The GOLD scream room

[dualstow]

whew

[Libertarian666]

There's almost $150 bid/ask spread on Kitco's gold pool.
Normal is $1.

[Libertarian666]

whew

It wasn't that much money but I still didn't want to have to explain it to my wife.

[dualstow]

Mine always asks, “Are we...doing ok?” “Yes, Dear. We’re fine.”
End of financial conversation.

[ppnewbie]

Gold up from below 1500 to 1680 to 1630. Crazy.

[Ad Orientem]

Gold up from below 1500 to 1680 to 1630. Crazy.

Now at 1688. That was a bad year.

Eh. Maybe I'm too superstitious.

[Kriegsspiel]

Poor lil Kitco, looks like their site crashed.

[dualstow]

Poor lil Kitco, looks like their site crashed.

Looks ok

[pmward]

Gold futures are now up over $1730 for a new cycle high.

[Cortopassi]

On what site? The numbers are completely inconsistent!

[pmward]

On what site? The numbers are completely inconsistent!

Gold futures contract (GC1!) on TradingView. Looks like it pulled back a bit to $1710, but still over that psychological $1700 barrier.

[Libertarian666]

Today was a new 7.5 year high at 1719.

[ochotona]

My HSA was "stuck" at a certain level for a long time, I haven't been able to contribute for a long time due to lack of eligible health insurance. I just noticed it was up to 1.4x where it was stuck at, because the miners exploded. Newmont Goldcorp has been on a great run, in earliest 2020 I acquired Metalla and that just popped, I also have Franco Nevada and Wheaton Precious Metals (all of them except Newmont are royalty & streaming companies). And gold above $1700. Great stuff.

I got my ideas from Lyn Alden.

[dualstow]

I can get rid of my last bit of IAU today, yay!
(I don’t know exactly what it will look like on tax forms, Sophie, but it feels like breakeven).
The *lowest* per-ounce quote I can find right now is US $1730, wow.
Still stuck with some PHYS.

[Smith1776]

Gold spot is $1784 as of this moment. Wow.

[Libertarian666]

Gold spot is $1784 as of this moment. Wow.

I haven't seen that high a print. Where did you see it?

[ppnewbie]

Yikes! $1755 on Apmex

[dualstow]

Yikes! $1755 on Apmex

Plus over $100 spread, booooo

[Ad Orientem]

Physical metal is still way too pricey. IAU will have to do for now.

[Smith1776]

Gold spot is $1784 as of this moment. Wow.

I haven't seen that high a print. Where did you see it?

Looks like I caught it on one of those brief spikes on the chart. Talk about timing.

gold price.png (108.95 KiB) Viewed 6687 times

[Ad Orientem]

Bank of America... "The Fed can't print gold"

BofA says gold is going to $3000/oz.
https://www.bloombergquint.com/business ... print-gold

[dualstow]

Bank of America... "The Fed can't print gold"

BofA says gold is going to $3000/oz.
https://www.bloombergquint.com/business ... print-gold

If it does, I'm picturing Tech and Mrs Tech popping the champagne.

[Libertarian666]

Bank of America... "The Fed can't print gold"

BofA says gold is going to $3000/oz.
https://www.bloombergquint.com/business ... print-gold

If it does, I'm picturing Tech and Mrs Tech popping the champagne.

Yes, that would be nice. Perhaps we should take a picture of our celebratory toast!

[ochotona]

Bank of America... "The Fed can't print gold"

BofA says gold is going to $3000/oz.
https://www.bloombergquint.com/business ... print-gold

Awesome. That would bring me to the 25% gold allocation. Past it, really.

[Cortopassi]

Amazing, almost 2.5 months since the last post in the gold scream room!

I figured I'd post this, because I don't see or hear anything about gold lately. At all.