Varmint
NES Member
Do not adjust your television, folks, it’s true, gold is $2006. 
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Gold and silver prices are down
- Thread starter Rider
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And I would like to thank my Grampa & Gramma for the graduation present to me and my sister in 1978.Do not adjust your television, folks, it’s true, gold is $2006.
Guess who still has theirs.
She sold half of hers.
yogi
NES Member
Picked this up yesterday…have a soft spot for this coin design….XF+ condition…..second purchase I’ve made from this shop…fair pricing and decent inventory Sterling Rare Coin
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If the world turns to shit how would you guys fraction off some of your bars and coins?
It's there a tool or specialized pair of pliers where you can nibble off little sections?
Asking for a friend.
It's there a tool or specialized pair of pliers where you can nibble off little sections?
Asking for a friend.
That's why I buy silver eagles. No need for fractionalization when selling.
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Too bad the premium on 1/10th oz Walking Liberty is so high, but they're less bulky than "junk silver" dimes (0.0723 troy oz of silver each).
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Shiny....
thorin
NES Member
I'm digging the Zombucks. Normally I stick to low premium bullion or constitutional but these are fun to collect. Missed out on Series 1 unfortunately.
Precious Metal Buyers - Midwest Refineries, LLC
Midwest Refineries is a Precious Metal Buyers, Gold Buyer, Silver Buyer and More! Locale smelters & refiners. Serving Michigan & All The USA.
www.midwestrefineries.com
Do what you may with the link, it's a base option.
Intrinsic value only.
Varmint
NES Member
Phallic spike at 1pm
Grendizer138
NES Member
NH Coin Expo in Manchester today and tomorrow.
For physical PM guys, prices in general (for things I’m interested in) were:
- rolls of silver eagles (if you could find them): ~$520-$560, $580 for 2023s
- Morgan/Peace culls: ~$21-$23/ea
- Constitutional silver: ~18.5-20x FV
- gold: lol
For physical PM guys, prices in general (for things I’m interested in) were:
- rolls of silver eagles (if you could find them): ~$520-$560, $580 for 2023s
- Morgan/Peace culls: ~$21-$23/ea
- Constitutional silver: ~18.5-20x FV
- gold: lol
Win
NES Member
A technical analyst I was listening too a few weeks ago was saying the gold to S&P ratio would eventually meet at a 1:1 so gold would reach $3000 while the S&P drops to the same level, 3,000.
Varmint
NES Member
Varmint
NES Member
I think this is only partially due to the Middle East. I think it’s more to do with interest rates. Investors are getting worried about the out of control debt and the interest rates breaking something. The stock market may rally soon for the same reason.
Gold ETF buying is finally starting to increase, after two years of mostly outflows. Investors are finally starting to buy gold (it was only central banks and foreigners supporting gold the last couple years).
Yup. Erfle’s weekly report lays it out nicely. GLD is gonna be fomo buying to cover demand.
Varmint
NES Member
Was shocked to see gold bust through $2000 and finish the week at $2016. If we can hold this level through Tuesday it’ll be an all time monthly closing high.
These triple tops are artificially suppressed. Beachball underwater effect. The fact the gold price moved above a weekly close of $2k is evidence of greater issues than a war premium and greater global uncertainties. I have never in my life seen so many risks abounding. The breaking down of resistance levels in the stock market is already at play and an etf like GLD just added 15 tons of gold to their storage. That’s smart money making moves. I’m just glad I’m well positioned for this up move above and beyond other preps over a long time.
The warm weather has put us off casting for a while, might pick back up on Monday.
If you have rounds and a cold chisel, you have your own "pieces of eight":
richc
NES Member
Varmint
NES Member
![[cheers]](/xen/styles/default/xenforo/smilies.vb/018.gif "Cheers [cheers]")
richc
NES Member
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My paper gold and silver from last year is still way down....
richc
NES Member
Interesting...
www.americanscientist.org
The Origin of Gold in South Africa
Ancient rivers filled with gold, a spectacular upwelling of magma and a colossal meteor impact combined to make the Witwatersrand basin a very special place
www.americanscientist.org
Varmint
NES Member
Interesting...
The Origin of Gold in South Africa
Ancient rivers filled with gold, a spectacular upwelling of magma and a colossal meteor impact combined to make the Witwatersrand basin a very special place
That article reminded me of my freshman year in college when I was a geology major. I hate geology.
Varmint
NES Member
I think a major reason why gold can’t break $2000 is that the major buyers of gold are central banks and Chinese. Both like to buy gold when it’s down, they aren’t going to buy gold at $2000, so the buying dries up and we go back to $1900.
This will continue until generalist and institutional investors start to get worried about the markets (stock or Treasury) or the debt and buy gold.
This will continue until generalist and institutional investors start to get worried about the markets (stock or Treasury) or the debt and buy gold.
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