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Gold at $1,300 again!
CommemKing
Posts: 2,202 ✭✭✭✭✭
Is this a sign that we are looking for. Could we see $2000?
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What affect will the spike in Gold have at Baltimore Show???
Imagine the floor will have a buzz.
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").
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.
temporary rise. Not quite time for the big move up.
"Money does not care about speeches on morality. Capital asks whether the rules will remain the same tomorrow. With inflation, people assume price is the problem, and propose regulation—but price is simply the message." - Martin Armstrong
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.
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.
This was related to the possibility of an interest rate hike... went down right after it was held. Cheers, RickO
Metals up is good for coins.
They're both "hard assets" and when hard assets are in favor, both are benefitted.
No, no, no, no, no. Keep the price suppressed until after the WLH goes on sale.
After that, to da moon, donchaknow.
$2000?
You're dreaming!
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....
Cheers, RickO
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 ?
Gold up $46 oz.
That's the Donald effect
Yes indeed. Will it be up $100 by tomorrow morning?
Silver moving as well.
@CommemKing said:
Gold up $46 oz.
TopographicOceans said:
That's the Donald effect
Me..I,
I'll take both~
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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
Pass
Metals are settling already... gold - $1301, silver - $18.75. Cheers, RickO
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
Yep... gold at $1278 and silver at $18.60 this morning... came back quickly. Cheers, RickO
...going down. The new floor is ? ? ?
My guess...about where it is now - around $1225 & $17
With the dollar now very high, gold will stay down for some time, barring any major events.... Cheers, RickO