User Panel
User Panel
User Panel
|
Posted: 10/31/2014 4:02:11 PM EDT
[#1]
We just making up numbers now?
|
|
|
|
Posted: 10/31/2014 4:04:03 PM EDT
[#2]
I see it cracking the 1K mark, 600 seems unlikely.
|
|
|
|
Posted: 10/31/2014 4:04:25 PM EDT
[#3]
Quoted: Down trajectory |
|
|
|
Posted: 10/31/2014 4:07:15 PM EDT
[#4]
Gold will be $600 an ounce when oil is $40 a barrel.
|
|
|
|
Posted: 10/31/2014 4:12:10 PM EDT
[#5]
Time to buy up Bitcoins!!!!!!!
|
|
|
|
Posted: 10/31/2014 4:14:01 PM EDT
[#6]
I remember when I was 16ish reading gun mags at the grocery store, they were always selling 1oz gold coins for ~$300ish
|
|
|
|
Posted: 10/31/2014 4:15:01 PM EDT
[#7]
Quote HistoryQuoted:
I remember when I was 16ish reading gun mags at the grocery store, they were always selling 1oz gold coins for ~$300ish We must be around the same age. I remember thinking about that the other day.... |
|
|
|
Posted: 10/31/2014 4:15:49 PM EDT
[#8]
Quote HistoryQuoted:
I remember when I was 16ish reading gun mags at the grocery store, they were always selling 1oz gold coins for ~$300ish When my buddy managed a pawn shop gold was at $300 an ounce, I should have bought. |
|
|
|
Posted: 10/31/2014 4:21:04 PM EDT
[#9]
I can only wish it would get that low again!
|
|
|
|
Posted: 10/31/2014 4:22:15 PM EDT
[#10]
IF it does hit $600, I'll be buying!
|
|
|
|
Posted: 10/31/2014 4:24:33 PM EDT
[#11]
I would probably buy a few ounces of gold at $600 per oz.
|
|
|
|
Posted: 10/31/2014 4:25:30 PM EDT
[#12]
Quote HistoryQuoted:
I remember when I was 16ish reading gun mags at the grocery store, they were always selling 1oz gold coins for ~$300ish I remember when I was 34 and had a $120,000 a year job, $80,000 of which was tax free and wanted to buy a kilo bar of gold. When I saw the price was $400 an ounce I was like dude fuck that. FML
|
|
|
|
Posted: 10/31/2014 4:25:59 PM EDT
[#13]
Something is not right if that happens
|
|
|
|
Posted: 10/31/2014 4:26:12 PM EDT
[#14]
Quote HistoryQuoted:
We just making up numbers now? Gold will reach a spot price of -$300, where they pay you to take it, then almost overnight it will embiggen to eleventy trillion shekels. |
|
|
|
Posted: 10/31/2014 4:26:47 PM EDT
[#15]
try 1170
|
|
|
|
Posted: 10/31/2014 4:27:22 PM EDT
[#16]
Quote HistoryQuoted:
We must be around the same age. I remember thinking about that the other day.... Quote HistoryQuoted:
Quoted:
I remember when I was 16ish reading gun mags at the grocery store, they were always selling 1oz gold coins for ~$300ish We must be around the same age. I remember thinking about that the other day.... $300 in 1975 has the buying power of $1,327.31 today. So it's currently cheaper than it was when you were a kid. |
|
|
|
Posted: 10/31/2014 4:28:14 PM EDT
[#17]
Does that mean the end of those stupid commercials "I always buy Billy Bob Gold, Billy Bob Gold is always here 24/7 to take my money"  |
|
|
|
Posted: 10/31/2014 4:28:44 PM EDT
[#18]
Quote HistoryQuoted: Gold will reach a spot price of -$300, where they pay you to take it, then almost overnight it will embiggen to eleventy trillion shekels. Quote HistoryQuoted: Quoted: We just making up numbers now? Gold will reach a spot price of -$300, where they pay you to take it, then almost overnight it will embiggen to eleventy trillion shekels. I loves me some shekels
|
|
|
|
Posted: 10/31/2014 4:30:55 PM EDT
[#19]
This is very interesting. I wonder why (besides being a manipulated commodity) that it is going down so consistently??
|
|
|
|
Posted: 10/31/2014 4:38:34 PM EDT
[#20]
I stopped buying when it went over $450/oz. Maybe I will buy it when it gets to $500, who knows?
|
|
|
|
Posted: 10/31/2014 4:39:46 PM EDT
[#21]
Chinese folks are running out of dollars to buy gold. time to print more.
