Banks don't "push" anything, the market dictates. If banks could "dictate" they'd have conditions that were a wee bit better than what they have...
PTs are always wrong. The big thing is getting the DIRECTION right. Guess what....the last 2 years I have had the inflation, GDP, and Fed (FOMC)...
Getting the DIRECTION right is more important and also having the underlying fundamentals right is also good. Personally, I think $3,000 by 2030...
$2,250 overnight....some stuff on gold and gold stocks from ScotiaBank.
Tyler, do you intend to keep any/all of the bullion ? Are you a collector of numismatics and would you deploy $$$ into those ?
I would say NO. Unless you are sending in dozens or hundreds, it's not enough of a premium to have a 70 or even 69. I've bought modern 1-ounce...
That's what I thought...and I had some black spots on a 1915-S I owned a few years ago. Looked loose, wondered why they didn't air-blow it off.
New highs.....$2,240 on the COMEX.
Gold Certificates: At least after 1907 when we went from Liberty Heads to Saints.....GCs had to be 2/3rds gold coin, 1/3rd bars or foreign coins....
Were they ? My other thread has pics of the relevant bills so I won't duplicate here.... but while the FRN's had the gold language I don't see it...
United States Notes: Besides the Red Seal, the notes didn't have a $10, $20, or $50 denomination. They were issued from 1862 to 1971. I still...
Feel free to add others I missed from the Small and especially Large Bill eras. I don't have any large bills myself, but I'm sure the verbiage...
[ATTACH] Gold ETFs NOT driving this rally: [ATTACH]
Gold a bit weak but mostly looks like a correction. Need to see HIGHER highs and HIGHER lows going forward. [ATTACH]
My only sub-1 ouncer that is certified is a Libertad. All others are raw.
I have a few of these as a novelty purchase...they're nice...but they're SMALL. You aren't buying 1 ounce of gold AND the features (devices,...
I like to study monetary history -- yup, read Friedman & Schwartz' magnus opus in college :D -- and doing some readings the last year or so with...
People buy silver simply because it is "cheaper" than gold and they can buy more. But that's not a reason for something to outperform.
Yup, no doubt....part of the premium is clearly by people who want gold but can't spring for $2,000-plus for 1 ounce of gold. So they chase sub-1...
It's so miniscule, JM....unless it's certified and has some additional add-ons like DCAM etc.
Separate names with a comma.
