Friday, September 17, 2010

The Gold Price Closed at 1275.60 a New All Time High Close

Gold Price Close Today : 1,275.60
Gold Price Close 10-Sep : 1,244.50
Change : 31.10 or 2.4%

Silver Price Close Today : 20.79
Silver Price Close 10-Sep : 19.802
Change : 0.99 or 4.8%

Platinum Price Close Today : 1,621.90
Platinum Price Close 10-Sep : 1,542.50
Change : 79.40 or 4.9%

Palladium Price Close Today : 543.30
Palladium Price Close 10-Sep : 517.55
Change : 25.75 or 4.7%

Gold Silver Ratio Today : 61.36
Gold Silver Ratio 10-Sep : 62.85
Change : -1.49 or 0.98%

Dow Industrial : 10,594.83
Dow Industrial 10-Sep: 10,462.77
Change : 132.06 or 1.2%

US Dollar Index : 81.02
US Dollar Index 10-Sep : 82.69
Change : -1.67 or -2.1%

Franklin Sanders is on holiday and will return on the 20th of September 2010.

Argentum et aurum comparenda sunt -- -- Gold and silver must be bought.

- Franklin Sanders, The Moneychanger
The-MoneyChanger.com

© 2010, The Moneychanger. May not be republished in any form, including electronically, without our express permission.

To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate in a bubble, primary trend way down. Whenever I write "Stay out of stocks" readers inevitably ask, "Do you mean precious metals mining stocks, too?" No, I don't.