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 GOLD MAKES NEW ALL TIME HIGH
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Country
1000+ Penny Miser Member


USA
3121 Posts

Posted - 05/11/2010 :  14:05:19  Show Profile Send Country a Private Message
GOLD has exceeded the old high of $1227.50. It is now at $1231.20.


---> Come to the new and improved realcent: http://realcent.org

The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt

Edited by - Country on 05/11/2010 14:07:21

Neckro
1000+ Penny Miser Member



Saudi Arabia
2080 Posts

Posted - 05/11/2010 :  14:06:33  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message
Noo. America is falling apart!!!

Trolling is an art.
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beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 05/11/2010 :  14:43:50  Show Profile Send beauanderos a Private Message
Let us all give thanks for European PIIGS

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
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battlecat
Penny Pincher Member



152 Posts

Posted - 05/11/2010 :  15:01:28  Show Profile Send battlecat a Private Message
Sweet!! I really didnt think this would happen until closer to the first of the year... Shows how much I know
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battlecat
Penny Pincher Member



152 Posts

Posted - 05/11/2010 :  15:02:56  Show Profile Send battlecat a Private Message
Hmmm Cash out now on Gold and Silver or hold...
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Neckro
1000+ Penny Miser Member



Saudi Arabia
2080 Posts

Posted - 05/11/2010 :  15:18:20  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message
I dunno, but 1/10 AGE's are going on ebay for 140-160

Trolling is an art.
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Lemon Thrower
1000+ Penny Miser Member



USA
1588 Posts

Posted - 05/11/2010 :  15:22:12  Show Profile Send Lemon Thrower a Private Message
i think the price will move both up and down in the short run, but if you are focussed on the long term then read this before selling.

You must be logged in to see this link.

Buying:
Peace/Morgan G+ at $15.00
copper cents at 1.3X
wheat pennies at 3X


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UDEric
Penny Pincher Member



USA
202 Posts

Posted - 05/11/2010 :  16:46:27  Show Profile Send UDEric a Private Message
What do people think about the idea of trading found silver halves for gold? I figure you need a ton, and now may not be the time w/ gold at an all time high...but just in general. In theory if you could find 200 90% coins it would cost you $100. If each of the 200 coins is valued at $6 thats 1200 (or the price of 1 oz. of gold). It would be like getting an ounce of gold for $100 + time and energy.

I was thinking....find 400 coins...trade half for gold....find 200 more trade half for gold...etc etc.

Thoughts?

"Three things cannot be long hidden: the sun, the moon and the truth"
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Country
1000+ Penny Miser Member



USA
3121 Posts

Posted - 05/11/2010 :  16:52:51  Show Profile Send Country a Private Message
quote:
Originally posted by UDEric

What do people think about the idea of trading found silver halves for gold? I figure you need a ton, and now may not be the time w/ gold at an all time high...but just in general. In theory if you could find 200 90% coins it would cost you $100. If each of the 200 coins is valued at $6 thats 1200 (or the price of 1 oz. of gold). It would be like getting an ounce of gold for $100 + time and energy.

I was thinking....find 400 coins...trade half for gold....find 200 more trade half for gold...etc etc.

Thoughts?



Nice idea to build up your GOLD using 90% SILVER finds. However, unless you're really fortunate, finding 200 90% SILVER halves is going to take you a long time to accumulate. Maybe too long a time. It's a good idea to diversify your PM holdings.

---> Come to the new and improved realcent: http://realcent.org

The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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UDEric
Penny Pincher Member



USA
202 Posts

Posted - 05/11/2010 :  17:02:37  Show Profile Send UDEric a Private Message
Yeah...I agree...I think I have pretty much depleted my local banks of any rolled/loose halves they had lying around. Those big finds I get the feeling may be few and far between now. Now it's relying mostly on 4-6 boxes a week.

Maybe you could trade 20 coins for a 1/10th fractional gold coin?

"Three things cannot be long hidden: the sun, the moon and the truth"
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Nickelless
Administrator



USA
5580 Posts

Posted - 05/11/2010 :  17:08:26  Show Profile Send Nickelless a Private Message
This is a high for gold only in terms of the dollar price itself. Adjusted for inflation, it's only about halfway to its 1980 high. Even so, I can't justify buying gold even if I had the extra cash since the gold/silver price ratio is 63+ right now. Silver is just freakin' cheap.


Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively

---------------

Be prepared...and prepared to help: http://www.survivalblog.com/charity.html

Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp
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Neckro
1000+ Penny Miser Member



Saudi Arabia
2080 Posts

Posted - 05/11/2010 :  19:07:33  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message
I wouldn't go for the 1oz coins. It's much harder to find a buyer, compared to 1/10 gold.

Trolling is an art.
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Country
1000+ Penny Miser Member



USA
3121 Posts

Posted - 05/11/2010 :  19:25:07  Show Profile Send Country a Private Message
quote:
Originally posted by UDEric

Yeah...I agree...I think I have pretty much depleted my local banks of any rolled/loose halves they had lying around. Those big finds I get the feeling may be few and far between now. Now it's relying mostly on 4-6 boxes a week.

Maybe you could trade 20 coins for a 1/10th fractional gold coin?



Why don't you post a WTT on RealCent? I bet you'll get some offers if you want to trade SILVER for GOLD.

---> Come to the new and improved realcent: http://realcent.org

The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Country
1000+ Penny Miser Member



USA
3121 Posts

Posted - 05/12/2010 :  07:08:05  Show Profile Send Country a Private Message
GOLD continues higher - over $1240 this morning.

---> Come to the new and improved realcent: http://realcent.org

The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
– Theodore Roosevelt
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Roadrunner
Penny Collector Member



USA
413 Posts

Posted - 05/12/2010 :  13:22:45  Show Profile Send Roadrunner a Private Message
Another high....$1249
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beauanderos
1000+ Penny Miser Member



USA
2408 Posts

Posted - 05/12/2010 :  14:46:45  Show Profile Send beauanderos a Private Message
quote:
Originally posted by UDEric

What do people think about the idea of trading found silver halves for gold? I figure you need a ton, and now may not be the time w/ gold at an all time high...but just in general. In theory if you could find 200 90% coins it would cost you $100. If each of the 200 coins is valued at $6 thats 1200 (or the price of 1 oz. of gold). It would be like getting an ounce of gold for $100 + time and energy.

I was thinking....find 400 coins...trade half for gold....find 200 more trade half for gold...etc etc.


Thoughts?



UDERic... what form of gold do you want? If you want to barter $100 face of silver halves I will trade you a gold eagle for them. PM me if interested

Hoard now and hold on!

http://coppermillions.blogspot.com/
http://wherewillyoubein2012.blogspot.com/
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Nickelless
Administrator



USA
5580 Posts

Posted - 05/12/2010 :  14:55:13  Show Profile Send Nickelless a Private Message
quote:
Originally posted by Nickelless

This is a high for gold only in terms of the dollar price itself. Adjusted for inflation, it's only about halfway to its 1980 high. Even so, I can't justify buying gold even if I had the extra cash since the gold/silver price ratio is 63+ right now. Silver is just freakin' cheap.


Just found this chart:

You must be logged in to see this link.




Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net
--Latest article: Stocking up on spices to keep food preps lively

---------------

Be prepared...and prepared to help: http://www.survivalblog.com/charity.html

Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp
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