Gold price finally hits $2k as whole world feels impact from Mr. Putaso!

Gold price is pumpin', Silver not so much! Well, I think everyone knows the reason why gold is pumping up a storm but what about Silver?? Will a payday go to Silver Stackers or should we buy a lottery ticket and hope for the best?! j/k

 

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I don't know much Spanish, but I think that thread title may have two extra letters on the end.

 

Yes you see what I did there, had to change a letter and add two!

 

I like Silver, but unfortunately it lacks the punch and allure of GOLD, but still
use generic silver for wealth storage but I dont think its ever going to get
back to those days of $50 an once.

 

I think it is likely to hit $75 by 2030.

 

Unfortunately the rise in these metals is based on a Putin war
On Ukraine. The dead mount up and the precious metals rise.

 

Will Russia start dumping its 130 billion in gold?

 

Legislation to restrict their access. They're also buying gold to back the ruble.

 

It accelerated the move up, but gold has been rising for months.

 

They would be dumping Palladium most likely, an abundant supply plus worth
more then Gold.

 

No, a much more illiquid market. They want to sell gold but they are actually BUYING gold because they need it to backstop the ruble.

They may also be targeted from selling gold.

 

I have a little bit of silver but with the current premiums someone is getting rich and it's not the stackers at all! The days when you could go to your LCS and buy ASE's for $2 or $3 over spot are long gone, so I'm out!

 

Yeah, that's what I been experiencing with the Silver FRET common Morgan was around 30 for the cheapest, and Peace dollars also Halves up to 12 to15 a piece. I mean people are paying up every now and then I can snag one early morning on a BIN before people awake...

 

Premiums are really to high for all PM,S , best to try and look for special;s but those
seem to be few and far between especially on the stuff you actually want.

 

Seems I read somewhere that they had to prop up their monetary system with gold to keep some value in their cash…. But then again, it may have been a dream I had!

 

With the entire world against Russia, there choices are dwindling, I think now
there just trying to save face, your either all in are all out no middle ground here.

 

Can somebody explain how taxes figure in when you sell it? Supposing you sell a 1-ounce Krugerrand. How are taxes calculated?

 

Went to a coin show last weekend. 100 dealers. The cheapest Silver Eagle I could find on the floor was $36. $11 over spot is crazy.

 

Raw, no holder, not a proof or special finish ?

 

as of late silver is making a run, and gold still struggling to hold the 2k bar
there's allot of pressure right now on all investment vehicles stocks included
I wish Putin would get out of Ukraine so we can get all back to business !