richc
NES Member
Ash,
For a different account, are you able to use the same credit card number?
Thanks
Rich
For a different account, are you able to use the same credit card number?
Thanks
Rich
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Gold and silver prices are down
- Thread starter Rider
- Start date
I did buy a bunch of different Sovereigns at below spot using eBay bucks last night. I maxed out on one account and had to use another.
Hi Rich,
I’m not sure. I gave my daughter an Amex that I pay for, and bought using her eBay account. I don’t know if it would work the other way.
Hi Rich,
I’m not sure. I gave my daughter an Amex that I pay for, and bought using her eBay account. I don’t know if it would work the other way.
richc
NES Member
Daddy, when do I get MY Amex???
I need to be nice to her. Hopefully she takes care of me when I get old....
Win
NES Member
Win
NES Member
$1,358
Varmint
NES Member
Gold is a hair below $1360 in the pre market. It’s the moment of truth. The Gold Suppression Team must be up early.
I still think it’ll fail and revisit $1250, probably if the Fed doesn’t cut rates next week. If they do cut though, I think we break through resistance.
I still think it’ll fail and revisit $1250, probably if the Fed doesn’t cut rates next week. If they do cut though, I think we break through resistance.
I just picked up the Appollo silver 5oz coin....first curved coin....very attractive to me...I like the 5oz coins as I display them...expensive over spot but you see so many details
Varmint
NES Member
The Fed announcement is like 1 pm Weds. If they cut rates, gold will probably start a new bull market.
If they strongly imply a July rate cut, gold should stay strong.
If they say more patience and don’t indicate coming cuts, gold and the stock market will tank.
Should be an interesting week.
If they strongly imply a July rate cut, gold should stay strong.
If they say more patience and don’t indicate coming cuts, gold and the stock market will tank.
Should be an interesting week.
richc
NES Member
Good price on American Eagles. About $10-$15 over spot.
Sale Price - 1 oz Gold American Eagle $50 Coin BU (Random Year) | eBay
Generally this is indicative of someone expecting the gold price to drop.
Sale Price - 1 oz Gold American Eagle $50 Coin BU (Random Year) | eBay
Generally this is indicative of someone expecting the gold price to drop.
Varmint
NES Member
Yeah, six times in 5 years gold has reached around $1360 and failed to break through, so that's a good bet.
Unless the Fed cuts rates tomorrow, or says they're gonna cut in July, gold is gonna go down hard, imo. Stocks too.
richc
NES Member
Another decent deal for AU $10 Liberty Head gold pieces. Even better if you have eBay bucks you can use. You can probably get these for under spot price with the right eBay bucks deal.
US Gold $10 Liberty Head Eagle - AU Condition - Random Date | eBay
US Gold $10 Liberty Head Eagle - AU Condition - Random Date | eBay
Varmint
NES Member
I'm hoping for a good Ebay bucks deal this month since it's end of quarter, and they already did a 13% deal, so they seem desperate. Just need the Fed to hold off on rate cuts tomorrow to get gold prices back down.
Varmint
NES Member
I think the market didn't get the Fed news it needed to break higher (gold or stocks). Yeah, they dropped the word 'patient'. Is that worth a new all time high on the stock market, the word 'patient'? Don't think so.
I think we'll tank tomorrow, gold and stocks. They will try to force the Fed to move beyond vaguely dovish words and do actual cuts.
Varmint
NES Member
There was probably massive amounts of algorithms set to buy gold if it went above $1360. But the big banks may try to stop it, tomorrow’s gonna be real interesting!
richc
NES Member
I'm guessing there's a fair bit of short covering in that spike.
That RuhRoh moment a short realizes the market is moving hard against them...
That RuhRoh moment a short realizes the market is moving hard against them...
Varmint
NES Member
I'm guessing there's a fair bit of short covering in that spike.
That RuhRoh moment a short realizes the market is moving hard against them...
Yeah, for six years gold has stopped dead at $1360. Tons of shorts probably had their stops at like $1362, look how it went straight up from there.
Will be a battle today!
richc
NES Member
Looks like Bullion Exchange has found a way to make American Eagles qualify for eBay Bucks...
Sale Price - 1 oz Gold American Eagle $50 Coin BU (Random Year w/Sterling Silver | eBay
Sale Price - 1 oz Gold American Eagle $50 Coin BU (Random Year w/Sterling Silver | eBay
Apmex did the whole gold Eagle in a necklace thing 2 or 3 eBucks iterations ago. I bought 5 of them and they arrived separately (but the same shipping box), 5 coins in one package and 5 chains in another.
I hope I receive another eBucks opportunity before the quarter ends.
Win
NES Member
FWIW
Varmint
NES Member
It’s a necklace, interesting. I’m not sure there’s rules, it seems up to the seller. But maybe they pay a portion of the Bucks? I have seen Eagles qualify before but never at a good price.
Varmint
NES Member
My gold mining stocks are going bananas, never seen a day like this, though I’ve only owned miners for 2-3 years.
Even a lot of the tiny juniors are moving.
Varmint
NES Member
Price crossed $1390 for a bit and backed down to high $1380's.
See, I told you the price was either going up or down!
So much buying today it might be hard for the banks to drive it back below $1360. Would love to see a close above $1400.
Varmint
NES Member
That was a really strong day for gold and the miners, wow. Tomorrow's still important though, don't want to see a slide back below $1360.
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