Quote HistoryQuoted: This is very interesting. I wonder why (besides being a manipulated commodity) that it is going down so consistently?? |
|
|
|
Posted: 10/31/2014 4:39:48 PM EDT
[#22]
Quote HistoryQuoted:
This is very interesting. I wonder why (besides being a manipulated commodity) that it is going down so consistently?? bc the stock market is at an all time high |
|
|
|
Posted: 10/31/2014 4:42:25 PM EDT
[#23]
Quote HistoryQuoted:
When my buddy managed a pawn shop gold was at $300 an ounce, I should have bought. Quote HistoryQuoted:
Quoted:
I remember when I was 16ish reading gun mags at the grocery store, they were always selling 1oz gold coins for ~$300ish When my buddy managed a pawn shop gold was at $300 an ounce, I should have bought. My parents bought me a Krugerand back in the 70s, when they first became available and I think they paid $119 for it and I sold it a year later and got ~$135 IIRC. They also bought my brother and I 10 shares each of the Baltimore Orioles, so I was a major league baseball owner before I could drive, just about, lol. Times, they are a changin'. Chris |
|
|
|
Posted: 10/31/2014 4:51:43 PM EDT
[#24]
you can't get it out of the ground for 600 let alone get it to market
paper gold to 600 possible..... |
|
|
|
Posted: 10/31/2014 4:58:04 PM EDT
[#25]
Quote HistoryQuoted:
$300 in 1975 has the buying power of $1,327.31 today. So it's currently cheaper than it was when you were a kid. Quote HistoryQuoted:
Quoted:
Quoted:
I remember when I was 16ish reading gun mags at the grocery store, they were always selling 1oz gold coins for ~$300ish We must be around the same age. I remember thinking about that the other day.... $300 in 1975 has the buying power of $1,327.31 today. So it's currently cheaper than it was when you were a kid. This was in the 90s |
|
|
|
Posted: 10/31/2014 4:58:34 PM EDT
[#26]
Quoted:
Gold to $600 You are high. Put down the bong and step away from the keyboard. As long as the dollar is weak, gold will be strong. The dollar has not doubled in value overnight. |
|
|
|
Posted: 10/31/2014 5:03:20 PM EDT
[#27]
I haven't bought gold since it was ~ $900. I won't buy it again until it is ~ $700. Mostly because I now have two kids and no disposable income.
|
|
|
|
Posted: 10/31/2014 5:08:11 PM EDT
[#28]
Quoted:
Down trajectory $600, eh? Well I'd hate to see you take a loss like that if you're exposed. I'll take anything you want to get rid of for $1000/oz t right now. 
|
|
|
|
Posted: 10/31/2014 5:16:03 PM EDT
[#29]
I bet William Devane is fucking pissed!
|
|
|
|
Posted: 10/31/2014 5:22:09 PM EDT
[#30]
I don't think so
|
|
|
|
Posted: 10/31/2014 5:23:21 PM EDT
[#31]
Quote HistoryQuoted:
$600, eh? Well I'd hate to see you take a loss like that if you're exposed. I'll take anything you want to get rid of for $1000/oz t right now. Quote HistoryQuoted:
Quoted:
Down trajectory $600, eh? Well I'd hate to see you take a loss like that if you're exposed. I'll take anything you want to get rid of for $1000/oz t right now. I hope you will at least spring for insurance and shipping..... 
