Gold shot up like hell.

I don't know if anyone was watching gold today but around 1pm today gold went from 1660 and shot past 1700. I saw the gold jump around 2:30 and called a buddy of mine and him and me chatted real fast about this market jump and what he thinks of it.

So this is what we are thinking, I don't know who all watched the news but obama had alot of things to say and long story short caused gold to sky rocket for many reasons. Now gold "should" stay high for some time but how much will that time be? Don't know....

This is what I am thinking. Gold is going to sky rocket for some time and may even past 1800 here in a short bit (when not sure) but will come to a point where we will hit 1600 once again based on what happens here as well as over seas.

Anyone who has e-waste...hold onto it...wait until gold slows down before selling so you can get top dollar on your scrap.

Just my two cents

Every time Obama gets on the tv and talks about his plans the price of gold goes up. This time it was because he said,,,something like this,,, "people making a million dollars a year should have to pay at least thirty percent income tax.

If you ask me, since this is supposed to be a free country, everyone no matter how much they make or however they make it should pay the same federal tax rate.

Here is your reason

http://www.kitco.com/reports/KitcoNe...0125JW_pm.html

As they keep printing more dollars and buying our own debt with it prices have no where to go but up. Because the dollar aint worth the same as it was the fay before.

The other part of the equation is India and China. They plan to purchase oil from Iran with gold to get around the various embargos I think it was.

DA**!! Up $26 this morning!!!!!!!

well gold does trade 24 hours a day :)

I am starting to love this market lmao....I have a few gaylords full of goodies =D

Quote:

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Originally Posted by ABC//Metals

So how long for E waste prices to go up? I have well over a gaylord I was hording from the drop.

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Prices will hold pretty much the same until next week....by that time people will start to work on there pricing.