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Latest Forum Posts
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Prices move for loads of reasons, and timeframes for things are unknown. You swap out of fiat into metal based on your own analysis, beliefs and judgement. The fact that everything is valued against what could well prove to be a collapsing currency depending on what happens means that the spot "price" is only part of the story. -
By GoldDiggerDave · Posted
BigMac. There's no making sense of the perfect time to buy, if you knew that you'd be a very rich man. A good place to start are secondary market bullion Sovereigns and have a game plan, a sovereign a month or every few months. If you are buying for the long term daily/weekly fluctuations don't really come into it (baring a massive gain or crash) even large shifts level out over time. I see people buy into gold and once they have it in hand they expect too much too soon and are watching spot prices every second of the day. Some have very low attention spans and sell gold off as fast as they buy it normally at a loss. Don't over stretch only buy what you can afford to hold. -
Yeah but isn't silver heading to the moon? The moon must be underneath the earth at this present time... -
I didn't know what TPTB are either, I just make up my own when I don't know. Tomato, Potato, Tuna and Broccoli, or was it Bacon?
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I stopped judging silver by the spot price after it recovered from the big drop early last year. I think in cost average terms and avoid super premium stuff as a rule. Attainable bullion prices aren't really the same thing as the price of futures or industry trading. In my opinion. Gold tends to track a bit more reliably to spot and the dealer's prices tend to reflect this pretty quickly. There has been a move upward in average premiums for gold though, so that needs to be factored in. 2-3% still happens but not as often.
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By GoldenGriffin · Posted
That's what I'd have to resort to if I couldn't find a truck!! I'd lose the walking stick and replace it with another wheelie bag!! 🤣
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