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Go baby go!

maplemanmapleman Posts: 1,052 ✭✭✭✭✭
edited July 7, 2020 6:56AM in Precious Metals

Gold broke $1800 A few minutes ago. Here's hoping for an EXCELSIOR run!

Comments

  • JimTylerJimTyler Posts: 3,454 ✭✭✭✭✭

    High was about $1917 so still a way to go.

  • maplemanmapleman Posts: 1,052 ✭✭✭✭✭

    Would be very happy to see it but this for me will do for now.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Kitco showing $1795.....I know that is not bullion price... but 'moving on up' as George would say.... ;) Cheers, RickO

  • johnny9434johnny9434 Posts: 28,484 ✭✭✭✭✭

    Now to make it stick

  • maplemanmapleman Posts: 1,052 ✭✭✭✭✭

    It's high but I'm going to ride it for a bit. imho this is a buy opportunity. Short while will tell and In truth I've been wrong more often than right. I'm looking for 1900.

  • ashelandasheland Posts: 23,258 ✭✭✭✭✭

    2,000 would be nice...

  • maplemanmapleman Posts: 1,052 ✭✭✭✭✭

    @asheland said:
    2,000 would be nice...

    @asheland said:
    2,000 would be nice...

    Beyond nice... I'm wondering what impact the Chinese counterfeiting fraud is starting to impact the market. It could significantly impact rising prices if the stars align.

  • MilesWaitsMilesWaits Posts: 5,378 ✭✭✭✭✭
    edited July 7, 2020 1:59PM

    Yay! The PM Hammer has risen and dropped...

    Now riding the swell in PM's and surf.
  • alexercaalexerca Posts: 260 ✭✭✭

    I have been waiting for this since 2005! In 2011 I told my sister to get out now if she wasn't in for the long haul. She did and I should have and then bought back in because I would have profited big time. As it is I will still do alright !

  • jmski52jmski52 Posts: 22,941 ✭✭✭✭✭

    I should have and then bought back in because I would have profited big time. As it is I will still do alright !

    Given the current environment in finance, politics, the economy, and government overreach, I would say that timing isn't everything. If precious metals (or stocks, for that matter) could be timed perfectly, we'd all be rich.

    I've learned to take the position that precious metals are a core holding that makes sense for the long run, and not really for a killer trade.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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