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Who’s buying Gold?
Posted: Tue Mar 09, 2021 2:31 am
by ppnewbie
Who’s brave enough to pile in now that gold is tumbling?
Re: Who’s buying Gold?
Posted: Tue Mar 09, 2021 3:03 am
by Vil
ppnewbie wrote: ↑Tue Mar 09, 2021 2:31 am
Who’s brave enough to pile in now that gold is tumbling?
Bought paper 2 weeks ago think will do again. Considering some more physical as the spread is good now (3.5%) from where I buy
Re: Who’s buying Gold?
Posted: Tue Mar 09, 2021 7:49 am
by buddtholomew
Golds up 1.71% to 1712 this morning.
Re: Who’s buying Gold?
Posted: Tue Mar 09, 2021 8:45 am
by whatchamacallit
It is my lagging asset so I would be buying on ira contributions.
Re: Who’s buying Gold?
Posted: Tue Mar 09, 2021 7:59 pm
by SomeDude
I've bought 2 oz in the last month....buying another this weekend. The only way i wont is if silver crashes in the next few days.
Re: Who’s buying Gold?
Posted: Wed Mar 10, 2021 2:20 am
by ppnewbie
Bought some about 10 days ago. I think I’ll buy a maple leaf tomorrow.
Re: Who’s buying Gold?
Posted: Thu Mar 11, 2021 9:37 am
by I Shrugged
ppnewbie wrote: ↑Tue Mar 09, 2021 2:31 am
Who’s brave enough to pile in now that gold is tumbling?
Heck it should be easy at this price.
Re: Who’s buying Gold?
Posted: Thu Mar 11, 2021 9:40 am
by buddtholomew
I’m the resident pessimist on Gold and it’s not tumbling at all...
Re: Who’s buying Gold?
Posted: Fri Mar 12, 2021 4:40 am
by mathjak107
buddtholomew wrote: ↑Thu Mar 11, 2021 9:40 am
I’m the resident pessimist on Gold and it’s not tumbling at all...
My gold and tlt are down pretty much the same ..down 7.34% for Tlt , 5.84 for gold which is better than the ytd which has both down about 11-12% , today has both in a nasty fall in the premarket ..
Both are in a bear market off the august highs down about 20%, so yeah they both did tumble ....you can’t say Tlt tumbled without saying gold tumbled , they have been joined at the hip more often then not
Re: Who’s buying Gold?
Posted: Fri Mar 12, 2021 4:54 am
by Vil
I am heretic and rebalancing gradually by selling stocka and buying gold gradually.. even though havent reached bands.. will I spend eternity in hell for that..? But there is one more round I will do this and thats it.. then I will sit on my hands...
PS. Hm first time I wrote 'stocka', but will leave it like this.. sounds like West coast gangsta version of stocks
Re: Who’s buying Gold?
Posted: Fri Mar 12, 2021 7:28 am
by dualstow
Vil wrote: ↑Fri Mar 12, 2021 4:54 am
PS. Hm first time I wrote 'stocka', but will leave it like this.. sounds like West coast gangsta version of stocks
Sounds like an Eastern European bloc enforcement agency, a counterpart to the American SEC
Re: Who’s buying Gold?
Posted: Fri Mar 12, 2021 5:26 pm
by buddtholomew
mathjak107 wrote: ↑Fri Mar 12, 2021 4:40 am
buddtholomew wrote: ↑Thu Mar 11, 2021 9:40 am
I’m the resident pessimist on Gold and it’s not tumbling at all...
My gold and tlt are down pretty much the same ..down 7.34% for Tlt , 5.84 for gold which is better than the ytd which has both down about 11-12% , today has both in a nasty fall in the premarket ..
Both are in a bear market off the august highs down about 20%, so yeah they both did tumble ....you can’t say Tlt tumbled without saying gold tumbled , they have been joined at the hip more often then not
I’ve lived through some drawdowns in Gold but don’t recall experiencing such a pull-back in LTT’s.
Re: Who’s buying Gold?
Posted: Sat Mar 13, 2021 7:46 pm
by Kriegsspiel
Re: Who’s buying Gold?
Posted: Wed Mar 24, 2021 10:32 am
by williamramirez
I buy
this gold consistently twice a year. It's the best investment these days. And if assets are falling now, it means that next year the price of gold will be 10-20% higher than the current price.
Re: Who’s buying Gold?
Posted: Wed Mar 24, 2021 6:13 pm
by SomeDude
williamramirez wrote: ↑Wed Mar 24, 2021 10:32 am
I buy gold consistently twice a year. It's the best investment these days. And if assets are falling now, it means that next year the price of gold will be 10-20% higher than the current price.
Boom WR. I like the way you're thinking.
I just bought 5 one oz random coins from jmbullion.
Re: Who’s buying Gold?
Posted: Thu Mar 25, 2021 1:51 pm
by dualstow
I would love to buy more gold this spring. It’s like $90 over spot (5.4%) to $200 over spot, which hurts. If it were closer to spot I’d already have it in my hands. Still hesitating.
Re: Who’s buying Gold?
Posted: Fri Mar 26, 2021 1:31 am
by ppnewbie
I’m buying - I can get maple leafs for 99 over spot and I’m buying a few silver Britannia’s
