We may see $1800 gold this week - OK, now only weeks later and heading toward $2100

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1northcoin
1northcoin Posts: 5,545 ✭✭✭✭✭
edited August 6, 2020 5:52AM in U.S. Coin Forum

Only $30 away from the benchmark at present:

GOLD $1,770.82 (+1.32)

«134

Comments

  • DeutscherGeist
    DeutscherGeist Posts: 2,998 ✭✭✭✭
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    Those pre-1933 $20 gold coins are simply awesome! It was the right time to buy 2-3 years ago. Now would be the time to do some profit taking. If it continues to go up, then a bit more profit taking can be done.

    "So many of our DREAMS at first seem impossible, then they seem improbable, and then, when we SUMMON THE WILL they soon become INEVITABLE "- Christopher Reeve

    BST: Tennessebanker, Downtown1974, LarkinCollector, nendee
  • roadrunner
    roadrunner Posts: 28,374 ✭✭✭✭✭
    edited June 24, 2020 2:08AM
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    Interesting that GLD (paper gold) is leading physical gold here with a stronger break out......though in retracing the late 2011 secondary peaks.....physical gold is stronger.

    Gold on month 54 since the Dec 2015 low ($1045) and 22 months since the August 2018 low ($1167). 21/22 and 55 month moves are pretty typical for gold and it's associates. And gold looks to be in the process now of retracing the strong August 2011 monthly candle stick (covered a range of 1608 to 1918). From a timing aspect, important monthly numbers being reached. The 21/22 month cycle has been very orderly in gold since 1999.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • Jimnight
    Jimnight Posts: 10,846 ✭✭✭✭✭
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    It would be nice ...

  • jmlanzaf
    jmlanzaf Posts: 43,062 ✭✭✭✭✭
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    Or any other number...

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • blitzdude
    blitzdude Posts: 7,726 ✭✭✭✭✭
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    Yep all those double eagles and Apmex (necklace/jewelry) AGEs purchased during the eBay 10x bonus bucks periods of 2018 sure are looking good now. Will be hard to let them all go but as the saying goes: Buy low sell high.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

  • johnny9434
    johnny9434 Posts: 34,111 ✭✭✭✭✭
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    That would be cool. Hold

  • Timbuk3
    Timbuk3 Posts: 11,658 ✭✭✭✭✭
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    :) !!!

    Timbuk3
  • JimTyler
    JimTyler Posts: 4,101 ✭✭✭✭✭
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    You just jinxed it

  • Tomthecoinguy
    Tomthecoinguy Posts: 851 ✭✭✭✭
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    Yep, looks like gold started dropping shortly after he posted.

  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
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    Bullish

    Investor
  • JTHawaii
    JTHawaii Posts: 113 ✭✭✭
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    @kiyote said:
    It’s gotten so crazy that even first spouse coins are desirable!

    Ummmm. Still no! Haha!

    Successful BST Transactions With: AUandAG, SurfinxHI, tightbudget, dmarks, jfoot13, jimineez1, PerryHall, rte592, cucamongacoin, Flackthat, robkool, Walkerguy21D, pruebas, KJB, LukeMarshall, 1630Boston, chumley, privatecoin, Histman, SullyFan2, al410, mcarney1173, Coinflip, mbogoman, dm679864, commoncents05, scooter25

  • jmlanzaf
    jmlanzaf Posts: 43,062 ✭✭✭✭✭
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    @kiyote said:
    It’s gotten so crazy that even first spouse coins are desirable!

    desirable to be melted for their gold content.

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • MilesWaits
    MilesWaits Posts: 5,598 ✭✭✭✭✭
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    The gold spouse coins will go down in history, besides being available at spot or below, as the worst attempt at trying to generate interest in a super-low mintage and super-unattractive series.
    And no rush if you want to build a set!

    Now riding the swell in PM's and surf.
  • kiyote
    kiyote Posts: 5,635 ✭✭✭✭✭
    edited June 25, 2020 12:24PM
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    @MilesWaits said:
    The gold spouse coins will go down in history, besides being available at spot or below, as the worst attempt at trying to generate interest in a super-low mintage and super-unattractive series.
    And no rush if you want to build a set!

    I have two— the problem with building a set now is that you can get some really nice proof Walkers for $900.. that’s a tough sell for an unattractive coin even if it is gold.

    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
  • MilesWaits
    MilesWaits Posts: 5,598 ✭✭✭✭✭
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    Oh that comment was entirely tongue in cheek! I was trying to point out that regardless of your “Set” timing I believe the Uglies will be available at spot. Or less.
    And there is certainly a subset that some people build, but not me. I divested myself of the ex’s.
    Too many pretty Buffaloes and Eagles And Beasts out there to corral!

    Now riding the swell in PM's and surf.
  • 1northcoin
    1northcoin Posts: 5,545 ✭✭✭✭✭
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    Checking back now that the week has almost run. Looks like an uptick, but not quite to $1800 for now.

