Home Precious Metals

OVERTIME! By 7/29/2022 - 1 Share of Amazon or Equivalent $ of Gold? - I'm talking about a 7/30 Start

MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭
edited December 29, 2023 3:00PM in Precious Metals

place your bets

over 1 year - which outperforms on a %age basis?

Amazon - price on 7/29/2021: $ 3,327.59

or

Gold - price on 7/29/2021: $ 1,814.30

?

.

edit: the start date is 7/30/2021


Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
«1

Comments

  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    Amazon

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • thefinnthefinn Posts: 2,652 ✭✭✭✭✭

    Gold.
    I remember when Amazon’s P/E was blank because you can’t divide by zero.

    thefinn
  • blitzdudeblitzdude Posts: 5,268 ✭✭✭✭✭
    edited July 29, 2021 1:42PM

    HOOD baby. Diamond hands! 💎🙌

    The whole worlds off its rocker, buy Gold™.

  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    perhaps I should track silver for blitzdude's amusement?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • blitzdudeblitzdude Posts: 5,268 ✭✭✭✭✭

    OK I'll take gold over amzn and only because I expect a severe market correction within the next 12mo. THKS!

    The whole worlds off its rocker, buy Gold™.

  • LukeMarshallLukeMarshall Posts: 1,881 ✭✭✭✭✭

    I picked platinum last time when they were both 1000.

    It's all about what the people want...

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    At this time... I would pick the gold... IMO, little to no chance of loss...Cheers, RickO

  • OPAOPA Posts: 17,103 ✭✭✭✭✭

    Amazon, just like in the previous years. :)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • GoldminersGoldminers Posts: 3,557 ✭✭✭✭✭

    Amazon just dropped about 7% more than gold did today, so Amazon has a slight initial advantage for some dip buying near term.

    Plenty of free money being handed by the government to assist more shoppers the next 12 months, so I will reluctantly say Amazon, but if I am wrong, I will still win ;)

  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭
    edited July 30, 2021 2:23PM

    Charts in OP

    gold is down just under 10% since last july which was near all time highs

    amazon was trading sideways for 11 months despite the free money. then it broke above it for a month, but has now fallen inside the range again.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MartinMartin Posts: 802 ✭✭✭✭✭

    amazon. I hold no amazon but I have a little gold

    Martin

  • JustacommemanJustacommeman Posts: 22,847 ✭✭✭✭✭
    edited July 30, 2021 4:03PM

    AMZN. Gold should have shined by now. Everytime we have done this the stock has outperformed metal by a county mile. Maybe this time will be different. Also a reoccurring PM Forum sentiment

    I have both so I'll root for both

    m

    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • TwoSides2aCoinTwoSides2aCoin Posts: 43,748 ✭✭✭✭✭
    edited July 31, 2021 6:20AM

    Burning up profits to fire up fossil fuel.

  • blitzdudeblitzdude Posts: 5,268 ✭✭✭✭✭

    May actually sell a share of $HOOD tomorrow and buy some gutter. I need 3 type 2's for the ASE Danscos.

    The whole worlds off its rocker, buy Gold™.

  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    if the Dansco's are filled with Type 1 gutter, then putting a Type 2 in would be starting a new collection of Type 2 gutter

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • blitzdudeblitzdude Posts: 5,268 ✭✭✭✭✭

    @MsMorrisine said:
    if the Dansco's are filled with Type 1 gutter, then putting a Type 2 in would be starting a new collection of Type 2 gutter

    Perhaps but for now I'll just keep them all in the same album. Should of stuck with gold. The heirs would of certainly been happier although the type 2 dilemma would still persist. Win some lose some. RGDS!

    The whole worlds off its rocker, buy Gold™.

  • blitzdudeblitzdude Posts: 5,268 ✭✭✭✭✭

    @blitzdude said:
    May actually sell a share of $HOOD tomorrow and buy some gutter. I need 3 type 2's for the ASE Danscos.

    Well maybe half a share. lol

    The whole worlds off its rocker, buy Gold™.

  • WingsruleWingsrule Posts: 2,977 ✭✭✭✭

    Two weeks in, AMZN is ahead.

  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • pcgscacgoldpcgscacgold Posts: 2,594 ✭✭✭✭✭

    I hope all the Amazon people are right because then I’ll be able to buy a lot of Pre-33 gold with profits. Best of both worlds.

  • s4nys4ny Posts: 1,562 ✭✭✭

    3 years: Amazon...100 Years: Gold. Remember each of the 3 largest retail stocks on the NYSE (prior to WalMart) went bankrupt and to zero: Woolworth, Sears, & Kmart.

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,748 ✭✭✭✭✭

    I bought 1 share of Amazon and that's equivalent to 1.85 ounces of gold, (4coin AGE set ) which was purchased at spot... ( minus a premium). We will see in a year.

