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Are we going to see $1600 again during FUN?

1northcoin1northcoin Posts: 4,385 ✭✭✭✭✭
edited January 7, 2020 3:34PM in U.S. Coin Forum

As someone here astutely noted, rising metal prices are a positive for a successful FUN.

Currently:
GOLD $1,589.00 (+14.40)

«1

Comments

  • taxmadtaxmad Posts: 982 ✭✭✭✭

    With missiles currently flying into Iraq from Iran - probably a safe bet...

    $1595 current spot

  • Dave99BDave99B Posts: 8,556 ✭✭✭✭✭

    Appears to be headed that way. Maybe 1625-1650.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • CoinPhysicistCoinPhysicist Posts: 599 ✭✭✭✭

    According to JM Bullion's prices on their website, I saw $1600 about 10 minutes ago.

    Successful transactions with: wondercoin, Tetromibi, PerryHall, PlatinumDuck, JohnMaben/Pegasus Coin & Jewelry, CoinFlip, and coinlieutenant.

  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    One might very well prefer to be at home and not hundreds of miles away from home.

    Be very careful what you wish for.

  • CommencentsCommencents Posts: 349 ✭✭✭

    Looks like $1,600+++ with Iranian missiles launched at U.S bases in Iraq just now.

  • SmudgeSmudge Posts: 9,556 ✭✭✭✭✭

    Yes.

  • blitzdudeblitzdude Posts: 6,026 ✭✭✭✭✭

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • jdimmickjdimmick Posts: 9,693 ✭✭✭✭✭

    already there, should be 1650 by morning

  • savitalesavitale Posts: 1,409 ✭✭✭✭✭

    I have $1600 that I will probably never see again after FUN. :'(

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    @jdimmick said:
    already there, should be 1650 by morning

    If you wake up to a glowing sky, it will likely be over $2000.

  • MgarmyMgarmy Posts: 2,296 ✭✭✭✭✭

    Hey JM tell me again how war does not have a positive effect on gold prices😁

    100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21

  • SaorAlbaSaorAlba Posts: 7,562 ✭✭✭✭✭

    @Smudge said:
    Fill your gas tanks.

    Gas went up 34c a gallon near here this evening.

    Tir nam beann, nan gleann, s'nan gaisgeach ~ Saorstat Albanaich a nis!
  • MgarmyMgarmy Posts: 2,296 ✭✭✭✭✭

    @SmEagle1795 said:
    I'd take a lower price of gold in favor of descalating this.

    Totally concur. Watching news now for BDA reports.

    100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21

  • TomthecoinguyTomthecoinguy Posts: 849 ✭✭✭✭

    @SmEagle1795 said:
    I'd take a lower price of gold in favor of descalating this.

    I see that gold has dropped back below 1,600. I also heard some reports that the missile my have resulted in minimal damage.

  • 1630Boston1630Boston Posts: 13,801 ✭✭✭✭✭

    @Tomthecoinguy said:

    @SmEagle1795 said:
    I'd take a lower price of gold in favor of descalating this.

    I see that gold has dropped back below 1,600. I also heard some reports that the missile my have resulted in minimal damage.

    True but it's not over yet.

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • MilesWaitsMilesWaits Posts: 5,378 ✭✭✭✭✭

    Where is my main ($1650) man Jim Sinclair?

    Now riding the swell in PM's and surf.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,389 ✭✭✭✭✭

    " Make love, not war. "
    Anyone remember back then ?
    Gold was like $50 an ounce.

    Stack on.

    Peace is a dream.

  • MgarmyMgarmy Posts: 2,296 ✭✭✭✭✭

    Lowest I remember was 286 but I was in grade school

    100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21

  • 1630Boston1630Boston Posts: 13,801 ✭✭✭✭✭

    I remember around $400 per ounce.............wish I did not sell them :'(

    Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb

    Bad transactions with : nobody to date

  • logger7logger7 Posts: 8,588 ✭✭✭✭✭

    I hope not. I would never want to be a beneficiary due to the untold suffering of other people in war.

  • JustacommemanJustacommeman Posts: 22,849 ✭✭✭✭✭

    Unfortunately times like these is why one owns some gold. Financial insurance for uncertainty. While I own gold I hope it goes down, way down

    m

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • GRANDAMGRANDAM Posts: 8,546 ✭✭✭✭✭
    edited January 7, 2020 10:32PM

    If it escalates it won't last long,,,,,,,,,,,, sell your gold before it drops back if you are looking to sell.

    GrandAm :)
  • logger7logger7 Posts: 8,588 ✭✭✭✭✭

    "Buy on the rumor, sell on the news".

  • mark_dakmark_dak Posts: 1,119 ✭✭✭✭✭

    @GRANDAM said:
    If it escalates it won't last long,,,,,,,,,,,, sell your gold before it drops back if you are looking to sell.

