Come to think of it...that CAGR could be even less, like low-single digits. Gold was pretty much in a $280 - $400 range for 20 years.
Jeff, we are in totally unchartered territory with a big rise in gold that we have seen before in % terms...but NOT in absolute terms. When gold...
AU raws could be cleaned (Details) or even lower than AU so you really don't know what you are getting. But a true AU Saint could be NICER...
I don't know about that, but I heard today that the world's gold was now worth $27 trillion which is about 50% of the value of the S&P 500....
The financial markets tend to impose discipline, however....so even if what you say is true (and it is, to an extent)....the effects are...
That's great...I'm only saying that we've had 2 decades-plus of rising prices so any "long-term" buying is going to look good. If you did the...
We're overbought....if we don't correct much, that will be a strong sign that there are institutional bidders underneath which is very bullish.
There's a HUGE difference between gold being OVERBOUGHT and being in a BUBBLE. I see no bubble in gold whatsoever. In 1980, gold was up 20-fold...
$13 Bid-Ask spread ?? :woot:
A good TA guy from BTIG was saying on CNBC today that gold was 26% above the 200 DMA.....has usually triggered corrections at that overbought...
Bloomberg TV this Saturday @ 8:30 PM for pre-1933 gold....9 PM for 1880's Silver Morgans....if anybody is interested to see them.
I'll bet it's over $5,000 now and probably in 2 payments to avoid sticker shock. I am going to actually tape one this weekend and report back,...
Bingo....I have 2 or 3 of some of the Saint-Gaudens Commemorative Silver coins that that's more than enough. If I were making a bet on silver, no...
I think it's supply and demand. They don't strike anywhere near as many as the U.S. does ASEs or Canada minting Maple Leafs, etc. And they...
How much over FMV are they ? I've seen the gold and silver infomercials on the weekends and they are often 25-35% (sometimes more !) over FMV....
My point is that our country has the ONLY deep liquid financial markets and people will need dollars to access them. Our economy is also the...
That was my calling card and I was gonna...but figured I'd be creating it about 2027 or 2030. :D
What makes you think that "financial sanity" isn't here or we need to return to some other norm ?
Probably won't end until January, a traditional peak period....and when I need prices LOWER at FUN 2026. :D We don't need another wasteful audit...
Moderns I agree with. On Libertads....they are very nice...in bigger sizes the big clear fields are very attractive. The woman with...
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