    I think that gold will still be prettier, as seen below.
    .

  • PerryHallPerryHall Posts: 45,175 ✭✭✭✭✭

    @TwoSides2aCoin said:
    I bought 1 share of Amazon and that's equivalent to 1.85 ounces of gold, (4coin AGE set ) which was purchased at spot... ( minus a premium). We will see in a year.

    I think that gold will still be prettier, as seen below.
    .

    The gold dollar in the Type 2 hole sure looks like a Type 3.

    Worry is the interest you pay on a debt you may not owe.

  • JimTylerJimTyler Posts: 2,990 ✭✭✭✭✭

    Who’s winning today ?

  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    AMZN

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • johnny9434johnny9434 Posts: 27,297 ✭✭✭✭✭

    Gold
    Amazon is just paper

  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • OPAOPA Posts: 17,103 ✭✭✭✭✭

    Once again, just like in previous years, this won't be much of a contest with Amazon whuppin the s--t out of Gold. B)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • blitzdudeblitzdude Posts: 5,268 ✭✭✭✭✭

    Well my only update since the last update is I bought AMZN and no actual gold. If you can't beat them join them as the money makers always say. Lulz.

    The whole worlds off its rocker, buy Gold™.

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,748 ✭✭✭✭✭

    Gold is so dull that a crown of it would not make Bezo's head shine any brighter.

  • TwoSides2aCoinTwoSides2aCoin Posts: 43,748 ✭✭✭✭✭
    edited October 31, 2021 7:16AM

    @OPA said:
    Once again, just like in previous years, this won't be much of a contest with Amazon whuppin the s--t out of Gold. B)

    I dunno.


    Until profits are made.... ounce for ounce or pound for pound..... I do better working with gold , UPS and FedEx. Business greases a lot more palms, with those delivery guys , for me.

    As investing goes.... it sits and grows.

  • alexercaalexerca Posts: 243 ✭✭✭

    You can bet on your gold or you can bet on Amazon. I will bet land in idaho will beat both!

  • taxmadtaxmad Posts: 960 ✭✭✭✭

    @alexerca said:
    You can bet on your gold or you can bet on Amazon. I will bet land in idaho will beat both!

    You are not wrong my friend!

  • OPAOPA Posts: 17,103 ✭✭✭✭✭

    Time to plant some potatoes in Idaho. Got to prepare for the End of Time. ;)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • s4nys4ny Posts: 1,562 ✭✭✭

    I don't know about 12 months, but in 100 years or 1000 the gold will be worth much more. Take a look at the largest and most valuable retailers on the NY Stock Exchange historically.

    Woolworth was so important it had the ticker symbol Z. It gave way to Sears, another one letter ticker symbol S. Sears gave way to SS Kresge which evolved into KMart (KM), then the world's largest retailer. Sears and KM merged when acquired out of bankruptcy by Eddie Lampert, and then Sears Holdings went bankrupt itself.

    Earlier, when Kresge/KMart was enjoying success, Woolworth started Woolco (copycat) which didn't make it. The corporate shell wound up as Foot Locker which for some time maintained the symbol Z.

    Along the way Montgomery Ward (symbol M) got acquired by Mobil Oil (formerly Std Oil of NY) which itself was acquired by Exxon (formerly Std Oil on NJ symbol J)

    WalMart was one store in 1960, now the world's largest retailer (by sales) but is looking over its shoulder at Amazon.

    Companies such as Procter and Gamble that were created around the same time as F.W. Woolworth have managed to evolve and prosper. Retailers don't seem to have that ability.

    Take the gold, for the long run.

  • jmski52jmski52 Posts: 22,263 ✭✭✭✭✭

    Great synopsis!

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • OPAOPA Posts: 17,103 ✭✭✭✭✭
    edited January 1, 2022 10:45AM

    @s4ny said:
    I don't know about 12 months, but in 100 years or 1000 the gold will be worth much more. Take a look at the largest and most valuable retailers on the NY Stock Exchange historically.

    Woolworth was so important it had the ticker symbol Z. It gave way to Sears, another one letter ticker symbol S. Sears gave way to SS Kresge which evolved into KMart (KM), then the world's largest retailer. Sears and KM merged when acquired out of bankruptcy by Eddie Lampert, and then Sears Holdings went bankrupt itself.

    Earlier, when Kresge/KMart was enjoying success, Woolworth started Woolco (copycat) which didn't make it. The corporate shell wound up as Foot Locker which for some time maintained the symbol Z.

    Along the way Montgomery Ward (symbol M) got acquired by Mobil Oil (formerly Std Oil of NY) which itself was acquired by Exxon (formerly Std Oil on NJ symbol J)

    WalMart was one store in 1960, now the world's largest retailer (by sales) but is looking over its shoulder at Amazon.

