Posts Tagged ‘price of gold per ounce’
Gold Off Recent High
Posted by: Peter Davis on: March 3, 2009
Gold has been dropping like a “gold brick” in the past week and is retracting from a recent high of $1000 per ounce. This perhaps is a good buying opportunity before it shoots up again.
The only problem is that gold is scarce but I keep calling all the local dealers to see if someone is [...]
Gold Closed Today at $1,001.80
Posted by: Peter Davis on: February 21, 2009
My prediction that gold would hit $1,000 per ounce by the end of March came a little early when gold closed today at $1,001.80.
It took nearly 6 months after the 2008 financial panic that gold is finally is starting to glitter. I was surprised that the price was held so low since the demand for [...]
When Will Gold Hit $1000? Soon.
Posted by: Peter Davis on: February 11, 2009
I predict that gold will hit $1000 mark by the end of March 2009. I’m so confident that the dollar is dying with all this deficit and reckless spending by our Government, that Gold may be our last resort to preserving our wealth.
There may be some resistence to pass the $1000 mark, but 2T in [...]
Gold $900 Oz
Posted by: Peter Davis on: January 24, 2009
Gold pushed upward to $899.10/oz today! I’m sure it’s heading much higher once everyone figures out that paper money isn’t back by anything but a bunch of politicians full of hot air…
IMO, gold is heading upwards. How high nobody knows but some gold prognosticators think it’s heading to $5000 an ounce. Perhaps this will happen [...]
Price of Gold Shoots Up Over $800
Posted by: Peter Davis on: November 22, 2008
The price of gold did a jump shot and hit $800 today. With a price increase of over $50, gold is becoming … well gold again… He shoots … Gooooold, Goooooold, Gooooold, Gooooold … I guess you have to watch a soccer match announced in Spanish.
I wanted to buy gold earlier this week when it [...]
Forget Diamonds, Gold is a Girls Best Friend
Posted by: Peter Davis on: October 6, 2008
No, the biggest bank bailout robbery in history won’t help us.
Gold is up $40 in early trading today (10/5).
Interesting point of view on where Gold and Silver are heading:
Argentum et aurum comparenda sunt — – Gold and silver must be bought.
Disclosure: I’m either in cash, the yellow metal or gold (NYSE:GLD) and I’m still buying [...]
I Feel Safer With Gold in My Pocket
Posted by: Peter Davis on: September 24, 2008
- In: Business
- 2 Comments
Today I bought 2 oz of gold and I feel much safer with gold in my pocket. It was a relief to get rid of the $1874 USD from my wallet and 4-1/2 oz eagles into my front pocket.
Somehow when carrying around that much cash, you get this strange feeling that someone is gonna conk [...]
Price of Gold Jumps to $867 Per Ounce
Posted by: Peter Davis on: September 18, 2008
- In: Business| Government
- 1 Comment
Today, the price of gold per ounce jumped nearly $90 on fears of a collapsing economy. Investors and ordinary citizens are rushing out and buying gold in droves. I’m pretty sure that gold can easily reach several thousand dollars per ounce.
The nationalization of debt continues to put downward pressure on equities and a forthcoming collapse [...]
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