Spike Camp

Gold & Silver

224KING

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Re: Gold & Silver
« Reply #75 on: February 05, 2025, 04:16:46 AM »
I hope some of you guys have been able to put a little of both away for a rainy day.Gold has already taken off and Silver will be right behind.






$850 move since I made this post on December 3rd,2023.

I'm not  :o
Retirement; The art of doing very little,very slowly

Expert; Someone who knows so much about so little

If you live in the swirl of the drain,inevitably you'll wind up in the cesspool.

Remember 10534

Sorry... Yesterday was the last and final day for any and all complaints whatsoever.

224KING

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Re: Gold & Silver
« Reply #76 on: February 05, 2025, 04:26:45 AM »
Gold and silver don't change value. It means that the dollar is worth less, nothing more. I do have a few Krugerrands. Turning that gold and silver into useable things when the poop hits the fan will be difficult and raise interest from Biden's weaponized IRS. I'll invest in guns and ammo.  ;D






US Dollar index tells me the US Dollar was worth $1.04 on December 3rd of 2023.It tells me that the same dollar is worth $1.07 today.

I bet your happy that you have those Krugerrands
« Last Edit: February 05, 2025, 04:29:12 AM by 224KING »
Retirement; The art of doing very little,very slowly

Expert; Someone who knows so much about so little

If you live in the swirl of the drain,inevitably you'll wind up in the cesspool.

Remember 10534

Sorry... Yesterday was the last and final day for any and all complaints whatsoever.

224KING

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Re: Gold & Silver
« Reply #77 on: February 10, 2025, 12:28:35 PM »
Will Gold close above $2900 today? I've heard that there are 2 drivers to the increase in value. Tariffs and there is uncertainty about London being able to produce all the Gold that they are supposed to have in their vaults.

Wonder when the last time Fort Knox was inventoried?

All the gurus are saying if there is a shortage in what these large storage places say they have,that there is no telling what it soars to.I think if it blows thru $3100 over this week,it won't take long to hit $3500 an ounce.

Doesn't this make you wonder how it all ends up? 
Retirement; The art of doing very little,very slowly

Expert; Someone who knows so much about so little

If you live in the swirl of the drain,inevitably you'll wind up in the cesspool.

Remember 10534

Sorry... Yesterday was the last and final day for any and all complaints whatsoever.

Re: Gold & Silver
« Reply #78 on: February 10, 2025, 12:54:07 PM »
I'm still wondering if this rapid climb in price can continue. It will never drop back to $2K per ounce price of late '23 - early '24, but not sure if $3K+ will last - maybe back to or below $2500 at some point? Who knows.
Come and take it.