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Gold
mohawk600
Member Posts: 5,529 ✭✭✭✭
Is now a good price point? (down from $1800 to $1600)............or will it go lower?
Comments
1684 today. Getting real close to buy.
mohawk600 get it now before it jumps big. One more $2T stimulus (?🤣) check should make it soar.
it made me curious that you are able to get gold at $1600, checking on the available sources on fleabay shows their going for $2000 to $3000 per 1 ounce american eagle....depending if if comes in a presentation box or not. The premiums over spot are astronomical.......for one gold eagle you could otherwise get 3 rolls of silver rounds ($630@ each)......60 silver ounces.
just my .02 cents
Have 100 American Eagles and some bars........want some gold too.
I got 2 300# lead alloy elevator weights a week ago from a guy for $100. I used my engine hoist to get then into the back of my old 5/4 ton CUCV.
That will cast a lot of bullets😉
JM Bullion has 1 oz bars in stock for under $ 1,800 each, and Gold Maple leafs for under $ 1,900.
I have coin and bullion that was purchased for roughly $ 1,250.00/oz.
If it drops to $ 1,500/oz, I'll be a buyer again. Would start to think about selling at $ 2,500+.
Brad Steele
If Gold hit 2500, we are in a situation where we are no longer just circling the bowl....
I can still find both gold and silver at different coin shops in the area. It may not be in the exact form I want but it is available. I watched an individual purchase two rolls of American Eagles for about 6 bucks over spot the other day....the next guy came in and bought about the same weight of 90 % silver for less than 1.00 over spot....Never could figure out why anyone would be willing to eat that much mark up....
American Eagles are not only worth their weight in silver.......they are collectible as well, in a numismatic sense.
Like all coins that is true, but the vast majority of Silver Eagles out there have no value beyond being Bullion. Most folks find that out when they try to sell them.. But then again, I like buying 90% coins, I have been amazed at the rarities I have found that way...Too each their own I guess
Thanks for the bid by the way !! 🙂
Gold will hit $ 2,500.00/oz.
The question is whether it is in 2 years, 10 years, or 20 years.
If 2 or 10, it is worth holding onto. If 20, one's money is most likely better placed elsewhere.
Brad Steele
I am betting on gold. Hope I don't lose my * on whatever small investment I make. Hope my small investment increases.
Gold will go thru 2500 by next summer.
Lead and copper are the real ''G O L D''
Lead and copper are the real ''G O L D''
Lead trumps GOLD every time. The problem with gold is when it's time to trade it for something else. If you show up at my door to swap gold for food or ???, I'll just take your gold using my lead for leverage.