Gold traded as high as $2415.00 this morning and then started dropping in price around 12:30. It was around $2340 when the market closed at 4:00 and is at $2343 now.
It was a wild ride in gold stocks. For instance Barrack Gold Corp (GOLD) was trading up at $18.90 and then swoosh! down it went to $17.75. It regained a small bit in price later in the afternoon but closed down 1% at 17.86.
Silver traded above $29 per ounce, reaching levels not seen since February 2013, then pulled back to $27.85. Silver always lags gold so now might be a good time to buy.
I have a small amount of bars/rounds, but the most concerning thing since the last time I was in the market for these things is the amount of counterfeits out there. Watch the videos on how to detect and/or avoid them, and take your time!
For some odd reason (to disconnect from the West?) Red China a few years back started issuing their silver panda coins as 30 grams (a bit smaller than a troy ounce); with so many more alternatives available now (at least 30 countries issuing one ounce silver coins) there is simply no reason to buy them.