So gold had now officially not moved at all for a year...
How did the stock market and the crypto market do compared to a year ago?
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
So gold had now officially not moved at all for a year...
How did the stock market and the crypto market do compared to a year ago?
Down 7%
Over the last 5 years, however, S&P 500 is up 61% and gold is only up 47%.
But that's really not the point. This thread has been celebrating every rise in gold for a year and we're right where we started. You don't find that a little funny?
All comments reflect the opinion of the author, even when irrefutably accurate.
So gold had now officially not moved at all for a year...
How did the stock market and the crypto market do compared to a year ago?
Down 7%
Over the last 5 years, however, S&P 500 is up 61% and gold is only up 47%.
But that's really not the point. This thread has been celebrating every rise in gold for a year and we're right where we started. You don't find that a little funny?
Perhaps. I can see the circular irony but I am extremely happy with metals. I don’t crypto but apparently it’s not going well.
I’ll grab a little gold when I can and keep on stacking silver. Continue on thru the fog of coin collecting 😉🙀🦫
So gold had now officially not moved at all for a year...
Not bad when you consider the alternatives are down considerably. Doing ok even with the dollar moving higher.
S&P is only down 7% during that same period. I would bet on the S&P over the next 12 months, how about you?
I have some of everything and like my kids, I try not to compare them. When I do the good usually turn south and the bad make a run. Right now my CAC gold coinage is excelling and the stocks are crashing (well today they are doing ok). Tomorrow who knows. I can't control the crazies that are running the World or running to try and run the World.
So gold had now officially not moved at all for a year...
Not bad when you consider the alternatives are down considerably. Doing ok even with the dollar moving higher.
S&P is only down 7% during that same period. I would bet on the S&P over the next 12 months, how about you?
I have some of everything and like my kids, I try not to compare them. When I do the good usually turn south and the bad make a run. Right now my CAC gold coinage is excelling and the stocks are crashing (well today they are doing ok). Tomorrow who knows. I can't control the crazies that are running the World or running to try and run the World.
All good points. For the record, I'm not the one who raised the spectre of the stock market.
All comments reflect the opinion of the author, even when irrefutably accurate.
@1northcoin said:
Today creeped back up to the mid 1830s after tumultuous days on the stock market, not that there is necessarily a reliable correlation.
Report was that it went up after the Fed announced the increase in the Fed rate of 75 basis points (0.75%).
Interesting developments in the crypto market today.
Would the prominent crypto hedge fund "Three Arrows Capital" defaulting on a loan worth more than $670 million make the Gold/Silver market to climb?.
Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund failed to repay a loan of $350 million in the U.S. dollar-pegged stablecoin, USDC, and 15,250 bitcoin, worth about $323 million at today's prices.
3AC's solvency crunch comes after weeks of turmoil in the crypto market, which has erased hundreds of billions of dollars in value. Bitcoin and ether are both trading slightly lower in the last 24 hours, though well off their all-time highs. Meanwhile, the overall crypto market cap sits at about $950 billion, down from around $3 trillion at its peak in Nov. 2021.
Crypto has been crashing for a minute now. 😉🙀🦫
Poor silver is having a heck of a time getting to $22 and flirting with $21 and under.
I’m absolutely positive that I don’t know anything about bullion. BUT , we do love it.
Crypto crashes, you got nothing
Silver crashes and you still have silver. 🤨🙀🦫 ( which I have a love of the look and feel)
@Jzyskowski1 said:
🥲🙀🦫. Oh well time for another 5 oz. Buy
FWIW, I'm still predicting $17 and $1400s
I hope you are right. I would love to seen even lower prices. To think people were buying $20 Liberty's for $500 in the early 2000's. I would enjoy adding a of dates to my collection. Come on sub $1000.......
@pcgscacgold said:
Lower prices just in time for the FUN Show. Gold at $1750. Dealers have decisions to make. I’m guessing little pricing changes will be made.
Bullion will be lower. But the premiums haven't shrunk yet.
All comments reflect the opinion of the author, even when irrefutably accurate.
Comments
Fun> @1northcoin said:
GOLD $1,852.46 (+5.33)
OK, now officially over 1850.
So gold had now officially not moved at all for a year...
All comments reflect the opinion of the author, even when irrefutably accurate.
Not bad when you consider the alternatives are down considerably. Doing ok even with the dollar moving higher.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
How did the stock market and the crypto market do compared to a year ago?
