Bullion prices.

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alanjh595
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Re: Bullion prices.

Post by alanjh595 »

There is a sucker born every minute.
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Jlabute
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Re: Bullion prices.

Post by Jlabute »

Platinum might be worth looking at.
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alanjh595
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Re: Bullion prices.

Post by alanjh595 »

Jlabute wrote: ↑Apr 26th, 2023, 6:30 am Platinum might be worth looking at.
It's worth 1/2 what it was in 2008
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Jlabute
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Re: Bullion prices.

Post by Jlabute »

alanjh595 wrote: ↑Apr 26th, 2023, 6:42 am
Jlabute wrote: ↑Apr 26th, 2023, 6:30 am Platinum might be worth looking at.
It's worth 1/2 what it was in 2008
I suppose supply and demand. If fuel cell production ramps up at any time, the cost could spike.

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Galileo - In the sciences, the authority of thousands of opinions is not worth as much as one tiny spark of reason from an individual man.
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oldtrucker
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Re: Bullion prices.

Post by oldtrucker »

Wow...it's almost at 26US.
Maybe I'm wrong and it's gonna go nuts
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seewood
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Re: Bullion prices.

Post by seewood »

countmeout wrote: ↑Apr 25th, 2023, 12:22 am Neither, buy a couple ETFs
Did that. My Gold ETF is up but it does fluctuate, obviously, with the gold price.
The ETF was supposed to back up their share price with actual bullion but I wonder...

https://www.usfunds.com/resource/centra ... %20tonnes).

snip: The countries reporting the largest purchases in the first two months were Singapore (51.4 tonnes), Turkey (45.5 tonnes), China (39.8 tonnes), Russia (31.1 tonnes) and India (2.8 tonnes). The Central Bank of Russia published an update on its gold reserves for the first time in about a year, so the 31.1 tonnes were likely accumulated over the course of several months instead of in January and February.

Meanwhile, very few countries’ central banks shrank their gold reserves. Net sellers were Kazakhstan, Uzbekistan, Croatia and the United Arab Emirates (UAE), though year-to-date purchases far outweighed sales.

https://www.nasdaq.com/articles/which-n ... uying-gold

I believe gold will be closer to $2200/oz near the end of the year, especially if the US dollar tanks.
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