    As of Friday evening:

    GOLD $1,772.33 (+7.50)

  • Dave99B
    Dave99B Posts: 8,947 ✭✭✭✭✭
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    I’m stacking regularly...even a blind squirrel like me finds a nut once in awhile. Go gold go!

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • roadrunner
    roadrunner Posts: 28,374 ✭✭✭✭✭
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    Even the once "famous" 2009 UHR's are now going for minimal premiums to spot. The once "highly promoted" eventually fall hard. I still prefer the look and execution of the bigger coin - proof 1 oz. AGE's (1986-date).

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • 1northcoin
    1northcoin Posts: 5,545 ✭✭✭✭✭
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    I guess this could be the week:

    GOLD $1,784.86 (+11.14)

  • asheland
    asheland Posts: 24,546 ✭✭✭✭✭
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    Possibly today...

    My YouTube Channel

  • Cougar1978
    Cougar1978 Posts: 10,067 ✭✭✭✭✭
    edited June 30, 2020 9:02AM
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    I have seen common date MS63 peace dollar bid up to $91 on ebay / crazy....

    Investor
  • MilesWaits
    MilesWaits Posts: 5,598 ✭✭✭✭✭
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    1800! Nice round number .

    Now riding the swell in PM's and surf.
  • blitzdude
    blitzdude Posts: 7,726 ✭✭✭✭✭
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    @MilesWaits said:
    1800! Nice round number .

    No doubt but $2k sounds better.

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

  • blitzdude
    blitzdude Posts: 7,726 ✭✭✭✭✭
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    @philographer said:
    What's not to like? :)

    Just the silly cacs sticker. Other than that she's a beauty,

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????
    Retiring at 55, what day is today? :sunglasses:

  • jmlanzaf
    jmlanzaf Posts: 43,062 ✭✭✭✭✭
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    @philographer said:
    What's not to like? :)

    It's a nuisance to break it out to melt it....

    All comments reflect the opinion of the author, even when irrefutably accurate.

  • 1northcoin
    1northcoin Posts: 5,545 ✭✭✭✭✭
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    Now Wednesday morning --- inching closer to the $1800 mark:

    GOLD $1,787.47 (+5.55)

  • Tomthecoinguy
    Tomthecoinguy Posts: 851 ✭✭✭✭
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    Looks like another nice move in gold, figured I would jinx it by bumping this thread.

  • Tomthecoinguy
    Tomthecoinguy Posts: 851 ✭✭✭✭
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    The December gold contract is over $1800 now.

    https://kitco.com/news/2020-07-07/December-gold-futures-already-above-1-800-as-investors-wait-for-August-gold-to-get-there-RBC-Wealth-Management.html

  • Mdcoincollector2003
    Mdcoincollector2003 Posts: 665 ✭✭✭✭✭
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    1793.47 right now... maybe we will see 1800 today.

  • OPA
    OPA Posts: 17,166 ✭✭✭✭✭
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    Once and for all....I'm tired of the "broken crystal balls," along with their gurus making predictions... This should be the week. ;)

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • MilesWaits
    MilesWaits Posts: 5,598 ✭✭✭✭✭
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    I have seen $1800 gold now and it is a beautiful sight.

    Now riding the swell in PM's and surf.
  • tincup
    tincup Posts: 5,485 ✭✭✭✭✭
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    I would have thought the chart readers/analysts would have been able to tell us quite a while ago....

    ----- kj
  • PerryHall
    PerryHall Posts: 47,760 ✭✭✭✭✭
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    Gold went over $1800 briefly yesterday but fell back.

    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

  • CoinJunkie
    CoinJunkie Posts: 8,772 ✭✭✭✭✭
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    The good news is it's going to $2k. The bad news is those dollars won't be worth as much.

    My Roosevelt Dime Registry Set
  • fivecents
    fivecents Posts: 11,207 ✭✭✭✭✭
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    @philographer said:
    What's not to like? :)

    I agree..

  • Mgarmy
    Mgarmy Posts: 2,296 ✭✭✭✭✭
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    1800 eclipsed

    100% positive transactions with SurfinxHI, bigole, 1madman, collectorcoins, proofmorgan, Luke Marshall, silver pop, golden egg, point five zero,coin22lover, alohagary, blaircountycoin,joebb21

  • MilesWaits
    MilesWaits Posts: 5,598 ✭✭✭✭✭
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    Now riding the swell in PM's and surf.
  • Namvet69
    Namvet69 Posts: 9,424 ✭✭✭✭✭
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    Coincidentally, 60 minutes did a piece on South African gold production is almost tapped out. 2 miles down and that's it. Most miles are closed. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • crazyhounddog
    crazyhounddog Posts: 14,252 ✭✭✭✭✭
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    I’m watching😊

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • coinpalice
    coinpalice Posts: 2,469 ✭✭✭✭✭
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    it will be interesting to see how high gold goes the day they pass the 2nd stimulus bill

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