Precious Metals — Collectors Universe
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Gold at a bubble or Pt and Pd just undervalued?

Hi, everyone. Seeing the recent spike of gold with silver following steadily, my curiosity is kindled as to why platinum and palladium are so low relative to the proportion what was present around the late 90's and early 2000's? Is it more likely the case that gold is at a bubble caused by the emotional distress of the federal budget or that the...

Fri Apr 19, 2024 06:51
Precious metals heist at Canadian airport from Switzerland

https://www.cnn.com/2024/04/17/americas/toronto-airport-heist-arrests/index.html One worker among six arrested in $22M airport gold heist. Police say it was an inside job: Ottawa CNN — Six people have been arrested in last year’s multimillion-dollar gold heist at Toronto’s Pearson International Airport, police in Canada and the...

Thu Apr 18, 2024 05:01
AEP: Gold is sniffing out Monetary and Geopolitical dystopia

Ambrose Evans-Pritchard, UK Telegraph financial columnist, is one of my "must-reads." I don't agree with 100% of his stuff -- including the belief that Green Energy can be made cost-effective solely through technology -- but he is a great writer and has fantastic insight (and sources). I've read his commentaries and analyses on the Euro, ECB, and...

Thu Apr 18, 2024 01:02
Lowball Offer on 22K Jewelry?

I went into a local gold buyer to sell a necklace and bracelet. They do not retail jewelry so I'm expecting they sell to a refiner. Both are items are 22K and total weight was 65.5 grams. Factoring in 0.916 it's 60 grams of gold. Price per gram is about $75.50. The offer was $3,500. I didn't expect to get melt but $1,000 less? That seems like a pretty...

Sat Apr 13, 2024 02:27
It was a Nice run Kev. Had to close out Someday. Nobody wins them all.

I've been watching gold and silver on their latest runs with amazement. Wow! The day after Valentines Day, Gold Started a run at $2,016 and never looked back. Until today that is. A high of $2,431.90? Whoa! However, on a Friday (Usually a strong day in trading), it closed at nearly $100 less. Silver had the same run. Today's high of $29.90...

Sat Apr 13, 2024 01:29

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