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.

[hennie pennie]

>>>> "If you are in Iran, the sky may be ready to fall... If you are an Israeli fighter/bomber pilot, better get a good night's sleep." <<<<

YIKES.

[Ghost of Philip Marlowe]

OK. Thanks for the perspective.

[sten]

it's a moving chart... but 1 year ago silver was $10.00/oz

you can also check out stockcharts.com. you have the ability to drag the time span of the chart at the bottom

http://stockcharts.com/charts/performance/perf.html?$GOLD,$SILVER

adding in the comparison the 6 month treasuries is very interesting (1 year treasuries are the same)

http://stockcharts.com/charts/performance/perf.html?$GOLD,$SILVER,$UST6M

[JoSixChip]

"I remember my father quit smoking around 1964. At the time a pack of cigarettes was about 50 cents.:

That can't be right, I was getting smokes out of machines in 1975 for 35 cents. Not that I'm doubting your fathers wise move to save his health and money. Just that your numbers are a little off.

[hennie pennie]

I heard on the radio that you will have to declare that 8 grand somewhere on your taxes -- have you heard of that? The other day I heard on the radio that many Americans didn't realize that, and that they are in a shock that they owe taxes on this tax credit.

I'm unsure of the details, and have no idea if what I heard was accurate... and have NO idea what the taxable rate is on something like that.

[Daisyjane69]

Wow, thanks!

The rate I was going, who knows when I would have found it. meh

[MHGinTN]

Canadian Maple Leaf sounds best ... Canadian dollars are strongert than U.S. dollars, too.

[savedbygrace]

Thank you. I wasn’t thinking of buying that big. More like a couple or three tubes of Silver Eagles.

[sten]

A monster box of silver? Please explain.

gold and silver coins are shipped from the mint in hard plastic tubes... 20 per tube. they are placed in a box, red for gold... green for silver, and sealed with a mint wrap tag. each box has 25 tubes. these boxes are called monster boxes.

link:

[Publius]

[sten]

ooo... real-time level 1 java applet. nice

[savedbygrace]

Thanks.

[Semper911]

My only experience in the market is buying silver from Goldmasters -- online, and I had it shipped to me. (You have to pick it up at the post office.)

If it's platinum you want, they sell that too.

[lookout88]

Yes, canned food by the amish is next. Their RV business was crushed, so they will make it up in canned turkey

[MHGinTN]

Thanks. Current cost for monster is~$20/ounce of silver in 1oz. American Eagles in a Monster box. By the time the box arrives, that is about what the cost will be on the market!

[RobRoy]

No, you are right. I cannot change posts so I just let it go. It was less than a half dollar per pack, but he called it a “half a dollar a day”. I am not positive (I was in fourth grade at the time) but I believe it was because he smoked more than a pack a day and was just putting 50 cents in per day as an approximation.

I AM positive that he paid less than 50 cents a pack.

[RobRoy]

I’m concerned that will not look all that odd in the near future.

[RobRoy]

Before we bought in kentucky we found a great amish market by our place where we can get all our bulk foods.

[Publius]

Have you read The Day the Dollar Died?

[djf]

If anything happens in the middle east, those prices will be dirt cheap...