Buy a tiny bit of gold FIRST

[Lisa558]

I believe Trump will regain his rightful job as President. I have to admit, he was featured on the Fox Harris Faulkner report and he managed to tick me off by stuff he said. He gave the media more ammo to use against him. Harris is a dump and never should be running.

What did he say?

 

[Robert W]

No, the gold dealer is a 15-minute drive from my house.

In the Business law course I took in College, money was addressed completely.
My oldest daughter at the time a teen collected all kinds of rare coins. She asked me to buy gold for her. I did so. I did not know It would drop in price then.

 

[Robert W]

What did he say?

Trump launched into he would eliminate sanctuary cities to the woman in the audience.
He claimed he would use a 1798 law on the books as she asked if he would have that power.
As he talked to Harris Faulkner, he sound to me like he was bragging again. I want him back. But he has faults.

 

[Robert W]

Gold looks like it may have finished expected consolidation and is now thinking about a push past 2400 and toward 2500.

I added 6 ,1974 Gold Sovereigns on Monday at auction to my collection plus two 1975 Krugerrands .
Feeling smug .
Ditto Silver .
Feels like breaking news could send the price further north even though June- August is historically a poor part of the year .


Stagflation looking more and more likely which means that stated Fed policy is shattered and "Bideneconomics" even more laughable .
imho .

Gold on 10/16/2024

 

[Lisa558]

Trump launched into he would eliminate sanctuary cities to the woman in the audience.
He claimed he would use a 1798 law on the books as she asked if he would have that power.
As he talked to Harris Faulkner, he sound to me like he was bragging again. I want him back. But he has faults.

He’s far from perfect, but the alternative would be a disaster.

 

[luiza]

If you hand any bank a 100 dollar bill, they will return the full amount to you in change as you wish. If you hand them gold, do you truly think they will accept it at all?

Of course people take a commission .
Everybody who works needs money .

The relevant question is , How Much , and , How Much, relative to profit .
Gold at its peak this year was up around 40% .

At which bank have you ever had a single cent profit from your transactions ?

So with respect you are talking out of your badly dented miner's helmet

 

[Robert W]

Of course people take a commission .
Everybody who works needs money .

The relevant question is , How Much , and , How Much, relative to profit .
Gold at its peak this year was up around 40% .

At which bank have you ever had a single cent profit from your transactions ?

So with respect you are talking out of your badly dented miner's helmet

I will add you to the list of posters who simply insult.

 

[Robert W]

Of course people take a commission .
Everybody who works needs money .

If you hand a Merchant or Bank, $100 and ask him for change, what was his profit. Did he collect a commission because he needs money?

 

[Robert W]

He’s far from perfect, but the alternative would be a disaster.

Right. Kamala Harris is our worse disaster should she win. She has proven this as VP and how she simply opened the door to the USA allowing criminals in who are not vetted.

 

[luiza]

If you hand a Merchant or Bank, $100 and ask him for change, what was his profit. Did he collect a commission because he needs money?

I charge for mentoring .

The profit is built into the fact that someone is acting on behalf of the bank and like a good paid slave handles lots of different things which, when aggragated , produce profit .

You just happily continue to chat with tellers and get nothing from it .
I will just bank my profits regularly from trading and long term saving .

 

[Robert W]

I charge for mentoring .

The profit is built into the fact that someone is acting on behalf of the bank and like a good paid slave handles lots of different things which, when aggragated , produce profit .

You just happily continue to chat with tellers and get nothing from it .
I will just bank my profits regularly from trading and long term saving .

Asking you questions wastes my time.

 

[fncceo]

If the dollar crashes like in the 1920s, your gold will still be worth a lot of money

Assuming someone wants to buy it.

 

[luiza]

Asking you questions wastes my time.

Wondered how long it would be before you realised that you were out of your depth .

 

[Robert W]

Wondered how long it would be before you realised that you were out of your depth .

You had a chance to come out on top but you kept refusing to.

 

[luiza]

You had a chance to come out on top but you kept refusing to.

Stop being silly RW .
Your last few posts have been absurd, suggesting your knowledge of trading and investing are zero .
Only 5 months ago I talked in this thread about Gold moving up to 2400 and toward 2500 .
As I write it is 2725.
3000 before the New Year is an expert consensus target and it could go higher by then, with prospects next year to be epic .
And silver could be more drametic .
The figures show you are babbling .
Go elsewhere or stay , read , learn and profit if you are savvy ..
OOPS !! 2731 Now .

 

[luiza]

Assuming someone wants to buy it.

It will be the Standard against which everything else will be measured you pumpkin .
ROFL .

As distinct from a US dollar which will have devalued itself toward zero worth .

 

[Harpy Eagle]

It will be the Standard against which everything else will be measured you pumpkin .

why?

 

[Robert W]

Stop being silly RW .
Your last few posts have been absurd, suggesting your knowledge of trading and investing are zero .
Only 5 months ago I talked in this thread about Gold moving up to 2400 and toward 2500 .
As I write it is 2725.
3000 before the New Year is an expert consensus target and it could go higher by then, with prospects next year to be epic .
And silver could be more drametic .
The figures show you are babbling .
Go elsewhere or stay , read , learn and profit if you are savvy ..
OOPS !! 2731 Now .

Don't get the false notion that I am not informed about Gold. Sure now it has gone up. But will that always be true? All my message amounts to is telling posters when you sell gold, others collect the profit you hand to them.

 

[Harpy Eagle]

Don't get the false notion that I am not informed about Gold. Sure now it has gone up. But will that always be true? All my message amounts to is telling posters when you sell gold, others collect the profit you hand to them.

People assume gold will hold some value if currency suddenly does not.

There is not actually a good reasons for this to be the case

 

[Robert W]

People assume gold will hold some value if currency suddenly does not.

There is not actually a good reasons for this to be the case

I have suggested how to experiment. Buy gold. Take it to the store that accepts dollars. Ask them if they will accept your gold. Then we can talk about it's use as money.