Gold headed to $1,000.00. gold coin follow.

So in time we will learn how to turn lead into gold?

 

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Don't confuse gold jewelry and gold bullion as being he same.
10K is about 41.7% gold
14K is about 58.5%
bullion coins are either 90% or 99.9% depending on what they are.

 

nah, not tv, nasa.tv

and it doesn't affect my decisions now at all. I just know that there is bound to be plenty in the universe to ever think that the supply is limited to earth, no matter the factors and costs of excavating and transporting materials.

 

The absolute supply is irrelevant. What is relevant is the available supply at each price point.

 

I hope they all go up, because it's good for all of us collectors.
Bob

 

Agreed!! Glad you shared that ideal, maybe some of the naysayers can comprehend that statement. Time will tell. :thumb:

 

when do you buy ?

Gold for some is a lifetime commitment. That gives them decades of cost averaging.
Buying now is not a risk, but they do take advantage of down market times.
Others trade for profit watching indicators and creating a bit of stress in their life.

The gold market is not that large , and problems plague South Africa to put them out of first place in production.
China continues to dig by mandate and they dig. They also purchase in large amounts when possible.
I think gold is a good long term hedge. Others like to trade commodities of all kinds.

Pep

 

silver back to over $15.00......

 

gold and silver move up again. but silver is always faster than gold.

 

I have my stash of gold and silver ready to sell if the price rises enough!. My B.D.B. is full and heavy!

 

better not to sell.

 

//// What goes up goes down even faster!

 

not at this situation.

 

I have more than $40,000 in gold and $2000. in silver thats alot of risk for someone like me that makes only $7.70 a hour!. If gold hits $1100. I am selling!

 

that's another story. but for the next two to three years. the gold should continue to go up. anyway. that is my opinion. for further opinion and expertise. ask krispy.

 

My wife thinks I only have $500.00 in gold! If she ever found out Who knows what she would do! She is a nurse so I know she could make my demise look like natural causes! LOL!

 

don't worry about your wife. you make money. she will be happy anyway.

 

Why hide your gold

I discuss all my trasactions with my wife. She must know at some time I might not be here. Knowing where to look ,who to talk to gives her a certain amount information that we hard to unravel in a difficult time.

pep

 

I agree. Keeping financial secrets from spouses has a long history of bad endings.

 

Thanks for the vote of confidence. I wish I had that crystal ball, but no one really does.