"Gold Spikes To Record High Over $2,130, Bitcoin Soars Above $40,000 As Market Calls Powell's Bluff"
https://www.cnbc.com/2023/12/04/gold-prices-set-for-new-highs-amid-economic-geopolitical-uncertainty.html
I wish I had gold rather than silver.
If YOU would like to be on a Gold & Silver PING LIST, please pm me.
The Gold & Silver Ping List covers the following:
Everything Gold & Silver
Stock market investments in mining companies,
etc.
Good, my 1oz 22ct gold bracelet and chains from Kuwait I got for $300 an oz back in the day is worth sumpthin, yay
I’ve observed a couple of things about gold-hecklers:
1) they tend to be people who don’t have any, and
2) they’re very childish (EX: “yeah, whaddya gonna do, take your gold coin into a store, take out yer pocket knife, slice off a sliver of gold, give it to the storekeeper, and leave with your bread and milk? A-haw-haw-haw!”)
On a percentage basis, the precious metals which have appreciated the most in the last 30 years are......lead, and brass. No joke. Look it up.
I hold some PMs, but what amazes me is the price some are willing to pay for vintage silver bars. Silver, not gold.
Here is a 1 oz bar that went for $1225.
https://mineralexchange.com/products/1-1oz-cripple-creek-colorado-western-gold-producers-inc-vintage-silver-bar?syclid=clml3jm5ji7s73fsrj00&utm_campaign=emailmarketing_154556989589&utm_medium=email&utm_source=shopify_email
You can buy 1 oz silver for $27-$30
Unusual “Smiths” bar, 3.15 oz went for $995.
3.15 oz silver is about $100.
https://mineralexchange.com/products/1-3-15oz-smiths-vintage-silver-bar?syclid=clml6ou5ji7s73ed2c6g&utm_campaign=emailmarketing_154556989589&utm_medium=email&utm_source=shopify_email
And yet here is an Englehard not-so-old, but older, and certainly one of the best known names in bullion and metals 100 gram gold bar that went for $6050, actually BELOW spot
https://mineralexchange.com/products/1-100g-engelhard-industries-vintage-gold-bar?syclid=clml47m5ji7s73b2f300&utm_campaign=emailmarketing_154556989589&utm_medium=email&utm_source=shopify_email
And this is flat out crazy, 10 oz gold, beautiful Englehard bar, for $18,200. Spot is $20600.
https://mineralexchange.com/products/1-10oz-engelhard-eagle-vintage-gold-bar?syclid=clml5k65ji7s73e9kcl0&utm_campaign=emailmarketing_154556989589&utm_medium=email&utm_source=shopify_email
(I have not included the buyer’s premium, which is non-trivial, in the above prices)
Gold never gets old.
O’Biden will order anyone with gold murdered. The government doesn’t like competition.
Agree on owning gold.
Disagree that Fed will cut rates.
I have just one question, how do you pay for your food?