I have been watching..........

[Mike from MI "Iron Brigade"]

Silver, gold and platinum prices. This morning silver is at over $19.00/oz, gold is well over $900.00/oz, and platinum is about $2,150.00/oz.
I believe silver will see $20.00/oz soon, and gold will go over $1,000.00 as well as platinum seeing over $2,200.00.
What does this all mean???? Sell? keep hoarding it? look harder for more? Gas prices will continue to soar?? (no question about that!!!)
HMMMMMMMM??????? A real thinker I think!

 

[Greg from Mi.]

will the high price os metal balance out the high price of gas??
Greg

 

[Mike from MI "Iron Brigade"]

If one goes up the other seems to follow, and the same if they drop? HMMMM ????
I am beginning to think the are in with the insurance companies!
Maybe they all work for the mob?

 

[Pete in MI]

I heard today that because our dollar has lost its value over other countries, the other countries can now buy more gas than they could before...a greater demand (by those who now have money to buy it) and us in the U.S. are paying a higher price. The demand goes up and so does the price...unfortunately we are on the wrong end of the balance of currencies in the world.

 

[steve in so la]

between the economy going down and gold going up, I believe. I have read this before but cannot say more. steve in so az

 

[steve in so la]

shall we call you Skid now How's the foot doing ? steve in so az

 

[Mike Chgo area]

n/t

 

[Goes4ever]

what is 14K worth?

 

[Mike from MI "Iron Brigade"]

a little over half. just remember that is 24K pure goldis the oz price . 12K would be 1/2 of that, so 14K is over half.
So one oz of 14K would be worth about $554 at $950/oz.

 

[Joe G]

Sent in my gold to Midwest when prices hit 800... by the time they got it, I ended up with 700. The diamond I got for Vicky's engagement ring (to replace the one that was lost) was worth it though... Actually, the ring was appraised for twice what the diamond cost!

 

[Mike Chgo area]

n/t