I told you to buy gold months ago

[Anonymous]

Meanwhile, the US mint quietly after market close repriced their sold out silver at $169/oz for uncirculated and $173/oz for proof. For those unfamiliar, these coins are selling for around $105/oz at other dealer websites.

https://www.usmint.gov/coins/silver-coins/?start=0&sz=27

[Anonymous]

Can someone walk me through the process for selling gold jewelry and is there a market for selling silver items also by weight (eg sterling flatware)?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:leveraged funds are the easiest way to lose everything super fast. Just go to the casino if you are this degenerate. All the 2x/3x funds perform horribly even if you were "right" about the trend.

Whatever! We gonna see. I’m only buying 2x leverage ones, so the decay isn’t bad. Plus we are on this huge upward trend and I wanna get paid! You can stick with boring azz VOO and watch it crash soon. I’m gonna lay it on the line with AGQ for another month or so, then sell that, but go my DGP and UGl going for 5 months more. They are fking killing it!!!!

Why would precious metals stop soon. Have we have a time like now in modern history with so much uncertainty. Everyone is rushing to precious metals because it’s the only thing that beats inflation and you can rely on. Not fking NVIDIA or whatever. You think we are going to have a financial crash soon? Look at the insanity. Read a fking newspaper. Gold ETFs are the only logical bet. And silver for a while, too. We are living in the craziest period since WW2 ended and you fking know it too.

Hmm. The Vietnam War, American leaders getting assassinated left and right, mass protests and riots in the 60s. Stagflation and lines at gas stations in the 70s. 9/11 mass terrorist attack on American soil and the ensuing twenty years of war in the Middle East. World wide financial crisis in 2008. Worldwide pandemic and Trump first term. Let me give you a hint - the period we live in is as crazy as any other period since WW2, you’re just too close to this period to see the forest through the trees. We’ll weather this storm and boring old S&P index funds will march on over the long term with sometimes large dips in the short term.

You really have no idea what’s going on, do you? I guess being an ostrich is comfortable for you.

No - I don’t. And you don’t either. It’s why I invest in passive index funds instead of esoteric investment vehicles and precious metals.

And that’s great. Your S&P index funds are going to crash in the near future while my gold, silver and platinum ETFs stay high as safe havens against uncertainty (continued dollar devaluation, tech need for raw materials, inflation, etc). And once I am sufficiently satisfied, I will sell them and go and buy up a ton of both international and domestic index funds. My point being these precious metals are great investments right now, even at elevated prices. Miners ETFs even more so because they’re undervalued. I think the underlying insanity here is that you’re so cocksure this is just a normal time in history, similar to previous examples. This ain’t. There are fundamental shifts occurring in geopolitical stability and you probably just want Fox and can’t understand or are siloed off from reality. I’m sad you aren’t able to critically reason from a high level.

I’m liberal and don’t watch Fox. You are just nuts. It doesn’t matter if we go through another financial crisis. I won’t sell and the market will recover and later reach new highs. And I’ll continue to dollar cost average through the downturn and upswing.

You are not a "liberal" or if you are you are not well informed.

While I am not that poster this line in their post is correct " think the underlying insanity here is that you’re so cocksure this is just a normal time in history"

Key words "normal time in history"

A liberal would know the $ is going away. Trump is an idiot the market will not recover after 2026 and living in a dictatorship run by a criminal traitor is not going to work out financially for any Americans but the tippy top of the 1% of Trumps sycophants.

NP. Since you can apparently predict the future, by how much have you beaten the us stock market and over what period of time?

I get wanting the warm feeling the historical returns the S&P has historically provided, but I stand by my comment we are in historic, world changing times. I hope the S&P just does what it has always done, but you should read more financial news. You should try to understand world shifting geopolitics. I feel like you are being willfully obtuse or simply can’t grasp the time period we actually are in and the ramifications for global trade etc. Gold and silver ETFs for the near term for me. Too much going on. The stock market is due for a massive correction. Especially in such unprecedented times.

Ray Dalio, thank you for for sharing your wisdom with all of the stay at home moms on dcum.

It’s not a fringe perspective. Gold has beaten the returns of the S&P and continues to do so. The scary thing is you just hum-drumming along, merrily not even wondering why gold is on a sustained tear. A lot of people prefer not think deeply, so it’s okay.

Not historically. You are suffering from a serious case of recency bias. This is not how you achieve financial succes in the long term. What's next, are you going to recommend loading up on a tech heavy index like QQQ? Great index if you don't mind losing 80% of your assets!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:leveraged funds are the easiest way to lose everything super fast. Just go to the casino if you are this degenerate. All the 2x/3x funds perform horribly even if you were "right" about the trend.

