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Costco - 2024 1 oz Canada Maple Leaf Gold Coin $2449.99
$2,449.99
Member Only Item
Your Price
2,449.99$
Shipping & Handling Included
Features:
1 oz 999.9% Fine Gold Minted Coin
Item is Non-Refundable
Limit of 1 Transaction Per Membership, with a Maximum of 5 Units
Item is Not Eligible for Price Adjustments
https://www.costco.com/.product.1...7f
Your Price
2,449.99$
Shipping & Handling Included
Features:
1 oz 999.9% Fine Gold Minted Coin
Item is Non-Refundable
Limit of 1 Transaction Per Membership, with a Maximum of 5 Units
Item is Not Eligible for Price Adjustments
https://www.costco.com/.product.1...7f
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The gold futures market trades 1000 tons of gold a day. You think central bank buying moved gold $400 in a couple months? 😆
Central banks helped us get past $2100 but since then it's been institutional buyers - the smart money - jumping on.
The gold futures market trades 1000 tons of gold a day. You think central bank buying moved gold $400 in a couple months? 😆
Central banks helped us get past $2100 but since then it's been institutional buyers - the smart money - jumping on.
And Asia is the region who is driving this bubble against the normal market fundamentals
And Asia is the region who is driving this bubble against the normal market fundamentals
Should get a good pullback and then off to the next Fibonacci target of $3336.
Should get a good pullback and then off to the next Fibonacci target of $3336.
Yes, speculators bet on paper corn, paper gold, paper cocoa, etc.
Yes cup and handle doesn't exists on the 12-year window you are trying to apply it. Only youtube personalities that predict $20k gold push that narrative.
Yes, speculators bet on paper corn, paper gold, paper cocoa, etc.
Yes cup and handle doesn't exists on the 12-year window you are trying to apply it. Only youtube personalities that predict $20k gold push that narrative.
You're running out of material but thanks for keeping up the effort. 👍
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You're running out of material but thanks for keeping up the effort. 👍
Not to mention Smart Money doesn't cherry pick data points to try to make narratives. Except for recent pop driven by speculators in Asian, Gold has been losing worth in the 5 year window.
And we haven't even gotten to the taxation disadvantages of physical gold that Smart Money avoids yet…..
Not to mention Smart Money doesn't cherry pick data points to try to make narratives. Except for recent pop driven by speculators in Asian, Gold has been losing worth in the 5 year window.
And we haven't even gotten to the taxation disadvantages of physical gold that Smart Money avoids yet…..
And you're wrong, gold was $1270 or something 5 years ago, so it definitely is not up just cause of the recent pop.
The more important point is that gold recently is beating the S&P500, beating crypto, beating NVDA (down 22% from its recent high), and is now catching the eye of investors - GLD has finally changed from outflows to inflows, and hedge funds are buying gold. So you're only going to get more and more frustrated as gold keeps going up.
Please keep stopping by!
And you're wrong, gold was $1270 or something 5 years ago, so it definitely is not up just cause of the recent pop.
The more important point is that gold recently is beating the S&P500, beating crypto, beating NVDA (down 22% from its recent high), and is now catching the eye of investors - GLD has finally changed from outflows to inflows, and hedge funds are buying gold. So you're only going to get more and more frustrated as gold keeps going up.
Please keep stopping by!
Gold has been loosing it's real worth since July 2020 until recent pop by speculators in Asia, that are driving gold price against it's normal fundamentals. Gold's performance in real-money isn't hard to find: https://www.macrotrends
Short-term moves on a commodity means nothing. If short term speculative positions is your thing......buying cocoa future would have 10x the returns of physical gold. And you wouldn't have to pay 28% tax you do on physical gold profits...
Gold has been loosing it's real worth since July 2020 until recent pop by speculators in Asia, that are driving gold price against it's normal fundamentals. Gold's performance in real-money isn't hard to find: https://www.macrotrends
Short-term moves on a commodity means nothing. If short term speculative positions is your thing......buying cocoa future would have 10x the returns of physical gold. And you wouldn't have to pay 28% tax you do on physical gold profits...
Gold with a 4 year consolidation and breakout from $2100, has just started one of its long multi year bull runs, which range from 800 to 2000%. Enjoy the ride, I am. 😆