Anyone watching gold? (Overseas markets open)

Kitco ^ | 11/21/09 | staff

[Daisyjane69]

Looks like it's up $$ 11.60 right now. I was thinking there were some contracts expiring today or something like that.

[RobRoy]

I confess that I think black friday has a high probability of letting the cat out of the bag.

[webschooner]

I’ve been doing business from this outfit in CA: http://tulving.com/
The first time you order you have to bank wire the funds. Subsequent orders, you can send a check. He ships quick and overnight shipping is free. Great guy to deal with — owner’s name is Hannes. I see that you can order 24/7.

[Diana in Wisconsin]

We’ll be fine. :)

[hinckley buzzard]

Relax. Silver could very easily retreat to 15 an ounce in the next few months. It is a thin market and easily manipulated by traders, many of whom have been short for years. They may drive the price down in order to buy back their shorts, which has happened before.The price would then be more free to seek its market level which is way higher.

IDK what will happen, but waiting for a large correction is a reasonable strategy. It may or may not happen, but that's what risk is all about, right?