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Re: The GOLD scream room

Posted: Tue Mar 24, 2020 5:41 pm
by dualstow
whew

Re: The GOLD scream room

Posted: Tue Mar 24, 2020 5:47 pm
by Libertarian666
There's almost $150 bid/ask spread on Kitco's gold pool.
Normal is $1.

Re: The GOLD scream room

Posted: Tue Mar 24, 2020 5:48 pm
by Libertarian666
dualstow wrote: Tue Mar 24, 2020 5:41 pmwhew
It wasn't that much money but I still didn't want to have to explain it to my wife. :)

Re: The GOLD scream room

Posted: Tue Mar 24, 2020 5:52 pm
by dualstow
Mine always asks, “Are we...doing ok?” “Yes, Dear. We’re fine.”
End of financial conversation. O0

Re: The GOLD scream room

Posted: Tue Mar 24, 2020 6:06 pm
by ppnewbie
Gold up from below 1500 to 1680 to 1630. Crazy.

Re: The GOLD scream room

Posted: Tue Mar 24, 2020 6:41 pm
by Ad Orientem
ppnewbie wrote: Tue Mar 24, 2020 6:06 pm Gold up from below 1500 to 1680 to 1630. Crazy.

Now at 1688. That was a bad year.

Eh. Maybe I'm too superstitious.

Re: The GOLD scream room

Posted: Tue Mar 24, 2020 6:45 pm
by Kriegsspiel
Poor lil Kitco, looks like their site crashed.

Re: The GOLD scream room

Posted: Tue Mar 24, 2020 6:53 pm
by dualstow
Kriegsspiel wrote: Tue Mar 24, 2020 6:45 pm Poor lil Kitco, looks like their site crashed.
Looks ok

Re: The GOLD scream room

Posted: Mon Apr 06, 2020 7:04 pm
by pmward
Gold futures are now up over $1730 for a new cycle high.

Re: The GOLD scream room

Posted: Mon Apr 06, 2020 9:51 pm
by Cortopassi
On what site? The numbers are completely inconsistent!

Re: The GOLD scream room

Posted: Mon Apr 06, 2020 9:55 pm
by pmward
Cortopassi wrote: Mon Apr 06, 2020 9:51 pm 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.

Re: The GOLD scream room

Posted: Mon Apr 13, 2020 12:44 pm
by Libertarian666
Today was a new 7.5 year high at 1719.

Re: The GOLD scream room

Posted: Mon Apr 13, 2020 9:48 pm
by 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.

Re: The GOLD scream room

Posted: Tue Apr 14, 2020 8:59 am
by 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.

Re: The GOLD scream room

Posted: Tue Apr 14, 2020 9:47 am
by Smith1776
Gold spot is $1784 as of this moment. Wow.

Re: The GOLD scream room

Posted: Tue Apr 14, 2020 10:42 am
by Libertarian666
Smith1776 wrote: Tue Apr 14, 2020 9:47 am Gold spot is $1784 as of this moment. Wow.
I haven't seen that high a print. Where did you see it?

Re: The GOLD scream room

Posted: Tue Apr 14, 2020 11:14 am
by ppnewbie
Yikes! $1755 on Apmex

Re: The GOLD scream room

Posted: Tue Apr 14, 2020 11:30 am
by dualstow
ppnewbie wrote: Tue Apr 14, 2020 11:14 am Yikes! $1755 on Apmex
Plus over $100 spread, booooo

Re: The GOLD scream room

Posted: Tue Apr 14, 2020 4:32 pm
by Ad Orientem
Physical metal is still way too pricey. IAU will have to do for now.

Re: The GOLD scream room

Posted: Wed Apr 15, 2020 7:12 am
by Smith1776
Libertarian666 wrote: Tue Apr 14, 2020 10:42 am
Smith1776 wrote: Tue Apr 14, 2020 9:47 am 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.



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Re: The GOLD scream room

Posted: Tue Apr 21, 2020 12:41 pm
by 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

Re: The GOLD scream room

Posted: Tue Apr 21, 2020 1:05 pm
by dualstow
Ad Orientem wrote: Tue Apr 21, 2020 12:41 pm 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.

Re: The GOLD scream room

Posted: Tue Apr 21, 2020 2:46 pm
by Libertarian666
dualstow wrote: Tue Apr 21, 2020 1:05 pm
Ad Orientem wrote: Tue Apr 21, 2020 12:41 pm 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!

Re: The GOLD scream room

Posted: Tue Apr 21, 2020 2:50 pm
by ochotona
Ad Orientem wrote: Tue Apr 21, 2020 12:41 pm 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.

Re: The GOLD scream room

Posted: Thu Jul 02, 2020 8:13 am
by 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.

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