Buy more gold?

Discussion in 'Gold' started by aelmsu, Jul 18, 2019.

  1. alor

    alor Well-Known Member Silver Stacker

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    just call up dealers and appoint to pick up, that way you can buy from many and faster spending your cash
     
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  2. wones

    wones Member

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    Sounds like a plan
     
  3. TreasureHunter

    TreasureHunter Well-Known Member

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    20-25 $ per hour is not bad at all. That's 5,000-6,000 $ per month. If you mean USD, that's a nice salary for most people. Banking sector pays those kinds of fat wages, but you need some years of experience in a particular domain. Like a good race horse.
     
  4. TreasureHunter

    TreasureHunter Well-Known Member

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    It is possible. If he's living in Dubai and working at a high-end jewelry dealer at the airport. Or if he has a part-time job in Antwerpen at a diamond dealer uncle's shop.

    It's all possible :D

    A 3,000 USD a month salary literally means 18.75 USD/hour wage. That's around 1 oz. Nice salary, still. Many adults in the US, Spain, Italy, Greece, Portugal would be happy to have that salary. It's above average for most educated people.

    But 25 $/hour for a part time job. That's high-end luxury. Or is that in Zimbabwean dollars? :D
     
  5. Freaksta

    Freaksta Member

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    He is from Australia and presumably Sydney which is a pretty expensive place to live hence the high casual rates.
     
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  6. wones

    wones Member

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    Correct, worked at maccas while in high school, when you hit 18yrs old they pay $19.00 per hour. Not sure if this is in NSW or all around aus
     
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  7. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    The bottom is near but will it do a last finale dip?
     
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  8. TreasureHunter

    TreasureHunter Well-Known Member

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    19 $ per hour is a very nice pay. Very nice. Could compete with most jobs in Europe.

    Spain, Italy, Portugal, Greece don't pay that well.

    No for "unqualified", low qualified and/or part time jobs. From what I understood, this was referring to a part time job.
     
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  9. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    A raise for your b'day? Awesome present!
     
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  10. TreasureHunter

    TreasureHunter Well-Known Member

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    Could go lower. Not sure how much lower. I expect it to keep goin' up 'n' up in January through February, perhaps... prolly even March, but then a natural correction will follow around Chinese/Thai New Years.

    In fact, this correction now is due to OUR NEW YEAR and Christmas coming :D
     
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  11. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Trump Fed pick wants return to gold standard. Judy Shelton favors an economic policy that the U.S. abandoned in 1971 and that most economists say is antiquated*. JUL 4, 2019.
    *most economists say it is antiquated because they & all of the SCUM who benefit from PAPER & DIGITAL (currency, not money) have a vested interest in this FIAT FICTION. RANT OFF. _JOHNLGALT. Who is JOHN GALT?

    https://www.cbsnews.com/video/why-trumps-fed-pick-wants-to-return-to-the-gold-standard/
     
  12. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    Why use a gold standard when you can just use gold. Even a gold standard leaves too much room for manipulation.
     
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  13. JOHNLGALT

    JOHNLGALT Well-Known Member

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    How do you spell Manipu (I forgot).?
    MANIPULATION.jpg MANIPULATION.jpg
     
  14. JOHNLGALT

    JOHNLGALT Well-Known Member

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    My thoughts EZZACTLY, As they would say on Zero Hedge, where I hang out now that 50c. & his mates have F@@KED up Silver Doctors once great website:
    "GOT GOLD BITCHEZZ?" _JOHNLGALT.
     
    Last edited: Nov 30, 2019
  15. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Chinese new year is early next year. 25th Jan 2020, just slightly over a month away..
     
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  16. JOHNLGALT

    JOHNLGALT Well-Known Member

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    Only 2 garage sales this weekend , but I got a 4x times investment (Not P.M's, but REAL WEALTH).
    Hope you found a few GEMS. "KEEP STACKING" as @Marchas45 says. (especially Silver).
    Good day, Charlie you ole stick in the mud, hope you had a Happy ThanksGiving over there in MAINE U.S. MAGA. buddy.
    JohnLGalt. (not my real name) watching the SHIFTY CIRCUS from Down-Under & waiting for the RESET.
     
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  17. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I've never seen so many different sources talking about buying gold in the last 1 week or so! We're either close to the bottom or close to a finale dip.

    Just order another batch of investment gold. Don't think I can get back at the $1425 price I got in the last buy. But it's only less than 3% difference, if you think about it!

    But who knows? If it dips, just buy some more! :)
     
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  18. alor

    alor Well-Known Member Silver Stacker

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    Russia has been increasing its gold reserves lately, mainly through buying gold domestically, becoming the largest buyer of the metal in 2018 and aiming to do it again in 2019. This trend started at about the same time in Russia began selling US Treasuries, reducing its value in US assets from US $92 billion to US $10.07 billion in US debt.

    This tendency to reduce the amount of dollar-denominated assets is in line with Vladimir Putin’s warnings that the dollar may lose its dominant position and reserve currency status. The Russian president linked this possibility to a strategy recently adopted by the US authorities to impose unilateral sanctions and use the dollar as a political lever to force other countries to bow to Washington’s will.

    https://www.fort-russ.com/2019/12/r...=wp&utm_campaign=push&utm_content=new-article
     
  19. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    Wow, this is fast. Rarely happens to me. Probably the first time!
     
  20. JohnnyBravo300

    JohnnyBravo300 Well-Known Member Silver Stacker

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    I bet the countries that have been hoarding tons and tons of gold are happy they did.
    When push comes to shove they can deal in gold and avoid all fiats if they so choose, which is happening already.
    Theres no other reason for stacking real money and they know it.
    The trade deal failure reality is setting in.
     
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