Steve Herschbach Posted July 27, 2020 Share Posted July 27, 2020 Gold hit $1,944 per ounce earlier today, beating its previous record of $1,921 set in 2011. Will it crack the important $2000 psychological barrier? If so, the sky is the limit. 6 Link to comment Share on other sites More sharing options...
Coinboy Posted July 27, 2020 Share Posted July 27, 2020 6 minutes ago, Steve Herschbach said: Gold hit $1,944 per ounce earlier today, beating its previous record of $1,921 set in 2011. Will it crack the important $2000 psychological barrier? If so, the sky is the limit. It’s incredible how much gold is rising. I bought some silver, because that more in my price range as a 13 year old LOL. But I heard silver could cross 100$ an ounce 1 Link to comment Share on other sites More sharing options...
WesD Posted July 27, 2020 Share Posted July 27, 2020 Yup looks like the hard physical is already selling well over the $2000 mark Link to comment Share on other sites More sharing options...
Skull diver Posted July 27, 2020 Share Posted July 27, 2020 Well, I can't be happier than now? For the first time I have some modest weight and price is up...This time however I want to keep myself away from the shiver to sell it fastly...Just now going to cash in some 18k fresh fish @39.35Usd/g Link to comment Share on other sites More sharing options...
jasong Posted July 27, 2020 Share Posted July 27, 2020 Daaang, nice. Time for me to sell some nuggets to fund some more prospecting adventures this winter! Anyone looking to buy for spot or even slightly under at these prices? 1 Link to comment Share on other sites More sharing options...
Skull diver Posted July 27, 2020 Share Posted July 27, 2020 For the record, the new of this evening was that foundies are closing for summer stop and they don't buy gold in the next weeks ... Seems frankly like an excuse to prevent mass of people to sell in minutes. Then I sold a scarce third of what I own right now ... I'll keep it for better times ... 1 Link to comment Share on other sites More sharing options...
GB_Amateur Posted July 27, 2020 Share Posted July 27, 2020 2 hours ago, Skullgolddiver said: For the record, the new of this evening was that foundies are closing for summer stop and they don't buy gold in the next weeks ... Seems frankly like an excuse to prevent mass of people to sell in minutes. Not sure what a 'foundy' is, but presumably some kind of shop that buys precious metals (among other things). We have a lot of those (pawn shops, coin shops, jewelers, etc.), particularly when the price is high and everyone is talking about it. But I question your theory that someone wants to prevent the public from selling. When the price is high, that's when the public is buying! "Buy low, sell high" is the mantra of the experts. "Buy high, sell low?" That's the other guys. Well, somebody's got to do it.... 1 1 Link to comment Share on other sites More sharing options...
Hard Prospector Posted July 27, 2020 Share Posted July 27, 2020 Just makes me want to dig harder, drywasher dust never tasted so good....... 2 1 Link to comment Share on other sites More sharing options...
2Valen Posted July 28, 2020 Share Posted July 28, 2020 7 hours ago, Steve Herschbach said: Gold hit $1,944 per ounce earlier today Time for me to sell some of my coins, I paid a lot less than that 25 years ago. Glad to see the price going up right now and I will have to get rid of about 50 coins. Thanks for the information Steve! 2 Link to comment Share on other sites More sharing options...
klunker Posted July 28, 2020 Share Posted July 28, 2020 7 hours ago, Steve Herschbach said: Gold hit $1,944 per ounce earlier today, beating its previous record of $1,921 set in 2011. O.K. somebody has to be the adult in the room so I guess this time it has to be me. What did the best gold detector cost in 2011? what did a good beer cost in 2011? What did license and registration fees for my Jeep cost in 2011? What did bail to get Sourdough Scott out cost in 2011? What did my psychiatrist cost in 2011? I submit to you folks that gold was worth more @ $1921 in 2011 than @ $1940 today. However I'll take whatever gold price increase I can get and this time it looks like it could hold. 3 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now