Gold nearing $2000/oz.

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Gold nearing $2000/oz.

Postby thecrazyone » Mon Mar 07, 2022 2:50 pm

Wow, no-one posted this today?
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Re: Gold nearing $2000/oz.

Postby 68Camaro » Mon Mar 07, 2022 3:13 pm

It hit $2000 in 2020. I'll "celebrate" - if that's even appropriate, when the price rise sustains and exceeds inflation. :)
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Re: Gold nearing $2000/oz.

Postby Cu Penny Hoarder » Mon Mar 07, 2022 4:46 pm

The +80% increase in Nickel in one day makes $2000 gold look boring.

A pre-1982 Canadian nickel is now worth 0.20 cents!
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Re: Gold nearing $2000/oz.

Postby Silver4face » Mon Mar 07, 2022 10:56 pm

68Camaro wrote:It hit $2000 in 2020. I'll "celebrate" - if that's even appropriate, when the price rise sustains and exceeds inflation. :)

Excellent point, I think the 2020 price was something like 2070 at its peak. Currently at $1986 as I type this.
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Re: Gold nearing $2000/oz.

Postby thecrazyone » Tue Mar 08, 2022 10:22 am

$2026 today!
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Re: Gold nearing $2000/oz.

Postby Silver4face » Tue Mar 08, 2022 11:43 pm

Was up to 2065 earlier today. Currently at 2053, which is great for those that own it. I don't, but I do have other metals as most of us here do.
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Re: Gold nearing $2000/oz.

Postby Catfish4u » Wed Mar 09, 2022 3:06 am

Cu Penny Hoarder wrote:The +80% increase in Nickel in one day makes $2000 gold look boring.


I think I read where the price of nickel went up like 300% in three days? Nickel was briefly over $45 pound and the LME canceled all trades above $18 (if I read and understood it correctly). I think the LME has canceled all nickel trades until Friday?
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Re: Gold nearing $2000/oz.

Postby thecrazyone » Tue Jan 03, 2023 1:41 pm

Word on the street is gold may get back to this price in the 2nd half of the year, due to inflation. Not loving the reason, but it would be nice to get back to that number!

Some other good info:

https://www.cnbc.com/2023/01/03/gold-su ... -2023.html
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