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Gold up $51 today...

DavidLawrenceDavidLawrence Posts: 277 ✭✭
in U.S. Coin Forum
Not to jinx anything...but that's a stronger move than we've seen in a while.
John Feigenbaum

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    TwoSides2aCoinTwoSides2aCoin Posts: 45,026 ✭✭✭✭✭
    The mint got my order for a Gold Buffalo Proof yesterday. I should have orded 5.

    ``https://ebay.us/m/KxolR5

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    joebb21joebb21 Posts: 4,806 ✭✭✭✭✭
    Lets hope it closes up. Hopefully that will also help the longbeach show
    may the fonz be with you...always...
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    copperhuntercopperhunter Posts: 925 ✭✭✭
    Inverse coorelation to market dip.
    Chris' Non-Red Lincoln Set 1909-1958
    Chris' Complete Lincoln Variety Set 1909-date
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    JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭
    Cause and effect. Gold went up because job creation went down. Be careful what you wish for. With that being said, own some gold. MJ
    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......
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    DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    imageimage
    Becky
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    gripgrip Posts: 9,962 ✭✭✭✭✭


    << <i>Inverse coorelation to market dip. >>



    Dow - 220
    Al -$$$
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    johnny9434johnny9434 Posts: 32,404 ✭✭✭✭✭
    silver was way up as well. its bout time
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    DavidLawrenceDavidLawrence Posts: 277 ✭✭
    Gold now up $69.50! Not sure if one hot day qualifies as a run, but I've been waiting for something along these lines. Very similar economic conditions last year which damaged the Euro, are even more exaggerated now, yet gold has been declining. The same conditions in 2011 resulted in world-wide hoarding of gold, and a literal run on Sovereigns in Greece. This time around...the movement has been to to the US dollar. Until today, that is... Perhaps the "smart" money has been on the sidelines waiting for this. If this is the case, we could see a $200-300 run over just a few weeks time as investors shift their portfolios.
    John Feigenbaum
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    wondercoinwondercoin Posts: 17,128 ✭✭✭✭✭
    Precious metal message board for this.

    Wondercoin
    Please visit my website at www.wondercoins.com and my ebay auctions under my user name www.wondercoin.com.
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    MilesWaitsMilesWaits Posts: 5,566 ✭✭✭✭✭
    You are "spot" on....Own gold now, MJ!

    Rarely have my wishes affected anything that I can measure, my friend.

    Miles
    Now riding the swell in PM's and surf.
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    BryceMBryceM Posts: 11,933 ✭✭✭✭✭
    I'm sure you've all heard this before but it's something that I find to be useful:

    "Have some gold in your portfolio as a hedge and pray like crazy that it doesn't do well."

    To me, the price of gold isn't the correct term. A more correct term is the value of a dollar. Gold actually is money.

    It used to be 1/400th of an ounce. Now it's only buying 1/1600th of an ounce. It's probably a fair assessment that green paper money buys about 1/4 of what it did just 10 years ago.
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    roadrunnerroadrunner Posts: 28,374 ✭✭✭✭✭
    Hmm, I didn't notice.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
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    JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭


    << <i>Hmm, I didn't notice. >>



    That's because you are getting old and senile and watching Judge Judyimage

    MJ
    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......
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    gripgrip Posts: 9,962 ✭✭✭✭✭
    Before or after Milton Berleimage
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    ChrisRxChrisRx Posts: 5,619 ✭✭✭✭
    Perfect time to not buy.
    image
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    WestySteveWestySteve Posts: 567 ✭✭✭
    I know this has been discussed here before, but dovetailing with what the fat cat is saying:

    What's the best deal on numismatic gold right now. In other words, what coin(s) have gold content that closely approaches, or just barely exceeds its numismatic value? MS64 St. Gaudens????

    The wife wants us to have more gold

    Steve
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    RedneckHBRedneckHB Posts: 20,162 ✭✭✭✭✭


    << <i>Not to jinx anything...but that's a stronger move than we've seen in a while. >>



    Bear market rallies usually are very sharp.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    OnlyGoldIsMoneyOnlyGoldIsMoney Posts: 3,547 ✭✭✭✭✭


    << <i>What's the best deal on numismatic gold right now. In other words, what coin(s) have gold content that closely approaches, or just barely exceeds its numismatic value? MS64 St. Gaudens???? >>



    Although they are not pre-1933, I suggest modern (1984 and later) $5 and $10 US gold commemoratives. Some carry significant numismatic premiums but most do not.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    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

    March of Time - 27 Centuries in Gold
    https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=36590
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    mkman123mkman123 Posts: 6,849 ✭✭✭✭
    yay finally!
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
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    tradedollarnuttradedollarnut Posts: 20,608 ✭✭✭✭✭
    dead cat bounce
    Early Dollar Set
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    WestySteveWestySteve Posts: 567 ✭✭✭


    << <i>

    << <i>What's the best deal on numismatic gold right now. In other words, what coin(s) have gold content that closely approaches, or just barely exceeds its numismatic value? MS64 St. Gaudens???? >>



    Although they are not pre-1933, I suggest modern (1984 and later) $5 and $10 US gold commemoratives. Some carry significant numismatic premiums but most do not. >>



    Cool. Any specific suggestions on what to look at?
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    PerryHallPerryHall Posts: 47,532 ✭✭✭✭✭


    << <i>dead cat bounce >>



    I think the bad economic news and the much greater possibility of another inflationary QE may have killed that cat and threw it off a tall cliff.

    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

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    JohnMabenJohnMaben Posts: 957 ✭✭✭
    If the trend is still up next week it might have legs. For now feels like short covering.

    John Maben
    Pegasus Coin and Jewelry (Brick and Mortar)
    ANA LM, PNG, APMD, FUN, Etc
    800-381-2646

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    slincslinc Posts: 480 ✭✭


    << <i>I know this has been discussed here before, but dovetailing with what the fat cat is saying:

    What's the best deal on numismatic gold right now. In other words, what coin(s) have gold content that closely approaches, or just barely exceeds its numismatic value? MS64 St. Gaudens????

    The wife wants us to have more gold

    Steve >>



    Even in PCGS holders $5 modern Commems go for right around spot. Seems to be the best deal out there imo...Wish my wife was more like yours image
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    ColonelJessupColonelJessup Posts: 6,442 ✭✭✭✭✭


    << <i>dead cat bounce >>



    image


    There'll be no testing of even $1800. The exchange raising the options costs crushed the last mini-bubble and shut off strong moves to the upside.

    Gradual 100 day average downward drift until after the election. Major European shocks somewhat discounted except for abig one.
    "People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." - Geo. Orwell
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    RedneckHBRedneckHB Posts: 20,162 ✭✭✭✭✭


    << <i>

    << <i>dead cat bounce >>



    I think the bad economic news and the much greater possibility of another inflationary QE may have killed that cat and threw it off a tall cliff. >>




    The last rounds of QE havent brought any inflation, so why should another make any difference?
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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