Predictions for gold and silver prices?

Gold to the moon, that's all I'll say for now!

 

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And.... there shall be ex-jewelry love token quarter eagles for all lol! That's not a sarcastic remark, though, as I've gotten one for just under spot. Ones in that condition, including possible C or D gold coins, can go for right at that price. I hope people everywhere can find it in that condition.

 

$2,400 in overnight trading.

These century marks keep falling and NOBODY is talking about it.

I love it !!!

 

Monex Spot Silver $29.12 over night high
Monex Spot Gold$ 2,399.00 over night high

 

Silver is now $29.22 according to NGC. I have some big plans for today, and some of them include seeing if I can snag silver at less than melt at a flea market (mainly due to lack of updated prices) and if so, I'm going to a coin shop down south to sell it.

I could easily spend $200 today on some Pyromet Silver Cards.

(Prices were updated twice during the making of this post.)

 

I know it's really Crazy and moving.......... it's been fun to watch....... some people who sell....... don't keep up with market. I get lucky now and then and make a deal....... allot of trading going on Silver for gold that I see. I am headed to the Casino to get my money I left their last time.

 

I agree! I'm hoping that silver will retain its price because it seems like if I want to sell, it drops, but it rises when I want to buy. I do keep up with the market, though, so that's quite good. I hope you continue to do the same because those who don't keep up with the market will lose money while we gain.

 

Trying to get back on track from some health issues so a bit behind this but
did manage to pick up another pamp
1OZ bar.

 

These threads are always fun to follow. In 2017 I bought a 2017W 1 ounce Proof American Gold Eagle from the US Mint for $1,670. They are quite a bit more now.

 

welcome back.
mpcusa

 

We already know what zGOLD is doing
taking off like a rocket ! going to by a couple more once’s before weeks end

 

I got burned buying rolls of ASE’s and cull Morgans back in the early 70’s at $30.00 plus per Oz. It has taken twenty years to recover from that blunder. I would love to add to my gold but if it were to do a big correction like silver did, it would sure be a whole lot more painful.

 

What are your objective alternatives to acquiring U.S. Gold coins at a margin close to spot?

Paper Fiat, overpriced bars, real estate where local employees are revaluating at 30+% increases, bank CDs, Casinos, Take a vacation with a pleasurable companion?

How about locating/acquiring a one of several perfect Gold U.S. Proof coin today @ a base price less than spot+15%?

I know, too expensive!

 

I have to say bullish on gold and silver. World events, etc driving my outlook.

 

I'm still happily trading Fiat for PF/PR MS69-70 Gold, but supply has diminished!

 

too expensive unless you purchased last year.. I reckon..

 

Today 5/17/24 silver passed $31 and gold passed $2400.

 

I've only read the initial post (and yours). Back in September my brothers and I inherited a stackers dream of silver (and a decent amount of gold). We called a friend who was an investment broker as well as a precious metals guy and he said DO NOT SELL. $3000/oz gold was imminent. Considering the current hyperinflation, was probably good advice. Seems like he was right. Now I'll read the rest of the thread and your comments are appreciated.

 

Thanks....I do NOT think $3,000 gold is "imminent" and if it happened in a few months, I'd probably want to go SHORT.

I believe a slow-and-steady rise like we had in the 1970's before the 1979-80 bubble is best for all.

But no doubt, coins that trade off bullion will be much pricier.

 

I don't trade in precious metals commodity funds. I was only wondering about actual physical gold and silver. There was a pretty good premium for physical gold and silver until recently, now dealers seem to be spooked about not having a chair when the music stops. ??