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
GOLD $1,861.64 (+14.51)
FWIW, the trajectory continues upward this morning.
Down 7%
Over the last 5 years, however, S&P 500 is up 61% and gold is only up 47%.
But that's really not the point. This thread has been celebrating every rise in gold for a year and we're right where we started. You don't find that a little funny?
All comments reflect the opinion of the author, even when irrefutably accurate.
S&P is only down 7% during that same period. I would bet on the S&P over the next 12 months, how about you?
All comments reflect the opinion of the author, even when irrefutably accurate.
Perhaps. I can see the circular irony but I am extremely happy with metals. I don’t crypto but apparently it’s not going well.
I’ll grab a little gold when I can and keep on stacking silver. Continue on thru the fog of coin collecting 😉🙀🦫
🎶 shout shout, let it all out 🎶
I have some of everything and like my kids, I try not to compare them. When I do the good usually turn south and the bad make a run. Right now my CAC gold coinage is excelling and the stocks are crashing (well today they are doing ok). Tomorrow who knows. I can't control the crazies that are running the World or running to try and run the World.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Bid
Ask
Nice. I hope to own a C Mint coins someday. Should have bought a year ago. Some have doubled in price since.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
All good points. For the record, I'm not the one who raised the spectre of the stock market.
All comments reflect the opinion of the author, even when irrefutably accurate.
PCGS VF30:
GOLD $1,865.82 (+11.60)
The upward trend continues.
GOLD $1,862.90 (+9.10)
Returned to the 1860s on Memorial Day eve.
In honor of the Civil War.
All comments reflect the opinion of the author, even when irrefutably accurate.
Kitco
Tennessee removes sales tax on gold and silver, only eight states to go
https://www.kitco.com/news/2022-05-30/Tennessee-removes-sales-tax-on-gold-and-silver-only-eight-states-to-go.html
https://youtube.com/watch?v=OwZlYz2V4AM Sophie Lloyd, guitar shred cover Paranoid (Black Sabbath)
https://youtube.com/watch?v=fbEW8BrNctI Haley Reinhart, Don't Know How To Love You Live (direct to record)
RLJ 1958 - 2023
Everything is going up. ( for a minute) 😉🦫🙀
🎶 shout shout, let it all out 🎶
Definitely on an uptick as we begin to head into the weekend.
GOLD $1,869.07 (+22.18)
And down $18
Back to $1850. So gold STILL hasn't moved since this thread was started. LOL
All comments reflect the opinion of the author, even when irrefutably accurate.
GOLD $1,851.99 (+9.68)
OK, back again to the 1850s.
Wow you guys must be rich...
D's: 50P,49S,45D+S,43D,41S,40D,39D+S,38D+S,37D+S,36S,35D+S
Q's: 52S,47S,46S,40S,39S,38S,37D+S,36D+S,35D,34D,32D+S
71T: 061,070,141,239,330,384,465,493,496,529,530,532,535,541,544,545,549,552,571,583,590,594,599,611,620,
629,630,632,644,645,646,648,649,650,658,671,672,673,680,683,688,692,715,735,739,740,744,750
73T:61,62,63,64,65,66,67,68,80,213,235,344,379,433,453,480,497,545,554,580,606,613,630
95 Ultra GM Sets: Golden Prospects, On-Base Leaders, Power Plus, RBI Kings
GOLD $1,872.63 (+23.93)
Up again as we head into the weekend.
GOLD $1,872.26 (+23.56)
Holding
Of course it's holding, the market is closed.
All comments reflect the opinion of the author, even when irrefutably accurate.
This thread is kind of neat. It is similar to a play by play of this chart.
https://youtube.com/watch?v=OwZlYz2V4AM Sophie Lloyd, guitar shred cover Paranoid (Black Sabbath)
https://youtube.com/watch?v=fbEW8BrNctI Haley Reinhart, Don't Know How To Love You Live (direct to record)
RLJ 1958 - 2023
Still holding... above $1800
All comments reflect the opinion of the author, even when irrefutably accurate.
Today creeped back up to the mid 1830s after tumultuous days on the stock market, not that there is necessarily a reliable correlation.
