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#1
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Gold and silver prices are spiking--will the prices sustain up/down -- predictions?
Time to buy/sell ? |
#2
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I want to preface this by saying this is not politics, though political decisions are why we're going through this thing right now...this is non-editorialized fact...
I went from a stock/bonds mix to a stock/metals mix shortly after the US election because of the promise by the US president to disrupt the world economic balance. It's not just US debt (and therefore interest in bonds) that's on the table with a massive tariff-the-world strategy from the world's largest consumer...this is almost every country's debt on the line. Even a small amount of people getting sketchy about bonds (or currency) and moving toward metals has a large effect when it's a good chunk of the world doing it rather than a small amount of nations. I've got investments in everything from gold to silver to copper to aluminum...not physical stuff, but ETFs and Mutual Funds that taps into all aspects of holding, mining, discovery, etc... As far as the ceiling...holy crap, no idea. I wouldn't have guessed things would have gotten this crazy this quickly and for the first time I'm not afraid of exiting too late...I'm scared to exit too early. Gold has seen 1/3rd of it's historic value realized in 10 months. That is not normal...at all. In the meantime I'm enjoying the ride and it's the best chunk of change I've made since COVID era investing in oil/gas ups and downs from China shutting down and reopening.
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‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ ▪ Cubs 1800s-present HOF/stars/notables ▪ Cubs oversized type examples ▪ Cubs autographed cards ▪ |
#3
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I personally feel like silver is still too low. Ive been and continue to buy when I can. Gold, yea I still buy also but over the years my profits on silver have outpaced the same expenditures on gold.
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Successful transactions: sycks22, charlietheextervminator, Scocs, Thromdog, trdcrdkid, mybuddyinc, troutbum97, Natedog, Kingcobb, usernamealreadytaken, t206fanatic, asoriano, rsdill2, hatchetman325, cobbcobb13, dbfirstman, Blunder19, Scott L. ,Eggoman, ncinin, vintagewhitesox, aloondilana, btcarfagno, ZiggerZagger, blametony, shammus, Kris19, brewing, rootsearcher60, Pat R , sportscardpete , Leon , OriolesHOF , Gobucsmagic74, Pilot172000, Chesbro41, scmavl,t206kid,3-2-count,GoldenAge50s |
#4
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I would think with the vast amounts of it available it would be worth WAY less than it is. I have no idea how pricing actually works as they are like diamonds and the amount available has little to do with value/pricing.
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#5
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But then again how many pounds of copper, pounds of butter, dozens of eggs, pounds of coffee, bushels of wheat or corn, whatever, did the $20.67 price of a troy ounce of gold buy in 1920? If the same calculations are done today, gold has appreciated leagues more in price than any of these other commodities/goods. But I'm not making any predictions. I don't know and I'm not willing to even hazard a guess. Markets aren't rational. They just "are".
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That government governs best that governs least. Last edited by Balticfox; 09-24-2025 at 08:58 PM. |
#6
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I was surprised when my brother told me Gold was higher than Platinum. It was almost always the other way around
It was also typical that whenever there's crazy stuff going on with any major country Gold increases. |
#7
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A big one is China is maneuvering to bolster their economy by storing gold and it's assumed they want to further open a system for other countries to have and store (in China) part of their central bank gold stores without actually having to purchase, move, and store gold locally in their countries. China is a much more safe and stable place than some countries, and they also mine a hell of a lot of it domestically. We could dive deeper into other things, too, but the US disrupting the world economy and it's impact on world debt/currencies/etc...and China suddenly snapping up a lot of gold in what some assume is an expansion of their foothold in the world economy are heavy players. What gold has done in the past 10 months is alarmingly not natural to the way the world economy should work. To all of us profiting on it, and got out in front of it...salute, and enjoy your market exit whenever you choose to cash it in.
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‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ ▪ Cubs 1800s-present HOF/stars/notables ▪ Cubs oversized type examples ▪ Cubs autographed cards ▪ |
#8
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Wondering if I am the only vintage collector to have been orange-pilled? First bought bitcoin in 2016. Have owned off and on since then. Really went in 15 months ago and haven't regretted it a bit. It's the only true hard money in existence and I'm a very long-term hold. There are some really sold reasons it went from a penny in 2008 to over $110k per bitcoin today. As fiat just keeps getting printed (all around the world), gold and bitcoin will continue to go up.
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#9
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Ordering something in July for a December delivery and knowing it could easily be worth 5-10% plus or minus between the 2 points isn't stable enough to do business. The biggest "spenders" of bitcoin at this point vs those simply involved in trading and investing seems to be sanctions avoidance and sending money in between countries without steady or affordable money transfer. The people I know that use bitcoin as one would use a traditional currency have used them for rather small things and pretty much all of them are excited about how much $USD the coins are worth rather than the coins, themselves.
