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HamHead
Hard Ass Motherfucker



Registered: 03/17/15
Posts: 6,107
Loc: Galactic sector ZZ9 Plura...
Last seen: 2 years, 8 months
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Just bought some gold
#26865308 - 08/05/20 07:05 PM (3 years, 5 months ago) |
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10 gram Valcambi bar @ $2,047/oz.
Will post pics when it arrives.
Rye to mold.
Mold to gold.
-------------------- The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February. https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF This online first version has been peer-reviewed, accepted and edited, but not formatted and finalized with corrections from authors and proofreaders https://www.icandecide.org/
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McGrimm
Professor of Peace


Registered: 04/24/17
Posts: 771
Last seen: 19 days, 25 minutes
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Re: Just bought some gold [Re: HamHead]
#26865349 - 08/05/20 07:28 PM (3 years, 5 months ago) |
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Is it low or something?
-------------------- In Peace or Pieces we shall move forward. Grimm
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HamHead
Hard Ass Motherfucker



Registered: 03/17/15
Posts: 6,107
Loc: Galactic sector ZZ9 Plura...
Last seen: 2 years, 8 months
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Re: Just bought some gold [Re: McGrimm]
#26868134 - 08/07/20 11:03 AM (3 years, 5 months ago) |
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No.
I buy high, on drugs.
-------------------- The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February. https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF This online first version has been peer-reviewed, accepted and edited, but not formatted and finalized with corrections from authors and proofreaders https://www.icandecide.org/
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Ahab McBathsalts
OTD Windmill Administrator




Registered: 11/25/02
Posts: 35,107
Loc: Wind Turbine, AB
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Re: Just bought some gold [Re: HamHead]
#26869064 - 08/07/20 08:17 PM (3 years, 5 months ago) |
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We're only 5 months into QE. Gold could run for another 6-18 months.
-------------------- "Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."
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HamHead
Hard Ass Motherfucker



Registered: 03/17/15
Posts: 6,107
Loc: Galactic sector ZZ9 Plura...
Last seen: 2 years, 8 months
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Quote:
Ahab McBathsalts said: We're only 5 months into QE. Gold could run for another 6-18 months.
I'm going to buy more.
Have got extra funds sitting in a checking account, I feel that cusion is plush enough to shake a little stuffing out. No real expenses on my horizon, other than bills, zero debts.
-------------------- The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February. https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF This online first version has been peer-reviewed, accepted and edited, but not formatted and finalized with corrections from authors and proofreaders https://www.icandecide.org/
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Ahab McBathsalts
OTD Windmill Administrator




Registered: 11/25/02
Posts: 35,107
Loc: Wind Turbine, AB
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Re: Just bought some gold [Re: HamHead]
#26869474 - 08/08/20 04:19 AM (3 years, 5 months ago) |
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at zero percent interest rates, and negative yielding bonds and negative real returns on bonds (after inflation) gold makes a lot of sense right now.
Why the fuck would you put it in an instrument guaranteed to lose money when gold is only the possibility to lose money.
-------------------- "Nobody exists on purpose. Nobody belongs anywhere. Everybody's going to die."
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Brian Jones
Club 27



Registered: 12/18/12
Posts: 12,340
Loc: attending Snake Church
Last seen: 7 hours, 16 minutes
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Because bonds will only lose a little. Gold could lose a lot. But gold will probably be good as long as the economy is this questionable. I just can't be too enthusiastic about buying something when it's already high. That being said, I'm buying Amazon, because besides the one I work at and the three others within driving distance, they're building two others close by.
What amazed me, when I looked it up when I first read OP, was how little platinum is worth now compared to gold. I know nothing about the timing, but at some point that's going to be a good play.
-------------------- "The Rolling Stones will break up over Brian Jones' dead body" John Lennon I don't want no commies in my car. No Christians either. The worst thing about corruption is that it works so well,
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Asante
Mage


Registered: 02/06/02
Posts: 86,795
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Re: Just bought some gold [Re: HamHead]
#26869676 - 08/08/20 08:28 AM (3 years, 5 months ago) |
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Quote:
HamHead said:
Rye to mold.
Mold to gold.
Its like knocking up your spawn bags with colloidal gold. 
Volcambi bars are a bad buy as they are so far from spot and grams are hard to get rid of.
Go for well known gold coins, close to spot.
Of the common bullion coins, go no smaller than 1/4oz due to markup.
You won't hear me complaining about an inefficient buy given the origins though
-------------------- Omnicyclion.org higher knowledge starts here
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HamHead
Hard Ass Motherfucker



Registered: 03/17/15
Posts: 6,107
Loc: Galactic sector ZZ9 Plura...
Last seen: 2 years, 8 months
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Re: Just bought some gold [Re: Asante]
#26869808 - 08/08/20 10:01 AM (3 years, 5 months ago) |
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Quote:
Asante said:
Quote:
HamHead said:
Rye to mold.
Mold to gold.
You won't hear me complaining about an inefficient buy given the origins though 

