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 Replies: 82 / Views: 8,534 |
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Moderator
 United States
187862 Posts |
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And just because I know how much Jbuck loves charts...  Quote:
Both gold and silver are significantly higher from where they were five years ago, whereas platinum has gone down. I was tempted to buy some Platinum in early '21. That would have been a kick in the pants.  |
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Pillar of the Community
United States
1143 Posts |
Throw a USD chart up and it will help explain the rocket fuel for gold currently.
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Pillar of the Community
United States
5841 Posts |
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Throw a USD chart up Your wish is my command!  |
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Pillar of the Community
United States
5841 Posts |
Quote:
I was tempted to buy some Platinum in early '21. That would have been a kick in the pants. Indeed, it would be! I only own two platinum bullion coins. At the time, they cost more than gold and I couldn't justify the cost of buying any more. I figured it would be nice to just have a few in my portfolio, but now I'm really glad I didn't buy more. |
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Moderator
United States
187862 Posts |
Not what I was expecting.  |
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Pillar of the Community
United States
5841 Posts |
Yeah, I just checked and I bought my two platinum coins back in 2011 and 2012 when platinum was in the $1600-1800 range. Ouch.
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Pillar of the Community
United States
5841 Posts |
Oh, and it gets worse. The 2012 coin was actually a proof platinum Eagle that I got directly from the mint (with a hefty premium) for $1,796.95. These are now selling on ebay with an asking price of $1500, so it didn't even keep its collector's value. |
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Moderator
United States
187862 Posts |
Oh my! |
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Valued Member
United States
311 Posts |
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Valued Member
United States
311 Posts |
Gap up opening crushing the panicked shorts and then a reversal closing lower.
That looks like it for awhile.
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Pillar of the Community
United States
2835 Posts |
Probably going to cool off & fill in those gaps now. RSI was overcooked near 80, a retracement to sub 50 RSI might be a good buying opp at high $290's on the GLD.
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Pillar of the Community
United States
669 Posts |
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Now the only question is whether this is merely a bubble or whether it's going to keep climbing to $3500, then $4000, then... Can the prices go down for awhile at least long enough to replace some coins I sold this past year? Lol |
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Pillar of the Community
 United States
5177 Posts |
I would LOVE to buy more Gold Eagles, but I am not a buyer of gold right now as the chart looks parabolic to me.
Let's have it blow off some steam and come back to earth, then I'll buy.
Edited by NumisEd
04/22/2025 9:39 pm
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Pillar of the Community
United States
752 Posts |
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I would LOVE to buy more Gold Eagles, but I am not a buyer of gold right now as the chart looks parabolic to me.
Let's have it blow off some steam and come back to earth, then I'll buy. Amen brother. But its starting to nose dive now. We'll just have to wait and see wont we ? In the meantime the SGR is still high and I'm still buying silver. https://www.bullionbypost.com/gold-price/ |
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Moderator
United States
187862 Posts |
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Can the prices go down for awhile at least long enough to replace some coins I sold this past year? Lol   |
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Replies: 82 / Views: 8,534 |
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Posted 04/16/2025 2:08 pm
