Good day for metals

[forsmant]

It is a good day for metals. Gold back above 900. :) I wonder if it will continue.

[Thrashertm]

and for oil, and grains. My portfolio had a good day. The only question is - do I sell it all now or will it head higher?

[jclay2]

Yeah the market is in the tank today, no thanks to our great fed head, mr. beard of wisdom himself, ben bernanke. I think his sole purpose is to destroy the dollar.

[Mesogen]

I really wish that I could have bought some rhodium back in 2003.

http://www.kitco.com/LFgif/rh1825lnb.gif
Yup, that's a 2400% increase.

[Paulitician]

Yup, rhodium is another precious metal most people overlook.

Part of the reason gold is up so much today is because of Russia (http://www.rbcnews.com/free/20080626135907.shtml). Also, a good overview of the jump is at Bloomberg (http://www.bloomberg.com/apps/news?pid=20601081&sid=aXGjiCj1DL8c&refer=australia)

From all the shows I hear (Wallstreet Unspun, Patriot News Radio etc.) they're saying you want to get in precious metals before Independence Day. However, I believe the market will stay sideways and volatile until the fall.

[bander87]

I really wish that I could have bought some rhodium back in 2003.

http://www.kitco.com/LFgif/rh1825lnb.gif
Yup, that's a 2400% increase.

Excuse me while I go change my pants.

Holy frick!

[SevenEyedJeff]

We are still in the relatively weak season for gold and silver, at least for another month or two. I'm hoping it will hang around here so I can buy a little more first.:)

[amy31416]

We are still in the relatively weak season for gold and silver, at least for another month or two. I'm hoping it will hang around here so I can buy a little more first.:)

Just bought "junk" silver yesterday and already made a couple of bucks. :) But yeah, I hope it stays down for a bit so I can buy more.