@JimTyler said:
If you bought $1000 Bitcoin in 2009 you would have $103 BILLION (I saw that before the recent downturn) if humans can do that there’s plenty of room for humans to throw more $$$$$ at gold.
I think the value would be around $250million, still a huge gain.
I sold a 10.4 gram 14k ring Monday , got an offer of 450 for it and took the money. It was Cash offer I had shopped it about at a coin show found no interest and a local jeweler offered 370 but said he could do better if I traded it for silver.
the guy that bought the ring offered 265 for a 1/10th AGE but i did not sell . As far as the AGE he was selling a few recent examples for 340
much better pricing than last sundays show.
The AGE business bothered me, 340 is better than what you see online and better than the 360 I saw at the show last week but its still ridiculous . plus this guy charges sales tax which gets you to 360 anyway
government bullion premiums are all ridiculous. I mean I get the idea it costs money to mint a coin , but 50 dollars to strike 1 coin is nonsense.
If it costs 5 bucks to strike an ASE why does it cost more than $5 to strike an AGE ?
If you bought $1000 Bitcoin in 2009 you would have $103 BILLION (I saw that before the recent downturn) if humans can do that there’s plenty of room for humans to throw more $$$$$ at gold.
That is an excellent point. If bitcoin was at $3,000 right now - would you buy it? Bitcoiners might realize at some point that gold is a real physical asset and has a bunch of real advantages over bitcoin - possibly with the same potential for price appreciation that bitcoin had a few years ago.
I saw that but really can't use the first bitcoin transaction price ever recorded. The average trading price anyone could have purchased is generally considered around $0.30.
I'm selling half my gold at $3500. The rest later! I'm selling 1000 oz silver at 35 another 1000 at 40 and the rest at 60. Buying a farm with the gold and having fun with the silver! I have been acquiring all this since 2005! I am glad I listened to myself back then as I am in good position now. The folks in the stock market will be there when it crashes!
I'm selling half my gold at $3500. The rest later! I'm selling 1000 oz silver at 35 another 1000 at 40 and the rest at 60. Buying a farm with the gold and having fun with the silver! I have been acquiring all this since 2005! I am glad I listened to myself back then as I am in good position now. The folks in the stock market will be there when it crashes!
Your offer is my back-up plan. I have a nice oversize tent for my family ready to pitch on your land.
@zski123 said:
The reason it's heading to $3,000 is the same reason it's heading to $5,000. I'd sell anything that has a whiff of a >numismatic before I sold bullion. The underlying support for gold at these levels has never been stronger in our >lifetime.
It was much stronger in the 1970's, not sure you were alive back then !!
The price had been artificially kept low for 40 years....it went up 15-fold in 9 years. I'm not even including the bubble spike to $800/oz. It went up 35% a year if you use $600 as your endpoint from $42/oz.
If gold had gone up 35% a year since 2016 ($1,100/oz) it would be $16,000 right now !!
What’s wrong with dollar cost averaging when selling?
I sold a small percentage of gold when it was at $2300 to payoff debt. I sold a bunch of junk gold jewelry at $2500. I’m probably going to sell some more gold bullion/generic DEs this week. I’ll still have a fair amount of gold in my possession but if gold does crap out I’ve locked in more profits. I don’t plan on liquidating my gold. I’m just trying to thin the heard.
This is only gold's 3rd of 5 total waves, to complete sometime around summer 2028 to coincide with Martin Armstrong's business cycle / confidence lows. Wave 1 was from $252 to $1923 over 12 yrs. Then came the 6 yr long wave 2 correction into the 2015 bottom. Wave 3 underway from late 2015 to 2025? Then we chop sideways or so for a year.....and I'm not quite sure if a wave 4 could be so short UNLESS there's very fast and deep drop....like in 2008. Then the final wave 5 running into mid-2028. And 5th waves have a habit of extending until they drag in the last sucker right near the top. So gold could continue to mover higher into the 2030-2033 reset....Governments and major banks want a better seat at the negotiating table....and a stash of gold is still very good for doing that.
Armstrong's confidence (ECM) chart has been nailing the moves in gold since 1999, and particularly dead on since 2011. I don't know what the eventual high is going to be as we've never been there before. 2026-2032 is a major reset that will include major overhauls of world economies, huge geo-political shake ups, the dissolution/failure of the EU, and a lot of nations defaulting on their bond debts. Note that since the EU never consolidated the bond debts of the member nations, they are particularly susceptible to implosion. It hasn't helped that a lot of the EU has shot themselves in the foot by removing large portions of their fossil and nuclear fuel generation.
