Gold price going up sharply
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  1. #1
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    Gold price going up sharply

    It was $1674 an ounce a little bit ago. Probably a good time to sell it. It's going to be extremely volatile.

  2. #2

    Aug 2016
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    times like this gold could go higher
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  3. #3
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    And then it will go back to $1200 an ounce. Did this a few years ago also.
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  4. #4

    Mar 2016
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    Quote Originally Posted by smokeythecat View Post
    It was $1674 an ounce a little bit ago. Probably a good time to sell it. It's going to be extremely volatile.
    I'm kind of fond of the idea of having lots of gold when it's the most valuable (typically when the dollar is weakening).
    This Communication HEREBY Serves as OFFICIAL NOTICE That All Messages in This Thread Have Been REVIEWED. FURTHERMORE, All Messages of Positive Nature SHALL IRREVOCABLY Be Considered "LIKED" INSOFAR as Applicable to This Forum. FINALLY, All Discrimination is Strictly PROHIBITED.

  5. #5
    Your theory could be correct Smokey, but I'm a gold and silver hoarder. Been buying it since 1975, and never sell. My Grandchildren will be very happy some day.

  6. #6
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    $1659 today.
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  7. #7
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    I wouldnt sell mine either! Woop wooop!

    Remember that nothing goes straight up.

  8. #8
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    As the markets crater and currency printing goes hyperbolic we can expect great things!

    You can ignore reality but you cant ignore the consequences of ignoring reality.

    Three trillion wiped out over the last 5 days. Good job people.
    Last edited by Johnnybravo300; Mar 10, 2020 at 01:24 PM.

  9. #9
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    When its obvious most people are NOT going to die, the stock markets will rebound like a rocket ship. Give it a few weeks. I bought fuel oil for 40 cents a gallon cheaper than I got it 8 weeks ago today. There are bargains to be had.

  10. #10

    Mar 2016
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    Quote Originally Posted by smokeythecat View Post
    When its obvious most people are NOT going to die, the stock markets will rebound like a rocket ship. Give it a few weeks. I bought fuel oil for 40 cents a gallon cheaper than I got it 8 weeks ago today. There are bargains to be had.
    Now selling some gold when it's high to buy heating oil when it's low..that makes sense!
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    This Communication HEREBY Serves as OFFICIAL NOTICE That All Messages in This Thread Have Been REVIEWED. FURTHERMORE, All Messages of Positive Nature SHALL IRREVOCABLY Be Considered "LIKED" INSOFAR as Applicable to This Forum. FINALLY, All Discrimination is Strictly PROHIBITED.

  11. #11
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    Oh no, I didn't sell anything for the oil. Had the cash.
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  12. #12

    Mar 2016
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    I meant that would be a good exchange.
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    This Communication HEREBY Serves as OFFICIAL NOTICE That All Messages in This Thread Have Been REVIEWED. FURTHERMORE, All Messages of Positive Nature SHALL IRREVOCABLY Be Considered "LIKED" INSOFAR as Applicable to This Forum. FINALLY, All Discrimination is Strictly PROHIBITED.

  13. #13
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    True!
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  14. #14

    Mar 2016
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    Maybe $7 per yard material would be profitable after all
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    This Communication HEREBY Serves as OFFICIAL NOTICE That All Messages in This Thread Have Been REVIEWED. FURTHERMORE, All Messages of Positive Nature SHALL IRREVOCABLY Be Considered "LIKED" INSOFAR as Applicable to This Forum. FINALLY, All Discrimination is Strictly PROHIBITED.

  15. #15
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    Better hurry up then. At close it was $1652.
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