jasong Posted March 16, 2020 Share Posted March 16, 2020 I think uncertainty regarding the solvency of our financial system and currency causes gold to go up. Uncertainty about wether or not a family has the cash on hand to buy the things they need while weathering out a storm probably causes cash to be king. My best guess anyways, what we are seeing now isn't like market pullbacks of past, thus the seemingly odd performance of gold. Link to comment Share on other sites More sharing options...
Andyy Posted March 16, 2020 Share Posted March 16, 2020 All I know is that all those little dinks that I have found, and get laughed at for going after in the first place ...... are GROWING in my gold box. ? 1 1 Link to comment Share on other sites More sharing options...
Steve Herschbach Posted April 9, 2020 Author Share Posted April 9, 2020 Back up to over US$1750 today. Gold hit an all-time high of $1,917.90 per ounce in August 2011. We are only $168 away from breaking that record. 4 Link to comment Share on other sites More sharing options...
GB_Amateur Posted April 9, 2020 Share Posted April 9, 2020 The gold to silver (price) ratio recently hit an all time high. 1 Link to comment Share on other sites More sharing options...
DolanDave Posted April 10, 2020 Share Posted April 10, 2020 1 Ounce US Mint $50 American Eagle Gold coins are all sold out everywhere I look. On ebay they are selling above $1800 an ounce, close to $1900. Link to comment Share on other sites More sharing options...
Steve Herschbach Posted April 10, 2020 Author Share Posted April 10, 2020 4 hours ago, kiwijw said: Even if it does break through that figure is it really an all time high? Yeah, it really is. That’s how all time high prices in dollars is measured. The buying power of the dollar is something else but does not change the fact that US$1920 an ounce would be a new record price in U.S. dollars. Link to comment Share on other sites More sharing options...
klunker Posted April 10, 2020 Share Posted April 10, 2020 Now is the time for major decisions. Do I hang on to my gold in hopes of higher prices or sell before the price drops. And if I did sell What would I do with an extra $9.35 Life is always full of tough choices. 2 3 Link to comment Share on other sites More sharing options...
Steve Herschbach Posted April 11, 2020 Author Share Posted April 11, 2020 Well don’t I feel silly now, going on about the price of gold as if it mattered at all to anyone. Thanks for setting me straight John. 4 Link to comment Share on other sites More sharing options...
Jim in Idaho Posted April 11, 2020 Share Posted April 11, 2020 Try going to the supermarket and buying anything with your stock market shares...LOL That argument is meaningless. Jim Link to comment Share on other sites More sharing options...
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