GOLD Finally Blowing thru $1350.00

Discussion in 'Bullion Investing' started by Brian Calvert, Jun 18, 2019.

  1. Brian Calvert

    Brian Calvert Active Member

    Just seen 1353....
    Let's hope it finally holds.... Been a long time for so many, I did not start buying until 2015, so not as bad for me. Really feel bad for those that got in 2010 - 2013. You will get your money back and then some. Patient and Logical thinking always wins in the end. Trust yourself, not the Fools on Wall street or Politicians. Also many great people here to trust also...
    One of the very few HONEST and Trustworthy sites online. During an economic down turen and Metals going higher, it should be a bonanza around here...

    Good Luck to all...
     
    Noah Finney likes this.
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  3. furryfrog02

    furryfrog02 Well-Known Member

    I'd actually prefer it remain lower for a bit longer. I would like to be able to pick more up at a decent price. That being said, a few good days/weeks does not mean the upward trend will continue. That's why I'm holding for the long term.
     
  4. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Well... I am happy to see it. The bulk of my gold was purchased before the turn of the century so I am in good shape barring some extremely drastic correction..... I used to watch these market tickers like a hawk and remember feeling like I was a PM magnate back around 2011 or so. Boy was I in for a rude surprise a year or so later..... Moral to the story. It is a long, long, long term hold. In fact for me it is so long term that my kids will be burdened with the trouble of liquidating the stuff!
     
    masterswimmer, -jeffB and furryfrog02 like this.
  5. Treashunt

    Treashunt The Other Frank

    good, about time
     
  6. CoinCorgi

    CoinCorgi Derp, derp, derp!

    :banghead::banghead::banghead::banghead::banghead::banghead::banghead::banghead::banghead:
     
    furryfrog02 likes this.
  7. Noah Finney

    Noah Finney Morgan / Gold Indian Member

  8. Noah Finney

    Noah Finney Morgan / Gold Indian Member

  9. -jeffB

    -jeffB Greshams LEO Supporter

    $1353+ to $1341 in a few minutes. Looks more like speed bumps and potholes than the start of a mountain...
     
  10. chascat

    chascat Well-Known Member

  11. CoinCorgi

    CoinCorgi Derp, derp, derp!

    Time to buy.
     
    -jeffB and Randy Abercrombie like this.
  12. Santinidollar

    Santinidollar Supporter! Supporter

  13. furryfrog02

    furryfrog02 Well-Known Member

  14. Bob Evancho

    Bob Evancho Active Member

    Everyone says buy low and sell high, and nobody knows when to buy the lows and sell the highs or when they are. So most investors hold onto their gold and silver bullion for the long term. I look forward to gold and silver going down so I can buy more rare gold and silver coins for long term investing and collecting. In 1986 gold was around $350 per ounce and an MS-60 1893-S Morgan was $20,000. You could have bought just over 57 ounces of gold or one 1893-S unc Morgan. Today the gold would be worth About $77,142. Today the MS 60 1893-S Morgan is worth $160,000. The ten year gold chart is interesting. I'd like to see the 10 year MS-60 1893-S Morgan chart. So I tell everyone to buy the best key 1893-S Morgan they can afford. A happy coin collector, not a bullion investor. Sell gold Bullion, buy rare coins.
     
    ilmcoins and Randy Abercrombie like this.
  15. rte

    rte Well-Known Member

    You guys should get in the same room around a poker table.:greedy:
    Screenshot_20190618-113219_Samsung Internet.jpg
     
  16. GoldBug999

    GoldBug999 Active Member

    My father used to say, "buy high, sell higher".
     
    slackaction1 and chascat like this.
  17. chascat

    chascat Well-Known Member

    I don't own a lot of bullion, but I do attach low buy points and high sell points to the bullion I do own...like 15% or so, regardless of the price of the stuff...It does work.
     
  18. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    What is low and what is high ? i can remember GOLD when it was $279
    An once, i remember that exact amount because thats when i bought my
    First Kruger :) many moons ago....LOL
     
    Randy Abercrombie and midas1 like this.
  19. myownprivy

    myownprivy Well-Known Member

    I'm young. I don't need the money and I have time. Maybe in 25 years I'll sell. Maybe in 50. Maybe gold will go to $2000 in 5 years if voters do something stupid again. Maybe I'll fall and break my neck and need the money in a month.

    Those are my selling options.
     
    Randy Abercrombie likes this.
  20. CoinCorgi

    CoinCorgi Derp, derp, derp!

    That's a guarantee then. Voters have never not done stupid. Buy Buy Buy!!!
     
  21. midas1

    midas1 Exalted Member

    During the 60s gold was around $35.00/oz.

    I started buying gold coins ten years ago.
    Investment wise I believe I would've been better off
    putting that money in a S&P index found.

    When I get time I'm gonna check the purchase price and current value for each coin. I remember I bought a 1oz gold St G UHR for $1189. The price went to $3,400.00 now it's worth around $1,600.00.
     
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