Didn’t BP just lose all US contracts (suspended) due to the overreaching EPA slapping the shackles on them? Heard it on the news just now.
All these commodities are ridiculously overpriced. By at least 30%.
Stock markets being manipulated?
Dingy Harry Reid must have popped off again, as he did yesterday. The man is a walking financial collapse.
Thanks, you voting cretins in NV.
Housing data and Fed Gov comments show economy in picking up. More “1%” cash will go back into real estate, and gold will probably drop much further until Dec 31st, and people will want to take cap gains profits before the coming Obama/Boehner tax hikes.
Housing data and Fed Gov comments show economy is picking up - hitting gold. More “1%” cash will go back into real estate, and gold will probably drop much further until Dec 31st, and people will want to take cap gains profits before the coming Obama/Boehner tax hikes.
Did the idiots on Gold Rush finally make a really big strike?
It is not a big deal. Go to this website and read the message boards. http://www.kitco.com/charts/livegold.html is a great website. You can find a gold stock like KGC and put a little money from your IRA into it. When it goes up 5-10% sell it and wait for it to drop, repeat as desired. I made a nice chunk of money doing this the past few months with that particular stock and a USAA mutual fund geared to mining stocks. I cashed out and bought natural gas stocks. Timing is everything.
Can anyone come up with “WHY”?
Or perhaps potential buyers feel ambivalent about the people they theoretically bought gold from, being able to physically deliver the gold.
A big, really big sell order must have hit the market.
Silver has already gained back 60% of it’s whopping 3% loss from earlier today.
This is just another day in the Obama precious metals market.
Well it looks like the Plunge Protection Team came in and saved the market for today and Au & Ag are gaining back
Gold’s downward move explained here: http://www.kitco.com/reports/KitcoNews20121128AS_focus.html
Nov. 27 Comex December gold options expiry
Nov. 27 Comex December silver options expiry
Nov. 27 Comex December copper options expiry
Nov. 28 Comex December miNY gold futures last trading day
Nov. 28 Comex November copper futures last trading day
Nov. 28 Comex December E-mini copper futures last trading day
Nov. 28 Comex December miNY silver futures last trading day
Nov. 30 Comex December gold futures first notice day
Nov. 30 Comex December silver futures first notice day
Nov. 30 Comex December copper futures first notice day
Nov. 30 Nymex December palladium futures first notice day
14-1B
Today I’m looking for your report on silver “soaring”, gold “skyrocketing”, and oil “rebounding”.
Because they’re mostly back where they started yesterday r above.