Posted on 08/23/2024 5:19:50 PM PDT by CFW
Would not be surprised at $2.8K oz. or more by years end. I now await the onslaught.
Be careful of the gold ETFs like GLD. They may be scams. Better to buy gold mining stocks like NEM.
Hopefully $3000 by the end of the year.
And silver is outperforming gold.
Be careful of the gold ETFs like GLD. They may be scams. Better to buy gold mining stocks like NEM.
Agree on the ETFs. Research carefully before you buy. NEM has been doing great! As has AEM, AGI, GOLD, and WPM. Some of our gold stocks are up 50% or more from the time we first started purchasing them a couple of years ago.
i have way too much physical silver on hand. Takes up a ton of room. If it ever skyrockets I’m gonna be RICH I tell ya! RICH!
Do like Hillary—Buy cattle futures-—sure winner with certain brokers.
I’d prefer silver to gold. It’s what the founding fathers had intended for us.
“i have way too much physical silver on hand. Takes up a ton of room. If it ever skyrockets I’m gonna be RICH I tell ya! RICH!”
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Lots of talk the last few days about a new battery that will cause silver to soar. I own some WPM and PAAS.
This one might skyrocket. https://sdbullion.com/2024-1-oz-president-donald-trump-silver-presidential-medal I just bought one recently.
Blmk
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Sure…gold….meanwhile, tech stocks…. Nvidia up 161% YTD, Apple up 18.3%, Microsoft 11.4%, Goog 17.6%, Meta 49.4%. I’ll take a basket of those five stocks over gold.
I’d like to see what happens between now and October in the stock market...
“Bank of America strategist Michael Hartnett advises buying gold amid record-high prices.”
right, buy high, sell low ... oh, wait ....
“Bank of America” strategist....
Hmm.
“Bank of America” strategist....
Hmm.
More likely if you get rich from Gold, it is probably more likely because of inflation and the value of the dollar dropping. So if you get rich from Gold you will need all that extra money to buy the same stuff as before you bought your gold.
I’ll take a basket of those five stocks over gold.
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To bad they are denominated in an ever decreasing unit- the USD is losing value every day. It has lost 90 percent plus purchasing power since its inception, and Gold has increased 100 fold.
Gold 1920’s, $25….Gold 2024, $2500. Gold has not gone up, the Dollar has gone down. It takes more dollars to buy an ounce of Gold. A hard concept for Joe six pack to realize.
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