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Gold Hitting Record Highs


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Nothing like the fear of a decent global pandemic to push gold along. Hope I'm not too dead to cash in  :)

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OK, I`ll accommodate you both, each send all your gold to me and I`ll hold it in a Croak Free Trust, sending it onto the survivor.

Heh it is AOK, tis the least a mate can do...…………...

Shares & Oil down,  interest rates???? gold to hit $2000US ?????? Perhaps we are being a wee too pragmatic...……..

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5 hours ago, phrunt said:

I have a plan, send me all your gold that way if you do die your gold will be in safe hands 🙂

DON'T DO IT, I THINK IT IS A TRICK!

Send it to me and I will put it somewhere safe for you.😉

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 The increase in the gold price is wonderful. Looks like my losses will be less this year.

7 hours ago, 2Valen said:

Send it to me and I will put it somewhere safe for you

My gold is on it's way. Please return the magnifying glass and the pin head.

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13 hours ago, klunker said:

Please return the magnifying glass and the pin head.

No problems I will use my microscope to find it, and have your magnifying glass back to you the same day.

 

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The main driver for the rising gold price is the Debt load all the countries are carrying. Every country is printing money like crazy, causing their own currency to become worth less. The virus scare , rumors of wars , etc also play a part in why people are accumulating more gold and silver. Gold  broke above $1350 an oz  last summer, which had been the high for the last 6 years, and the bull market has begun.  

I'm expecting gold hits close to $3000 an oz, in a year or two.  Maybe it goes higher, who knows. But if u are looking to sell, hang on for a while, for a better price.

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Why the term record high ?

It's about $400 under the record .

But I am going to go look for more 😉

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