In the black or in the red?
trozau
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.
How is everybody else doing?
How is everybody else doing?
trozau (troy ounce gold)
0
Comments
lib half eagles.
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?
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.
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!!
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Silver is the mortar that binds the bricks of loyalty.
<< <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. >>
Rob! Same situation here.
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