Anyone else itching to buy gold?

[Andy0331]

Originally Posted by scarlet knight

I own Newmont (NEM), have owned Barrick (GOLD), both gold miners. Usually reflects the price of gold. There are also ETFs. GLD. More diversified.

Don't ignore Freeport McMoran (FCX) either; their not insignificant gold production gives them pretty much the lowest cost/lb of copper in the industry.

[Jameswilliams125]

It's amazing time to buy now!

[pickettt]

Originally Posted by 330ci

Will be interesting to see how PM performs in the long run, but it seems to be a rather fun/cheap hobby with decent upside potential as long as you buy right. Premiums are ridiculous, but the recent market performance seems to be offsetting the cost of physical ownership rather quickly. Glad to have reconnected with an old hobby. Definitely fun talking with all the shop owners and other collectors you see when making your own purchases.

Very nice collection 👍🏽

[Time Out]

Originally Posted by 330ci

I recently got into the pokemon market. Buy anything right and there's plenty of money to be made lol. Margins on cards have to be ridiculous, I'm buying at 50% of current eBay sold prices from my dealer. Makes one wonder how much of this stuff is just being lightly trickled out from hoards. Still seems cheaper than getting these cards from packs as kids. I've spent about $500 in the past few weeks and my collection is far more impressive than what I had as a kid I feel like.

Are you selling them on ebay ? My 14 year old son would mind liquidating his collection to put towards his car fund.

[330ci]

Originally Posted by Time Out

Are you selling them on ebay ? My 14 year old son would mind liquidating his collection to put towards his car fund.

I actually just downloaded an app called TCG player which gives you market prices by taking pictures. Dealers offer 60-75% of mid price. After trying to sell single cards, I'm letting a pro handle my collection. Selling a collection individually would be a nightmare. Although if he used eBay to look up prices accurately and market his cards properly, the skills learned in the process would be beneficial if he wanted to flip cheap items he finds locally to make money. I started doing it with RC cars around his age and have my own business selling second hand goods now so I would definitely encourage him to "fight for every dollar" personally its just not worth my time selling individually.

[330ci]

Originally Posted by pickettt

Very nice collection 👍🏽

Thank you! It's been a very therapeutic hobby. Hopefully JPM can't manipulate me out of my profits this time around 🤣🤣

[mrstaybrite]

Originally Posted by 77T

I suppose now is better than when the OP contemplated it in August, 2020. Since then it’s dropped about $200/oz.

Sent from my iPhone using Tapatalk Pro

I think it would be a decent time to buy right now.