Next Level: GOLD $1,350.00

Discussion in 'Bullion Investing' started by elaine 1970, Sep 11, 2009.

  1. fools_gold

    fools_gold Junior Member


    No they don't. I think as long as you don't sell them gold valued at over $10,000? It's either $10K or $7K, then they don't issue you a 1099. The total for shipping + insurance was $20. To me that's not bad at all compared to the HUGE ripoff I would have gotten if I sold locally...
     
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  3. fools_gold

    fools_gold Junior Member

    Let's see how PM's do in a couple hours......
     
  4. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    Actually I was referring to the pawn shops in my city that rip people off buy giving only 50%-60% of spot for gold coins. The local coin dealers do way much better than that. Don't sell gold at pawn shops. The local coin dealers are much better to sell gold coins at than the pawn shops. The best place IMO to sell gold coins is ebay. I have never sold any gold coins on ebay but I have look at prices for certain gold coins and at least you probably would get most of the premium back if you sold on ebay.
     
  5. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector


    I think that the limit is $10,000 where it triggers a 1099 but I am not completely sure on that.
     
  6. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    Gold.........Down $3.10 to $1189.90 as of 7:00 AM Eastern Standard time.
     
  7. fools_gold

    fools_gold Junior Member

    uhhh seriously, what the heck is going on with metals?
     
  8. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    Right now it seems more want to sell than buy. That can change at a moments notice, or some help from an outside source....
     
  9. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    Gold................Down 5.30 to $1178.80 as of 7:06 AM.
     
  10. krispy

    krispy krispy

    Hey! What did you guys do to the POG while I was away... LOL! ;)

    CURRENTLY:
    At the open in US markets...

    GOLD: $1,179.20
    Silver: $17.52

    Platinum: $1498
    Palladium: $439

     
  11. 1970 Silver Art

    1970 Silver Art Silver Art Bar Collector

    We were naked short selling gold and silver while you were away. How did we do?
     
  12. krispy

    krispy krispy

    I don't know if I should inquire further about your naked party sell off... :D

    CURRENTLY:

    GOLD: $1,183.60
    Silver: $17.62

    Platinum: $1509
    Palladium: $443
     
  13. fools_gold

    fools_gold Junior Member

    Looks like we are getting a slight rise today.....taking bets, now, will we break $1200?

    I say no......
     
  14. elaine 1970

    elaine 1970 material girl

    gold high - $1,194.70 an ounce.
     
  15. fools_gold

    fools_gold Junior Member

    I don't mind being wrong, I would love to see gold break $1200.....again....


    Anyone else having notification issues? I noticed if I don't log here every other day, then messages posted in this thread stop coming to me. I have to log in again and then I received any new posts....
     
  16. krispy

    krispy krispy

    CURRENTLY: In UK/EU markets...

    GOLD: $1,198.40
    Silver: $17.87

    Platinum: $1532
    Palladium: $455

    US markets open in just over an hour...

     
  17. fools_gold

    fools_gold Junior Member

    I think we break $1200 today. But it doesn't seem like it can hold, even if we are able to get back to the $1250'ish range....someone out there is making money on the dips....
     
  18. krispy

    krispy krispy

    CURRENTLY: After the US market opening...

    GOLD: $1,193.90
    Silver: $17.82

    Platinum: $1530
    Palladium: $457

     
  19. krispy

    krispy krispy

    CURRENTLY:

    GOLD: $1,185.80
    Silver: $17.64

    Platinum: $1515
    Palladium: $448

     
  20. krispy

    krispy krispy

    CURRENTLY: In UK/EU markets...

    GOLD: $1,189.30
    Silver: $17.84

    Platinum: $1525
    Palladium: $458



    US market opening in about 30 minutes...
     
  21. krispy

    krispy krispy

    CURRENTLY: After the US market opening...

    GOLD: $1,188.50
    Silver: $17.82

    Platinum: $1525
    Palladium: $457

     
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