Capital flows have been fleeing Europe for a while now. World War 3 is a very real possibility as most of EU nations want war in order to default on their debts.....and to start "fresh" again. With all this coming at us, I certainly wouldn't want to be cashing out of physical gold at an arbitrary number of $3000. On the downside I suspect govt's to eventually come "looking for" all the privately held gold during the final stages of the reset. It might get difficult to hold on to it. Circulating paper currency will probably be gone, or as a minimum totally revamped so that any illegal/laundered/untaxed hoards of cash go "poof."
Capital flows have been fleeing Europe for a while now. World War 3 is a very real possibility as most of EU nations want war in order to default on their debts.....
I suspect govt's to eventually come "looking for" all the privately held gold during the final stages of the reset. It might get difficult to hold on to it. Circulating paper currency will probably be gone, or as a minimum totally revamped so that any illegal/laundered hoards of cash go "poof."
It isn't looking good for citizens of the EU when it comes to private savings.
Let's see what JMBullion & Apmex offer for the following, given gold price today:
2019-W American Liberty Series High Relief NGC SP70 UC Enhanced Finish (qty: 7 available)
1900 $20 PCGS MS63
1924 $20 NGC MS63
1927 $20 NGC MS63
1928 $20 NGC MS63
1894 $10 NGC MS62
1926 $10 PCGS MS62
Any guesses on what their offers will be?
(just sent the list to them in email, so nothing has come back yet when I posted this)
@Bochiman said:
Let's see what JMBullion & Apmex offer for the following, given gold price today:
2019-W American Liberty Series High Relief NGC SP70 UC Enhanced Finish (qty: 7 available)
1900 $20 PCGS MS63
1924 $20 NGC MS63
1927 $20 NGC MS63
1928 $20 NGC MS63
1894 $10 NGC MS62
1926 $10 PCGS MS62
Any guesses on what their offers will be?
(just sent the list to them in email, so nothing has come back yet when I posted this)
Thanks for pointing that out, I didn't notice. It showed up in a search of "Sold items" and even has the price in green like it had sold, but it did not.
Thanks for pointing that out, I didn't notice. It showed up in a search of "Sold items" and even has the price in green like it had sold, but it did not.
ebay has really made a concerted effort to make market research difficult
Comments
I’m holding out for $10,000. 😁
MY GOLD TYPE SET https://pcgs.com/setregistry/type-sets/complete-type-sets/gold-type-set-12-piece-circulation-strikes-1839-1933/publishedset/321940
I sold a 10.4 gram 14k ring Monday , got an offer of 450 for it and took the money. It was Cash offer I had shopped it about at a coin show found no interest and a local jeweler offered 370 but said he could do better if I traded it for silver.
the guy that bought the ring offered 265 for a 1/10th AGE but i did not sell . As far as the AGE he was selling a few recent examples for 340
much better pricing than last sundays show.
The AGE business bothered me, 340 is better than what you see online and better than the 360 I saw at the show last week but its still ridiculous . plus this guy charges sales tax which gets you to 360 anyway
government bullion premiums are all ridiculous. I mean I get the idea it costs money to mint a coin , but 50 dollars to strike 1 coin is nonsense.
If it costs 5 bucks to strike an ASE why does it cost more than $5 to strike an AGE ?
PPP loan scam
Just to be clear at the show 360 for 1/10 AGE tax free if you pay cash , at the store the same coin is 340 plus 20 tax regardless if you pay cash
the first guy is charging you the same 20 bucks but not sending it to the government just putting it in his pocket instead.
that is ok , the coin show is a good place to do parking lot deals and stick it to everyone
i refer to the parking lot as "the field of dreams"
If you bought $1000 Bitcoin in 2009 you would have $103 BILLION (I saw that before the recent downturn) if humans can do that there’s plenty of room for humans to throw more $$$$$ at gold.
That is an excellent point. If bitcoin was at $3,000 right now - would you buy it? Bitcoiners might realize at some point that gold is a real physical asset and has a bunch of real advantages over bitcoin - possibly with the same potential for price appreciation that bitcoin had a few years ago.
Before selling at $3k, take a minute to ponder why others are buying at $3k. Not very long ago, some thought I was crazy to continue buying at $2k.
Nothing is as expensive as free money.
I saw that but really can't use the first bitcoin transaction price ever recorded. The average trading price anyone could have purchased is generally considered around $0.30.
I'm selling half my gold at $3500. The rest later! I'm selling 1000 oz silver at 35 another 1000 at 40 and the rest at 60. Buying a farm with the gold and having fun with the silver! I have been acquiring all this since 2005! I am glad I listened to myself back then as I am in good position now. The folks in the stock market will be there when it crashes!
I'm holdingto $3,000> @alexerca said:
Your offer is my back-up plan. I have a nice oversize tent for my family ready to pitch on your land.
It was much stronger in the 1970's, not sure you were alive back then !!
The price had been artificially kept low for 40 years....it went up 15-fold in 9 years. I'm not even including the bubble spike to $800/oz. It went up 35% a year if you use $600 as your endpoint from $42/oz.