    Companies such as Procter and Gamble that were created around the same time as F.W. Woolworth have managed to evolve and prosper. Retailers don't seem to have that ability.

    Take the gold, for the long run.

    100 years or 1,000 years from now, gold will just be another worth-less antique. The asteroids, moons, planets are abundant in primary minerals, which will make current PM's redundant. That's my take.

    edited for proper grammar.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • TPGSTPGS Posts: 207 ✭✭✭

    I own a good bit of gold and silver. I have 12 shares of amazon. AWS could spin off from amazon someday and will be a major player in the metaverse either way. Some pundits predict $10,000 a share in a few years. I know it sounds crazy. But AMZN makes 40% of every dollar spent on the internet. Pretty darn impressive numbers but AWS makes even more money than Amazons internet sales. I believe amazon is THE stock to own.

  • cagcrispcagcrisp Posts: 1,057 ✭✭✭✭✭

    AMZN is THE stock that the Dow wants. Before the 2024 Presidential election, AMZN will do a 10 for 1 split and AMZN will be Added to the Dow as the THE stock in the Dow.

    AMZN would be a $5,000.00 stock in short order If it announced a 10 for 1 split…

  • TPGSTPGS Posts: 207 ✭✭✭

    @cagcrisp said:
    AMZN is THE stock that the Dow wants. Before the 2024 Presidential election, AMZN will do a 10 for 1 split and AMZN will be Added to the Dow as the THE stock in the Dow.

    AMZN would be a $5,000.00 stock in short order If it announced a 10 for 1 split…

    AMZN has only split 3 times. Once in 1998 and twice in 1999. They are long over due at 23 years. A 10 for 1 split would give me 120 shares. That would crazy good.
    One reason AMZN has taken 40% of market share of retail internet sales is they run on a razor thin margin. They under cut everyone else. They can do this because the prime membership income fills that gap.

  • cagcrispcagcrisp Posts: 1,057 ✭✭✭✭✭

    @TPGS said:

    @cagcrisp said:
    AMZN is THE stock that the Dow wants. Before the 2024 Presidential election, AMZN will do a 10 for 1 split and AMZN will be Added to the Dow as the THE stock in the Dow.

    AMZN would be a $5,000.00 stock in short order If it announced a 10 for 1 split…

    AMZN has only split 3 times. Once in 1998 and twice in 1999. They are long over due at 23 years. A 10 for 1 split would give me 120 shares. That would crazy good.
    One reason AMZN has taken 40% of market share of retail internet sales is they run on a razor thin margin. They under cut everyone else. They can do this because the prime membership income fills that gap.

    You have to remember that even if you get 120 shares on a 10 for 1 split that in Theory the price per share should be 10% of the previous level, however, I expect being put in the Dow as the Lead Dog will Increase the share price to $500.00 per share.

    AAPL was Lead Dog in the Dow and politically they chose to split to Decrease their influence. I'm expecting AMZN will do just the opposite....

  • TPGSTPGS Posts: 207 ✭✭✭

    @cagcrisp said:

    @TPGS said:

    @cagcrisp said:
    AMZN is THE stock that the Dow wants. Before the 2024 Presidential election, AMZN will do a 10 for 1 split and AMZN will be Added to the Dow as the THE stock in the Dow.

    AMZN would be a $5,000.00 stock in short order If it announced a 10 for 1 split…

    AMZN has only split 3 times. Once in 1998 and twice in 1999. They are long over due at 23 years. A 10 for 1 split would give me 120 shares. That would crazy good.
    One reason AMZN has taken 40% of market share of retail internet sales is they run on a razor thin margin. They under cut everyone else. They can do this because the prime membership income fills that gap.

    You have to remember that even if you get 120 shares on a 10 for 1 split that in Theory the price per share should be 10% of the previous level, however, I expect being put in the Dow as the Lead Dog will Increase the share price to $500.00 per share.

    AAPL was Lead Dog in the Dow and politically they chose to split to Decrease their influence. I'm expecting AMZN will do just the opposite....

    Yes the value stays the same at the time of the split. I am a buy and hold guy. I accumulate AMZN shares just like a did gold in pre 2007. I don't sweat the price I just aqquire as many shares as I can. At some point AMZN will be to high price for me to buy. Just like gold is for me right now.

  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    go gold!

    up slightly better than amazon at the end of December

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • blitzdudeblitzdude Posts: 5,268 ✭✭✭✭✭

    I'm still buying gold. RGDS!

    The whole worlds off its rocker, buy Gold™.

  • MsMorrisineMsMorrisine Posts: 32,004 ✭✭✭✭✭

    Amazon reports on thur

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
Sign In or Register to comment.