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In the black or in the red?

trozautrozau Posts: 3,455 ✭✭✭
Just for grins I totaled the cost for all my gold and platinum physical stack and divided it by their combined total troy ounce weight. At parity, I don't start getting into the red until they go below $455. image

How is everybody else doing? image
trozau (troy ounce gold)

Comments

  • fcfc Posts: 12,793 ✭✭✭
    sold everything i had a few months back except a handful of rare
    lib half eagles.
  • SmittysSmittys Posts: 9,876 ✭✭✭✭✭
    Been selling and buying at all levels, however buying a tad more at the lower levels
    However i had a decent amount at the 6.00 range to start the process with
    I remember holding gold at 400 too
    But with the buying and selling I figure i can weather any storm up, down, or just down

    PS see any Saints or Libertys Twenties selling any where around spot?
  • storm888storm888 Posts: 11,701 ✭✭✭
    I am very green, but only because I dumped all but the "emergency stash."

    That stash is carried at <$6 and <$400. If I marked it at what I could have
    sold it for, obviously, it would be red.

    BUT, just because your house does not burn down is not a good reason to
    cancel your home-insurance.

    ALL of my paper-SHORTS are very green.
    Folks Who Bite Get Bitten. Folks Who Don't Bite Get Eaten.
  • jdimmickjdimmick Posts: 9,691 ✭✭✭✭✭
    I stay in the black becuase I dont hold!!!!!!!
  • I will admit being in the red, but that is only because I have just started a physical stash this year. I am into my gold for about 800 an ounce (live.com cashback purchases) and just under 20 probably on silver. I don't have a huge stash, and I am planning on keeping buying, not selling out of fear. I still have a good 25-30 years to keep saving, and this is only a portion of my long term retirement/saving strategy. I am loving this price drop and will be a buyer again shortly, as physical prices keep coming down.
    imageQuid pro quo. Yes or no?
  • Green on all counts......

    Silver< $9 and gold< $400 as a total average .... but I'm increasing that averege every chance I get!!

    I'm an accumulator for now ....

    Always stack'n higher!! image
    Silver Baron
    ********************
    Silver is the mortar that binds the bricks of loyalty.
  • lope208lope208 Posts: 1,960 ✭✭


    << <i>I will admit being in the red, but that is only because I have just started a physical stash this year. I am into my gold for about 800 an ounce (live.com cashback purchases) and just under 20 probably on silver. I don't have a huge stash, and I am planning on keeping buying, not selling out of fear. I still have a good 25-30 years to keep saving, and this is only a portion of my long term retirement/saving strategy. I am loving this price drop and will be a buyer again shortly, as physical prices keep coming down. >>



    image Rob! Same situation here.
    Successful BST transactions:
    commoncents123, JrGMan2004, Coll3ctor (2), Dabigkahuna, BAJJERFAN, Boom, GRANDAM, newsman, cohodk, kklambo, seateddime, ajia, mirabela, Weather11am, keepdachange, gsa1fan, cone10
    -------------------------
  • trozautrozau Posts: 3,455 ✭✭✭
    So long as you look at PM's as a hedge rather than using them as an investment tool then you will come out well in the long run. Putting a part of your disposable income in PMs (when available) preserves the buying power of that part of your liquid assets against inflation. image Keep stacking!
    trozau (troy ounce gold)
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