Institutional and retail investors won't wait 30 years. You need a quicker payoff. It has to turn cash flow positive within 3-5 years, 7 years tops.
Saints In The Mengou Catalog: First, I noticed a "Rare St. Gaudens Proof Double Eagle" headline. This is an alleged Proof MCMVII High Relief...
Who has ? Carnival barkers ? :D This is a respected analyst with clients. So while I agree some of his numbers are "click-bait", the $2,700 in...
No, a much more illiquid market. They want to sell gold but they are actually BUYING gold because they need it to backstop the ruble. They may...
Futures are notoriously wrong in predicting the oil price. All they are good for is telling you what price you can hedge production.
It accelerated the move up, but gold has been rising for months.
Legislation to restrict their access. They're also buying gold to back the ruble.
The Menjou Catalog (1950): Just got this beaut this week. Adolphe Menjou was an actor from Silent Era and The Golden Era of films. Wow, talk...
I grabbed one that belonged to a guy named Henry Grunthal, an ANA Member and the book was signed to K&K in September 1950. #97 out of 300.
The Heritage Auction books are great sources of information and commentary on more expensive, high-end coins (like Saints). Much of that...
Up $22 AH....:cigar:
I think it is likely to hit $75 by 2030.
......or selling. :D
The Death Cross has predicted 15 of the last 3 bear markets. :D:D:D
If this is the beginning of a big decade-long move up in commodities and gold, then your mistake is NOT BUYING. Think back to the 1970's. Gold...
Gold premiums remain very modest, silver premiums are still moronic.
Just go back in time and STEAL their time machine !! :D
Good !! You and Jim pick me up some pristine MCMVII High Relief Saints circa 1908. I'll give you guys $500 or so, get me a dozen. :D
It's easy for Americans to profit from rising oil or gas prices...just buy an ETF or stock tied to the price. :D :cigar:
Gold holding up over $55 to $2,050...dipped to $30 rise a while earlier but coming back. It WANTS to go higher. There are just too many buyers...
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