Sunday, August 7, 2011

Gold at $1695, Targets $1700, Silver Blasts Through $40

Gold and silver are both now higher than their initial Asian open "pop", and continuing to climb.
Gold has set a new nominal high at $1695, and silver has burst through $40, last at $40.26.

( closes in 18 hrs. 18 mins.)
Metals Date Time (EST)
Ask Change from NY Close
Gold Charts  GOLD 08/07/2011 22:57
Silver Charts  SILVER 08/07/2011 22:57

Former Fed Head Alan Greenspan isn't helping Blythe out any tonight either.
No garbledegook "Greenspeak" with his statement that there is zero probability of a US default, because we can always print money.
Live 24 hours silver chart [ Kitco Inc. ]

Live 24 hours gold chart [Kitco Inc.]

Alan Greenspan

"The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default" said Greenspan on NBC's Meet the Press More from CNBC: