@roadrunner said:
Where's Cohodk? Wasn't he one of the ones looking for $800 gold again? The bias runs strong in the gold deniers.
I too would like to see low gold, wouldn't that mean a stronger economy and dollar? It would also mean I could buy some without worrying that the bottom is going to fall out.
@roadrunner said:
Where's Cohodk? Wasn't he one of the ones looking for $800 gold again? The bias runs strong in the gold deniers.
I too would like to see low gold, wouldn't that mean a stronger economy and dollar? It would also mean I could buy some without worrying that the bottom is going to fall out.
You had an excellent chance to get back in at under $1200 in August 2018. That was the last boat heading out. Ironic that so few will touch PMs when they are bloodied and out of favor.....as in summer 2013, fall 2015, summer 2018.
@roadrunner said:
Where's Cohodk? Wasn't he one of the ones looking for $800 gold again? The bias runs strong in the gold deniers.
I too would like to see low gold, wouldn't that mean a stronger economy and dollar? It would also mean I could buy some without worrying that the bottom is going to fall out.
You had an excellent chance to get back in at under $1200 in August 2018. That was the last boat heading out. Ironic that so few will touch PMs when they are bloodied and out of favor.....as in summer 2013, fall 2015, summer 2018.
I was buying at that point and sold some at one of the minor jumps.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@MsMorrisine said:
what's the inflation adjusted all time high?
during a time of high CPI inflation:
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Yes, the current CPI adjusted high for Au is ~$2,660.00
Most recent chart I could find, I'll accept Van's answer to be correct. Maybe he can provide us an up to date chart.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
It looks more like a chart of the marginal cost of gold production, which is largely predicated by the at-the-time costs of capital equipment, labor, regulatory compliance, and, --especially-- Fuel.
@cohodk said:
What would be the inflation adjusted price of silver? Platinum?
What does it matter? What matters is they all made the adjustment from inflation. Insurance.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Yes, the current CPI adjusted high for Au is ~$2,660.00
Most recent chart I could find, I'll accept Van's answer to be correct. Maybe he can provide us an up to date chart.
I don't have a current chart. I took the 1980 high of ~$850 and ran it through a CPI calculator. We've had 313% inflation since 1980. $850 X 3.13 = $2,660.
Yes, the current CPI adjusted high for Au is ~$2,660.00
Most recent chart I could find, I'll accept Van's answer to be correct. Maybe he can provide us an up to date chart.
I don't have a current chart. I took the 1980 high of ~$850 and ran it through a CPI calculator. We've had 313% inflation since 1980. $850 X 3.13 = $2,660.
And the value of other assets since 1980 such as Treasury bonds, Sp500, single family house, average new car? What would be those prices?
And the value of other assets since 1980 such as Treasury bonds, Sp500, single family house, average new car? What would be those prices?
You really don't understand the role of gold when it comes to holding it instead of dollars, do you?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Not only the ride but I'm sitting here In idaho popping massive amounts of corn to watch the best show of my life! This will make election night 2016 like watching the Waltons in comparison!
Comments
I too would like to see low gold, wouldn't that mean a stronger economy and dollar? It would also mean I could buy some without worrying that the bottom is going to fall out.
Collector, occasional seller
You had an excellent chance to get back in at under $1200 in August 2018. That was the last boat heading out. Ironic that so few will touch PMs when they are bloodied and out of favor.....as in summer 2013, fall 2015, summer 2018.
I would be happy to see $2000 even for a few minutes as I continue to refresh my Kitco app today.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
$2005.8 last flash.
2000.50 on kitco
hurray?
is this really a good thing?
I was buying at that point and sold some at one of the minor jumps.
Collector, occasional seller
Today's high so far is $2002 from kitco
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
instagram.com/klnumismatics
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
IMHO it could be a lot worse.....> @MsMorrisine said:
if you look at history, gold will top out once silver hits the all time high which is 50/ounce
.
My YouTube Channel
what's the inflation adjusted all time high?
during a time of high CPI inflation:
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
looks like the wealth has now shifted to the coin collectors
Bring it!
The whole worlds off its rocker, buy Gold™.
The Great Reset cometh. And Trump is ready, I would assume. So we shall see what they set the Gold Price at in the new currency.
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Dude! You went from $2000 possibly to $5000 on this thread title, with no air between the ball and the basket?
derryb's 1980 - $2358 inflation adjusted price makes a nice target this time around.
Next Immediate target is $2025........the 45th Angel.....45x45.
Dang
....does that chart ever say a lot!!!
Knowledge is the enemy of fear
The gold price is telling us it’s 2020!
Collector
75 Positive BST transactions buying and selling with 45 members and counting!
instagram.com/klnumismatics
Where is the rest of it? 🤔
Liberty: Parent of Science & Industry
is it an old chart?
You can set the date on a chart to basically make it say whatever you want it to say. The missing 11 years would change the story dramatically.
The whole worlds off its rocker, buy Gold™.
Gold at $2028.32 up $47.09 right now.
Yes, the current CPI adjusted high for Au is ~$2,660.00
Most recent chart I could find, I'll accept Van's answer to be correct. Maybe he can provide us an up to date chart.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
It looks more like a chart of the marginal cost of gold production, which is largely predicated by the at-the-time costs of capital equipment, labor, regulatory compliance, and, --especially-- Fuel.
Liberty: Parent of Science & Industry
What would be the inflation adjusted price of silver? Platinum?
Knowledge is the enemy of fear
What does it matter? What matters is they all made the adjustment from inflation. Insurance.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I don't have a current chart. I took the 1980 high of ~$850 and ran it through a CPI calculator. We've had 313% inflation since 1980. $850 X 3.13 = $2,660.
Well, they havent. And thats the point. As insurance policies, theyve been terrible. Hopefully they catch up.
Knowledge is the enemy of fear
And the value of other assets since 1980 such as Treasury bonds, Sp500, single family house, average new car? What would be those prices?
Knowledge is the enemy of fear
You really don't understand the role of gold when it comes to holding it instead of dollars, do you?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Must of got caught up in the hype, thinking I probably should change back to $2,500...$5K is certainly coming but baby steps...lol
The whole worlds off its rocker, buy Gold™.
$15K by 2025
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Omg i hope you are right!
Premium collector coins, Quality good location real estate, fast growing business' stocks will be thru the roof!
Liberty: Parent of Science & Industry
(And crappy companies and bad to live in houses and common junk trinkets will continue to get worse and more common)
Liberty: Parent of Science & Industry
Not only the ride but I'm sitting here In idaho popping massive amounts of corn to watch the best show of my life! This will make election night 2016 like watching the Waltons in comparison!
>
When i put gold around my lady's neck she holds me.
Knowledge is the enemy of fear
Good Morning!
The whole worlds off its rocker, buy Gold™.
You could look at it like a woman's labor pains ... they keep getting harder and faster until the bundle of joy comes
You can bypass the video if you want. Enjoy.
https://www.cnn.com/2020/08/05/investing/premarket-stocks-trading/index.html
$10k gold, and $500 silver by 2021?
lol that's almost crazy talk.
The whole worlds off its rocker, buy Gold™.
And you thought you were setting the bar a bit too high at $5000!
And thank you by the way for setting the interim possibility price.
If this gold surge continues may have to consider a trip to the dentist. To remove my 2 gold crowns.
Morticians will be pulling teeth like crazy
yep, recycled gold shop is the most popular business in town, long lines waiting
Yes there is a lot that becomes economically recoverable as the price goes higher..
Gotta getnit pure and locked up in strong boxes and underground bunkers in order to save the.. um.. wai... Whaa?
Liberty: Parent of Science & Industry