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Gold is creeping up as I type on the world spot market-

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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 05:31 PM
Original message
Gold is creeping up as I type on the world spot market-
Just went from 1,719 to 1,720- with in seconds...literally.
You can watch live here:
http://www.kitco.com/market/
BHN
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Lint Head Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 05:32 PM
Response to Original message
1. Corporate fascists own most of the gold. What do you expect.
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earthside Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 06:11 PM
Response to Reply #1
6. Corporate fascists own most of the stocks and bonds.
And those tanked today.

So, what?

And there some of us out here who were smart enough to buy silver and gold when it was going for $5.00 and $300.00 an ounce.

I'm not complaining.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 05:32 PM
Response to Original message
2. 1721... and rising n/t
bhn
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abelenkpe Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 05:33 PM
Response to Original message
3. Not a vote of confidence in the world economy is it? nt
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 05:35 PM
Response to Reply #3
4. TSHF is what it is...
Start the printing presses Ben.
The house of cards, built on sand, in the land of smoke and mirrors
is about to tumble.

BHN
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 06:10 PM
Response to Original message
5. POG just passed platinum....Holy Shite.
This is surreal to watch.
BHN
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abelenkpe Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 06:27 PM
Response to Reply #5
7. Wow. nt
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 06:41 PM
Response to Reply #7
8. It's bouncing a bit, but keeps climbing. I can't stop watching.
It's such an incredible thing to witness- along
with so many other things in our world today.
Tomorrow is going to be VERY interesting.
Waiting, with my breath held, to see what the Bernackahack
does next.

Time to stock up on stuff.
Wish I had my own oil reserve tank so I could stock up on some of that.
The low price just tells me the PTB are stocking it and waiting to completely
fuck the world later-
BHN
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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:25 PM
Response to Reply #5
11. Now that is something I never thought I would see.
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Art_from_Ark Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:48 PM
Response to Reply #11
20. You and me both
Gold has more than doubled its 1980 high.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:17 PM
Response to Original message
9. 1725.10 Unbelievable... n/t
BHN
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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:23 PM
Response to Original message
10. 1725? Whoa!
She is going up exponentially tonight.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:29 PM
Response to Reply #10
12. Just fell back a few dollars, but I have noticed...
each time she falls back she comes back even higher than
the last high.
What a trip to watch...:popcorn:
BHN
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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:32 PM
Response to Reply #12
13. Slide over
:popcorn:

I still can't get over it surpassing platinum. I would have bet money that would have never happened in my lifetime.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:36 PM
Response to Reply #13
14. I know- it's amazing to watch- she's sliding up again...
I was going to get out tonight, see some music- but I swear,
I can't stop watching the Kitco Live site...

BHN let's :toast: with our:popcorn:
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:38 PM
Response to Reply #13
15. woaaaah
Is there room for me? :wow:



:popcorn: :popcorn: :toast:

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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:41 PM
Response to Reply #15
17. Hell Yes! We are watching history being made!
Grab a seat!
We've got the beer and popcorn, now let's break out some...
:smoke:
BHN
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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:48 PM
Response to Reply #15
21. Absolutely
Don't mind my chin on the floor. Sorry for hitting you on the knee on way down.
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:58 PM
Response to Reply #21
23. have a shot of this ...
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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:13 PM
Response to Reply #23
24. Seriously!
I inherited a diamond broach several years ago and had the stones remounted into a platinum ring. People thought I was nuts for paying a premium for platinum, but I reasoned its color (I don't do yellow metals well) and its value.

Should have gone with white gold!
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:18 PM
Response to Reply #24
26. my mother designed her own wedding ring
Diamonds and "white gold" as she called it. It is stunning!

Who would have ever thought that gold would be worth more than platinum!? :wow:

:D

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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:22 PM
Response to Reply #26
27. Silver is dipping so the bastards can buy it up before it rockets too.
I've always like silver and white gold jewelry, never cared for the look
of yellow gold- unless it's coin in my stack...
BHN
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:39 PM
Response to Reply #13
16. There she goes again! 1724.90!
Damn- I'm going to choke on my popcorn- pass me some beer!
:evilgrin:
BHN
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:42 PM
Response to Reply #16
18. have ye some Guinness!


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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:46 PM
Response to Reply #18
19. How did you know? I LOVE Guinness!
BTW- Crude down to 79.00... you just know the PTB are
stocking that stuff away at that price so they can gouge us later...
It's all so manipulated.

BHN
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 07:54 PM
Response to Reply #19
22. Perhaps the PTB's are passed out
Highly likely. That is what happens when you overload on Orange Glo man ... :rofl:

Cheers! }(
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:17 PM
Response to Original message
25. Holy Shite Again! Went to move the car and feed the fur people- 1728!!!!
In what ten minutes?
BHN
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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:25 PM
Response to Reply #25
28. Yeah, pretty much
If you are done with your guiness, a kind soul upthread brought in a bottle of Jack. :D
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:27 PM
Response to Reply #28
29. I saw that...well, maybe just ONE- to celebrate!
:toast:
Here's to Gold!
BHN
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:29 PM
Response to Reply #29
31. 1729.70...and still climbing.
Remember the stories over the last few years about China, Russia and
other countries stocking up on huge reserves of gold?
Gee- think they knew something we peons didn't?
BHN
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:36 PM
Response to Reply #31
35. who knows what they knew or know
I kept on collecting, that is all I know! :toast:

:D

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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:29 PM
Response to Reply #28
30. that was me -- your personal cyber bartender
/gold dealer ... :rofl: :patriot:

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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:30 PM
Response to Reply #30
32. Ah, thank you love- I'm actually going to buy silver though-
Edited on Mon Aug-08-11 08:31 PM by BeHereNow
got any of that to deal me?

