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Gold - Is $1900.00 the New Normal?
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<p>[QUOTE="jb10000lakes, post: 8318123, member: 102967"]Big numbers make little swings look big. Gold's been roughly $1900oz for a while now, but even when it bounced up to $2000, that's only a bit over 5% increase. When my wife looks at the 401k's (which always seems to only be after the bad quarters), she is aghast at the amount of dollars 'lost', but it's only 5-6% of the total; where was she the previous 8 quarters when we were blowing the roof off? I don't quite dollar cost average, I chase '0' to minimal premium gold, which doesn't make it self readily buyable, but you can get at it now and again. Picked up a sealed pair of 2019 $5 Canadian Polar Bears (1/10 oz) for $406 in pocket just 2 weeks ago.[/QUOTE]</p><p><br /></p>
[QUOTE="jb10000lakes, post: 8318123, member: 102967"]Big numbers make little swings look big. Gold's been roughly $1900oz for a while now, but even when it bounced up to $2000, that's only a bit over 5% increase. When my wife looks at the 401k's (which always seems to only be after the bad quarters), she is aghast at the amount of dollars 'lost', but it's only 5-6% of the total; where was she the previous 8 quarters when we were blowing the roof off? I don't quite dollar cost average, I chase '0' to minimal premium gold, which doesn't make it self readily buyable, but you can get at it now and again. Picked up a sealed pair of 2019 $5 Canadian Polar Bears (1/10 oz) for $406 in pocket just 2 weeks ago.[/QUOTE]
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