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<p>[QUOTE="The Half Dime, post: 25303880, member: 153164"]Okay, so I have quite a story to tell.</p><p><br /></p><p>With gold at over $2,300 an ounce, I am planning to sell a quarter eagle of mine that I got a couple of weeks ago for $250. A $50 gold eagle is over $2,400, and that sounds quite cheap right now. I started collecting in November of 2022, and I remember that, near Christmas, $1,880 for one of these $50 pieces was like a record price, and it was <b>way </b>over the limit. Now, I would pray to have that price. This goes with silver, too. You likely pay roughly $2 for a dime, $5 for a quarter, and $10 for a half, but now these coins have actually become worth that in silver. A small dealer markup like mine would actually be a small markup as of right now, and while I wouldn't pay $9.50 over a month ago, I now dream of it.</p><p><br /></p><p>However, as buyers, we basically need to be meteorologists of bullion prices, predicting every little step. I'm hoping to sell some gold and silver in the next few days, but I want to share my prediction with you.</p><p><br /></p><p>I think that while gold prices are going up and down around $2250-$2400, I believe that it will soon drop dramatically. The same goes for silver, too, as prices for it had been about $22 an ounce roughly 3 weeks ago. </p><p><br /></p><p>What do you believe will happen? Should we be buying before it goes up more, or selling while it's high?[/QUOTE]</p><p><br /></p>
[QUOTE="The Half Dime, post: 25303880, member: 153164"]Okay, so I have quite a story to tell. With gold at over $2,300 an ounce, I am planning to sell a quarter eagle of mine that I got a couple of weeks ago for $250. A $50 gold eagle is over $2,400, and that sounds quite cheap right now. I started collecting in November of 2022, and I remember that, near Christmas, $1,880 for one of these $50 pieces was like a record price, and it was [B]way [/B]over the limit. Now, I would pray to have that price. This goes with silver, too. You likely pay roughly $2 for a dime, $5 for a quarter, and $10 for a half, but now these coins have actually become worth that in silver. A small dealer markup like mine would actually be a small markup as of right now, and while I wouldn't pay $9.50 over a month ago, I now dream of it. However, as buyers, we basically need to be meteorologists of bullion prices, predicting every little step. I'm hoping to sell some gold and silver in the next few days, but I want to share my prediction with you. I think that while gold prices are going up and down around $2250-$2400, I believe that it will soon drop dramatically. The same goes for silver, too, as prices for it had been about $22 an ounce roughly 3 weeks ago. What do you believe will happen? Should we be buying before it goes up more, or selling while it's high?[/QUOTE]
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Predictions for gold and silver prices?
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