Gold is taking off in pre markets.....up to nearly 1700
Treasuries seem to be holding level
Gold soars
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Gold soars
All of humanity's problems stem from man's inability to sit quietly in a room alone. - Blaise Pascal
Re: Gold soars
Nice.
I freaking love the PP.
I freaking love the PP.
everything comes from somewhere and everything goes somewhere
Re: Gold soars
doodle (and all), what website do you like for pre-market info?
Re: Gold soars
I just use cnbc.
http://www.cnbc.com/id/17689937
By the way, yields are rising on the long end of the treasury curve. Interesting.
http://www.cnbc.com/id/17689937
By the way, yields are rising on the long end of the treasury curve. Interesting.
All of humanity's problems stem from man's inability to sit quietly in a room alone. - Blaise Pascal
Re: Gold soars
Not by much. The biggest news of the day so far is that Pork Bellies are down nearly 12%. Yawn...doodle wrote:By the way, yields are rising on the long end of the treasury curve. Interesting.
http://finviz.com/futures_charts.ashx?t=PB
Nothing I say should be construed as advice or expertise. I am only sharing opinions which may or may not be applicable in any given case.
Re: Gold soars
Good news on the pork bellies. I'll make sure to add them to my doomsday prepper food stash now that they are on sale. 
All of humanity's problems stem from man's inability to sit quietly in a room alone. - Blaise Pascal
Re: Gold soars
The gold price seems to relate more to ECB decision to buy Italian and Spanish debt than US downgrade. When/If QE3 hits you might see another 100 dollars more.
All of humanity's problems stem from man's inability to sit quietly in a room alone. - Blaise Pascal
Re: Gold soars
I wonder if the price move of LT bonds last Friday was related to a leak of the S and P downgrade plan, and is already priced in.doodle wrote:
Treasuries seem to be holding level