What do you expect to see first, if ever.....$100 silver or $5,000 gold?
OnlyGoldIsMoney
Posts: 3,536 ✭✭✭✭✭
I am thinking $5,000 gold but I would be happy to be wrong.
NO END IN SIGHT LIB $2.50'S CAC ONLY
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March of Time - 27 Centuries in Gold
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March of Time - 27 Centuries in Gold
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Kind of a nip & tuck race. I WAS thinking silver will hit $100 first but I just checked Gold @ $ 4759. Gonna be a very close race.
$100 silver
silver
poopoo vs peepee
Let the best one win! Gooooooooooo already!
JK
Tough call. I'd say silver @ $100 comes first.
I knew it would happen.
It'll happen on the same day.
fka renman95, Sep 2005, 7,000 posts
I was thinking 100 silver, but may be gold after late night action
If I heard it correctly, China or Hong Kong was already dealing with silver being above $100. May have pulled back by now.
Sorry it was above $100 in Shanghai
"A dog breaks your heart only one time and that is when they pass on". Unknown
I was thinking silver first to $100., but saw a bit of a pull back towards $94. Last I saw was gold passing $4830., so with gold surging forwards I’ll go with gold to $5,000. first. Zack.
I'm with $5,000 gold as well. A tough call yes indeed
Same day!!
"“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)
"I only golf on days that end in 'Y'" (DE59)
$5K gold
Does it matter if it’s $100 or $5000 if the dollars are worthless and untrustworthy? Why sell for dollars?
Where to put my remaining “paper” dollars which are really just digits on a screen, is what I need to decide. Land, guns, ammo, Whiskey? No stock market pyramid schemes for me.
Based on today's numbers, at the same rate of change for each metal, gold will top $5,000 tomorrow but silver won't quite make it to $100.
Interesting times.
I knew it would happen.
DNADave,
Please Explain:: No stock market pyramid schemes for me ? The whole stock market or some specific Stocks?
Thanks,
Mike
MIKE B.
Are you going to exchange whiskey for goods and services ?
The dollar is fine.
The United States stock market is the greatest wealth generator in the history of our planet. Not sure why you would say something like that.
For now, BUT it's quite obvious on what track it's on. We all know the history of fiat currencies worldwide. This is basic and you know it of course, BUT a 1964 and earlier QUARTER DOLLAR can buy you TODAY almost a 5 gallon jug of gasoline for one reason and one reason only. SILVER. What can your 2026 quarter dollar buy you?
COPPER is gutter !

I’m generally a contrarian I guess. I don’t trust anyone to pick investments for me and when I have done that it’s gone bad. For example a 529 that lost money. Fees and risk are not for me. 50s. No debt, fiscally very conservative.
Rick Rule maintains that the dollar will lose 75% of its purchasing power over the next 10 years, just like in the 1970s.
I knew it would happen.
I'm close,
$97.70
$4,977.90
fka renman95, Sep 2005, 7,000 posts
Tomorrow’s the Day for Both but so what? It will hit $5000/$100 and??? Just another milestone, a bit quick and a bit scary but you can’t keep printing money out of nothing and expect hard assets from going up. We all know both Gold and Silver prices have been sat on for decades and now they can’t control it like they did before. I have plenty of popcorn and I’ll just sit back and watch.
Mike
MIKE B.
Silver first, both Friday morning.
Inflation has averaged 3% a year since 1964. Would you prefer a flat price index and a loss of nominal and real GDP growth ?
If I said you could have 0% inflation with 1% real GDP growth over 60 years.....or 3% inflation with 2.5% GDP growth....which would you choose ? An 80% improvement in your standard of living and income...or a 340% improvement in your stand of living/income ?
After a long day of travelling I am tuning in. Gold and Silver within striking distance of $5,000 and $100. We may have a winner overnight.
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
Crazy market momentum !! Even Platinum spiked up !!
Don't think your math checks out. 3% inflation with 2.5% GDP growth is a shrinking economy, unless the GDP number is adjusted for inflation and not nominal.
kitco session high 99.23
What's his track record ? Because if he is willing to wager that inflation will average 7%-plus over the next 10 years, I think his track record will be taking a major hit.
.
Those who opted for Silver win. $100.09 as I write. Not quite a photo finish.
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
dipping ... BUT!
COPPER is gutter !

This is great, but .....no one is buying at anywhere near these prices, id like to take some profits, but not at -15 to -25, hopefully refinerys catch up before the inevitable dip.
Hope I'm wrong, but this cannot be sustainable.
Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager, blu62vette,
That is not correct
COPPER is gutter !

I see $4,988 on the March COMEX contract.
This is great, but .....no one is buying at anywhere near these prices,
I did, a couple days ago, and again today.
I knew it would happen.
Woohoo!
$5,000.70
$101.32
Lucky as heck!
fka renman95, Sep 2005, 7,000 posts
Looks like silver will close over $100 but don't think gold will close over $5,000.
Historic Day!
There are a few places buying out there but not in large quantities. Yes, most are offering to well back of spot. Wait till the tank and everyone is scurrying to sell, it will be much more difficult then. RGDS!
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?
You may be a troll, but the silver dude profile pick is "spot" on, haha, love it, drinking the AG Kool aid....
Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager, blu62vette,
The quote some are using here is not the official COMEX price.
futures - 4983.10 close and 103.26
Close enough. Have we found the floor, yet ?
``https://ebay.us/m/KxolR5
we need a banana peel to start things off, or perhaps that past 40 was it
Gold just a day or so behind. $5,010.80 as I write.
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
kitco session high 5028.40 !
COMEX @ $5,069, up $90.