$5,000 GOLD guess the time and date

Discussion in 'Bullion Investing' started by mpcusa, Jan 21, 2026 at 2:27 PM.

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  1. -jeffB

    -jeffB Greshams LEO Supporter

    1879-1899 would like a word.

    More recently, inflation hit 23.7% in the US in 1920; at that point, prices had risen 80% since 1916. Hard money is no panacea. I'd rather have endemic inflation than a string of depressions. I'm not that attached to squirreling money away under my mattress.
     
    -jeffB, Jan 22, 2026 at 11:23 PM
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  3. Alegandron

    Alegandron "ΤΩΙ ΚΡΑΤΙΣΤΩΙ..." ΜΕΓΑΣ ΑΛΕΞΑΝΔΡΟΣ, June 323 BCE

    Ah, but there is nuttin’ like…

     
    Alegandron, Jan 22, 2026 at 11:49 PM
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  4. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I can't believe we're on the cusp of hitting $100 silver and $5000 gold so soon, and at nearly the same time . . . At this writing they are $99.26 silver & $4968.30 gold.
     
    ToughCOINS, Jan 23, 2026 at 12:57 AM
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  5. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Plus the end of fixed exchange rates....low-volume, fixed-rate commissions on stocks (Charles Schwab ended that on May 1st, 1975)....tiny, illiquid options and futures exchanges.

    The gold and FX markets traded $1 billion a day in 1979-80. Today, the gold market trades about $200 billion a day.....while the FX market trades $8 trillion a day.
     
    GoldFinger1969, Jan 23, 2026 at 2:23 AM
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