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With current spot prices, is pre 33 gold at risk of being melted?
Spot has breached $2300, and the premiums on bullion grade pre 33 have basically evaporated. Raw libs and saints are being traded at melt, and even graded 63 and 64 generic saints are trading right around melt or a tad more. Pretty much everyone I talk to seems to be exiting their gold positions, and from what I understand… -
Re: With current spot prices, is pre 33 gold at risk of being melted?
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Re: With current spot prices, is pre 33 gold at risk of being melted?
No selling here. China will not have a piece of the @P0CKETCHANGE collection—that’s for certain! I expect any pullback to be just a blip on a march much higher. Trying to time it is risky and might leave you in the dust. Not to mention the income taxes on gains, esp. if you’ve only held short-term and are in higher tax…
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