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the real price of physical gold and silver

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

Comments

  • hifisapihifisapi Posts: 42 ✭✭

    correction $2000 for gold oz.

  • PerryHallPerryHall Posts: 46,231 ✭✭✭✭✭

    @hifisapi said:
    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. :D

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • cmanbbcmanbb Posts: 1,059 ✭✭✭✭✭

    I'm seeing GSR at 99+

  • metalmeistermetalmeister Posts: 4,586 ✭✭✭✭✭

    The premium to spot varies depending on the current situation. Right now, We have a Situation on many levels.

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • derrybderryb Posts: 36,941 ✭✭✭✭✭
    edited May 20, 2020 6:57AM

    The real ask price and the real sell price are most often two different things.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • kiyotekiyote Posts: 5,577 ✭✭✭✭✭

    I’ve never been so tempted to get rid of my two first spouse coins!

    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • MilesWaitsMilesWaits Posts: 5,372 ✭✭✭✭✭

    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.

    Now riding the swell in PM's and surf.
  • DeutscherGeistDeutscherGeist Posts: 2,990 ✭✭✭✭

    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.

    "So many of our DREAMS at first seem impossible, then they seem improbable, and then, when we SUMMON THE WILL they soon become INEVITABLE "- Christopher Reeve

    BST: Tennessebanker, Downtown1974, LarkinCollector, nendee
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    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

  • MsMorrisineMsMorrisine Posts: 33,239 ✭✭✭✭✭

    where is $18?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • CoinHoarderCoinHoarder Posts: 2,589 ✭✭✭✭✭

    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.

  • dpooledpoole Posts: 5,940 ✭✭✭✭✭
    edited May 22, 2020 7:23AM

    @ricko said:
    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

    Ricko, Ricko, he's our guy!
    He foretells what, and foretells why!
    ;)

  • JimTylerJimTyler Posts: 3,433 ✭✭✭✭✭
    edited May 23, 2020 1:17PM

    @kiyote said:
    I’ve never been so tempted to get rid of my two first spouse coins!

    Good Luck. 3 just below melt on BST been listed for days no bites. Early gold hot modern not.

  • JimTylerJimTyler Posts: 3,433 ✭✭✭✭✭

    @hifisapi said:
    correction $2000 for gold oz.

    Subtract $260 fees from that $2k on eBay.

  • metalmeistermetalmeister Posts: 4,586 ✭✭✭✭✭

    $260 fees? Yikes Didn't know it got that high. Is that ebay+ pay pal + shipping+ ins.?

    email: ccacollectibles@yahoo.com

    100% Positive BST transactions
  • cmanbbcmanbb Posts: 1,059 ✭✭✭✭✭

    @metalmeister said:
    $260 fees? Yikes Didn't know it got that high. Is that ebay+ pay pal + shipping+ ins.?

    Just ebay & PayPal fees. Right at 13% nowadays

  • OPAOPA Posts: 17,124 ✭✭✭✭✭

    @cmanbb said:

    @metalmeister said:
    $260 fees? Yikes Didn't know it got that high. Is that ebay+ pay pal + shipping+ ins.?

    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.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • derrybderryb Posts: 36,941 ✭✭✭✭✭
    edited May 28, 2020 2:39PM

    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.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

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