Posted on 01/25/2026 3:21:07 PM PST by Presbyterian Reporter
Gold is now officially above $5000. High thus far is $5028.40.
Silver continues above $100. High thus far is $106.58
“You are not in my league, “
Correct. I am not a shill for a lying scamming ex-con.
I don’t depend on clicks for my income.
I don’t make stupid predictions trying to call fools from the crowd.
“The gold is going to net me more than my annual income as long as I’m smart enough to sell it before any market corrections.”
You might be able to net sales but in most of the cases I’ve seen is only by the lack of sales for the buyer’s desires to be less than the worth of the inflation. You may be able to earn an annual amount if you originally bought a really large amount of gold. But while the advertisers are stressing retirement profits, your expectations in your post were those of an annual income. In a retirement situation, that may get you one to two years. So is it an investment or are you selling something like a car which only has value to the person that buys it again as they set the price for you to pay? You won’t cover your costs because they are profiting by it and that profit was paid for by you twice for the same gold.
wy69
“your expectations in your post were those of an annual income.”
Apparently, I wasn’t clear in my writing. My purchases of gold and silver were purely speculation with a pile of excess cash languishing in a 4% savings account. Interest wasn’t keeping up with inflation and gold usually does. It never had anything to do with my regular income. I’ll let the Fidelity experts handle that with tax deferred retirement funds. I was just lucky and when the correction comes, I will be walking away with a big bonus.
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