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.

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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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Bigbacardi
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Re: Bullion prices.

Post by Bigbacardi »

Where does one goto buy a gold bar?
I was thinking about buying maybe about 8-10 oz of gold.
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oldtrucker
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Re: Bullion prices.

Post by oldtrucker »

Bigbacardi wrote: Jun 19th, 2023, 7:31 am Where does one goto buy a gold bar?
I was thinking about buying maybe about 8-10 oz of gold.

If your into single oz, then go to that coin shop on Ellis. You can walk into a td bank and buy that day. Don't know if they would have 10oz in stock tho.
Some things to consider when dropping $30,000 on a gold bar...
1.This country is in financial ruins and its debt is backed by more debt. It's money is backed by nothing. Debt. By the time this illegitimate "govt" is gone, canada will be financially decimated.
2. In 1933, because they were broke from fallout from 1929,the US govt seized everyone's gold.
3. In 2022 the Canadian govt seized bank accounts of those that oppose them.
4. See # 1
Some may view my politically incorrect opinions as harsh and may be offended by them. Some think political correctness will be our undoing.

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