At what price will you start buying gold again?

All the PM’s have taken a dip. And at a time they should have gone up.

 

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someone told me on this board to wait until it drops below $1200 too .. back when it was rising above $1500.

I'm still waiting.

 

I still remember missing the opportunity to buy graded saints at $1400.
Hindsight, looking in the rearview mirror...call it what you will.
I don't think the option will come around again.

 

Don’t hold your breath.

 

If anybody's looking for a bottom -- the local show where I prefer to sell silver and gold is this weekend. So I expect prices to keep dropping through the end of this week, then spike starting next Monday.

 

address/hours ?? LMAO

 

https://www.coinzip.com/coin-show-Raleigh-north%20Carolina-Fairgrounds

Looks like ANACS is going to be there. They used to come only to the big annual show. I've got nothing for them this time, though.

 

The bigger question we should all be asking is this: how long do we have before there is a crisis in confidence in the dollar and we see a massive devaluation/diminution of purchasing power? With deficits consistently approaching wartime levels and increased spending on an ageing population coming down the line, I just don't see how our fiscal picture gets any better.

 

Like Jerry Reed says, hold onto your head Fred.

 

Sorry, everybody, my bad. I should've mentioned that I was thinking about going to the Gettysburg show while we were up in MD, but didn't end up taking anything to sell. So that's why gold and especially silver spiked Friday.

 

Buy at any price as funds allow.

 

Since gold will be going much higher -- $3,000 by 2030 is my prediction, $5,000 by 2035 is possible -- it will drag everything upwards that is priced off gold.

I think MS-65 Saints will set a new ATH after 40 years later this decade.

 

Don't worry about this. It's not something any of us are likely to experience in our lifetimes. A global financial and economic superpower with a reserve currency can have problems last for DECADES before the s*** hits the wall.

Hell, even a 3rd-rate economy like Greece took 30 years to implode....GREECE !!

So many things can change. AI for one thing...I saw where it might (?) increase real GDP by 1.5% per year. You grow real GDP an extra 1.5% annually over a decade or two and you know what that means for deficits and entitlement mismatches ?

Like winning MegaMillions to help cover your credit card debt !!

 

There are people who throw numbers out with NO ANALYSIS whatsoever.

I could certainly be wrong, but at least I can back up my projections with hard numbers. Long-term, I base my rising gold price on increased demand like the Indian consumption data over the last 80 years that I posted on another thread here.