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?

unbelivable

Amazing.

Those are FUTURES, NOT actual price today, its $1437.50 CDN and its down from yesterday:2 cents: 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......

Strange, I follow it on Kitco, cant see any indication of that happening :winkwink:
Shows a high of 1496.60US
http://www.kitco.com/

Sold. Who's buying?

I'm buying :winkwink:

Youre buying at the top of the market???

Anyone else?

i will buy when hit minimum record not now :D

I always buy, every day pretty much, top, bottom, does'nt matter. :winkwink:

i'm buying silver by the fucking truck load now

why truck load?

So whats your price target for the year?

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

you guys are doing it wrong...

the rule is: buy low, sell high
:2 cents:

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

columbian gold is like 2500 an oz make it snow in the summer :)

Shame the $US is worth shit now.

And it's probably still good to invest in now. :2 cents: :thumbsup

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)

totally depends on your strategy and reason for buying:2 cents:

Time to cash in some dust and small nuggets :winkwink:

I would love to know your strategy, since you posted a few days ago for me to "Sell Now :2 cents:" and it's already up 3-4 more dollars since then.

gold is a gold

Amen to that.

Anyone know the best place to sell 1oz coins in London (UK) ?

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.

Starsky & Mutch? :1orglaugh

I think $2000 sounds a bit implausible though.......

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?

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

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.