Youtubers are going crazy with gold price predictions in December! My last gold buy was August 4th, just a couple of months ago and I don't think I'll be buying anymore as the price is too high for my liking. It's been a couple of years since I bought any silver and I don't have interest in buying anymore right now. That said, I may buy any day now, who knows, I mean if I happen into a coin shop, that's probably what I will buy. How about you, anyone still buying gold and silver?? Just wondering...
I haven't stacked any since the premiums shot up a few months ago. I shifted my buying over to type set coins. I do have a really good relationship with my LCS so he'll notify me if anything in my interest group comes in.
I recently sold some gold and am considering doing it again. I’m talking about AGE bullion coins and not numismatic coins.
Gold is to high and not buying much silver. Going to focus on trying to get some of these V75 coins coming out Nov 5th.
If silver can go to around $18 or so again, I'll buy some more. Perhaps $20 if prices lower than that seem out of reach.
Honestly I think it is near impossible to know when it will go up. I certainly doubt we ever see $1500.00 again, not with the amount of Printing that has happened. Maybe once China becomes Dominate, 10 years from now, they could force it much lower. Who really knows... We know for a fact that the Banks, JP Morgan, and others, including those in London have been doing all they can too keep it down. You can find the proof from Many LEGIT posters on Youtube. It isnt rocket science, just good science and following the futures exchanges. Everyone got scared in March thus the big push up as big family offices collected their Futures contracts in Gold vs taking a check for cash value. The Exchanges have created new future contracts, along with adding hundreds of suppliers. They ran LOW on Gold and got caught. It is coming !!! calling a Dec. spike is like a huge guess. Youtube is now getting TOO many Pumpers... You have to be careful whom to listen too. https://www.goldmoney.com/corporate/bio/alasdair-macleod This guy is highly respected, on pallisade radio, and other forums... But, he called for a banking crisis before the end of this year, and he did so only 3 months ago. Again, I dont see it as they continue to Print money to the rich and the PEOPLE, seem to not have a care in the world. They could care less that inflation is at 8%, bank savings rate at .7% and their yearly raise is 3%. I dont get it, but dumb is dumb, whatcha gonna do
Like others I stopped when the premiums shot up. For silver the premiums were never that great - but its been ridiculous this year. Hold.
I just didn't sell anything during the silver rise up to 28 or so I held. But told myself I would sell if it got to 25.00 and just sat there on my coon dog butt... now I will sell next time it hits 28.00... and purchase gold I thinking.. I was told early on be PATIENT wonder where I can purchase some of that..
Yes, you absolutely gotta be patient, it takes awhile but you'll get there! If I was you I would continue holding any silver you have as in early next year we should be seeing amazing prices on both silver and gold!
CRAZY ON YOU.... Jus checking some auctions.. 190.00 a roll for quarters 90% and he had 12 rolls and they sold within a few hours of listing.... plus ship 4 TO 8 dollars depending on rolls purchased.......SOME PEOPLE KIDS...........................HOLDING...........................
Agreed. I sold a half roll of my duplicate circulated Franklin halves when silver was at $29 but I'm holding right now and not buying for several reasons. The premiums even for junk silver are ridiculous right now. I'm not paying $5 over spot for $1.00 face value of junk silver, plus the shipping costs. I'm just NOT. I've seen a few deals for bullion coins but even those have higher premiums now. I can find way better deals at shows.
Stocks are getting hammered today. A lot of forced selling this week to cover leveraged positions. SLV and GLD are liquid to put out fires elsewhere Expect a few days of downdrafts
Yeah, I heard it don't matter who wins, gold is going up! I'll take that bet as I'm more than ready to see a bull run to add excitement to my lock down!
I still buy at times, if I like the coin and premium for "bullion" type stuff is really cheap. I bought a $2.50 at like a $40 premium last month for funsies. This does not affect gold coins like Byzantine or something that really has little to do with melt value. Pretty much same thing with silver. Buy 1 ounce coins for the kids when I go to a show, otherwise not much interest right now. Too bulky. I wish I could find reasonable premium platinum. Anything available people want a FORTUNE for versus melt.