I told you to buy gold months ago

[Anonymous]

Anonymous wrote: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)?

I walked into my local mall and sold a few pairs of old earrings last weekend and came out with $1200 cash. Just walked into a place with a sign that said "we buy gold." It was so easy. Just look for a place to do it. Don't know about sterling but I'm looking into this next.

[Anonymous]

Yes I walked away with $20k from a high end store but I have a lot of gold jewelry being Asian I mean gold is at $4700 an ounce. It's insane!!!!! I'm keeping the rest to sell when gold climbs some more we are funding my kids car through my gold jewelry which I never dreamed I'd ever do..

[Anonymous]

Anonymous wrote:My mom said she bought $250k worth of Gold in 2024. I asked her how much that gold is now worth and she said she didn't know? My mom never invested in the stock market. She will give you all kind of arguments why it's a bad idea lol. Her investments are only in real estate (rentals) and gold. Before she made the $250k purchase in 2024, she had been buying gold for years.

I think some people prefer to invest in assets they get touch and see every day.

My mom said even if $1 turned into a $1 million, she will never buy stocks. She is just one those people with very rigid views of investments.

I never had that much to buy gold but I'm like your mom. I am just uncomfortable with stocks and more a control freak and feel like I can better choose specific investments like real estate over a fund with assorted stocks. I've always felt the stock market is just legalized gambling. I prefer playing poker v blackjack

This is not to say I have zero stocks but I prefer investing in what I know and am comfortable with which I think is a logical approach.

Ultimately you must diversify. Investing some in everything is the surest way to success by hedging your bets.

This all being said, precious metals are an umbrella in a rainy day. The better they return the more messed up the world is so to invest totally in gold means you believe the world may be going to hell! You can't time the market of course so realistically, the world will always have certain times it gets into a hot mess like now! But if we are all going to have a life, gold will fall.

So, you buy metals when all is right in the world for times like now where anything goes. But you have to diversify and see this time as a short term streak with the approach of getting ROI and diversifying.
I would sell most of my gold within this next 12-18 month and make that big profit. Things will even out and when they fall to the hundreds, buy the umbrella again to use in the future

[Anonymous]

Anonymous wrote:Yes I walked away with $20k from a high end store but I have a lot of gold jewelry being Asian I mean gold is at $4700 an ounce. It's insane!!!!! I'm keeping the rest to sell when gold climbs some more we are funding my kids car through my gold jewelry which I never dreamed I'd ever do..

Isn’t jewelry gold less per ounce than investment grade coins.

[Anonymous]

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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?

Real Estate. John Jacob Astor .....
If you don't understand my reference go read up on Astor.

[Anonymous]

Anonymous wrote:

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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?

Real Estate. John Jacob Astor .....
If you don't understand my reference go read up on Astor.

Op here. Despite my best efforts, I have been trying to tell you people that we are not in normal times. Gould will continue to go up for the foreseeable future. Silver potentially, but that seems much more respectful of market, but nonetheless, I have money in silver ETFs and they are crushing it right now. I’ve got a feeling silver is in for a big correction soon, so I’m gonna offload my leverage ETFs and plow the gains into gold bullion ETFs. The dollar is getting devalued. Are you people not able to see that? Are you not able to see really what’s going on globally and why banks are rushing to buy gold? Are you guys still stuck in this mentality that you just buy VOO and chill? Like you really think that’s gonna work in 10 years? You honestly think that we’re business as usual things are completely fine and if you just buy the S&P you’ll be totally fine in 20 years? I feel like you myopic folks with that need to do more reading because you are drastically wrong in so many things if you’re not buying precious metals right now.

[Anonymous]

New Poster. I bought GLD ETF in early September and it is up 40% as of yesterday.

[Anonymous]

I don’t understand why I have to keep telling you people. BUY GOLD AND GOLD MINER ETFS IF YOU WANT TO BE RICH IN 2026.

[Anonymous]

When all these people start dumping gold it won't be pretty

[Anonymous]

Anonymous wrote:When all these people start dumping gold it won't be pretty

+1.

The gold rush is nothing new. Read some American history and you will learn about the thousands of people who died trying to get their hands on gold.

It's the nature of our greed. We are greedy people. Remember Michael Douglas in the movie Wall street "greed is good"

I hope this thread stays active so see the reactions of these newly appointed Gold evangelists when their precious gold starts tanking in value.

[Anonymous]

My portfolio is up over 12% since 1/1/26. A lot of gold included.

[Anonymous]

I am South Asian. I got boatload of gold and silver when I got married from ILs and parents. I am ok. We are ok. I will buy only when gold prices crash.

[Anonymous]

Anonymous wrote:

Anonymous wrote:When all these people start dumping gold it won't be pretty

+1.

The gold rush is nothing new. Read some American history and you will learn about the thousands of people who died trying to get their hands on gold.

It's the nature of our greed. We are greedy people. Remember Michael Douglas in the movie Wall street "greed is good"

I hope this thread stays active so see the reactions of these newly appointed Gold evangelists when their precious gold starts tanking in value.

Ha ha your precious Tesla will be tanking first my friend. The truth is gold will rally all of 2026. DO IT! You will not lose. BOOKMARK THIS THREAD CUCKS. I guarantee I will have made more money than you. BUY GLTR DGP JNUG GLDM OR GLTR AND PROFIT OR BE LEFT OUT AS THE DOLLAR LOSES ANOTHER 20%. YOU ARE WELCOME.

[Anonymous]

Anonymous wrote: I am South Asian. I got boatload of gold and silver when I got married from ILs and parents. I am ok. We are ok. I will buy only when gold prices crash.

Not smart to hold gold for a super long time. You should melt that down and sell it for money to buy broad and passive index funds. We are in a super hey day period now. You should take the win. The gold rush won’t last forever, but it will go for at least another year or two. It’s at all time highs now. Wait a couple months and sell it when it’s higher. In the long run you will make more money with index funds. Word is bond, son.

[Anonymous]

Anonymous wrote:

Anonymous wrote:When all these people start dumping gold it won't be pretty

+1.

The gold rush is nothing new. Read some American history and you will learn about the thousands of people who died trying to get their hands on gold.

It's the nature of our greed. We are greedy people. Remember Michael Douglas in the movie Wall street "greed is good"

I hope this thread stays active so see the reactions of these newly appointed Gold evangelists when their precious gold starts tanking in value.

Shut up, grandpa. Get with the times.