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Gold up $51 today...
DavidLawrence
Posts: 277 ✭✭
Not to jinx anything...but that's a stronger move than we've seen in a while.
John Feigenbaum
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``https://ebay.us/m/KxolR5
Chris' Complete Lincoln Variety Set 1909-date
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......
<< <i>Inverse coorelation to market dip. >>
Dow - 220
Al -$$$
Wondercoin
Rarely have my wishes affected anything that I can measure, my friend.
Miles
"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.
<< <i>Hmm, I didn't notice. >>
That's because you are getting old and senile and watching Judge Judy
MJ
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......
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
<< <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.
Knowledge is the enemy of fear
<< <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.
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
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
<< <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?
<< <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
John Maben
Pegasus Coin and Jewelry (Brick and Mortar)
ANA LM, PNG, APMD, FUN, Etc
800-381-2646
<< <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
<< <i>dead cat bounce >>
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.
<< <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?
Knowledge is the enemy of fear