Gold is at $3011 now
Will anyone regret not buying gold at $2,270 ?
- Thread starter bushmaster1313
- Start date
THE PILGRIM
Member
Normal historical pattern would be - a pause and a step back.
But the multiple problems and pressures active in the world today may result in a continuous rise.
How much? Who knows!
The increase from $2,000 to $3,000 was extremely quick!
But the multiple problems and pressures active in the world today may result in a continuous rise.
How much? Who knows!
The increase from $2,000 to $3,000 was extremely quick!
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No... Dave Ramsey and Warren Buffett say it is a bad investment.
sousana
Member
I remember back when I was buying 1oz K-rands at Walton coins for $465, ended up buying enough of those and 1oz Canadian maples to fill a coin binder. Sold 40% of them along with silver bars to have the house of the wife and my dreams built. Now, at 3k an ounce, the rest is going along with the Englehard bars. It may go up, but not going to risk it going down.
You may regret not selling at 3,000
If this is the coin that I'm thinking about, I have always liked the one in the middle with the eagle head. It hard to tell from your picture, but I always thought it was a much higher relief coin than the normal gold eagle coins. Maybe I'm mistaken though.
Larry
THE PILGRIM
Member
Just a regular Eagle Larry!
iPad picture on a green sheet of paper.
iPad picture on a green sheet of paper.
sousana
Member
Just back from dealer, got 2957/Oz gold and 29/Oz silver. Gonna put it all into retirement problems not mention to the wife, she has enough shoes.
I do now [emoji38][emoji849]
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THE PILGRIM
Member
I'm sorry I didn't buy more at $2,270!
One of my Fav Willie Songs.
https://youtu.be/9v2PK7_NMZ4?si=2xFCVRidKGGJeJq1
One of my Fav Willie Songs.
https://youtu.be/9v2PK7_NMZ4?si=2xFCVRidKGGJeJq1
Hindsight is 20-20..
Speaking of Tesla ;-) I bought some shortly after the ipo ,though better of it and bailed two weeks later lol
Just for some perspective. We're talking about a 30% profit. Not doubling or tripling your money. 30%. Yes that's a very nice profit. But if you bought Amazon shortly after the split you nearly tripled your money if you sold at $240.
The really good news is my investments have dropped from an 11% annual return to 3.48%. Woo-hoo.
Always.Hindsight is 20-20..
And most people trying to "time" or predict the market loose their shirts.
Sorry about your earnings drop. Gold is up 15% this year…for now. Went up 26.3% last year.
Most of what little gold I've got was purchased under $2k/oz. I'm done buying gold, and keeping what I have..
I don't regret not buying gold ever. When times get bad it is worthless. Think through the process of disposing of it. All it will get you is dead. Better off to invest in things that sustain life. Not foolish dreams of greed.
