jrbeatty Posted February 2, 2020 Author Share Posted February 2, 2020 On 1/31/2020 at 3:08 AM, KD0CAC said: Why the term record high ? It's about $400 under the record . But I am going to go look for more 😉 Record high in $AU. Good Hunting.  Link to comment Share on other sites More sharing options...
jrbeatty Posted February 21, 2020 Author Share Posted February 21, 2020 New record again. Nothing like a weak $AU. Woo Hoo! Chug a lug!!!  :) 1 Link to comment Share on other sites More sharing options...
KD0CAC Posted February 21, 2020 Share Posted February 21, 2020 The U.S. dollar is the benchmark pricing mechanism for the yellow metal . The record high was about $1895 , some yrs. ago . So still not a record high ? 1 Link to comment Share on other sites More sharing options...
jrbeatty Posted February 21, 2020 Author Share Posted February 21, 2020 Here in Australia we get paid for gold in $AU, so a record high for us.  2 Link to comment Share on other sites More sharing options...
Redneck Posted February 22, 2020 Share Posted February 22, 2020 Gold is rock and rolling , $1648 in the USA. Keep an eye on silver. Way undervalued at $18.50 an Oz. It should start moving up faster soon. I'm still looking for $3000 an oz gold in a year or two. $100. silver 1 Link to comment Share on other sites More sharing options...
klunker Posted February 23, 2020 Share Posted February 23, 2020 22 hours ago, Redneck said: I'm still looking for $3000 an oz gold in a year or two.  Be careful of what you wish for. If gold went to $3000 I would be out full time nugget hunting and I wouldn't have the time to contribute my insights and wisdom to this forum. 1 Link to comment Share on other sites More sharing options...
Steve Herschbach Posted February 23, 2020 Share Posted February 23, 2020 If gold hits $3000 everything with a hint of possibility gets claimed up, no open ground left. Zillions of newbies would flood the hills. Issues would develop leading to more rules and regulations. Indeed, be careful what you wish for. On the other hand my ground in Alaska would probably put lots more money in my pocket, so go gold! 1 Link to comment Share on other sites More sharing options...
araratgold Posted February 24, 2020 Share Posted February 24, 2020 Just passed AUD $81 per gram, a new record in AUD ! Go you good thing ! 2 Link to comment Share on other sites More sharing options...
Norvic Posted February 24, 2020 Share Posted February 24, 2020 1 hour ago, araratgold said: Just passed AUD $81 per gram, a new record in AUD ! Go you good thing ! Good thing all right, I got excited last century when it hit $10 a gram, dunno whether I remember correctly but gold come out of "moth balls" at about $5 a gram, something about it being "set free" from the $. Bought my latest 4WD with a 1.5kg smelt could've got two of em if I waited for today. 4 Link to comment Share on other sites More sharing options...
Redneck Posted February 25, 2020 Share Posted February 25, 2020 The leading factor driving the gold price is the money printing by so many countries, including the US. Of course the virus thing , and other problems are a contributing factor to the gold move, as well. If gold hits 3000 and silver 100, I'm cashing my stock and metals investments and riding off into retirement. Then I will become a fulltime detector prospector forum troll!🤣 1 Link to comment Share on other sites More sharing options...
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