Interesting gold holding it’s own above $1800. Silver $23.75 ? But
Palladium is lower than gold. Currently in $1770’s. That’s news! 🙃
Poor stocks down 1000
@Jzyskowski1 said:
Interesting gold holding it’s own above $1800. Silver $23.75 ? But
Palladium is lower than gold. Currently in $1770’s. That’s news! 🙃
I like to see that drop. Hoping to pick up one of the Palladium coins and this helps a lot.
I get my news sources mixed up but some where I read that palladium is going to get even more affordable. Their reasoning I don’t remember exactly but catalytic converters and the speed of electric vehicles coming on line. For some reason the author felt $1200 was where it was headed. Then again I really don’t know but enjoy watching the market a little. 🤔
@Jzyskowski1 said:
I get my news sources mixed up but some where I read that palladium is going to get even more affordable. Their reasoning I don’t remember exactly but catalytic converters and the speed of electric vehicles coming on line. For some reason the author felt $1200 was where it was headed. Then again I really don’t know but enjoy watching the market a little. 🤔
I have read similar thoughts. Some say Hybrids still need the Palladium so the move away from it hasn't been felt as much. The proof version was sold at $3400 for a while and then slowly brought down. It will be interesting to watch what happens. No way I would have been happy paying a 100% markup for the proof coin. Currently they are all still $2950 at the mint.
@Jzyskowski1 said:
I get my news sources mixed up but some where I read that palladium is going to get even more affordable. Their reasoning I don’t remember exactly but catalytic converters and the speed of electric vehicles coming on line. For some reason the author felt $1200 was where it was headed. Then again I really don’t know but enjoy watching the market a little. 🤔
Yup. The primary use for palladium is catalytic converters and the many new electric cars coming on line don't use catalytic converters which means demand will continue to drop. Not a good hold for a long term investment.
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
Palladium inverted with gold😎
Silver is just the little engine that could 😉.
And I’d like to thank the forum for letting us post once in awhile. Saves going to a different forum and we get to watch it all yo-yo 👀🙀🤨
Cool. Palladium switched with gold again last few hours
This is a bit off-topic (not gold), but the value for just about every metal has climbed to near record-high levels lately.
Aluminum is at $1.41/lb, nickel is at $10.87/lb, Copper is now $4.61/lb. A standard nickel (0.250 Ni, 0.750 Cu) contains almost 7 cents worth of metals now. Even a Zincoln is worth almost a cent right now.
@Goldminers said:
It is going to do way better than this. Get your $1,900 title ready.
You may be right.
Significant uptick from just this Valentines Day Morning:
GOLD $1,878.74 (+6.71)
Oh - and here are some photos from the day to to go with the day:
>
Don't look now. 1851
Another buying opportunity based on questionable Russian troop pullback news
Producer prices up almost 10% year over year. Gold usually keeps up with its purchasing power eventually. No reason to panic sell.
I'm not panic buying or panic selling. But gold bugs are always looking up. The simple fact is that gold has done next to nothing in the last 10 years. That's a long time to achieve 0% yield.
@Goldminers said:
It is going to do way better than this. Get your $1,900 title ready.
You may be right.
Significant uptick from just this Valentines Day Morning:
GOLD $1,878.74 (+6.71)
Oh - and here are some photos from the day to to go with the day:
>
Don't look now. 1851
Another buying opportunity based on questionable Russian troop pullback news
Producer prices up almost 10% year over year. Gold usually keeps up with its purchasing power eventually. No reason to panic sell.
I'm not panic buying or panic selling. But gold bugs are always looking up. The simple fact is that gold has done next to nothing in the last 10 years. That's a long time to achieve 0% yield.
Of course, I agree the past decade stocks were a much better investment than gold, if you wanted good yield returns, but the prior decade gold did very well. The next 10 years will be interesting.
Of course, I agree the past decade stocks were a much better investment than gold, if you wanted good yield returns, but the prior decade gold did very well. The next 10 years will be interesting.
Almost any long term period stocks win. I consider bullion for traders.
Comments
GOLD $1,861.10 (+1.63)
Staying in the 1860s as we prepare to head into the weekend after a day of record stock market index highs.
Interesting gold holding it’s own above $1800. Silver $23.75 ? But
Palladium is lower than gold. Currently in $1770’s. That’s news! 🙃
Poor stocks down 1000
🎶 shout shout, let it all out 🎶
I like to see that drop. Hoping to pick up one of the Palladium coins and this helps a lot.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
I get my news sources mixed up but some where I read that palladium is going to get even more affordable. Their reasoning I don’t remember exactly but catalytic converters and the speed of electric vehicles coming on line. For some reason the author felt $1200 was where it was headed. Then again I really don’t know but enjoy watching the market a little. 🤔
🎶 shout shout, let it all out 🎶
I have read similar thoughts. Some say Hybrids still need the Palladium so the move away from it hasn't been felt as much. The proof version was sold at $3400 for a while and then slowly brought down. It will be interesting to watch what happens. No way I would have been happy paying a 100% markup for the proof coin. Currently they are all still $2950 at the mint.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Yup. The primary use for palladium is catalytic converters and the many new electric cars coming on line don't use catalytic converters which means demand will continue to drop. Not a good hold for a long term investment.