Whatever! We gonna see. I’m only buying 2x leverage ones, so the decay isn’t bad. Plus we are on this huge upward trend and I wanna get paid! You can stick with boring azz VOO and watch it crash soon. I’m gonna lay it on the line with AGQ for another month or so, then sell that, but go my DGP and UGl going for 5 months more. They are fking killing it!!!!

Why would precious metals stop soon. Have we have a time like now in modern history with so much uncertainty. Everyone is rushing to precious metals because it’s the only thing that beats inflation and you can rely on. Not fking NVIDIA or whatever. You think we are going to have a financial crash soon? Look at the insanity. Read a fking newspaper. Gold ETFs are the only logical bet. And silver for a while, too. We are living in the craziest period since WW2 ended and you fking know it too.

Hmm. The Vietnam War, American leaders getting assassinated left and right, mass protests and riots in the 60s. Stagflation and lines at gas stations in the 70s. 9/11 mass terrorist attack on American soil and the ensuing twenty years of war in the Middle East. World wide financial crisis in 2008. Worldwide pandemic and Trump first term. Let me give you a hint - the period we live in is as crazy as any other period since WW2, you’re just too close to this period to see the forest through the trees. We’ll weather this storm and boring old S&P index funds will march on over the long term with sometimes large dips in the short term.

You really have no idea what’s going on, do you? I guess being an ostrich is comfortable for you.

No - I don’t. And you don’t either. It’s why I invest in passive index funds instead of esoteric investment vehicles and precious metals.

And that’s great. Your S&P index funds are going to crash in the near future while my gold, silver and platinum ETFs stay high as safe havens against uncertainty (continued dollar devaluation, tech need for raw materials, inflation, etc). And once I am sufficiently satisfied, I will sell them and go and buy up a ton of both international and domestic index funds. My point being these precious metals are great investments right now, even at elevated prices. Miners ETFs even more so because they’re undervalued. I think the underlying insanity here is that you’re so cocksure this is just a normal time in history, similar to previous examples. This ain’t. There are fundamental shifts occurring in geopolitical stability and you probably just want Fox and can’t understand or are siloed off from reality. I’m sad you aren’t able to critically reason from a high level.

I’m liberal and don’t watch Fox. You are just nuts. It doesn’t matter if we go through another financial crisis. I won’t sell and the market will recover and later reach new highs. And I’ll continue to dollar cost average through the downturn and upswing.

You are not a "liberal" or if you are you are not well informed.

While I am not that poster this line in their post is correct " think the underlying insanity here is that you’re so cocksure this is just a normal time in history"

Key words "normal time in history"

A liberal would know the $ is going away. Trump is an idiot the market will not recover after 2026 and living in a dictatorship run by a criminal traitor is not going to work out financially for any Americans but the tippy top of the 1% of Trumps sycophants.

NP. Since you can apparently predict the future, by how much have you beaten the us stock market and over what period of time?

I get wanting the warm feeling the historical returns the S&P has historically provided, but I stand by my comment we are in historic, world changing times. I hope the S&P just does what it has always done, but you should read more financial news. You should try to understand world shifting geopolitics. I feel like you are being willfully obtuse or simply can’t grasp the time period we actually are in and the ramifications for global trade etc. Gold and silver ETFs for the near term for me. Too much going on. The stock market is due for a massive correction. Especially in such unprecedented times.

Ray Dalio, thank you for for sharing your wisdom with all of the stay at home moms on dcum.

It’s not a fringe perspective. Gold has beaten the returns of the S&P and continues to do so. The scary thing is you just hum-drumming along, merrily not even wondering why gold is on a sustained tear. A lot of people prefer not think deeply, so it’s okay.

Not historically. You are suffering from a serious case of recency bias. This is not how you achieve financial succes in the long term. What's next, are you going to recommend loading up on a tech heavy index like QQQ? Great index if you don't mind losing 80% of your assets!

DP. There's periods where one has performed better than the other. The most recent example of gold outperforming is the early 2000's. Also happened in the 30s and 70's. PP likely believes it's time for this situation to play out again. (I do as well fwiw).

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:leveraged funds are the easiest way to lose everything super fast. Just go to the casino if you are this degenerate. All the 2x/3x funds perform horribly even if you were "right" about the trend.

Whatever! We gonna see. I’m only buying 2x leverage ones, so the decay isn’t bad. Plus we are on this huge upward trend and I wanna get paid! You can stick with boring azz VOO and watch it crash soon. I’m gonna lay it on the line with AGQ for another month or so, then sell that, but go my DGP and UGl going for 5 months more. They are fking killing it!!!!