    Yeah, this is the biggest and last international incident that will ever happen. Sell ALL your gold... to me

  • MgarmyMgarmy Posts: 2,296 ✭✭✭✭✭

    Too funny👍

    100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21

  • Cougar1978Cougar1978 Posts: 8,313 ✭✭✭✭✭
    edited January 8, 2020 5:19AM

    Yes but one guy talked to taken his gold off market so will only have numismatic material at FUN. He believes gold going higher than 1600. Says “might have a few there but marked up in stratosphere.” He has some CAC too says “it’s marked up bid plus 50 pct they gonna have to pay the money for that. In coming months it will skyrocket.”

    Coins & Currency
  • bearcavebearcave Posts: 3,996 ✭✭✭✭✭

    Both sides claim victory. Our President says "No Casualties" Iran is saying "Maximum Damage", so maybe it will end with that.

    Ken
  • jmlanzafjmlanzaf Posts: 34,758 ✭✭✭✭✭

    @jdimmick said:
    already there, should be 1650 by morning

    guess again.

  • CameonutCameonut Posts: 7,302 ✭✭✭✭✭

    Dropping like a rock. Glad I didn't buy yesterday.

    “In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson

    My digital cameo album 1950-64 Cameos - take a look!

  • BryceMBryceM Posts: 11,801 ✭✭✭✭✭

    Maybe we should just rename it fear-metal.

  • TomthecoinguyTomthecoinguy Posts: 849 ✭✭✭✭

    @Cameonut said:
    Dropping like a rock. Glad I didn't buy yesterday.

    Yep, even more now after the president spoke. This is good news.

  • jmlanzafjmlanzaf Posts: 34,758 ✭✭✭✭✭

    will we see $1400s during FUN? ;)

    I shorted silver last night. I should have held it till morning.

  • SmudgeSmudge Posts: 9,556 ✭✭✭✭✭

    @Cameonut said:
    Dropping like a rock. Glad I didn't buy yesterday.

    Wishing I had sold yesterday.

  • dbldie55dbldie55 Posts: 7,732 ✭✭✭✭✭

    @Mgarmy said:
    Lowest I remember was 286 but I was in grade school

    I remember around 250 (I think in 2000, after the world didn't end on January1). I recall a gentleman from Ohio coming into the coin shop and was looking at gold. He said he still had the gold he paid $800 an ounce for, but was all in and still buying.

    Collector and Researcher of Liberty Head Nickels. ANA LM-6053
  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭
    edited January 8, 2020 11:12AM

    down $19.40 right now

    Gold $1555.20/oz -19.40

    Frank

    BHNC #203

  • GRANDAMGRANDAM Posts: 8,546 ✭✭✭✭✭

    @mark_dak said:

    @GRANDAM said:
    If it escalates it won't last long,,,,,,,,,,,, sell your gold before it drops back if you are looking to sell.

    Yeah, this is the biggest and last international incident that will ever happen. Sell ALL your gold... to me

    Ok,,,,,, $1600 per oz,,,,,,, how much do you want?

    GrandAm :)
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Lots of gold at $300-400 an ounce....I was a buyer/stacker back then big time...lots of it .... :) So let it rise..and even the dips do not bother me....Cheers, RickO

  • MgarmyMgarmy Posts: 2,296 ✭✭✭✭✭

    That is awesome!

    100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21

  • PedzolaPedzola Posts: 1,027 ✭✭✭✭✭

    All you old-timers have those of us newer to the game jealous. I am underwater on most of my bullion, as I began collecting only around 2009. Most of my metals "collection" was purchased at much higher prices than today. Ill be "underwater" until silver gets back to $35/oz, gold 1700, and even then Ill be sitting on some cool looking platinum probably worth half what I paid for it.

  • blitzdudeblitzdude Posts: 6,026 ✭✭✭✭✭

    Gold is still in a nice uptrend. Hold on, stack on, enjoy the ride. Higher prices on the horizon IMO.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™

  • mark_dakmark_dak Posts: 1,119 ✭✭✭✭✭

    @GRANDAM said:

    @mark_dak said:

    @GRANDAM said:
    If it escalates it won't last long,,,,,,,,,,,, sell your gold before it drops back if you are looking to sell.

    Yeah, this is the biggest and last international incident that will ever happen. Sell ALL your gold... to me

    Ok,,,,,, $1600 per oz,,,,,,, how much do you want?

    PM me with any pre-1933 American gold - $1556.90 as I type. Whatcha got?

  • GRANDAMGRANDAM Posts: 8,546 ✭✭✭✭✭
    edited January 8, 2020 9:45PM

    Not looking to sell,,,,,, just saying that $1600 / oz wouldn't last for the short term.

    GrandAm :)
  • markelman1125markelman1125 Posts: 1,858 ✭✭✭✭✭

    @TwoSides2aCoin said:
    " Make love, not war. "
    Anyone remember back then ?
    Gold was like $50 an ounce.

    Stack on.

    Peace is a dream.

    When was this 😱😱😱😱
    Need to build a time machine !!!

  • mark_dakmark_dak Posts: 1,119 ✭✭✭✭✭

    Thanks but I'll pass. Can and do buy pre-1933 at melt as late as last week as I have mentioned in previous posts. If you're expecting a drop you should be happy to sell @ melt. Best you can do anywhere else will be 97% if you're lucky on generic gold.

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