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
GOLD $1,808.62 (+8.55)
After a brief hiatus gold again over $1800 as we head toward the weekend.
Palladium inverted with gold😎
Silver is just the little engine that could 😉.
And I’d like to thank the forum for letting us post once in awhile. Saves going to a different forum and we get to watch it all yo-yo 👀🙀🤨
Cool. Palladium switched with gold again last few hours
🎶 shout shout, let it all out 🎶
GOLD $1,815.63 (+3.06)
Once again in the 1800s and climbing.
GOLD $1,814.50 (+12.52)
Hanging in there as the New Year advances.
GOLD $1,821.81
Checking in close to a week later. Will this be the year we see $2,000 plus gold?
GOLD $1,827.71 (+4.23)
Heading into the weekend and incrementally climbing.
Gold $1 All Three Types
Type 1: 1852-P BU
Type 2: 1854-P RPD FS-301 XF/AU
Type 3: 1857-P Very Choice BU
A Barber Quartet is made up of Nickels, Dimes, Quarters, and Halves.
GOLD $1,840.90 (+26.55)
Wow - almost back to $1850 gold this morning!
I don’t have an 1840 but this is close enough…
Nice. 1836 is certainly within the "5 point plus or minus margin of error."
Getting back to where we started at 1850 Gold?
Apparently gold got up to $1852 earlier today getting over the $1850 benchmark.
Will we get to $1924 by Mid-February?
If so, guess we heard it here first.
NY Spot Bid
Ask
'dude
GOLD $1,842.47 (+7.37)
Nice to see the week starting with an upward tick.
Again over #1850!
GOLD $1,853.09 (+9.57)
Here is mine:
1849 now
1848 but the closest I have is 1849…
Gold hit $1853 today...
GOLD $1,809.48 (+7.74)
After testing the waters below $1800 over the weekend, now at midweek the trajectory appears heading back to the $1850s.
GOLD $1,822.06 (+13.18)
Nice jump to start the week.
Silver over $23 👍🏼
🎶 shout shout, let it all out 🎶
GOLD $1,834.47 (+0.63)
Continuing the climb.
This is a bit off-topic (not gold), but the value for just about every metal has climbed to near record-high levels lately.
Aluminum is at $1.41/lb, nickel is at $10.87/lb, Copper is now $4.61/lb. A standard nickel (0.250 Ni, 0.750 Cu) contains almost 7 cents worth of metals now. Even a Zincoln is worth almost a cent right now.
Looking forward to gold hitting 1850 again.
MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940
So what you're saying is: in the 9 months since you started this thread, gold has DROPPED $16.
So close:
GOLD $1,840.89 (+13.58)
Nice close 😉
🎶 shout shout, let it all out 🎶
Here’s a 1863 😉
🎶 shout shout, let it all out 🎶
OK, the bell definitely rang. We are back to $1850 gold and beyond:
GOLD $1,859.32 (+32.01)
It’s showing almost $1861 now…
GOLD $1,862.09 (+2.77)
Nice start for this week.
Happy Valentines Day!
It is going to do way better than this. Get your $1,900 title ready.
My US Mint Commemorative Medal Set
You may be right.
Significant uptick from just this Valentines Day Morning:
GOLD $1,878.74 (+6.71)
Oh - and here are some photos from the day to to go with the day:
>
Don't look now. 1851
Another buying opportunity based on questionable Russian troop pullback news
Producer prices up almost 10% year over year. Gold usually keeps up with its purchasing power eventually. No reason to panic sell.
My US Mint Commemorative Medal Set
I'm not panic buying or panic selling. But gold bugs are always looking up. The simple fact is that gold has done next to nothing in the last 10 years. That's a long time to achieve 0% yield.
https://goldprice.org/gold-price-history.html
As I always say, you can make money buying and selling bullion. I don't recommend holding bullion for long periods, however.
I have been collecting for more than 10 years, and I have been more than happy holding for a long period. LOL.
My US Mint Commemorative Medal Set
@jmlanzaf
Of course, I agree the past decade stocks were a much better investment than gold, if you wanted good yield returns, but the prior decade gold did very well. The next 10 years will be interesting.
My US Mint Commemorative Medal Set
Almost any long term period stocks win. I consider bullion for traders.
The ultimate forum party pooper has entered the arena. This has just been a fun thread. Leave it alone.
Any 1864-1870 Coins?!
My US Mint Commemorative Medal Set