It looked like we were having a big correction, but the early trading in Asia is showing the price of gold and silver going back up (9:25 pm EST according to Kitco.com). So will this hold up when New York and Chicago start trading? -AG
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world. -Caxton's edition of Aesop's Fables, 1484
Its still up $10 at $1125 with a couple hours left to go in Hong Kong/Tokoyo and about three hours before London opens.
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world. -Caxton's edition of Aesop's Fables, 1484
could be, but don't go by asia. asia is thinly traded. ny is the most active market, so those prices are most reliable. the kitco chart has the hours that the various markets are open on the bottom.
Buying: Peace/Morgan G+ at $15.00 copper cents at 1.3X wheat pennies at 3X
btw, ted butler said on an interview friday he thinks most of the decline is passed. others see the potential for gold to be taken down to 850, which dividing by 60 would put silver at $14. I think a lot of things have changed - China, CFTC, etc. - such that all anyone can do is guess.
Buying: Peace/Morgan G+ at $15.00 copper cents at 1.3X wheat pennies at 3X
PMs turning around already?
Forum Locked
Posted - 12/13/2009 : 20:26:09
