The last gold frenzy of 2011, was an amazing and fruitful time for some?

Discussion in 'Bullion Investing' started by fretboard, May 21, 2019.

?

Do you think stock piling gold coins is a waste of time?

  1. I only collect silver, I leave gold coins for the collectors who don't know any better! :)

  2. Yes, I have a few gold coins saved and I'm always looking to buy more! :)

  3. Yes, my retirement fund is strictly gold coins and that's all it is! :)

  4. No, I don't buy gold, my wife is happy wearing a sterling silver wedding ring. She's trained!:)

  5. No gold here, the stock market is how I roll!

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  1. fretboard

    fretboard Defender of Old Coinage!

    Do you think we'll have another gold frenzy anytime soon? :smug: By soon, that means within the next 20 years? :D You never know if anyone cares or not. This thread is only created for discussion, nothing more and nothing less. ;)
    Good to see the stock people here! :D
     
    Last edited: May 21, 2019
    Randy Abercrombie likes this.
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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    In twenty years, probably but we won't know until it happens. In the future, yes definitely.
     
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  4. thomas mozzillo

    thomas mozzillo Well-Known Member

    Here's a chart of Gold prices for the past 100 years. It has peaks and valleys which still can't predict the future. IMO I think we will have another surge within the next 20 years. If I was that sure of it I'd start buying now which I'm not doing. I see more talk of rising Silver prices.
    https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart
     
  5. Santinidollar

    Santinidollar Supporter! Supporter

    There is no telling. Absolutely none.
     
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  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Diversification is the key to any good investment portfolio, as with stocks
    PM,s can have the same issues, its always a good idea to own equal
    Amounts of Gold, Palladium, Platinum and silver.
     
  7. FryDaddyJr

    FryDaddyJr Junior Member


    sure, all those palladium stackers.
     
  8. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I was fortunate and purchased the bulk of my gold in the 1990’s. When gold spiked at 1800 I felt like the as savvy as King Midas.... Still have that gold and more. I’ll never sell it. It will be my kids and grandkids to sell..... But yeah, I would love to see it spike again just for the feel good factor. Though there is no way on earth to know when/if that may ever happen again.
     
    Last edited: May 24, 2019
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    Sell it when it gets over $2000 and buy when it drops to $1700. :) More for the kids and grandkids.
     
    Randy Abercrombie likes this.
  10. fretboard

    fretboard Defender of Old Coinage!

    Yeah, I hope we have another gold frenzy within the next 20 years but you never know. Unfortunately, you just don't. :D
     
    Collecting Nut likes this.
  11. Collecting Nut

    Collecting Nut Borderline Hoarder

    Think of the chaos if we did. :smuggrin:
     
    Randy Abercrombie likes this.
  12. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Ahhhhh..... But what enjoyable chaos that would be.....
     
    Collecting Nut likes this.
  13. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    if we could predict the future we would all be billion air,s .....LOL
     
    fretboard likes this.
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