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  #381  
Old 24-08-2013, 01:42 PM
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pika pika is offline
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When gold was at 40 during the 70s and went up to 250 30 years later, are 1oz coins less liquid? Then when gold went up from 250 to 1900 10 years later, are 1oz coins less liquid?

Don't worry, the fiat money supply out there will grow faster than the gold supply.
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  #382  
Old 24-08-2013, 01:49 PM
havefun havefun is offline
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Should have asked the question 2 weeks ago, you'd be over 20% in the green. Cleared 24!
silver is in bull market now > 20% from the low.....20% level mark will be a strong support technically speaking and defended by smart money now IMO until they earn enough......
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  #383  
Old 24-08-2013, 01:59 PM
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Hope gold could clear 20% as well.....otherwise, the big brother might drag silver along when it turns south.......
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  #384  
Old 24-08-2013, 02:48 PM
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Originally Posted by Regular_Joe View Post
I was just thinking...if Gold & Silver ever get to reach stratospheric prices, would it make sense to invest in PM in fractional weights like 1/20 oz, 1/10 oz etc? It will be easier to offload despite the hefty premiums when bought. Any thoughts anyone?
It definitely makes sense. But a lot of people might be more concern about the immediate loss of high premium than easier offload in future, including me
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  #385  
Old 24-08-2013, 03:04 PM
stryker stryker is offline
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Just checked the gold spot price. Chiong ah!
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  #386  
Old 24-08-2013, 08:40 PM
freeier freeier is offline
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Quote:
Originally Posted by Regular_Joe View Post
I was just thinking...if Gold & Silver ever get to reach stratospheric prices, would it make sense to invest in PM in fractional weights like 1/20 oz, 1/10 oz etc? It will be easier to offload despite the hefty premiums when bought. Any thoughts anyone?
Some of us do that...but the premium is too high...
By then u can swap your one ounces for two half ounces easily because premium wld have gone down.
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  #387  
Old 27-08-2013, 03:32 PM
aurgentum aurgentum is offline
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Cleared USD1,400 and going!
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  #388  
Old 27-08-2013, 03:37 PM
rlim1969 rlim1969 is offline
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Cleared USD1,400 and going!
USD1,403 now, crossing my fingers and toes
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  #389  
Old 27-08-2013, 04:29 PM
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daniel.yrh daniel.yrh is offline
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1,412 and climbing. Love to see these long vertical green bars haha!
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  #390  
Old 27-08-2013, 04:56 PM
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took some profit for my grapes mountain silver coin. 8-P

retracement from the recent high (1795) all the way into the low (1180) hitting fibonacci level of 38.2% (1415)...

might turn either way ?
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