|
|
|
|
Posted: 10/31/2014 5:24:51 PM EDT
[#32]
The pendulum swings in both directions. If the Gold market capitulates, I'll be buying at 8 or 9. Filling ye old Pirate chest at 7
|
|
|
|
Posted: 10/31/2014 5:30:12 PM EDT
[#33]
Quote HistoryQuoted:
I bet William Devane is fucking pissed! LOL! I almost spit my beer out reading this post |
|
|
|
Posted: 10/31/2014 5:35:11 PM EDT
[#34]
Quote HistoryQuoted:
You are high. Put down the bong and step away from the keyboard. As long as the dollar is weak, gold will be strong. The dollar has not doubled in value overnight. Quote HistoryQuoted:
Quoted:
Gold to $600 You are high. Put down the bong and step away from the keyboard. As long as the dollar is weak, gold will be strong. The dollar has not doubled in value overnight. Nor has the dollar lost 66% of it's value in the past 10 years... Gold was $400 a decade ago you may recall. Using your own logic, $600 might actually be a pretty reasonable price as far as W.A.G's go. |
|
|
|
Posted: 10/31/2014 5:38:27 PM EDT
[#35]
Quote HistoryQuoted:
$300 in 1975 has the buying power of $1,327.31 today. So it's currently cheaper than it was when you were a kid. Quote HistoryQuoted:
Quoted:
Quoted:
I remember when I was 16ish reading gun mags at the grocery store, they were always selling 1oz gold coins for ~$300ish We must be around the same age. I remember thinking about that the other day.... $300 in 1975 has the buying power of $1,327.31 today. So it's currently cheaper than it was when you were a kid. Gold began 2001 at $271. You should look stuff up if you don't remember. |
|
|
|
Posted: 10/31/2014 5:40:20 PM EDT
[#36]
Quote HistoryQuoted:
Gold began 2001 at $271. You should look stuff. Quote HistoryQuoted:
Quoted:
Quoted:
Quoted:
I remember when I was 16ish reading gun mags at the grocery store, they were always selling 1oz gold coins for ~$300ish We must be around the same age. I remember thinking about that the other day.... $300 in 1975 has the buying power of $1,327.31 today. So it's currently cheaper than it was when you were a kid. Gold began 2001 at $271. You should look stuff. I look at all kinds of stuff! Given that most people on this site are old, I figured the 1970s would be a reasonable guess 
|
|
|
|
Posted: 10/31/2014 5:44:39 PM EDT
[#37]
As soon as the Banks shove down the price of gold down to $1000 using fractionalized paper gold, they can dump their shorts.
Then gold will shoot back up. |
|
|
|
Posted: 10/31/2014 5:45:34 PM EDT
[#38]
Those damn Hoffman boys must be pulling too much of it out of the ground again.
Posted Via AR15.Com Mobile |
|
|
|
Posted: 10/31/2014 5:49:12 PM EDT
[#39]
parker, todd and tony are gonna be pissed
|
|
|
|
Posted: 10/31/2014 5:49:24 PM EDT
[#40]
I wish it would hit 600.
|
|
|
|
Posted: 10/31/2014 5:53:45 PM EDT
[#41]
Gold will be $2k by the end of 2012 2013 2014 all the gold bugs here swore it would.
|
|
|
|
Posted: 10/31/2014 6:01:57 PM EDT
[#42]
Quote HistoryQuoted:
Gold will be $2k by the end of 2012 2013 2014 all the gold bugs here swore it would. Quote HistoryQuoted:
Gold will be $2k by the end of 2012 2013 2014 all the gold bugs here swore it would. I just went back and read a few of the gold threads from a few years ago. There are some gems in there about how gold won't crash, it's going to $3,000, and then various hurled insults at anyone who suggests gold is in a bubble. 
My favorite one is from when gold hit $1,900 and one of the gold bugs was mocking anyone who was buying stocks back in 2011: Its a bubble. You should buy Blew Chips instead herp derp durr. Oops...
|
|
|
|
Posted: 10/31/2014 6:02:00 PM EDT
[#43]
I wouldn't be buying at current levels. At $300-500/oz. I might start buying. Only because I think gold bullion is pretty. |
|
|
|
Posted: 10/31/2014 6:05:04 PM EDT
[#44]
Quote HistoryQuoted:
I just went back and read a few of the gold threads from a few years ago. There are some gems in there about how gold won't crash, it's going to $3,000, and then various hurled insults at anyone who suggests gold is in a bubble.
My favorite one is from when gold hit $1,900 and one of the gold bugs was mocking anyone who was buying stocks back in 2011: Oops... Quote HistoryQuoted:
Quoted:
Gold will be $2k by the end of 2012 2013 2014 all the gold bugs here swore it would. I just went back and read a few of the gold threads from a few years ago. There are some gems in there about how gold won't crash, it's going to $3,000, and then various hurled insults at anyone who suggests gold is in a bubble.
