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People are buying the shit out of gold.

 
Anonymous Coward
User ID: 37239659
United States
04/17/2019 05:12 PM
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People are buying the shit out of gold.
I've been watching some ebay "DAILY DEAL" sales since last Wednesday 4/10, and I am not going to link them as it would get the thread deleted for promoting, but if you watch some of the bigger sellers, people are maxing out orders of 10 bars, multiple times a day.
One user bought over 240 ounces in one day.


Look for sales, not auctions, where the price is VERY close to spot, and you will see what I am talking about. Usually those will say 5,000+ sold.

Thing is, you can't see the full user name to see if the Chinese are buying gold from Americans, as you cannot export gold from China... AKA, they are hoarding it.


Most of the sellers now have "limited quantity available" showing, and in those, you can no longer see the past sales.
Anonymous Coward (OP)
User ID: 37239659
United States
04/17/2019 05:15 PM
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Re: People are buying the shit out of gold.
After two years of Trump, It isn't going to go down much more, if at all.

Add to that this $15/hr minimum wage they want federally = inflation

And the emerging markets coming online, driving up demand for phones, computers, medical equipment, etc... And there is you consumption.

If Trump gets a second term, things will be well, until the 6th or 7th year.
In say, June of 2020, they will attempt to drive down the markets in huge selloffs causing panic in order to keep Trump from being re-elected.
I plan to buy big then, and if he gets a second term, cash in, and buy more gold as there is no telling if we will get another Obama in 2024, driving gold to the moon again, and driving stocks down.
Anonymous Coward
User ID: 77004061
United States
04/17/2019 05:16 PM
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Re: People are buying the shit out of gold.
Better than gold? non-gmo seeds for smart investors [link to heirloomseeds.com]
Anonymous Coward (OP)
User ID: 37239659
United States
04/17/2019 05:17 PM
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Re: People are buying the shit out of gold.
MCM has this sale, and it also limits 10 per "deal", not per day, hour or anything.


"Daily Deal PAMP Suisse 1 oz Gold Bar Plain Design"
Anonymous Coward (OP)
User ID: 37239659
United States
04/17/2019 05:18 PM
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Re: People are buying the shit out of gold.
Better than gold? non-gmo seeds for smart investors [link to heirloomseeds.com]
 Quoting: Anonymous Coward 77004061


Psssst, this is a gold thread.
Smart people are very diverse. Especially some of the preppers on GLP.

Notice that liberals think Trump is so evil and bad, but they are not worried enough to prep?
You can go to ANY prepper board, and you will not see the activity like when Obama was in office.
Anonymous Coward
User ID: 343310
Canada
04/17/2019 05:21 PM
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Re: People are buying the shit out of gold.
The new system that replace fiat & and electronic currencies will be Amethyst, Amber, and Pearls.
Maybe pine cones, haven't decided yet.
Anonymous Coward
User ID: 77004061
United States
04/17/2019 05:23 PM
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Re: People are buying the shit out of gold.
The new system that replace fiat & and electronic currencies will be Amethyst, Amber, and Pearls.
Maybe pine cones, haven't decided yet.
 Quoting: Anonymous Coward 343310


pine cones for the reset.
Anonymous Coward (OP)
User ID: 37239659
United States
04/17/2019 05:24 PM
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Re: People are buying the shit out of gold.
Venezuela just dumped


Venezuela Sells $400 Million In Gold As Metal Hits 4-Month Lows... Coincidence? Analysts Weigh In
[link to www.kitco.com (secure)]
Anonymous Coward (OP)
User ID: 37239659
United States
04/17/2019 05:25 PM
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Re: People are buying the shit out of gold.
The new system that replace fiat & and electronic currencies will be Amethyst, Amber, and Pearls.
Maybe pine cones, haven't decided yet.
 Quoting: Anonymous Coward 343310


"Bitcoin".... One world currency.
Anonymous Coward (OP)
User ID: 37239659
United States
04/17/2019 05:27 PM
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Re: People are buying the shit out of gold.
Watch tomorrows "Daily Deal"... And Friday.

(I don't trade fiat for fancy designs on bars and pay that premium, as that starts into numismatics, but I do trade fiat for PM coins)
Anonymous Coward (OP)
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04/17/2019 05:49 PM
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Re: People are buying the shit out of gold.
CK Dexter Haven

User ID: 77047820
Netherlands
04/17/2019 06:13 PM

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Re: People are buying the shit out of gold.
Don't buy paper gold.
Anonymous Coward
User ID: 77569632
United States
04/17/2019 06:14 PM
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Re: People are buying the shit out of gold.
Buying the feces out of gold?
Anonymous Coward
User ID: 70914777
United States
04/17/2019 09:56 PM
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Re: People are buying the shit out of gold.
Bitcoin is the NEW Gold
Judethz
Israel is Eternal

User ID: 75895360
United Kingdom
04/17/2019 10:06 PM

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Re: People are buying the shit out of gold.
Bitcoin is the NEW Gold
 Quoting: Anonymous Coward 70914777


kitty Bitcoin is shit.
Jake

User ID: 76890717
United States
04/17/2019 10:08 PM

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Re: People are buying the shit out of gold.
Gold cant go any lower, current mining cost is about $1050 per ounce
MuchMaligned

