Gold Price, Are you Buying, Holding or Selling?

i've been picking up some GLD, and some physical.

 

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I think you did fairly well as the POG is sluggish right now but all systems are go and prices should go up, up, up!

 

I am sitting on my hands. I never liked to be rushed, and have bought quite a bit the last few years when no one wanted it. That is my comfort zone, slowly accumulating with low premiums rather than chase a "hot" item. I will wait to see if a buying or selling opportunity presents itself. Right now I view it as fairly neutral.

 

I have a minimum of both I buy every year no matter what. there's no rush whatsoever, and I've never paid this much above spot. I have seen gold close to this high just once. there's not a damn thing wrong with stacking paper. Unless you're a paranoid nutbag

 

What you have there is a ridiculous looking fake.

 

It’s a very silly looking fake, I’m no expert but that’s not even close

 

Agreed, I think it looks fake as well!

Well did you buy it??

 

$200 below spot?
Does eBay have a refund policy if it turns out fake?

 

Seems too high to me.

I would be more comfortable at this price point.

https://www.ebay.com/itm/1967-South-Africa-Saudi-Africa-Krugerrand-1OZ-Gold-Coin-Paul-Kruger-Token-Value/392791991507?_trkparms=aid=1110004&algo=SPLICE.COMP&ao=1&asc=225073&meid=f5adf6f9be5a4fba9e185418342c9ea1&pid=100013&rk=1&rkt=12&sd=324161372951&itm=392791991507&pmt=1&noa=0&pg=2047675&algv=default&_trksid=p2047675.c100013.m1986

Seems much more legit. The Saudi African coins from China are a no brainer.

 

There’s no IF. It is fake. The seller has already refunded the money.