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why is gold and silver on a streak
#8963637
11/29/23 01:31 AM
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Joined: Dec 2011
Posts: 1,748
fredeboy
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Just curious of any ones thoughts
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8963639
11/29/23 01:34 AM
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Joined: Jul 2007
Posts: 35,134
Brother in-law
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8963642
11/29/23 01:39 AM
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Joined: Jun 2015
Posts: 18,747
Roll-Tide
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Because the guy with blue glasses has been telling us on commercials
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Re: why is gold and silver on a streak
[Re: Brother in-law]
#8963644
11/29/23 01:45 AM
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Joined: Dec 2011
Posts: 1,748
fredeboy
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Re: why is gold and silver on a streak
[Re: Roll-Tide]
#8963645
11/29/23 01:47 AM
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Joined: Nov 2005
Posts: 10,638
Greg
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Because the guy with blue glasses has been telling us on commercials Are you safe?
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8963653
11/29/23 01:57 AM
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Joined: Jun 2006
Posts: 8,341
Dave Davidson
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Coinflation has melt values for coins 90% Silver coins currently about 17 times face value.
Last edited by Dave Davidson; 11/29/23 01:58 AM.
Without a sense of urgency, nothing ever happens.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8963657
11/29/23 02:03 AM
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Joined: Apr 2007
Posts: 9,160
10pointers
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Let it keep riding up. Can't explain it no more than why Gas prices are down right now??? It seems like any issues in the middle east and gas prices rocket for some reason the war going on over there has not impact this time. Let the precious metals go up and the gas go down. Win Win for me
Signature images may not be larger than 600 pixels wide by 125 pixels tall. That smile says it all [North Dakota -16degrees
"Things may come to those who wait, but only those things left by those who hustle." - Abraham Lincoln
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8963706
11/29/23 03:50 AM
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Joined: Aug 2005
Posts: 20,953
Sniper John
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Because of a falling dollar, greater chance of fed rate cuts, and falling treasury yields.
That is all I remember. News articles that include why it is up recently have been showing on my brokerage investment news feed.
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8963720
11/29/23 06:16 AM
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Joined: Sep 2004
Posts: 12,423
RedRanger
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It been on rise for the last 7 years
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8963722
11/29/23 07:37 AM
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Joined: Mar 2010
Posts: 12,233
ntxtrapper
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8963733
11/29/23 11:11 AM
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Joined: Sep 2008
Posts: 3,775
P_102
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Interesting comparing Trump years to Biden years.
Do not trifle in the affairs of dragons, for thou art crunchy and taste good with ketchup.
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8963783
11/29/23 01:29 PM
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Joined: Mar 2013
Posts: 5,040
jetdad
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Precious metals are a safe haven in troubled times.
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8963938
11/29/23 05:17 PM
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Joined: Jan 2007
Posts: 15,511
reeltexan
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Because our wise leaders printed off EIGHT TRILLION dollars for a virus, making the dollars we own worth less.
When your dollars are devalued everything you buy costs more.
"If we ever forget that we are One Nation Under God, then we will be a nation gone under." Ronald Reagan
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Re: why is gold and silver on a streak
[Re: Dave Davidson]
#8963972
11/29/23 06:25 PM
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Joined: Jan 2007
Posts: 1,805
MO
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Coinflation has melt values for coins 90% Silver coins currently about 17 times face value. $ten dollar roll of quarters $198.00 today on Apmex. I was a buyer a few years back when spot was between 14-17$, Lately I have been a seller. MO
MY BACKYARD , 20,000 ACRES , NO MOWING
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8964104
11/29/23 09:35 PM
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Joined: Jun 2006
Posts: 8,341
Dave Davidson
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Curious about value of scarce silver coins. I became a coin collector over 60 years ago. Lots of blue Whitman folders. I’m now 80 yoa. When the word got out that clad coins would take the place of 90% silver, I started going to banks and getting rolls of quarters and dimes. I broke them open, looked for scarce dates, pulled the silver ones and went back for more rolls. I have a LOT of silver dime and quarter rolls in my gun safe. Undoubtably, some of them, my duplicates, have numismatic(collectible) values. I expect collectible coins are all over the map now.
Conundrum: Don’t need those rolls but not hurting for money. If I sold, wife would head to Winstar.
Without a sense of urgency, nothing ever happens.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8964128
11/29/23 10:02 PM
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Joined: Sep 2009
Posts: 4,579
Gumbeaux
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The price of grills is getting out of control to the point that your average rapper or street thug can't even afford one anymore.
