It caught up pretty quick though and has a larger % gain now.

Update, gold up $43.20, silver up $1.97...

1698

$5 spread right now, with the bid at $1,699.70

high was 1701 a few minutes ago.

Still up over $1701.

Only $13 shy of platinum.

And we're chilling above $1710. I am actually frightened.

$1718.2. Something's changing.

Hard to tell looking at the charts on outcome but gold/plat might bags crossed. 1716.50 high in gold...

Think it's worthwhile to remind folks that gold is trading ~ 1186 Euros and 1036 Pounds. Seems like yesterday it was 9xx Euros/6xx Pounds.

<======= Here's hoping it falls to $1300 Aud so I can stock up (currently at 1630)

daaaaaayyyyummmmm

gold broke 17 hundos

Question for those smarter than the average LirvA on these issues.

If the dollar collapses, obviously gold will soar. But if the U.S. settles into some sort of global currency, what then would happen to gold?

I tink I'm dunna buy some moar gold

I'm back in the straddle again.

Calls on GLD, Puts on S&P

Sept 17th expiration on both.

Weighted 3:2 GLD

when did gold hit 1600? Can anyone post the time between each hundo? I am interested.

Just go back a few pages in this thread and you'll find it.

I'd look it up but Kitco is (unsurprisingly) slow today.

I guess this is the best place to post it...any rough estimates on dollar vs euro developments in the midterm (till end of year).
I'm not exactly sure the Euro is in a much better position, mainly asking because I'm deciding what currency I want to keep my working capital (i.e. money on poker sites) in.

I feel like 1$=0.73-0.75 Euro is about the point at which I'd convert to Euro (just pure gut).

Silver below where it was last friday and almost 10% off its most recent peak while gold is still >$1700 and a couple % above its all time highest close.

I think I have posted about this idea before, probably even in this thread but this relationship should be watched closely. When government bonds no longer look safe money will flow out of them and the markets and into the only safe investment left- PMs. Now gold should always look safer than silver due to silver's massive volatility, which means a big run in gold that isn't matched or beaten by silver is excellent evidence of this.

Obviously a 3 day move isn't convincing proof but keep your eyes on it.

IMO gold is bound to soar anyways. A global currency thingamajig might slow it down, but the way I think about it anyways is that there's currently so much value stored elsewhere that's bound to return to gold. (Maybe the global currency would be loosely tied to gold.) I don't know.

Gold gunna pass platinum soon!

Still time to buy gold imo...

Running out of time to buy gold, imo...

plenty of time to buy... not even 6:1 ratio with the dow yet

is this not wut glen beck spoke about and was ridiculed for? gold at 1700 and over and the world declining thanks to bho.

I just bought 5K worth of SPDR Gold Shares.

So after the apocalypse I'll have about 5K, am I doing it right?