$5,000 GOLD guess the time and date

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.

 

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Ah, but there is nuttin’ like…

 

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.

 

Ok… what do I win? Lol!! Just kidding guys.

 

I was close to,,,,,jan. 28th

 

I predict silver $500/ gold 10K by 2027

But really I wish both would drop, its making my hobby way too $$$$$$$$
My heaviest gold coin,,,,,140 grams, but my AV 2 Dukaten Danzig worth way more

 

Would someone PLEASE inform the Gold Market that I just bought 2 gold coins at FUN 2026 and the price is supposed to plummet after I buy ?

 

Are these Spot or Futures?

 

Kitco, Friday eve, closed for weekend:


MARKET IS CLOSED
(Will OPEN in 40 hrs. 58 mins. )
METAL LAST CHANGE

• Gold4983.10
  47.50 (0.96%)
• Silver103.08
  7.02 (7.31%)
• Platinum2776.00
  144.00 (5.47%)
• Palladium1995.00
  98.00 (5.17%)
• Rhodium10000.00
  150.00 (1.52%)

 

Live spot prices off of Apmex app.

 

Thanks!

 

Well since it went the last $146 in two days and reached the goal, is it too late to change the thread title to $6k? Or make a new one. THAT will be a challenge. Could be there in two weeks or not in our lifetimes.

 

Or a simpler challenge: "which will it hit first, $6K or $4K?"

I vote $4K. But until a week or two ago, I would've voted $4K before $5K.

 

Well….. You wanted 5k gold? You got 5k gold

 

I think I predicted $5,000 gold back about FUN 2020, 6 years ago.

I thought $3,000 by 2030 was a given and $5,000 by 2035. Then I moved up both.

I was too conservative.

 

its finally here

 

Gold and silver are CLEARLY being chased higher....it looks like short-covering...but nobody is saying they lost $$$ on their positions.

Very strange.