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8964190
11/29/23 11:20 PM
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Joined: Jan 2012
Posts: 2,248
DeRico
Mobius 1
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Mobius 1
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Posts: 2,248 |
Shhhh!!
I just started my collection, hoping to have a nice collection of PF70 UC’s and a nice log or two of eagles by the end of next year.
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8964219
11/30/23 12:03 AM
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Joined: Oct 2008
Posts: 15,190
Tbar
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I read something from on the Schwab Market Minute this morning that said Gold's Surge Suggests an Everything-Rally is Brewing. Stocks up Bonds up Cryptos up Gold is up etc The fun and very tricky thing about a breakout in gold is that it might be happening for two almost polar opposite reasons. That’s because gold throughout this cycle has demonstrated a sort of U-shaped utility curve when plotted as a function of economic uncertainty. It does well when liquidity’s flooding into the system, doesn’t do very well when things are just fine or average, and then starts to outperform again when things get messy. Gold surged alongside everything else when the Covid rescue stimulus hit in spring 2020, lost its groove as things normalized, had a big but fleeting bounce as the stock market peaked in early 2022, and had another brief bout of bullishness when regional banks crashed earlier this year. Put another way, gold shines during “Everything” rallies, and “Nothing” rallies alike. The catch for gold bugs is that its strength during those risk-averse "nothing" moments often turns out to be a bull trap. I don't understand all the reasoning but there it is.
Make America Great Again
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Re: why is gold and silver on a streak
[Re: Gumbeaux]
#8964386
11/30/23 04:20 AM
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Joined: Jan 2012
Posts: 8,152
Homer Jay
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The price of grills is getting out of control to the point that your average rapper or street thug can't even afford one anymore. What about vampires and werewolves? Will the cost of silver price amateur hunters like me out of the sport?
"Like a slice of fried gold!"
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Re: why is gold and silver on a streak
[Re: Homer Jay]
#8964398
11/30/23 04:57 AM
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Joined: Mar 2010
Posts: 12,233
ntxtrapper
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The price of grills is getting out of control to the point that your average rapper or street thug can't even afford one anymore. What about vampires and werewolves? Will the cost of silver price amateur hunters like me out of the sport? https://www.jmbullion.com/1-oz-silver-bullet-new/
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Re: why is gold and silver on a streak
[Re: Homer Jay]
#8964438
11/30/23 12:37 PM
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Joined: Sep 2009
Posts: 2,919
maximum
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. . .What about vampires and werewolves? Will the cost of silver price amateur hunters like me out of the sport?. .
Check into getting some bullets electroplated with silver. As far as I know, it just has to be some silver, and I don't think the "rules" regarding harvesting supernatural entities require solid silver projectiles. Might also be worth your time to come up with some supersoaker type device full of holy water as a backup, similar to having a backup rifle on a dangerous game safari. Good Luck
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Re: why is gold and silver on a streak
[Re: maximum]
#8964481
11/30/23 01:35 PM
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Joined: Jan 2007
Posts: 26,199
KRoyal
Texoma Legend
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Texoma Legend
Joined: Jan 2007
Posts: 26,199 |
. . .What about vampires and werewolves? Will the cost of silver price amateur hunters like me out of the sport?. .
Check into getting some bullets electroplated with silver. As far as I know, it just has to be some silver, and I don't think the "rules" regarding harvesting supernatural entities require solid silver projectiles. Might also be worth your time to come up with some supersoaker type device full of holy water as a backup, similar to having a backup rifle on a dangerous game safari. Good Luck This is what you’re looking for, got these from forum member George (sonofablitch). I got 75 of them so should be able to make about 150 shot shells if the we ever get over ran by the super natural.
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8964691
11/30/23 05:41 PM
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Joined: Dec 2011
Posts: 1,062
coachwhite34
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I have quiet a bit of silver and gold bouillon. Just part of my diversification. I hope it keeps going up.
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Re: why is gold and silver on a streak
[Re: fredeboy]
#8965900
12/02/23 12:22 PM
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Joined: Oct 2008
Posts: 15,190
Tbar
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Make America Great Again
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Re: why is gold and silver on a streak
[Re: reeltexan]
#8966286
12/03/23 12:09 AM
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Joined: Jun 2006
Posts: 8,341
Dave Davidson
THF Trophy Hunter
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That $$$$$$$$ went into their and their buddies pockets.
Without a sense of urgency, nothing ever happens.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
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