User ID: 77355363
United States
04/17/2019 10:23 PM
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Re: People are buying the shit out of gold.
Bitcoin is the NEW Gold
 Quoting: Anonymous Coward 70914777


kitty Bitcoin is shit.
 Quoting: Judethz



And it's illegal.
Anonymous Coward
User ID: 75717959
United States
04/17/2019 10:25 PM
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Re: People are buying the shit out of gold.
Buy a red monster box...
Kodiak Island

User ID: 77078319
United States
04/17/2019 10:44 PM
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Re: People are buying the shit out of gold.
Bitcoin is the NEW Gold
 Quoting: Anonymous Coward 70914777


kitty Bitcoin is shit.
 Quoting: Judethz


Haven’t you been bashing bitcoin since it was below $1? Now it is at $5300 on its way back above $20,000 and then $100,000 and way beyond that.

At the price today it is a 10 year return of 530,000%!
It’s decemtralized, no single entity controls it!
It’s borderless: no one, including Goobermints or Criminal Banks can stop you from sending it or receiving it.
It cannot be confiscated, unlike your current bank account.
Cost pennies to send millions.
Etc...
Kodiak
Kodiak Island

User ID: 77078319
United States
04/17/2019 10:45 PM
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Re: People are buying the shit out of gold.
Bitcoin is the NEW Gold
 Quoting: Anonymous Coward 70914777


kitty Bitcoin is shit.
 Quoting: Judethz



And it's illegal.
 Quoting: MuchMaligned


It’s illegal! What you been smoking Brau?
Kodiak
Anonymous Coward
User ID: 77260826
France
04/17/2019 10:47 PM
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Re: People are buying the shit out of gold.
OOOOOHHHH, SHINY!!!
Red Rider

User ID: 74302486
United States
04/17/2019 10:48 PM

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Re: People are buying the shit out of gold.
Been waiting for a gold breakout for some years now. Not going to happen, being kept artificially low. Who knows when that will change.
MuchMaligned

User ID: 77355363
United States
04/18/2019 12:18 AM
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Re: People are buying the shit out of gold.
Bitcoin is the NEW Gold
 Quoting: Anonymous Coward 70914777


kitty Bitcoin is shit.
 Quoting: Judethz



And it's illegal.
 Quoting: MuchMaligned


It’s illegal! What you been smoking Brau?
 Quoting: Kodiak Island



[link to www.law.cornell.edu (secure)]

United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts.
Anonymous Coward
User ID: 13974347
United States
04/20/2019 08:25 PM
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Re: People are buying the shit out of gold.
Thread: Someone just won 1 KILO of gold for 13,100 Euros. About 17,100 USD
MissCleo

User ID: 77082640
United States
04/20/2019 08:52 PM

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Re: People are buying the shit out of gold.
Gold and Silver are expected to fall a little because Venezuela just dumped a load into the market. Then it will rise again. sharply.
Anonymous Coward
User ID: 77644260
United States
05/13/2019 04:53 PM
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Re: People are buying the shit out of gold.
$1,300 oz right now.
Anonymous Coward
User ID: 77644260
United States
05/13/2019 04:54 PM
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Re: People are buying the shit out of gold.
Gold and Silver are expected to fall a little because Venezuela just dumped a load into the market. Then it will rise again. sharply.
 Quoting: MissCleo


Perfect time to buy, dontcha think?
Anonymous Coward
User ID: 58840360
United States
05/13/2019 05:13 PM
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Re: People are buying the shit out of gold.
You cant eat gold
Too Dark Park™ Two
Six, Three Times

User ID: 76075201
United States
05/13/2019 05:16 PM

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Re: People are buying the shit out of gold.
I've been buying fractional gold and platinum lately. IDGAF what the markets are doing. I buy it all regardless. Copper, too. All I need now is rhodium.
Disclaimer: Not a dude. I've tits and a ladyboner. I promise.


"Nothing is real. Everything is permitted."


The rain falls hard on a humdrum town
This town has dragged you down
Oh, the rain falls hard on a humdrum town
This town has dragged you down
Oh, no, and everybody's got to live their life
And God knows I've got to live mine
God knows I've got to live mine

William! William, it was really nothing
William! William, it was really nothing
It was your life...


rockon
Anonymous Coward
User ID: 33216652
Canada
05/13/2019 05:35 PM
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Re: People are buying the shit out of gold.
The new system that replace fiat & and electronic currencies will be Amethyst, Amber, and Pearls.
Maybe pine cones, haven't decided yet.
 Quoting: Anonymous Coward 343310


pine cones for the reset.
 Quoting: Anonymous Coward 77004061


Forgot about garnet. Lol
Anonymous Coward
User ID: 76786587
United States
05/13/2019 05:40 PM
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Re: People are buying the shit out of gold.
Bitcoin is the NEW Gold
 Quoting: Anonymous Coward 70914777


kitty Bitcoin is shit.
 Quoting: Judethz


Hit em with your “Spoofy” card. lol. Spoofytard! lol