I can't lie, feeling some intense FOMO.
Not comfortable watching my dollars go to shit.
-------------------- The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February. https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF This online first version has been peer-reviewed, accepted and edited, but not formatted and finalized with corrections from authors and proofreaders https://www.icandecide.org/
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Asante
Mage


Registered: 02/06/02
Posts: 86,795
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Re: Just bought some gold [Re: HamHead]
#26870056 - 08/08/20 12:48 PM (3 years, 5 months ago) |
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Look at that $ go compared to the € last month!
I'd feel reluctant to give a buy signal for gold now, but you're basically picking the krugerrands off the verm so - no objections.
If I lived in a country that didnt charge +21% VAT tax on platinum bullion, I'd be keen on picking up some platinum coins.
At this time Platinum is at less than HALF the price of gold and historically it always had a higher price, is rarer and is a valuable catalyst in industry.
Don't take it as invenstment advice but if I were in your shoes I'd add a platinum maple.
By the way, with that 20gr Valcombi you basically bought just about your fair share of gold:
-------------------- Omnicyclion.org higher knowledge starts here
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HamHead
Hard Ass Motherfucker



Registered: 03/17/15
Posts: 6,107
Loc: Galactic sector ZZ9 Plura...
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Re: Just bought some gold [Re: Asante]
#26870272 - 08/08/20 03:42 PM (3 years, 5 months ago) |
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10g.
13 to go. Though there's a little laying around.
-------------------- The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February. https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF This online first version has been peer-reviewed, accepted and edited, but not formatted and finalized with corrections from authors and proofreaders https://www.icandecide.org/
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Sackattack1
Stranger


Registered: 07/27/20
Posts: 30
Last seen: 3 years, 16 days
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Re: Just bought some gold [Re: HamHead]
#26870728 - 08/08/20 10:03 PM (3 years, 5 months ago) |
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I guess its related to gas prices, remember when the oil industry plumeted and so did gold prices around 2015
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HamHead
Hard Ass Motherfucker



Registered: 03/17/15
Posts: 6,107
Loc: Galactic sector ZZ9 Plura...
Last seen: 2 years, 8 months
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Another 10g added, even more FOMO seeing some big names entering into gold space.

Also, picked up another .0081btc @$11,964. ~$100
Testing that psychological $12k barrier.
-------------------- The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February. https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF This online first version has been peer-reviewed, accepted and edited, but not formatted and finalized with corrections from authors and proofreaders https://www.icandecide.org/
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Asante
Mage


Registered: 02/06/02
Posts: 86,795
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Re: Just bought some gold [Re: HamHead]
#26882746 - 08/16/20 03:55 AM (3 years, 5 months ago) |
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For the price of 30gr Volcambi you couldd have had a 1 troy ounce bullion coin and money left over.
-------------------- Omnicyclion.org higher knowledge starts here
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InnerWisdom



Registered: 08/09/19
Posts: 1,936
Loc: North EU
Last seen: 4 days, 13 hours
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Re: Just bought some gold [Re: HamHead]
#26882777 - 08/16/20 05:10 AM (3 years, 5 months ago) |
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You like to buy when the price is high, huh? Btc always dips AFAIK. BTW the people who bought gold with their euros last month before the price peaked; what an investment opportunity.
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HamHead
Hard Ass Motherfucker



Registered: 03/17/15
Posts: 6,107
Loc: Galactic sector ZZ9 Plura...
Last seen: 2 years, 8 months
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Ding ding ding, round three!
A third 10g bar just ordered, dropping a check in a mailbox tomorrow morning.
-------------------- The Italian researchers’ findings, published by the INT’s scientific magazine Tumori Journal, show 11.6% of 959 healthy volunteers enrolled in a lung cancer screening trial between September 2019 and March 2020 had developed coronavirus antibodies well before February. https://www.reuters.com/article/us-health-coronavirus-italy-timing-idUSKBN27V0KF This online first version has been peer-reviewed, accepted and edited, but not formatted and finalized with corrections from authors and proofreaders https://www.icandecide.org/
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InnerWisdom


Registered: 08/09/19
Posts: 1,936
Loc: North EU
Last seen: 4 days, 13 hours
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Quote:
InnerWisdom said: You like to buy when the price is high, huh? Btc always dips AFAIK. BTW the people who bought gold with their euros last month before the price peaked; what an investment opportunity.
The irony: I bought BTC at 12200 when it had peaked for a couple days lol who's laughing now...
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Adden

Registered: 06/04/03
Posts: 39,201
Loc:
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You, when digital currency becomes the norm and people start feeling nostalgic about the bitcoin they desperately wanna claw back.
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