Realcent.org

Futures isn't a "real" price, I know, so this doesn't satisfy a 25 handle in my book, but it's notable.

Edit 13 Sep: Futures close at 2610.

Will it be a real price in the future? Why doesn't inflation of the money supply not apply to gold? One of life's simple little mysteries.

shinnosuke wrote:Will it be a real price in the future? Why doesn't inflation of the money supply not apply to gold? One of life's simple little mysteries.

I dunno. A lot of things that should compute don't anymore and my only explanation is that the system is broken and or rigged. There is still a moderate correlation between the USD and the price of gold - that's the only thing that seems to hold up, and I'm not sure that will hold forever.

I have a friend who has been in the silver business since 1979 and when we were discussing the current silver market he told me technical charts and silver's history don't really mean anything anymore as we are in uncharted waters and it is more unpredictable than he's ever seen it.

Well spot closed over $2500 yesterday, so that earlier futures price (though it dropped first, then came back) ended up being confirmed.

My guy has a display case full of silver bars, eagles and maples (though no 90% oddly), but he can't keep gold in the store. Which is sorta the opposite of last winter.

Asian markets have opened and gold is up...just a little.

Wow, yet another all time high!!

$2537.60 today

$2585.25 today!

Futures closed at $2610 so I edited the title

Wow!