I like your avatar dualstow. Kin Kura Pilsner (5%) beer. A intriguing logo of gold (roof) and integrated western KURA.dualstow wrote: ↑Wed Aug 16, 2023 9:21 pmI like the calculator posted by Chuck
https://www.calculateme.com/precious-metals/gold/value/
The GOLD scream room
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Re: The GOLD scream room
- dualstow
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Re: The GOLD scream room
thank you!
Yours is pretty swanky as well and also on topic.The Britannias are beautiful coins.
Yours is pretty swanky as well and also on topic.The Britannias are beautiful coins.
Re: The GOLD scream room
Well, we are happy with the pet rock
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Aussie GoldSmithPP - 25% PMGOLD, 75% VDCO
- dualstow
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Re: The GOLD scream room
Re: The GOLD scream room
Agree, I could sell some of the gold to fund a Social Security substitute from retirement to age 70. I retire in 32 months, will take Social Security at 70. Let's hope it's broken out to the upside in 32 months.
- mathjak107
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Re: The GOLD scream room
actually over most time frames equities and gold has beaten equities and bonds for more than 2 decades …if anything i wouldn’t single gold out for spending .
kind of crazy that bonds which pays interest have not kept up with equities and gold as far as a balanced portfolio goes
kind of crazy that bonds which pays interest have not kept up with equities and gold as far as a balanced portfolio goes
- dualstow
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Re: The GOLD scream room
Many people know about the seizure of U.S. citizens’ gold in the 1930’s, but do you know how much the cash compensation was?
- vnatale
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Re: The GOLD scream room
I think I may have read about it a few times. But I'm guessing it was not much.
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: The GOLD scream room
It was definitely full value, as defined by the definition of the dollar in terms of gold. $28/oz? $35/oz? Something like that.
- dualstow
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Re: The GOLD scream room
Like $20 and change. 20.67? That was the rate at the time.
Well, according to chatGPT
// I guess I was typing at the same time as you, Xan
Well, according to chatGPT
// I guess I was typing at the same time as you, Xan
- vnatale
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Re: The GOLD scream room
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: The GOLD scream room
Yeah it was a sly move on the part of the Big G.
Buy everyone's gold at $20.67 then immediately revalue gold up (and the dollar down) to $35/oz.
Buy everyone's gold at $20.67 then immediately revalue gold up (and the dollar down) to $35/oz.
MB
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Ruby on Rails rules all
www.allterraininvesting.com
- vnatale
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Re: The GOLD scream room
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
- dualstow
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Re: The GOLD scream room
As I write, both the gold futures (CNBC) and the spot price (bid, actually) (AJPM) read US$2040/oz
- vnatale
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Re: The GOLD scream room
I just noticed that this topic has had over 1.3 million views! That is a lot considered how many active participants are here.
Is there anywhere available the top ten topics with the most views? I'm sure the Covid one would be in there.
Dualstow, fine for you to move this into its own topic but then it seems like it'd lose its context?
Is there anywhere available the top ten topics with the most views? I'm sure the Covid one would be in there.
Dualstow, fine for you to move this into its own topic but then it seems like it'd lose its context?
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
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Re: The GOLD scream room
https://money.com/is-it-a-good-time-to- ... aily_money
INVESTING
GOLD
Is It a Good Time to Buy Gold?
By: Jordan Chussler
Editor: Marcela Otero Costa
Published: Nov 20, 202310 min read
INVESTING
GOLD
Is It a Good Time to Buy Gold?
By: Jordan Chussler
Editor: Marcela Otero Costa
Published: Nov 20, 202310 min read
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats." AND "I'm a more-is-more person."
Re: The GOLD scream room
For PP it was a good time to sell gold :-)vnatale wrote: ↑Thu Nov 30, 2023 9:28 am https://money.com/is-it-a-good-time-to- ... aily_money
INVESTING
GOLD
Is It a Good Time to Buy Gold?
By: Jordan Chussler
Editor: Marcela Otero Costa
Published: Nov 20, 202310 min read
- dualstow
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Re: The GOLD scream room
Indeed.
2070
2070
Re: The GOLD scream room
How high does it go (by end of year) after breaking through $2,050 resistance?
The journey of a thousand miles begins with a single step. -Lao Tzu
- dualstow
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Re: The GOLD scream room
— Harry Dempsey, Financial TimesChinese investors and households have been buying gold as a refuge from property and stock market mayhem, helping support record prices for the haven asset.
Re: The GOLD scream room
I've recently taken to purchasing gold bars/coins that are encased in protective plastic. I get a little nervous at the idea of purchasing naked gold that could get shellacked at any moment.
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com
Re: The GOLD scream room
The couple stores I go to both are gracious enough to let me see Sigma Metalytics test results before I walk out the door.
MB
Ruby on Rails rules all
www.allterraininvesting.com
Ruby on Rails rules all
www.allterraininvesting.com