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the real price of physical gold and silver
hifisapi
Posts: 42 ✭✭
On ebay, gold eagles are selling for $3000 while silver eagles are selling for $25.
Thats the real "ask"prices. GSR is 80 BTW. JCO
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hifisapi
Posts: 42 ✭✭
hifisapi
Posts: 42 ✭✭
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correction $2000 for gold oz.
Click on the gear symbol on the upper right corner of you post and then click on "EDIT" to change your post. I do this all the time with my posts since I can't spell worth chit.
Worry is the interest you pay on a debt you may not owe.
I'm seeing GSR at 99+
The premium to spot varies depending on the current situation. Right now, We have a Situation on many levels.
100% Positive BST transactions
The real ask price and the real sell price are most often two different things.
Give Me Liberty or Give Me Debt
I’ve never been so tempted to get rid of my two first spouse coins!
I have been slowly liquidating any spouse coins I find that I still have. The less inventory the better.
Spot is the determining factor in the value of these non-keepers.
I agree with the OP about the actual gold and silver values/prices. If you bought gold for $1300-$1500/oz, profit taking should at least be considered. At the very least, it can be seen as an opportunity to unload some inventory that you do not like.
Ever since gold reached a previous peek spot price of $1900+ several years ago, I was waiting for it to breach that value at some point and it looks like it did this time. To me, it means, I have to just hold what I have and not buy more gold for now. I am surprised silver prices are no where near their previous highs, but it could still come. Next year, we may be looking at these prices as quite cheap compared to what they would be. It could also be that next year, gold could be $1500/oz and silver $18/oz in actual prices.
BST: Tennessebanker, Downtown1974, LarkinCollector, nendee
I will continue to hold (both silver and gold)...no need to sell, and viewing the overall economic situation, prices could easily escalate - or not. Cheers, RickO
where is $18?
I do not usually sell. However, it would seem wise to sell at the "real sell" price when it is high. Sit on the cash, and re-purchase more when the price drops. Seems like a really good current "real sell" price for gold.
As they say: Bulls Make Money, Bears Make Money, Pigs Get Slaughtered. Nobody has a crystal ball, so trying to time the peak of the market can be quite a gamble.
Ricko, Ricko, he's our guy!
He foretells what, and foretells why!
Here's a warning parable for coin collectors...
Good Luck. 3 just below melt on BST been listed for days no bites. Early gold hot modern not.
Subtract $260 fees from that $2k on eBay.
$260 fees? Yikes Didn't know it got that high. Is that ebay+ pay pal + shipping+ ins.?
100% Positive BST transactions
Just ebay & PayPal fees. Right at 13% nowadays
True, if you don't have a "store" subscription. Less than 10% for both, if you have one.
The price of gold is relatively cheap compared to the current money supply. And that money supply is gonna keep growing, growing and growing as the FED, not wanting to let a crisis go to waste, sees an opportunity to test the limits of Modern Monetary Theory (MMT: Magic Money Tree). Silver even cheaper when compared to money supply.
This is not the selling opportunity that tunnel vision sees. It is the buying opportunity of a lifetime.
Give Me Liberty or Give Me Debt