New Record
$1,404 -12-11-2010

Ag is up too.

(11-08-2010 01:21 PM)DrTorch Wrote:  Ag is up too.

All precious metals are up. Platinum reached a record last week I think.

My Merrill guy got me in at a good point. Riding the wave!

short it

As long as the Fed f---'s the dollar, go for metal or oil.

Crude is at $87.50 and its all because of the dollar. There is plenty of crude in storage. Gas will be at $3.00 by Thanksgiving.

Au $1,420 and Ag $28.73 up again today. Ag is up 57% in the past year.

(10-15-2010 12:51 PM)Machiavelli Wrote:  I think we have some derivative of the "old bond vigilantes". They are devaluing the dollar by design setting off the currency war. You have this phenomena where every conservative radio, blogger, and TV personality sing gold's ascent in concerto. To me this is the very definition of a manipulated bubble.

If you want a scenario of a "manipulated bubble" here's one for you. *Tip* it ain't gold.

http://www.businessinsider.com/dependanc...et-2010-11

Gold @ $1404 poised to go past the all time high of $1420 today.

Anyone take Mack's Gold Bubble advise?

(02-22-2011 09:27 AM)SumOfAllFears Wrote:  Gold @ $1404 poised to go past the all time high of $1420 today.

Anyone take Mack's Gold Bubble advise?

Silver is on a tear as well.

Uncertainty in the Middle East.

Probably won't last when things calm down. (Doesn't mean it isn't a good play though).

$1,433 -03-02-2011

$1,474.19 - 04-08-2011

$1504.20 04/20/2010

(11-09-2010 10:41 AM)DrTorch Wrote:  Au $1,420 and Ag $28.73 up again today. Ag is up 57% in the past year.

Ha. At first when you said Ag I thought you were talking agriculture (food prices). I do think gold is in a bit of a bubble right now.

Krugerrand Gold Coins
Price : $1,540.87 - $1,609.00

GoldMoney Gold Bullion
Price : $1,541.38 - $1,541.38


American Gold Eagle Bullion Coins
Price : $1,549.04 - $1,623.00


Canadian Gold Maple Leaf
Price : $1,550.60 - $1,609.00

Reb made a good call saying to do everything opposite what Mack said.