Why would precious metals stop soon. Have we have a time like now in modern history with so much uncertainty. Everyone is rushing to precious metals because it’s the only thing that beats inflation and you can rely on. Not fking NVIDIA or whatever. You think we are going to have a financial crash soon? Look at the insanity. Read a fking newspaper. Gold ETFs are the only logical bet. And silver for a while, too. We are living in the craziest period since WW2 ended and you fking know it too.

Hmm. The Vietnam War, American leaders getting assassinated left and right, mass protests and riots in the 60s. Stagflation and lines at gas stations in the 70s. 9/11 mass terrorist attack on American soil and the ensuing twenty years of war in the Middle East. World wide financial crisis in 2008. Worldwide pandemic and Trump first term. Let me give you a hint - the period we live in is as crazy as any other period since WW2, you’re just too close to this period to see the forest through the trees. We’ll weather this storm and boring old S&P index funds will march on over the long term with sometimes large dips in the short term.

You really have no idea what’s going on, do you? I guess being an ostrich is comfortable for you.

No - I don’t. And you don’t either. It’s why I invest in passive index funds instead of esoteric investment vehicles and precious metals.

And that’s great. Your S&P index funds are going to crash in the near future while my gold, silver and platinum ETFs stay high as safe havens against uncertainty (continued dollar devaluation, tech need for raw materials, inflation, etc). And once I am sufficiently satisfied, I will sell them and go and buy up a ton of both international and domestic index funds. My point being these precious metals are great investments right now, even at elevated prices. Miners ETFs even more so because they’re undervalued. I think the underlying insanity here is that you’re so cocksure this is just a normal time in history, similar to previous examples. This ain’t. There are fundamental shifts occurring in geopolitical stability and you probably just want Fox and can’t understand or are siloed off from reality. I’m sad you aren’t able to critically reason from a high level.

I’m liberal and don’t watch Fox. You are just nuts. It doesn’t matter if we go through another financial crisis. I won’t sell and the market will recover and later reach new highs. And I’ll continue to dollar cost average through the downturn and upswing.

You are not a "liberal" or if you are you are not well informed.

While I am not that poster this line in their post is correct " think the underlying insanity here is that you’re so cocksure this is just a normal time in history"

Key words "normal time in history"

A liberal would know the $ is going away. Trump is an idiot the market will not recover after 2026 and living in a dictatorship run by a criminal traitor is not going to work out financially for any Americans but the tippy top of the 1% of Trumps sycophants.

NP. Since you can apparently predict the future, by how much have you beaten the us stock market and over what period of time?

I get wanting the warm feeling the historical returns the S&P has historically provided, but I stand by my comment we are in historic, world changing times. I hope the S&P just does what it has always done, but you should read more financial news. You should try to understand world shifting geopolitics. I feel like you are being willfully obtuse or simply can’t grasp the time period we actually are in and the ramifications for global trade etc. Gold and silver ETFs for the near term for me. Too much going on. The stock market is due for a massive correction. Especially in such unprecedented times.

Ray Dalio, thank you for for sharing your wisdom with all of the stay at home moms on dcum.

It’s not a fringe perspective. Gold has beaten the returns of the S&P and continues to do so. The scary thing is you just hum-drumming along, merrily not even wondering why gold is on a sustained tear. A lot of people prefer not think deeply, so it’s okay.

Not historically. You are suffering from a serious case of recency bias. This is not how you achieve financial succes in the long term. What's next, are you going to recommend loading up on a tech heavy index like QQQ? Great index if you don't mind losing 80% of your assets!

If AI comes to fruition, everything well be tech, so maybe not bad strategy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:leveraged funds are the easiest way to lose everything super fast. Just go to the casino if you are this degenerate. All the 2x/3x funds perform horribly even if you were "right" about the trend.

Whatever! We gonna see. I’m only buying 2x leverage ones, so the decay isn’t bad. Plus we are on this huge upward trend and I wanna get paid! You can stick with boring azz VOO and watch it crash soon. I’m gonna lay it on the line with AGQ for another month or so, then sell that, but go my DGP and UGl going for 5 months more. They are fking killing it!!!!

Why would precious metals stop soon. Have we have a time like now in modern history with so much uncertainty. Everyone is rushing to precious metals because it’s the only thing that beats inflation and you can rely on. Not fking NVIDIA or whatever. You think we are going to have a financial crash soon? Look at the insanity. Read a fking newspaper. Gold ETFs are the only logical bet. And silver for a while, too. We are living in the craziest period since WW2 ended and you fking know it too.

