At what price will you start buying gold again?

i'll buy it at sub 1000

 

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I think that ship has sailed.

 

I’m afraid you are right. When I was a kid in the 1960s, the official government price, $35 an ounce, was too high for most of the decade. In the ‘70s it was $100+. When it hit $850, that was outrageous and fell considerably.

This time, it’s different. It’s too bad because I have been looking forward to buying the new, “Eagle head” reverse bullion coins at a reasonable price.

 

I dunno. It's different every time.

The thing is, gold will continue to go up and down in value (fight me) -- but the dollar isn't ever going to claw back much of the purchasing power it's lost over the last 60 years. Dollars are small enough now that I'm not sure a thousand of them will ever buy an ounce of gold again.

 

I have bought gold coins, but at numismatic prices.

 

I buy 2 OZ a month in the forms of bullion, liberty and saints, I am a long term investor so price up or down doesn't really affect my buying it will all average
out in the end

 

I buy what I like in any form.

 

I won't be buying gold again. I have all I need.

 

I keep a plan minimum inventory (AGW) of gold coins.

 

Like my late father in law said you I can never
have enough money or in this case GOLD

 

I’ve never stopped. I’m just cautious and particular in what I buy and pay for it.

 

I've purchased 15 dcam/ucam/ms70 certified Gold coins this week from various sellers who I believed might adjust their offered price by 5% for a quick card sale.

Out of the many dealers I contacted, only 2 refused, and 1 came back with an offer for the amount I submitted to him, SOLD!

All of the coins were the lowest price listings in their category, and appreciably below the highest offering for the type.

My average cost was ~65% above melt, and believed a good investment!

JMHO

 

Congratulations!

 

I don't really focus on price, I mean I want to pay the lowest price possible but if I have a hankering to buy something specific and I can afford it, I'm likely to buy it after all it's gold!

 

I totally agree, with GOLD you just cant go wrong at any price

 

The problem with overthinking a purchase.
Guess I'll have to be a little quicker on the next one

 

When it drops under $1200. Like slabbed AGE, AGB.MS69-70.

 

if you were buying and selling or flipping
GOLD i can see where price would be important especially if you buy in bulk
but be a long term investor where it’s
not going tone cashed in for 15-20 years
price bought and sold will average out

 

Silver is about to 22.00 is this another dip like the last two or three times it fell down to low twenties? or maybe lower this time. There are some selling below or at spot when you add shipping.