Are we done flat lining yet??
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Gold and silver prices are down
- Thread starter Rider
- Start date
ontrgt808
NES Member
Good stuff - thank you all.
out of stock
Varmint
NES Member
It’s Deja Vu all over again.
Any particular sellers you use regularly on eBay?
richc
NES Member
Buy gold below spot:
$2099 for a one ounce bar. 2% cash back brings the price to $2057. Limit 1. Spot is $2083 at the moment.
$2099 for a one ounce bar. 2% cash back brings the price to $2057. Limit 1. Spot is $2083 at the moment.
Varmint
NES Member
Is the 2% cash back a Costco card?
These Costco deals sell out in 2-3 hours typically. Costco says they’re selling over $100 million in gold per quarter.
Varmint
NES Member
Apmex and JMB for me. Deals aren’t what they used to be, I haven’t bought physical gold in like 5 years. Never tried billion exchanges but they seem to have the best deals.
Varmint
NES Member
Gold just made an all time daily and weekly high close at $2092.
Gold miner short covering today.
But they were the only buyers.
Gold miner short covering today.
But they were the only buyers.
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A good listen and I find Francis Hunt to be a very funny guy at times. Everytime he says, “Oligarchic” I lol.
View: https://podcasts.apple.com/us/podcast/palisades-gold-radio/id1439485214?i=1000647711288
View: https://podcasts.apple.com/us/podcast/palisades-gold-radio/id1439485214?i=1000647711288
Varmint
NES Member
That was weird he was talking for like half an hour about selling gold and buying Bitcoin at the lows and selling at the highs to buy gold.
Yeah easy.
Yeah that trade was like waaaaay over my head.That was weird he was talking for like half an hour about selling gold and buying Bitcoin at the lows and selling at the highs to buy gold.
Yeah easy.
Varmint
NES Member
Gold is $8 from $2100.
Varmint
NES Member
richc
NES Member
$2101.20 but dropped back right away.
Varmint
NES Member
Varmint
NES Member
richc
NES Member
Join the big boys and use the futures price.
When I buy or sell it's spot price. I'm not a futures guy at all.
How many here have bought gold futures???
Us big boys use futures price for equities and sentiment not physical.
richc
NES Member
I'm invested in physical. Futures don't impact my investment. Only what an arms length buyer and seller agree to transact at.
If I can't sell at that price, it's not of consequence.
But that's just me. I'm old...
Varmint
NES Member
It’s more about charts, $2100 is an extremely important level on the futures chart, it doesn’t have much meaning for the spot price.
Same for me wrt physical Rich. Those ounces and the silver alongside are for protection of wealth and the far future. Since I do invest and trade equities the futures prices guides me as the smart money will now begin pouring in if gold creates a new floor at $2100.
Lucus
NES Member
richc
NES Member
I take a long term view. I buy and wait, as you say, mostly for insurance value against a nasty economy and dropping dollar.
Today or tomorrow's sentiment are meaningless to me. I don't trade. Buy and hold.
But spot is now over $2100. And who knows what it will be next week or next month? I'm not that smart.
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