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Gold at $1,300 again!

CommemKingCommemKing Posts: 2,202 ✭✭✭✭✭

Is this a sign that we are looking for. Could we see $2000?

Comments

  • BustCudsBustCuds Posts: 1,096 ✭✭✭

    What affect will the spike in Gold have at Baltimore Show???
    Imagine the floor will have a buzz.

  • TommyTypeTommyType Posts: 4,586 ✭✭✭✭✭

    I have the feeling "Election tension" has a lot to do with it. Come this time next week, who knows where it goes.

    (This investment advise courtesy of the "Captain Obvious Investment Group"). ;)

    Easily distracted Type Collector
  • Type2Type2 Posts: 13,985 ✭✭✭✭✭

    It's more like does it go to $1600 or over $2k they both suck. One needs to keep his mouth closed and the other needs to say yes I made a mistake that will never happen again it's not that hard to say or do so this show is going to be a good one for who ever is holding Silver or gold...



    Hoard the keys.
  • derrybderryb Posts: 37,147 ✭✭✭✭✭

    temporary rise. Not quite time for the big move up.

    Repetition of ignorance is ignorance raised to the power two.

  • This content has been removed.
  • AMRCAMRC Posts: 4,280 ✭✭✭✭✭

    Directly related to the news that Trump had a poll showing him ahead. He will be real good for uncertainty, and we know how much metals like uncertainty.

    MLAeBayNumismatics: "The greatest hobby in the world!"
  • CommemKingCommemKing Posts: 2,202 ✭✭✭✭✭

    I really think there are people out there who are taking their cash in gold and silver and heading to the hills with the uncertainty of this election.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    This was related to the possibility of an interest rate hike... went down right after it was held. Cheers, RickO

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    Metals up is good for coins.
    They're both "hard assets" and when hard assets are in favor, both are benefitted.
    :)

  • BackroadJunkieBackroadJunkie Posts: 3,745 ✭✭✭✭✭

    No, no, no, no, no. Keep the price suppressed until after the WLH goes on sale.

    After that, to da moon, donchaknow. :smiley:

  • mariner67mariner67 Posts: 2,746 ✭✭✭

    $2000?
    You're dreaming!

    Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Well... back up a bit after the post Fed dip..... must be election jitters. As most know, my predictions rarely are accurate... but I do persist.... :D Cheers, RickO

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,444 ✭✭✭✭✭

    Show me the coin and I bet the collectible value exceeds the intrinsic value , with each coin. Probably not by much. It depends on the grade. Right ?

  • CommemKingCommemKing Posts: 2,202 ✭✭✭✭✭

    Gold up $46 oz.

  • TopographicOceansTopographicOceans Posts: 6,535 ✭✭✭✭

    @CommemKing said:
    Gold up $46 oz.

    That's the Donald effect

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    @TopographicOceans said:

    @CommemKing said:
    Gold up $46 oz.

    That's the Donald effect

    Yes indeed. Will it be up $100 by tomorrow morning?
    Silver moving as well.

  • tizofthetizofthe Posts: 1,358 ✭✭✭

    @CommemKing said:
    Gold up $46 oz.
    TopographicOceans said:
    That's the Donald effect

    Me..I,
    I'll take both~ :)

    Transactions..
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  • VanHalenVanHalen Posts: 4,118 ✭✭✭✭✭

    This could make the 2016 Gold Walker Half pretty pricey. A grand if gold hit $1400 next week?

  • BochimanBochiman Posts: 25,446 ✭✭✭✭✭

    @VanHalen said:
    This could make the 2016 Gold Walker Half pretty pricey. A grand if gold hit $1400 next week?

    Would potentially make it like some of the 1st spouse coins when gold skyrocketed.....purchases were low and they ended up the keys. So, could make this one not even come close to a sell out and it could be a good buy (but, I think I am staying away from it as I didn't keep the other 2 of these....ended up not likely the designs as the mint did them)

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • CascadeChrisCascadeChris Posts: 2,525 ✭✭✭✭✭

    Pass

    The more you VAM..
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Metals are settling already... gold - $1301, silver - $18.75. Cheers, RickO

  • PerryHallPerryHall Posts: 46,356 ✭✭✭✭✭
    edited November 9, 2016 6:35AM

    Like the stock market the precious metals market frequently overreacts to change. Once the initial hysteria subsides the markets will fall back to their normal routine.

    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

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Yep... gold at $1278 and silver at $18.60 this morning... came back quickly. Cheers, RickO

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,444 ✭✭✭✭✭

    ...going down. The new floor is ? ? ?

  • OPAOPA Posts: 17,129 ✭✭✭✭✭

    @TwoSides2aCoin said:
    ...going down. The new floor is ? ? ?

    My guess...about where it is now - around $1225 & $17

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    With the dollar now very high, gold will stay down for some time, barring any major events.... Cheers, RickO

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