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‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ ▪ Cubs 1800s-present HOF/stars/notables ▪ Cubs oversized type examples ▪ Cubs autographed cards ▪ |
#10
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Net 54-- the discussion board where people resent discussions. ![]() My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ |
#11
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I don't really understand people who hold physical metals. You're leaving money on the table when you want to convert it to currency you will actually use in the real world.
It's hard to find a 1-to-1 conversion rate. Someone wants their cut just for the transaction when people want to convert shiny stuff to spending money. Then you have taxation issues depending on where you live because for the most part it's treated as a collectable and it can be hard to find further savings in that department depending on how your financial life is being managed. It's very possible to outrun the buyer's cut and taxation, but I like investing in other ways with those who interact with the production/discovery or hold the physical stuff themselves. I'd rather not mess with bars, coins, etc... Even with the fees on ETF and some Mutual Funds, I find it much easier than dealing with physical stuff.
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‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ ▪ Cubs 1800s-present HOF/stars/notables ▪ Cubs oversized type examples ▪ Cubs autographed cards ▪ |
#12
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all the different types have their place. I'm more comfortable with physical objects, mostly because I'm old and also partly because I have doubts our current all electronic systems will survive a Carrington level event.
One paper I wrote for college economics was about making money on metals mostly gold and silver. nearly everyone at the time went from weekly published prices that lagged the actual markets. That lag was often longer for actual collectibles. So a silver or gold coin that was essentially an ounce could still be had at last weeks price a week later or more. Likewise, there was a corresponding lag when the price went down. so if you bought at 20 and it went up to 30 you got a heads up when it headed back down Many electronic funds do similar trading, but more complex and MUCH faster, Taking and selling huge positions in a stock in milliseconds. (from a friend who ran computers in the financial industry) He thought day traders were set up to loose in the long run because they were never fast enough to compete. To me metals are a mid term investment, not a buy today sell tomorrow, and not a hold for 20 years thing but a few months, maybe a year. |
#13
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#14
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I have a gold nugget that resembles Joe Jackson
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"Trolling Ebay right now" © Always looking for signed 1952 topps as well as variations and errors |
#15
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A 5 oz Silver Bar in Feb 2015 @ $16.5 per ounce and now in Oct 2025 @ $48.2 per ounce a Return of 198.5%
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#16
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A 5 oz Silver Bar in Feb 2015 @ $16.5 per ounce and now in Oct 2025 @ $48.2 per ounce a Return of 198.5%
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#17
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The S&P 500 opened February 2015 at 1,996. It is currently at 6,715, a 236% return.
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Signed 1953 Topps set: 264/274 (96.35 %) |
#18
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Metals are a nice diversification tool. When everything is going relatively well, conventional things like stocks, real estate, and baseball cards tend to do well. When there's a massive black swan event, people rush to metals. So, it's not a bad idea to have some in the portfolio, in some form.
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#19
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$20 gold pieces are an interesting combination of metal and numismatic value.
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Net 54-- the discussion board where people resent discussions. ![]() My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ |
#20
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Correct. It’s not only about weight. The higher graded coins trade just like cards to me. The higher and rarer bring the premium, while bullion just sits for emergencies, at least in my case.
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Successful transactions: sycks22, charlietheextervminator, Scocs, Thromdog, trdcrdkid, mybuddyinc, troutbum97, Natedog, Kingcobb, usernamealreadytaken, t206fanatic, asoriano, rsdill2, hatchetman325, cobbcobb13, dbfirstman, Blunder19, Scott L. ,Eggoman, ncinin, vintagewhitesox, aloondilana, btcarfagno, ZiggerZagger, blametony, shammus, Kris19, brewing, rootsearcher60, Pat R , sportscardpete , Leon , OriolesHOF , Gobucsmagic74, Pilot172000, Chesbro41, scmavl,t206kid,3-2-count,GoldenAge50s |
#21
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On Sept 24th when this thread was made gold was $3,768/oz
2 weeks later it's broken 4K ($4009 as I type this). Analysts only a few months ago were predicting 4K gold by the first or second quarter of 2026. Earlier 2025 predictions were also blown past many months before they were expected to...crazy.
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‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ ▪ Cubs 1800s-present HOF/stars/notables ▪ Cubs oversized type examples ▪ Cubs autographed cards ▪ Last edited by BioCRN; 10-07-2025 at 03:24 PM. |
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