Discussion in 'Gold' started by 2nd_Hand_Gold_Man, Mar 24, 2020.
Absolutely insane price for a cast bar. I can ring a dealer now and get bars below that price and list them here for instant profit if thats the case.
It (the POG) is going up.
Maybe not in a linear fashion, but in the broadly near term the ingredients, the heat and the oven are ready to see the bread rise.
Why not just use their unallocated account instead? You can convert to physical with the click of a mouse. Only downside is their postage is super expensive. But if metal goes gangbusters that postage will be chump change.
OK people! since this place is starting to attract eBay type prices for gold merchandise, I wish to advise that I have a beautiful Niue 2016 $100 1oz
Endangered & Extinct Series Southern Cassowary Gold Coin for sale in case with COA, and a super low mintage of only 150.
First person to send me a PM gets to buy it for $4000!
Who'd be nuts to do that?
3,000 $ would be great as a selling price, though
The general public. If it goes really nuts, we're going to get a flood of newbies coming here scooping up whatever metal they can get their hands on.
Who are you talking to?
I never said anything about apocalypse. "Contagion" is the rationale they'll use to go cashless. They've been wanting to do it for years.
Hmmmmmmmmmmmm, seems to be a lot of who har over $3000 oz gold.
Humans are a funny bunch.
Gold has been $3500 oz and even higher for a while now, just check the ludicrous prices you are paying on fractionals.......lol
now thats insane, mind blowing and crazy to sat the least.
A 1oz bar recently sold on eBay for over $3600, lots of panic buying it seems
The 'R' word is out in US.... pretty sure gold prices will rocket in coming days...APMEX is happy days!
AUS is not shouting 'R' word around... cause
Just buy gold at what ever price you can get it at, if you have surplus funds available at this time.
I think that $3000 gold will look pretty cheap in 6 months time.
We don't have recessions in Aus..........didn't you get the memo?
Politicians get in trouble when they talk about the recession that we had to have. Not that I give two hoots about the Labor and Coalition pantomime, but it'll be funny watching Scomo try to pin the blame on Labor...
Forget about the paper gold price being $ Au 2650 ATM.
Zero Hedge is reporting that US Mint is selling 1 ounce gold eagles @ US $2175 which is nearly $3500 Aussie dollars!
Get what you can get now while there is still some scraps available, dont worry too much about the prices.
I spoke to a mate of mine last week who runs a mine site up far north QLD for Anglo and he said they got listed as an essential service, so it was business as usual for them. He did say they practicing safe standards and a few extra thing , however production was to continue rail, hail or shine
It is super misleading. $2175 is for a proof eagle. Not bullion. They're really not helping themselves by reporting like this, even if there is a real shortage, temporary or not.
It is not super misleading.
Factionals, proofs, bullion etc............................all the same......................
What rule states one is better than the other..............................
Proof gold is the market benchmark for "gold".
No different to the property market, share market etc..........................peoples demand set the price not the charts!!!!!!!!!!!!!!!!!!!
Can now see the shift?
Human economics 101
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