If gold had gone up 35% a year since 2016 ($1,100/oz) it would be $16,000 right now !!
Steadily selling silver but holding onto my gold.
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
What’s wrong with dollar cost averaging when selling?
I sold a small percentage of gold when it was at $2300 to payoff debt. I sold a bunch of junk gold jewelry at $2500. I’m probably going to sell some more gold bullion/generic DEs this week. I’ll still have a fair amount of gold in my possession but if gold does crap out I’ve locked in more profits. I don’t plan on liquidating my gold. I’m just trying to thin the heard.
Nothing wrong with that
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
Where are you selling the silver?
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
Local coin shop where I have known the owner for about 25 years.
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
This is only gold's 3rd of 5 total waves, to complete sometime around summer 2028 to coincide with Martin Armstrong's business cycle / confidence lows. Wave 1 was from $252 to $1923 over 12 yrs. Then came the 6 yr long wave 2 correction into the 2015 bottom. Wave 3 underway from late 2015 to 2025? Then we chop sideways or so for a year.....and I'm not quite sure if a wave 4 could be so short UNLESS there's very fast and deep drop....like in 2008. Then the final wave 5 running into mid-2028. And 5th waves have a habit of extending until they drag in the last sucker right near the top. So gold could continue to mover higher into the 2030-2033 reset....Governments and major banks want a better seat at the negotiating table....and a stash of gold is still very good for doing that.
Armstrong's confidence (ECM) chart has been nailing the moves in gold since 1999, and particularly dead on since 2011. I don't know what the eventual high is going to be as we've never been there before. 2026-2032 is a major reset that will include major overhauls of world economies, huge geo-political shake ups, the dissolution/failure of the EU, and a lot of nations defaulting on their bond debts. Note that since the EU never consolidated the bond debts of the member nations, they are particularly susceptible to implosion. It hasn't helped that a lot of the EU has shot themselves in the foot by removing large portions of their fossil and nuclear fuel generation.
Capital flows have been fleeing Europe for a while now. World War 3 is a very real possibility as most of EU nations want war in order to default on their debts.....and to start "fresh" again. With all this coming at us, I certainly wouldn't want to be cashing out of physical gold at an arbitrary number of $3000. On the downside I suspect govt's to eventually come "looking for" all the privately held gold during the final stages of the reset. It might get difficult to hold on to it. Circulating paper currency will probably be gone, or as a minimum totally revamped so that any illegal/laundered/untaxed hoards of cash go "poof."
Capital flows have been fleeing Europe for a while now. World War 3 is a very real possibility as most of EU nations want war in order to default on their debts.....
I suspect govt's to eventually come "looking for" all the privately held gold during the final stages of the reset. It might get difficult to hold on to it. Circulating paper currency will probably be gone, or as a minimum totally revamped so that any illegal/laundered hoards of cash go "poof."
It isn't looking good for citizens of the EU when it comes to private savings.
[
https://youtu.be/c1AtM53falg]
Let's see what JMBullion & Apmex offer for the following, given gold price today:
2019-W American Liberty Series High Relief NGC SP70 UC Enhanced Finish (qty: 7 available)
1900 $20 PCGS MS63
1924 $20 NGC MS63
1927 $20 NGC MS63
1928 $20 NGC MS63
1894 $10 NGC MS62
1926 $10 PCGS MS62
Any guesses on what their offers will be?
(just sent the list to them in email, so nothing has come back yet when I posted this)
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
Let's see what JMBullion & Apmex offer for the following, given gold price today:
Please do post their responses. I would guess that any premiums will be non-existent.
I anticipate that too.
If I have time, I may hit a local or two this weekend, but I'm sure no premiums there either.
I just think the difference between what the 2 I listed have on their websites and what they will offer will be HUGE
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
Agree, JM has "sell to us" prices listed on their website and all of the gold I looked at was slightly back of spot (even graded pieces).
edited: to add graded.
Philippians 4:4-7
JMBullion 99% spot. RGDS!
Not on at least a few I put into that...it came up with "call us for price"
Look at the 2019-W high relief
Look at the 1900 $20 PCGS MS63 by itself.
Again, we shall see.
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
Can you share the quote you got for "2019-W American Liberty Series High Relief NGC SP70 UC" ?
$100 over melt/spot (since it's 1oz....)
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
Wow. This "First Day" sold for $5,624 on eBay last month. ebay.com/2019+American+Liberty+High+Relief+NGC
Some will.
I could try that as well, but my aunt just wants to clear them out and I don't want to do ebay right now.
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
The listing was ended, not sold.
I remember 10-15 years ago when 1/10 ounce ungraded coins sold for 20-30% premiums, if not more.
Thanks for pointing that out, I didn't notice. It showed up in a search of "Sold items" and even has the price in green like it had sold, but it did not.
ebay has really made a concerted effort to make market research difficult