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

    0 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. bob1929

    bob1929 New Member

    i'll buy it at sub 1000
    Player11 likes this.
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  3. psuman08

    psuman08 Active Member

    I think that ship has sailed.
  4. johnmilton

    johnmilton Well-Known Member

    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.
    masterswimmer likes this.
  5. -jeffB

    -jeffB Greshams LEO Supporter

    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.
    Mr. Flute likes this.
  6. ToughCOINS

    ToughCOINS Dealer Member Moderator

    Thread title asks, "At what price will you start buying gold again?"

    . . . I've stopped?
    -jeffB likes this.
  7. johnmilton

    johnmilton Well-Known Member

    I have bought gold coins, but at numismatic prices.
  8. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    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 :)
    Cheech9712 likes this.
  9. Collecting Nut

    Collecting Nut Borderline Hoarder

    I buy what I like in any form.
    bob1929 likes this.
  10. ldhair

    ldhair Clean Supporter

    I won't be buying gold again. I have all I need.
    masterswimmer likes this.
  11. Player11

    Player11 Bullish

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

    mpcusa "Official C.T. TROLL SWEEPER"

    Like my late father in law said you I can never
    have enough money or in this case GOLD :)
    Cheech9712 likes this.
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    I’ve never stopped. I’m just cautious and particular in what I buy and pay for it.
    Cheech9712 likes this.
  14. imrich

    imrich Supporter! Supporter

    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!

    Collecting Nut likes this.
  15. Collecting Nut

    Collecting Nut Borderline Hoarder

  16. fretboard

    fretboard Defender of Old Coinage!

    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! :D
    mpcusa likes this.
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I totally agree, with GOLD you just cant go wrong at any price :)
    fretboard likes this.
  18. rte

    rte Well-Known Member

    The problem with overthinking a purchase.:D
    Guess I'll have to be a little quicker on the next one :p
    Screenshot_20230826-194309~2.png Screenshot_20230826-193451.png Screenshot_20230826-195701.png
    masterswimmer likes this.
  19. Player11

    Player11 Bullish

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

    mpcusa "Official C.T. TROLL SWEEPER"

    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 :)
  21. slackaction1

    slackaction1 Supporter! Supporter

    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.
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