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Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.

 
NikM755  (OP)

User ID: 71632887
United States
02/18/2019 02:26 AM
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Re: Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.
...



Would you store physical gold in a bank?


Paper gold is too much counter party risk for wise people.
 Quoting: Anonymous Coward 73554716


I do have gold stored in Brinks vaults around the world via Goldmoney. It's physical not paper. Your talking about the Comex.
 Quoting: NikM755





How long till you take possession?
 Quoting: Anonymous Coward 73554716


Goldmoney did have immediate possession via a debit card you could transfer into fiat and spend at any store in the United States. The government regulated that part of it's business in the United States (they are actually blaming it on the actual debit card provider and saying it will be resolved), but you can take physical delivery of your gold or you can transfer it via a wire transfer. It use to be 100% liquid in gold. Now, its a gold vault until the regulations are resolved.
 Quoting: NikM755


I would store most of my physical metal at home. But, the free market is attempting to make gold 100% liquid (it was just last year).
NikM755  (OP)

User ID: 71632887
United States
02/18/2019 02:29 AM
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Re: Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.
To your last comment about skipping a rock, that is why I own physical.
I can store $10,000 in fiat in a drawer for 5 years, and when I spend, it has the purchase power of, say, $8000.

I can store $10,000 in gold in that same drawer, and when I trade for fiat, I may get $13,000.


I am out though.

I just can't see "owning" something that will take days to get custody of.
 Quoting: Anonymous Coward 73554716


True, I would hold my physical wealth, but there are free market options that exist in Brinks vaults around the world. That was 100% liquid (e.g. a debit card you could use to spend your phyiscal gold) until that part of the business was regulated out of business in the United States. It is still available in Europe.
Tuii-Yeah

User ID: 77375603
New Zealand
02/18/2019 02:30 AM
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Re: Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.
iF YOU DONT HOLD THE gOLD THEN IT AINT YOURS ..IT DONT MATTER how you want to sping it hahaha

Noobz
NikM755  (OP)

User ID: 76337724
United States
02/19/2019 04:58 PM
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Re: Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.
iF YOU DONT HOLD THE gOLD THEN IT AINT YOURS ..IT DONT MATTER how you want to sping it hahaha

Noobz
 Quoting: Tuii-Yeah


Can I get a bump?
Anonymous Coward
User ID: 73677568
Australia
02/21/2019 03:58 AM
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Re: Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.
[

Don't buy anything over 100 grams if you are looking to retire in around 15 years.
It is about $4400 for 100 gram bars right now. If price doubles in the next 15 years to $8800, you still fall below reporting thresholds upon sale.
That is the "right" way to unload some stash.
 Quoting: Anonymous Coward 73554716


since when has size been an issue?
Anonymous Coward
User ID: 75452614
Russia
03/06/2019 06:55 AM
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Re: Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.
Gold prices dropping,
Anonymous Coward
User ID: 75452614
Russia
03/06/2019 06:55 AM
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Re: Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.
[

Don't buy anything over 100 grams if you are looking to retire in around 15 years.
It is about $4400 for 100 gram bars right now. If price doubles in the next 15 years to $8800, you still fall below reporting thresholds upon sale.
That is the "right" way to unload some stash.
 Quoting: Anonymous Coward 73554716


since when has size been an issue?
 Quoting: Anonymous Coward 73677568


Never. But it will trigger paperwork filing if over $10k
Anonymous Coward
User ID: 75926669
United States
03/06/2019 06:55 AM
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Re: Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.
Load up on some gold stocks!
 Quoting: NikM755


What if your body is dead?
Anonymous Coward
User ID: 75452614
Russia
03/06/2019 06:55 AM
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Re: Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.
[

Don't buy anything over 100 grams if you are looking to retire in around 15 years.
It is about $4400 for 100 gram bars right now. If price doubles in the next 15 years to $8800, you still fall below reporting thresholds upon sale.
That is the "right" way to unload some stash.
 Quoting: Anonymous Coward 73554716


since when has size been an issue?
 Quoting: Anonymous Coward 73677568


Never. But it will trigger paperwork filing if over $10k
Anonymous Coward
User ID: 77423227
China
03/06/2019 07:23 AM
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Re: Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.
Been years since goldtards went ridin round these here parts.

Can't wait to bust out the leather chaps, don the snakeskin boots, and saddle up.

TBC-cryn
Anonymous Coward
User ID: 72243169
Australia
03/07/2019 02:02 AM
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Re: Prediction: Gold's going to almost hit $1400 sometime in the next few weeks.
If price doubles in the next 15 years


 Quoting: Anonymous Coward 73554716


the price will double again within the next 10 years.





GLP