Hmm. The Vietnam War, American leaders getting assassinated left and right, mass protests and riots in the 60s. Stagflation and lines at gas stations in the 70s. 9/11 mass terrorist attack on American soil and the ensuing twenty years of war in the Middle East. World wide financial crisis in 2008. Worldwide pandemic and Trump first term. Let me give you a hint - the period we live in is as crazy as any other period since WW2, you’re just too close to this period to see the forest through the trees. We’ll weather this storm and boring old S&P index funds will march on over the long term with sometimes large dips in the short term.

You really have no idea what’s going on, do you? I guess being an ostrich is comfortable for you.

No - I don’t. And you don’t either. It’s why I invest in passive index funds instead of esoteric investment vehicles and precious metals.

And that’s great. Your S&P index funds are going to crash in the near future while my gold, silver and platinum ETFs stay high as safe havens against uncertainty (continued dollar devaluation, tech need for raw materials, inflation, etc). And once I am sufficiently satisfied, I will sell them and go and buy up a ton of both international and domestic index funds. My point being these precious metals are great investments right now, even at elevated prices. Miners ETFs even more so because they’re undervalued. I think the underlying insanity here is that you’re so cocksure this is just a normal time in history, similar to previous examples. This ain’t. There are fundamental shifts occurring in geopolitical stability and you probably just want Fox and can’t understand or are siloed off from reality. I’m sad you aren’t able to critically reason from a high level.

I’m liberal and don’t watch Fox. You are just nuts. It doesn’t matter if we go through another financial crisis. I won’t sell and the market will recover and later reach new highs. And I’ll continue to dollar cost average through the downturn and upswing.

You are not a "liberal" or if you are you are not well informed.

While I am not that poster this line in their post is correct " think the underlying insanity here is that you’re so cocksure this is just a normal time in history"

Key words "normal time in history"

A liberal would know the $ is going away. Trump is an idiot the market will not recover after 2026 and living in a dictatorship run by a criminal traitor is not going to work out financially for any Americans but the tippy top of the 1% of Trumps sycophants.

NP. Since you can apparently predict the future, by how much have you beaten the us stock market and over what period of time?

I get wanting the warm feeling the historical returns the S&P has historically provided, but I stand by my comment we are in historic, world changing times. I hope the S&P just does what it has always done, but you should read more financial news. You should try to understand world shifting geopolitics. I feel like you are being willfully obtuse or simply can’t grasp the time period we actually are in and the ramifications for global trade etc. Gold and silver ETFs for the near term for me. Too much going on. The stock market is due for a massive correction. Especially in such unprecedented times.

Ray Dalio, thank you for for sharing your wisdom with all of the stay at home moms on dcum.

It’s not a fringe perspective. Gold has beaten the returns of the S&P and continues to do so. The scary thing is you just hum-drumming along, merrily not even wondering why gold is on a sustained tear. A lot of people prefer not think deeply, so it’s okay.

Not historically. You are suffering from a serious case of recency bias. This is not how you achieve financial succes in the long term. What's next, are you going to recommend loading up on a tech heavy index like QQQ? Great index if you don't mind losing 80% of your assets!

DP. There's periods where one has performed better than the other. The most recent example of gold outperforming is the early 2000's. Also happened in the 30s and 70's. PP likely believes it's time for this situation to play out again. (I do as well fwiw).

Gold is going to fly tomorrow. It’ll go to $5,000 or higher this year. You might want to buy some bullion ETFs now like GLD.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:leveraged funds are the easiest way to lose everything super fast. Just go to the casino if you are this degenerate. All the 2x/3x funds perform horribly even if you were "right" about the trend.

Whatever! We gonna see. I’m only buying 2x leverage ones, so the decay isn’t bad. Plus we are on this huge upward trend and I wanna get paid! You can stick with boring azz VOO and watch it crash soon. I’m gonna lay it on the line with AGQ for another month or so, then sell that, but go my DGP and UGl going for 5 months more. They are fking killing it!!!!

Why would precious metals stop soon. Have we have a time like now in modern history with so much uncertainty. Everyone is rushing to precious metals because it’s the only thing that beats inflation and you can rely on. Not fking NVIDIA or whatever. You think we are going to have a financial crash soon? Look at the insanity. Read a fking newspaper. Gold ETFs are the only logical bet. And silver for a while, too. We are living in the craziest period since WW2 ended and you fking know it too.

Hmm. The Vietnam War, American leaders getting assassinated left and right, mass protests and riots in the 60s. Stagflation and lines at gas stations in the 70s. 9/11 mass terrorist attack on American soil and the ensuing twenty years of war in the Middle East. World wide financial crisis in 2008. Worldwide pandemic and Trump first term. Let me give you a hint - the period we live in is as crazy as any other period since WW2, you’re just too close to this period to see the forest through the trees. We’ll weather this storm and boring old S&P index funds will march on over the long term with sometimes large dips in the short term.

