If you let yourself---you can watch those charts till your eye balls fall out!----MANY years experience speakin here!
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Gold...sell or hold ?????
- Thread starter Donna(NJ
- Start date
OldBeechnut
Well-known member
I bet your right on that one...... About the only time I check gold is when I am finding it, and that can be anytime from late March to Early Dec...If you let yourself---you can watch those charts till your eye balls fall out!----MANY years experience speakin here!
and then I watch how much 1 gram of 10k is.. for that is mostly what I find. I remember years ago (2011)? 1 gram of 10k was 16 dollars, now its 43.oo
Gold is not going up...it's the dollar (or should I say FRN), cratering. Look at the DXY the last 3 months. 109 to 99...and dropping. Foreign nations have had enough and are ditching FRN's hand over fist.
Bottom line...gold is not more valuable. It's the FRN that is becoming less and less valuable relative to gold.
A 1 ounce gold bullion coin from 2010 looks, feels and weighs the exact same today as it did then. Nothing has changed except it's value compared to the FRN.
Bottom line...gold is not more valuable. It's the FRN that is becoming less and less valuable relative to gold.
A 1 ounce gold bullion coin from 2010 looks, feels and weighs the exact same today as it did then. Nothing has changed except it's value compared to the FRN.