Gold Price, Are you Buying, Holding or Selling?

Discussion in 'Bullion Investing' started by fretboard, May 8, 2020.

  1. fretboard

    fretboard Defender of Old Coinage!

    As you're all aware gold is currently a tad over $1700 an ounce! :D I don't even know if Coin Shops in my area are open, I live in Cali so I'm thinking all are closed due to the Corona Virus! So how are your days going forward are you buying any gold? Feebay is top retail and there's definitely high prices going on there as you all know. So are you buying? Selling? It's no buddy's business! ;) Eat cacahuates? laughhard.gif Any comments appreciated! :D
     
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  3. David Betts

    David Betts Well-Known Member

    Bought all of the last Barber / Morgan's last years alive to make a set the 1904-05 Lewis and Clark's and the 1916/17 McKinley's can't seem to get the 2 1/2 1915 s panama to complete the series! Gerrrrrrrr! $$$$$$
     
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    Hold for sure and buy when it's priced reasonable.
     
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  5. David Betts

    David Betts Well-Known Member

    bid up 1 on ebay earlier at 2.99 now at $879 ungraded ? 5 days left! bailed
    Anyone got one 1 to trade lol
     
    Last edited: May 8, 2020
  6. fretboard

    fretboard Defender of Old Coinage!

    Agreed! Prices are crazy everywhere! :D
     
  7. Santinidollar

    Santinidollar Supporter! Supporter

    I’m adding gradually to a gold ETF.
     
  8. medoraman

    medoraman Supporter! Supporter

    Other stocks too cheap so buying them instead. Holding pm since the price is not nearly attractive enough to sell.

    Tell you what, I am definitely seeing inflation, and not just meat. Everything is going up. Seems like all manufacturers are seeing this as a perfect time to raise price . I have not seen this much overall price changes since the late 70s. I am sure reported inflation will be low with oil down, but I am seeing price spikes in everything else.
     
    FryDaddyJr likes this.
  9. FryDaddyJr

    FryDaddyJr Junior Member

    yeah stocks are a good idea right now, buy low
     
  10. fretboard

    fretboard Defender of Old Coinage!

  11. Santinidollar

    Santinidollar Supporter! Supporter

    One ounce of gold at $1,530? That seems a bit odd.
     
  12. fretboard

    fretboard Defender of Old Coinage!

    Tell me about it! Plus the seller's fb score was like 88.9%, huge red flag! :D
     
  13. N2theCAPE

    N2theCAPE New Member

    Buying when I see a relative deal, buying things that I have been looking for and also things that I haven't :jimlad: & Holding what I have.
     
    GoldFinger1969 likes this.
  14. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I'll sell some gold above $2,500.
     
  15. Santinidollar

    Santinidollar Supporter! Supporter

    The eternal optimist!:woot:
     
    GoldFinger1969 likes this.
  16. Kentucky

    Kentucky Supporter! Supporter

    Does that mean you'll buy it for $2,200?
     
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  17. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I'd be a buyer here, if I were working FT.

    I think the next $1,000 move on gold is UP. I don't know where the next $200 move is.
     
    Kentucky likes this.
  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I think before the decade is out that those MS65 Saint generic commons will eclipse their 1989 high of $3,500-$4,000.

    Might even happen alot sooner.....:D
     
  19. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Unless you need TONS of gold, I think that our advantage as small investors is to be able to buy and hold physical gold, whether bullion or common Saints or Liberty's.

    JMHO.
     
  20. FryDaddyJr

    FryDaddyJr Junior Member

    How did I do? I "offered" 1800 on this, It was 2,050. No sales tax, 30 dollars shipping. It's a good brick and mortar coin shop I bought from before.




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