by Recyclersteve » Thu Dec 04, 2014 2:23 am
I was speaking with a guy at a nameless coin shop and we were talking about the all-time high price of gold. Back on 9/6/11 before domestic markets opened it was slightly above $1,920 an ounce. But he insisted that it actually went above $2,400/oz. that day. I think he might have been thinking about St. Gaudens double Eagles, which seemed to have hit that price at that time. Does anyone else have any recollection about this? Also, if you have any links to further document what you are saying, that would be great.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.