                                                        #28
                                                        Anyone know the best place to sell 1oz coins in London (UK) ?
                                                        "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

                                                        Comment

                                                        • Houdini
                                                          Confirmed User
                                                          • Dec 2001
                                                          • 1651

                                                          #29
                                                          Originally posted by Pipecrew
                                                          Silver up 4-5 dollars an oz in last week. If you bought 1000 oz last week. You would already be up 5k in a week. Some dealers so desperate they are paying 2 over spot which means up 7k. Better than keeping money in bank
                                                          Anytime you buy physical, you pay over spot, so buying a bar, you would have paid $1.5 -3.00 over spot. Coins are much higher. Still a great return, no doubt about it. 2011 American Silver Eagles (1oz) are selling for $55+ on ebay right now, when the spot is only $47 and some change.

                                                          SLV calls are making a killing right now. I bought July 50 calls last Friday and added more this week and with my average, I'm up 71% in five days.

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                                                          • Vendot
                                                            Confirmed User
                                                            • May 2002
                                                            • 3376

                                                            #30
                                                            Originally posted by strobi
                                                            It's quite hard to even get Krugerrands or Vrenelis over here, so the price will go mutch mutch higher.
                                                            Starsky & Mutch?

                                                            I think $2000 sounds a bit implausible though.......
                                                            "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

                                                            Comment

                                                            • Vendot
                                                              Confirmed User
                                                              • May 2002
                                                              • 3376

                                                              #31
                                                              Still hovvering around the $1500.

                                                              Paul says it will hit $4000 by 2015. On the other hand, Soros sees it as a bubble and sold his entire gold holding.........

                                                              So who is right?
                                                              "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

                                                              Comment

                                                              • Brujah
                                                                Beer Money Baron
                                                                • Jan 2001
                                                                • 22157

                                                                #32
                                                                Paul vs Soros? Soros is right, Paul is just inflating the price in his own gold holdings.

                                                                Comment

                                                                • DWB
                                                                  Registered User
                                                                  • Jul 2003
                                                                  • 31779

                                                                  #33
                                                                  Originally posted by Vendot
                                                                  Still hovvering around the $1500.

                                                                  Paul says it will hit $4000 by 2015. On the other hand, Soros sees it as a bubble and sold his entire gold holding.........

                                                                  So who is right?
                                                                  I don't think he sold all of it, just a large amount. Think I read he's still holding something crazy like a 100 million worth. *vomit*

                                                                  Peter Schiff is predicting $5000+.

                                                                  Who really knows?

                                                                  Comment

                                                                  • Vendot
                                                                    Confirmed User
                                                                    • May 2002
                                                                    • 3376

                                                                    #34
                                                                    Originally posted by DWB
                                                                    I don't think he sold all of it, just a large amount. Think I read he's still holding something crazy like a 100 million worth. *vomit*

                                                                    Peter Schiff is predicting $5000+.

                                                                    Who really knows?
                                                                    I like Peter Schiff a lot but his predictions have been short of the mark over the last few years on gold..... well he's been putting higher price than actually what came to fruition if that makes any sense.
                                                                    "In a Time of Universal Deceit, Telling the Truth is a Revolutionary Act." - George Orwell

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