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Which Way For Gold? Up? Down? More Of The Same?

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numismatic student's Avatar
United States
11880 Posts
 Posted 12/22/2025  10:32 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Gold just crossed $4,500. Seeing $4,517.20 on comex tonight. Ripping, it looks like.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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vermontensium's Avatar
United States
16677 Posts
 Posted 12/22/2025  10:35 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
It will be at 4,700 in a week or two.
swcoin.ecrater.com
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MrPink2018's Avatar
United States
2461 Posts
 Posted 12/22/2025  10:50 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply
i thought it would have hit $5K by thursday. well, it's ripping right now, but I wanted to see $5K gold in my xmas stocking.
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mysilveryears's Avatar
United States
1888 Posts
 Posted 12/22/2025  11:23 pm  Show Profile   Bookmark this reply Add mysilveryears to your friends list Get a Link to this Reply

Quote:
No sober person eats at Denny's.

i loved that place 'back in the day' [40+ years ago] when
homeless van dwelling before it became trendy. I got to know every
denny's in the mid south and southwest. 24 hrs a day.. always open
as a refuge for the road weary needing a safe place to sleep. never
had a problem with the food. basic; consistent; affordable. maybe
all that has changed. I am too old now to tempt fate but it was a great adventure at the time.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 12/23/2025  07:48 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
Has anyone checked on the guy that basically told us holding PMs was stupid and how he unloaded "buckets full" of silver a few months ago?
Pillar of the Community
United States
2219 Posts
 Posted 12/23/2025  08:10 am  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
For years some YouTube channels were predicting high silver/gold prices. It's finally coming true. A while back I was hesitant but bought a 10 oz silver bar for $449.99 at Costco, that's a cheap price now. Glad I started stacking silver/gold back in 2016. But at today's prices I won't be buying much. I will get the 2026 proof silver eagle with dual date and privy.

I've never seen a cockroach at a Denny's, still eat there sometimes. Three months ago wife and I ate at Texas Roadhouse, as we we finished eating a cockroach crawled right up on the table and across my wife's plate. I flipped the plate over and captured it. The manager said they get them sometimes in shipments of fresh produce, spray to kill them during closed hours. Our meal was free.
Edited by livingwater
12/23/2025 08:21 am
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jbuck's Avatar
United States
187862 Posts
 Posted 12/23/2025  09:08 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
i loved that place 'back in the day' [40+ years ago]...
So did I. I have been sober 29 years, 11 months, and 17 days, so you know how far "back in the day" it was for me.

When I cleaned up, the place did not hit the same for me so I quit going. I still have Waffle House though.
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jbuck's Avatar
United States
187862 Posts
 Posted 12/23/2025  09:09 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
Has anyone checked on the guy that basically told us holding PMs was stupid and how he unloaded "buckets full" of silver a few months ago?
I do hope he is okay. Talk about missing the mark.
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CoinHunter53562's Avatar
United States
2049 Posts
 Posted 12/23/2025  11:20 am  Show Profile   Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply

Quote:
I do hope he is okay. Talk about missing the mark.


We all miss, but he was pretty arrogant about it. He literally said on 10/21, "The smartest people have already unloaded and invested elsewhere. There are zero rational arguments to holding something large amounts of something that pays zero interest and costs lots to store." He also said on 10/10, "Anyone buying right now at these levels truly needs a reality check!"

This has pretty much been his MO in this sub-forum. Really makes you wonder why he puts so much effort into saying the things he does.
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IndianGoldEagle's Avatar
United States
36678 Posts
 Posted 12/23/2025  12:39 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
I love when they say metals pay zero interest. Silver up 140% this year.
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jbuck's Avatar
United States
187862 Posts
 Posted 12/23/2025  2:33 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
...but he was pretty arrogant about it...
Well, you get what you give. My empathy only goes so far.
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jbuck's Avatar
United States
187862 Posts
 Posted 12/23/2025  2:35 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I love when they say metals pay zero interest. Silver up 140% this year.
Well, it does not. But asset appreciation is overlooked at your own peril.
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oriole's Avatar
Canada
5239 Posts
 Posted 12/23/2025  8:25 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Maybe it wasn't rational to hold silver, but evidently it was right! In an irrational world, sometimes you just need to go with the flow.
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jbuck's Avatar
United States
187862 Posts
 Posted 12/24/2025  11:45 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
In an irrational world, sometimes you just need to go with the flow.
Scary thought, going with the flow. Irrational behaviour is how we got... well, you know, but this is not the forum.
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MrPink2018's Avatar
United States
2461 Posts
 Posted 12/24/2025  2:18 pm  Show Profile   Bookmark this reply Add MrPink2018 to your friends list Get a Link to this Reply

Quote:
Has anyone checked on the guy that basically told us holding PMs was stupid and how he unloaded "buckets full" of silver a few months ago?


no... visiting hours at the cracker bucket have changed. it conflicts with my work hours at First Pink Savings.

i remember that post, though I don't remember when it was posted or who posted it... I remember laughing at it. I showed it to the cat and he laughed at it, too. I almost replied, but thought better of it. why dignify that with a comment? I figured someone else might, but I don't believe anyone did. I proceeded forward and forgot about it. how could I have forgotten about it... oh yeah, I know: because I'm sitting on a small heap of silver a couple years-deep into a secular bull market that I read about 20+ years ago. I'm also sitting on a pouch of Au/Ag that only cost me a bike ride each night.

very shrewd move, unloading those bucketsful of silver early. no doubt the poster's fiat is going parabolic by now while pathetic Ag languishes in the low $70-range... I wish the poster well, no ill will. to each his/her own, but the cat & I will continue hanging with the stackers and trackers.

$80 silver by new year's eve.

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