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Gold Through $960!

Options
http://www.kitco.com/charts/livegold.html

Recovered very quickly after the IMF gold sale news.

How long until $1k gold?

Silver up too.
«1345678

Comments

  • $1000 gold? 3 days at this rate !
    But look at silver fly !

    ...from another of my recent posts on this forum:

    "I am in to commodities 100% ,primarily silver mining stocks and the rest in gold mining stocks.

    Watch silver- it is so cheap, even at $18 (up 22% this year).
    When the crowd starts to wake up,and the silver shorts bail out,it's price will explode,and not too long after that silver mining stocks will go up BIG time.

    He who dares...

    I'd rather be skint or rich than settle for a life time of mediocrity.
    Either way I will survive."
  • I bought into some silver and gold ETFs last week. I was worried as they were already at highs but my research had told me this will still a good time. Hopefully it will pay off.

    Been toying with the idea of gold since November, but I've never invested anything before so I had been watching it instead of jumping right in.
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    For once it looks like I got my timing right as i bought a slug of Meryll Lynch Gold and General a week ago. I was only intending to hold this as a temporary measure until October when i can shift my prot rights personal pension to a prot rights SIPP with H&L.
  • cloud_dog
    cloud_dog Posts: 6,321 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    ...... Just thought I'd add the article, I think it is a very comprehensive description of the issues and results of action being taken and gives an insight in to some aspects that are driving the current markets (up or down):

    http://www.safehaven.com/article-9563.htm

    (Obviously they want you to buy their services so just ignore that bit)

    cloud_dog
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • free4440273
    free4440273 Posts: 38,438 Forumite
    Dollar index at all time low also :eek:
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
  • purch
    purch Posts: 9,865 Forumite
    .........bring back Paul Voelker !!!:eek:

    It's the only answer to all this mess !!!!!!


    Either that or Vote for Ron Paul, abolish the Fed and bring back Bretton Woods !!!
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • free4440273
    free4440273 Posts: 38,438 Forumite
    Dollar index at all time low also :eek:
    No recession eh?:rotfl:Yeah, more like a Depression:eek:
    BLOODBATH IN THE EVENING THEN? :shocked: OR PERHAPS THE AFTERNOON? OR THE MORNING? OH, FORGET THIS MALARKEY!

    THE KILLERS :cool:

    THE PUNISHER :dance: MATURE CHEDDAR ADDICT:cool:
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    On a side note, oil is currently at $102/barrel. Fortunately, I have been on this rollcoaster for a while.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • Struggling to find any managed funds in silver mining, and advice.
This discussion has been closed.
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