Report was that it went up after the Fed announced the increase in the Fed rate of 75 basis points (0.75%).
https://youtube.com/watch?v=OwZlYz2V4AM Sophie Lloyd, guitar shred cover Paranoid (Black Sabbath)
https://youtube.com/watch?v=fbEW8BrNctI Haley Reinhart, Don't Know How To Love You Live (direct to record)
RLJ 1958 - 2023
Reading this morning’s market report. Hype about gold. Gold jumps up!!!’
$10. Anything for a headLine.
Silver got a little scary the other day 21.08. It’s back pushing $22 😉🙀🦫
🎶 shout shout, let it all out 🎶
GOLD $1,850.03 (+15.52)
And back to 1850 we are just like that.
Interesting developments in the crypto market today.
Would the prominent crypto hedge fund "Three Arrows Capital" defaulting on a loan worth more than $670 million make the Gold/Silver market to climb?.
Digital asset brokerage Voyager Digital issued a notice on Monday morning, stating that the fund failed to repay a loan of $350 million in the U.S. dollar-pegged stablecoin, USDC, and 15,250 bitcoin, worth about $323 million at today's prices.
3AC's solvency crunch comes after weeks of turmoil in the crypto market, which has erased hundreds of billions of dollars in value. Bitcoin and ether are both trading slightly lower in the last 24 hours, though well off their all-time highs. Meanwhile, the overall crypto market cap sits at about $950 billion, down from around $3 trillion at its peak in Nov. 2021.
https://www.cnbc.com/2022/06/27/three-arrows-capital-crypto-hedge-fund-defaults-on-voyager-loan.html
Cross posting above link from the crypto thread.
https://www.pcgs.com/setregistry/u-s-coins/quarters/PCGS-2020-quarter-quest/album/247091
Crypto has been crashing for a minute now. 😉🙀🦫
Poor silver is having a heck of a time getting to $22 and flirting with $21 and under.
I’m absolutely positive that I don’t know anything about bullion. BUT , we do love it.
Crypto crashes, you got nothing
Silver crashes and you still have silver. 🤨🙀🦫 ( which I have a love of the look and feel)
🎶 shout shout, let it all out 🎶
🥲🙀🦫. Oh well time for another 5 oz. Buy
🥵
🎶 shout shout, let it all out 🎶
FWIW, I'm still predicting $17 and $1400s
All comments reflect the opinion of the author, even when irrefutably accurate.
I hope you are right. I would love to seen even lower prices. To think people were buying $20 Liberty's for $500 in the early 2000's. I would enjoy adding a of dates to my collection. Come on sub $1000.......
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
This morning:
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
I like this picture of this interesting coin better than the other one.
Wow. Got a great deal on another 5 ouncer 😉🙀🦫
Gunna match my first 5 ouncer 😎
Lemonade from lemons.
Glad it closed above 20. 20.14 for the weekend. I’m buying 🎣😇
🎶 shout shout, let it all out 🎶
It's not 20.14. Where is that number coming from? Bid at close is $19.91 You have to go out a year on a silver contract to get a price over $20
All comments reflect the opinion of the author, even when irrefutably accurate.
My US Mint Commemorative Medal Set
Get your Medieval gold coins out............
All comments reflect the opinion of the author, even when irrefutably accurate.
Should the thread be moved over to the world and ancient forum for proper posting of these gold coins.
https://youtube.com/watch?v=OwZlYz2V4AM Sophie Lloyd, guitar shred cover Paranoid (Black Sabbath)
https://youtube.com/watch?v=fbEW8BrNctI Haley Reinhart, Don't Know How To Love You Live (direct to record)
RLJ 1958 - 2023
Nah... didn't the Vikings come to America? Or Canada, at least.
There is, of course, Spanish cobs until we get down to $1500
All comments reflect the opinion of the author, even when irrefutably accurate.
Well JM.
I get my numbers from here. Have been since I started posting 😉🙀🦫
🎶 shout shout, let it all out 🎶
Lower prices just in time for the FUN Show. Gold at $1750. Dealers have decisions to make. I’m guessing little pricing changes will be made.
Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
That's some kind of ask price. Not what most people use. Going to be especially high over the weekend when the market is closed.
All comments reflect the opinion of the author, even when irrefutably accurate.
Bullion will be lower. But the premiums haven't shrunk yet.
All comments reflect the opinion of the author, even when irrefutably accurate.
Not my coin, but...
All comments reflect the opinion of the author, even when irrefutably accurate.
I’m hoping the spot price keeps going down. Eventually the numismatic gold will have to follow suit and it will be easier to acquire some items.