BHN:party:
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:32 PM
Response to Reply #32
33. 1730.50!!@!!!!
I'm going to pass out soon.
I can't believe what we are seeing.
Nada in LBN about it.
Yet.
BHN
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:33 PM
Response to Reply #32
34. well hedged in silver here
Admittedly, I've been collecting silver coins for many years. Most people have thought it was pretty dumb.

However, the tide hath turned!

Love the Australian Lunar series 1 coins - the 2 oz. ones are very cool -- all twelve of them! :)

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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:38 PM
Response to Reply #34
37. Not familiar with them! Pretty?
Who sells them?
Linky?
BHN
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:45 PM
Response to Reply #37
41. you find them here and there
I found most of mine on eBay and did a swap with a friend for some of them too.

Here is one for the Year of the Rabbit 1999:



2 oz. version is highly collectible; 1 oz. not quite as collectible.

Can buy them here:

http://www.apmex.com/Category/1264/Silver_Lunar_Series_2oz__5oz.aspx

All of them are very beautiful.

The gold versions of these coins are stunning!



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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:49 PM
Response to Reply #41
44. I've just got silver maples- boring, but they'll do...
:evilgrin:
I'll check with a local guy I know and ask about the Lunar Series.
They are purty...
BHN
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:51 PM
Response to Reply #44
45. when I got them they were 3 for $80.00!
Edited on Mon Aug-08-11 08:51 PM by CountAllVotes
I had no damn idea they'd ever be highly collectible! What a shock ... see the prices there -- some are over $500.00 each? *eek* :D

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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:54 PM
Response to Reply #45
47. YAY for you!!!
I'm wondering where all the naysayers are- you know the ones
who scoffed at Junker and others who told us YEARS ago to buy PMs
when they were dirt cheap... I miss Junker and hope he is reading this with a
shit eating grin on his face...Junker, if you are still there- Namaste!
BHN
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:37 PM
Response to Original message
36. 1732.90 in SECONDS FOLKS!!!!
I am speechless.
But I can still type.
BHN
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:40 PM
Response to Reply #36
38. 1734.50 in less than 10 seconds!
Cripes!
Are we the only people watching this?
No one on DU seems to be discussing this but us!
BHN
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:42 PM
Response to Original message
39. OMFG 1741.30!!!!!!!!!!!!!
It is rising so quickly I can't keep up with refreshing the browser!
BHN
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:43 PM
Response to Reply #39
40. Make that 1743 and some change... n/t
bhn
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:47 PM
Response to Reply #40
43. Here comes the PPT- bit of a drop, but I bet not for long...
They can only manipulate for so long on a global market.
BHN
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AnneD Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:45 PM
Response to Original message
42. I suspected it would go up but ....
:wow:



Every time I refresh the screen it goes up...This is panic. If you don't own it now, forget it until the dust settles. Feel great about the silver I add to my stores last week. Guess I won't be getting any more for a while and I am thankful for what I have.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:51 PM
Response to Reply #42
46. You should feel great about your silver- it's going to rocket too.
The current price is only so that the pigs cans buy a ton of it and wait.
That's what dips are for- for the obscenely rich to get richer.
BHN
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 08:58 PM
Response to Original message
48. OKAY! I NEED A BREAK! I'm going to go read a book and check back later...
The suspense is killing me!
BHN
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 09:05 PM
Response to Reply #48
49. see ya ...
:hi:

;)

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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 09:17 PM
Response to Reply #49
50. Ruby started a thread in GD- go there!
For some reason, no one pays much attention to this forum.
Strange, given our collective hell at the moment.
BHN
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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 09:35 PM
Response to Reply #50
51. I just wandered in here tonight for the first time. Looking for updates.
Glad this forum is here! Nice and comfy.
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westerebus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 09:40 PM
Response to Reply #50
52. We're here.
Y'all were having too much fun to interrupt the party. ;)
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:23 PM
Response to Reply #52
53. Gold is over $1750.00 an oz!


Congratulations to all those invested in gold! :) :party:

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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 11:25 PM
Response to Reply #52
55. Well hell! Join us! The more the merrier! $1767.10
I don't know what to say other than tomorrow should
be VERY interesting...
BHN
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westerebus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 07:29 AM
Response to Reply #55
56. I'm off to work.
So when does the CME and the JP morgue start the next push down? Looks like silver was tested over night.

That ought to come back quickly. Last ratio I saw was 45:1. Plenty of room there to the up side.

Gold is on a run. For sure!

See you later.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 03:14 PM
Response to Reply #56
58. The Morgue is loading it's trucks with silver as we speak...
China buying bullion directly from the miners-
Gee, wonder why they would do that?

Hope you have/had a nice day at work!
BHN
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Habibi Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-08-11 10:30 PM
Response to Original message
54. Can you explain to us dummies what this means?
I have some gold . . . should I sell it?
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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 08:52 AM
Response to Reply #54
57. Hang Onto Your Gold
Don't sell it until you have to.
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BeHereNow Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 03:22 PM
Response to Reply #54
59. It means the global market has spoken and not in favor of the dollar.
PMs are a global market- thus the price is set by global buyers.
People are fleeing the dollar and rightly so-
Any currency value that is recovered will be temporary as it is
built on nothing, no actual value what so ever- when the house of cards
collapses, people will suffer severe losses in any dollar based assets-
thus the global flocking to a more reliable asset- gold, silver and commodities.

Keep your gold- and buy some silver if you can.

Any assets you have in US fiat dollars will shrink.
The PMs are globally recognized as safe havens to protect your assets.

TPTB are running out of smoke and mirrors to present to the world
about our dying economy.

Keep your gold.
Buy silver- it's bargain basement priced right now-
in three years or so, you will be happy you sheltered your assets in the shiny stuff.

BHN
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