You really have no idea what’s going on, do you? I guess being an ostrich is comfortable for you.

No - I don’t. And you don’t either. It’s why I invest in passive index funds instead of esoteric investment vehicles and precious metals.

And that’s great. Your S&P index funds are going to crash in the near future while my gold, silver and platinum ETFs stay high as safe havens against uncertainty (continued dollar devaluation, tech need for raw materials, inflation, etc). And once I am sufficiently satisfied, I will sell them and go and buy up a ton of both international and domestic index funds. My point being these precious metals are great investments right now, even at elevated prices. Miners ETFs even more so because they’re undervalued. I think the underlying insanity here is that you’re so cocksure this is just a normal time in history, similar to previous examples. This ain’t. There are fundamental shifts occurring in geopolitical stability and you probably just want Fox and can’t understand or are siloed off from reality. I’m sad you aren’t able to critically reason from a high level.

I’m liberal and don’t watch Fox. You are just nuts. It doesn’t matter if we go through another financial crisis. I won’t sell and the market will recover and later reach new highs. And I’ll continue to dollar cost average through the downturn and upswing.

You are not a "liberal" or if you are you are not well informed.

While I am not that poster this line in their post is correct " think the underlying insanity here is that you’re so cocksure this is just a normal time in history"

Key words "normal time in history"

A liberal would know the $ is going away. Trump is an idiot the market will not recover after 2026 and living in a dictatorship run by a criminal traitor is not going to work out financially for any Americans but the tippy top of the 1% of Trumps sycophants.

NP. Since you can apparently predict the future, by how much have you beaten the us stock market and over what period of time?

I get wanting the warm feeling the historical returns the S&P has historically provided, but I stand by my comment we are in historic, world changing times. I hope the S&P just does what it has always done, but you should read more financial news. You should try to understand world shifting geopolitics. I feel like you are being willfully obtuse or simply can’t grasp the time period we actually are in and the ramifications for global trade etc. Gold and silver ETFs for the near term for me. Too much going on. The stock market is due for a massive correction. Especially in such unprecedented times.

Ray Dalio, thank you for for sharing your wisdom with all of the stay at home moms on dcum.

It’s not a fringe perspective. Gold has beaten the returns of the S&P and continues to do so. The scary thing is you just hum-drumming along, merrily not even wondering why gold is on a sustained tear. A lot of people prefer not think deeply, so it’s okay.

Not historically. You are suffering from a serious case of recency bias. This is not how you achieve financial succes in the long term. What's next, are you going to recommend loading up on a tech heavy index like QQQ? Great index if you don't mind losing 80% of your assets!

DP. There's periods where one has performed better than the other. The most recent example of gold outperforming is the early 2000's. Also happened in the 30s and 70's. PP likely believes it's time for this situation to play out again. (I do as well fwiw).

Gold is going to fly tomorrow. It’ll go to $5,000 or higher this year. You might want to buy some bullion ETFs now like GLD.

Thanks, I already own quite a bit at average cost around 1700

[Anonymous]

I loaded rare earths since first craze over Greenland started. Good times.

[Anonymous]

Lots of people making big bets and everyone is a winner. Congrats guys!

[Anonymous]

I stacked quite a bit of physical gold over the years. Of course, now I wish I had stacked more lol.

Hindsight is always 20-20 right?

[Anonymous]

Anonymous wrote:Lots of people making big bets and everyone is a winner. Congrats guys!

Fortune favors the brave. Anyway, it’s not like there’s any sort of global turmoil right now. I’m sure gold will plummet soon.

[Anonymous]

I’m so tired of being right.

[Anonymous]

This scene encapsulates people who questioned buying gold ETFs over the last few months: https://youtu.be/7b6aS8bsILc?si=Oqf6MV1vy10CYH2e

[Anonymous]

i am too busy buying guns to be buying gold

[Anonymous]

Most of the 22k gold jewelry I have are family heirlooms and antiques - given to me by my mom and MIL when I got married or when I had my kids etc. When my DD got married, we also gifted her gold jewelry. None of us are going to sell our gold jewelry unless our family is in dire straits. If price crashes, we will probably buy more gold to give to future generation when they get married.

I invest money in index funds and the stock market. I don't really believe in investment in bitcoins, gold or property. I only have one home and I live in it. I am still struggling with all the running around I have to do to sell expensive properties that I have inherited and it is a pain.