My favorite one is from when gold hit $1,900 and one of the gold bugs was mocking anyone who was buying stocks back in 2011: Its a bubble. You should buy Blew Chips instead herp derp durr. Oops... Lol. I loved all the gold bug threads though they seem to have died down considerably. The "blew chips" have made me a lot of money over the last few years.
|
|
|
|
Posted: 10/31/2014 6:05:41 PM EDT
[#45]
I live in gold country. I remember the mid 90's boom and early 2000 bust. Was stable for several years then boomed again dropped, then leveled off. $600 would be interesting and would cause serious lay offs and make things interesting.
|
|
|
|
Posted: 10/31/2014 6:16:40 PM EDT
[#46]
Quote HistoryQuoted:
Nor has the dollar lost 66% of it's value in the past 10 years... Gold was $400 a decade ago you may recall. Using your own logic, $600 might actually be a pretty reasonable price as far as W.A.G's go. Quote HistoryQuoted:
Quoted:
Quoted:
Gold to $600 You are high. Put down the bong and step away from the keyboard. As long as the dollar is weak, gold will be strong. The dollar has not doubled in value overnight. Nor has the dollar lost 66% of it's value in the past 10 years... Gold was $400 a decade ago you may recall. Using your own logic, $600 might actually be a pretty reasonable price as far as W.A.G's go. Actually I think it would be easier to argue that the dollar has lost at least half of its value since gold was $600. Add in a little over speculation on the current price of gold and the two track pretty well. Between the Feds pumping out currency, massive deficit, generally corrupt financial practices and a world wide recession the dollar has easily lost most of its value compared to its buying power. Think Zimbabwe dollars. Currently gold is over valued. A small correction is to be expected, but $600 today is a pipe dream. |
|
|
|
Posted: 10/31/2014 6:19:05 PM EDT
[#47]
Hey, fantastic.
I can buy more. |
|
|
|
Posted: 10/31/2014 6:25:41 PM EDT
[#48]
Quote HistoryQuoted:
Actually I think it would be easier to argue that the dollar has lost at least half of its value since gold was $600. Add in a little over speculation on the current price of gold and the two track pretty well. Between the Feds pumping out currency, massive deficit, generally corrupt financial practices and a world wide recession the dollar has easily lost most of its value compared to its buying power. Think Zimbabwe dollars. Currently gold is over valued. A small correction is to be expected, but $600 today is a pipe dream. Quote HistoryQuoted:
Quoted:
Quoted:
Quoted:
Gold to $600 You are high. Put down the bong and step away from the keyboard. As long as the dollar is weak, gold will be strong. The dollar has not doubled in value overnight. Nor has the dollar lost 66% of it's value in the past 10 years... Gold was $400 a decade ago you may recall. Using your own logic, $600 might actually be a pretty reasonable price as far as W.A.G's go. Actually I think it would be easier to argue that the dollar has lost at least half of its value since gold was $600. Add in a little over speculation on the current price of gold and the two track pretty well. Between the Feds pumping out currency, massive deficit, generally corrupt financial practices and a world wide recession the dollar has easily lost most of its value compared to its buying power. Think Zimbabwe dollars. Currently gold is over valued. A small correction is to be expected, but $600 today is a pipe dream. OK, so go ahead and argue it then. I'm not familiar with any data that suggests that the dollar has lost half it's value since gold at $600. |
|
|
|
Posted: 10/31/2014 7:01:53 PM EDT
[#49]
Quote HistoryQuoted:
As soon as the Banks shove down the price of gold down to $1000 using fractionalized paper gold, they can dump their shorts. Then gold will shoot back up. Gold is always "about to shoot right up once it stops being manipulated"   Give me a diversified stock portfolio and I'll see you when we retired. We will see who has done better.
|
|
|
|
Posted: 10/31/2014 7:08:44 PM EDT
[#50]
Quote HistoryQuoted:
LOL! I almost spit my beer out reading this post Quote HistoryQuoted:
Quoted:
I bet William Devane is fucking pissed! LOL! I almost spit my beer out reading this post
|
|
|
Win a FREE Membership!
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.
