We may see $1800 gold this week - OK, now only weeks later and heading toward $2100
1northcoin
Posts: 3,761 ✭✭✭✭✭
Only $30 away from the benchmark at present:
GOLD $1,770.82 (+1.32)
6
Only $30 away from the benchmark at present:
GOLD $1,770.82 (+1.32)
Comments
Hold.
pre 33 graded gold coins common dates in MS-62 or MS-63 are selling north of 2,000/ ounce already
Those pre-1933 $20 gold coins are simply awesome! It was the right time to buy 2-3 years ago. Now would be the time to do some profit taking. If it continues to go up, then a bit more profit taking can be done.
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Interesting that GLD (paper gold) is leading physical gold here with a stronger break out......though in retracing the late 2011 secondary peaks.....physical gold is stronger.
Gold on month 54 since the Dec 2015 low ($1045) and 22 months since the August 2018 low ($1167). 21/22 and 55 month moves are pretty typical for gold and it's associates. And gold looks to be in the process now of retracing the strong August 2011 monthly candle stick (covered a range of 1608 to 1918). From a timing aspect, important monthly numbers being reached. The 21/22 month cycle has been very orderly in gold since 1999.
It would be nice ...
Or any other number...
Yep all those double eagles and Apmex (necklace/jewelry) AGEs purchased during the eBay 10x bonus bucks periods of 2018 sure are looking good now. Will be hard to let them all go but as the saying goes: Buy low sell high.
The whole worlds off its rocker, buy Gold™.
That would be cool. Hold
Just assessing the U.S. and world economic situation - at this time - I would say continue to hold. I am not the master analyst like @roadrunner (and that truly is a compliment), but just feels like there could be significant events in the near future that could send the prices up much further. I do have a crystal ball, but it is purely decorative Cheers, RickO
!!!
You just jinxed it
Yep, looks like gold started dropping shortly after he posted.
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Bullish
It’s gotten so crazy that even first spouse coins are desirable!
Ummmm. Still no! Haha!
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desirable to be melted for their gold content.
The gold spouse coins will go down in history, besides being available at spot or below, as the worst attempt at trying to generate interest in a super-low mintage and super-unattractive series.
And no rush if you want to build a set!
I have two— the problem with building a set now is that you can get some really nice proof Walkers for $900.. that’s a tough sell for an unattractive coin even if it is gold.
Oh that comment was entirely tongue in cheek! I was trying to point out that regardless of your “Set” timing I believe the Uglies will be available at spot. Or less.
And there is certainly a subset that some people build, but not me. I divested myself of the ex’s.
Too many pretty Buffaloes and Eagles And Beasts out there to corral!
Checking back now that the week has almost run. Looks like an uptick, but not quite to $1800 for now.
As of Friday evening:
GOLD $1,772.33 (+7.50)
I’m stacking regularly...even a blind squirrel like me finds a nut once in awhile. Go gold go!
Dave
Even the once "famous" 2009 UHR's are now going for minimal premiums to spot. The once "highly promoted" eventually fall hard. I still prefer the look and execution of the bigger coin - proof 1 oz. AGE's (1986-date).
I guess this could be the week:
GOLD $1,784.86 (+11.14)
Possibly today...
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I have seen common date MS63 peace dollar bid up to $91 on ebay / crazy....
1800! Nice round number .
No doubt but $2k sounds better.
The whole worlds off its rocker, buy Gold™.
What's not to like?
He who knows he has enough is rich.
Just the silly cacs sticker. Other than that she's a beauty,
The whole worlds off its rocker, buy Gold™.
It's a nuisance to break it out to melt it....
Agree! If the election goes left you can expect 2,800 by the third quarter 2021.
Now Wednesday morning --- inching closer to the $1800 mark:
GOLD $1,787.47 (+5.55)
How cool is this? As the 4th of July weekend starts off, here is the present number:
GOLD $1,776.00
Obviously a manipulated patriotic market!!
It's the global elite laughing at us, is exactly what it is. Never underestimate the power of the sign, symbol and symbology. Of all amounts for it to land on, at a historic time of crises right before our Independence Day, with the current state of many things.
Looks like another nice move in gold, figured I would jinx it by bumping this thread.
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The December gold contract is over $1800 now.
https://kitco.com/news/2020-07-07/December-gold-futures-already-above-1-800-as-investors-wait-for-August-gold-to-get-there-RBC-Wealth-Management.html
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1793.47 right now... maybe we will see 1800 today.
Once and for all....I'm tired of the "broken crystal balls," along with their gurus making predictions... This should be the week.
I have seen $1800 gold now and it is a beautiful sight.
I would have thought the chart readers/analysts would have been able to tell us quite a while ago....
For what it is worth I have taken a small 10 ounce position for the safety deposit box. Plan accordingly as I suspect we will see 800$ per shortly
11.5$ Southern Dollars, The little “Big Easy” set
Gold went over $1800 briefly yesterday but fell back.
Worry is the interest you pay on a debt you may not owe.
The good news is it's going to $2k. The bad news is those dollars won't be worth as much.
I agree..
1800 eclipsed
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Coincidentally, 60 minutes did a piece on South African gold production is almost tapped out. 2 miles down and that's it. Most miles are closed. Peace Roy
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I’m watching😊
it will be interesting to see how high gold goes the day they pass the 2nd stimulus bill