At what price will you start buying gold again?

Discussion in 'Bullion Investing' started by QuintupleSovereign, Nov 15, 2022.


At what price per oz will you start buying gold?

  1. $1800

    1 vote(s)
  2. $1700

    1 vote(s)
  3. $1600

    4 vote(s)
  4. $1500

    4 vote(s)
  5. $1400

    2 vote(s)
  6. $1300

    5 vote(s)
  7. I'll buy at any price.

    9 vote(s)
  8. I won't be buying at any price.

    5 vote(s)
  9. Other

    5 vote(s)
  1. Collecting Nut

    Collecting Nut Borderline Hoarder

    Gold—I’ll buy at any spot price but I am selective as to what I buy. I’ll buy gold at spot when it looks like this.
    1D91C9E7-6F2A-4DE3-81C9-97B9D2B25791.jpeg 81D3A257-C7E4-4A24-B0C8-1DA8C241F4E2.jpeg
    or like this
    0A4AE666-5E79-43F4-A893-8F84302CDE68.jpeg CD644C7E-3EE1-4CE7-BE05-28571E0D0DB8.jpeg
    Andy, Atarian, fretboard and 2 others like this.
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  3. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    It all about timing :)
  4. rte

    rte Well-Known Member


    Care to let us know how you calculate spot on these?
    I've picked up a few bits off epay but usually the hosted picture doesn't represent what they ship and has way too much white quartz in it.
    I can fall down in the desert and find white quartz :p
    I don't want it adding weight to what is supposed to be pure gold.
    Last edited: Nov 19, 2022
    slackaction1 likes this.
  5. rte

    rte Well-Known Member

    Mike at was supposed to be selling gold at wholesale.
    Not necessarily spot but at $64 a gram for half gram nuggets ruffly plus shipping it's not the worst buy in quantity for people who assemble/sell paydirt bags or make nugget jewlery.
    GoldFinger1969 likes this.
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    I just do the best I can by taking the weight of the nuggets and the number of grams in an ounce and the spot price and apply basic math. You’ll never be accurate but close is good enough.
  7. rte

    rte Well-Known Member

    I bought 1/4 ounce of flakes from chickenminer out of Alaska for a reasonable price BUT wasn't expecting the gold to be so coppery...I thought Alaskan gold generally a higher grade like Australia.
    I wasn't impressed, my local dust and pickers look to be a higher grade in Arizona.
    The chickenminer Gold was -40 mesh and SOLD as flakes/dust.
    Yeah it's really small, small enough that I'm going to leave it in the glass vile and not add it to the other nugget patch.
  8. -jeffB

    -jeffB Greshams LEO Supporter

    ...but timing is all about predicting the future.
  9. TheFinn

    TheFinn Well-Known Member

    I like to buy while it’s still available.
    I don’t price PMs in fiat currency.
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    A crystal ball will tell you everything
    however mine is currently being serviced
    -jeffB likes this.
  11. imrich

    imrich Supporter! Supporter

    GoldFinger1969 and AdamL like this.
  12. imrich

    imrich Supporter! Supporter

    I don't pay any attention to spot, but buy dollar-cost-averaging CACed pre-1933 MS "clean-fields" Gold @ ~CDN quote price, immediately when offered by my on-road coin show dealers.

    Dependent upon what John offers for a graded product, many will probably be re-submitted to be a CAC grade slab.

    I believe CAC may have diminished its' quality by handling average "market-graded" top-tier TPG coins.


    I hope I haven't "crossed a line" with my logic approach.
    GoldFinger1969 likes this.
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    I didn’t say anything about AU $2.50 Indians at spot but I paid spot price for that one about 10 years ago.
  14. rte

    rte Well-Known Member

    I just found out through a friend that a guy he knows
    Somebody somewhere is getting a few at spot.
    Pawn shops, gold and silver stores?
    GoldFinger1969 likes this.
  15. GoldFinger1969

    GoldFinger1969 Well-Known Member

    You saying they have lowered their threshold in stickering coins ? Gold coins ?

    As of when ?
  16. imrich

    imrich Supporter! Supporter

    Doug/I/Others have discussed the degradation of the TPG systems over the years, since what is believed the only legally acceptable 1977 ANA Illustrated Published grading standard.

    Currently, it is common to find MS67 TPG graded coins that wouldn't meet those MS60 criteria.

    The standard has been diminished since subjective photograde was introduced, where the original retained description didn't match the image!

    A singular exception would be found to void the new standard unless the complete initial standard was voided by vote from proper authorities.

    An objective court finding would probably find additions acceptable but not a complete change without voiding an internationally recognized firms' published standard.

    Court precedents have already been established which support the arguments stated.

    Last edited: Nov 20, 2022
    GoldFinger1969 likes this.
  17. GoldFinger1969

    GoldFinger1969 Well-Known Member

    But what about CAC ?
  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I have the ANA book (7th Edition)....if they have an MS-60 picture, I will compare to an MS-67 and report back.
  19. ldhair

    ldhair Clean Supporter

    I have all the gold I wish to have put away.
    GoldFinger1969 likes this.
  20. Collecting Nut

    Collecting Nut Borderline Hoarder

    I would think that it can be done in the right areas.
  21. rte

    rte Well-Known Member

    At what price?
    I FINALLY secured a 1/10oz
    2022 type 2 $5 eagle in MS70
    for ONE of the Coin club meetings end of year raffle prize.
    Been hunting one most of the month and as the gold spot price went up I was always getting outbid.
    This was probably the 60th one I had a solid bid on.
    I better not get any complaints from the winner at $5 a ticket :D Screenshot_20221120-171610.png
    fretboard, -jeffB and Collecting Nut like this.
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