The price of gold did a jump shot and hit $800 today. With a price increase of over $50, gold is becoming … well gold again… He shoots … Gooooold, Goooooold, Gooooold, Gooooold … I guess you have to watch a soccer match announced in Spanish.
I wanted to buy gold earlier this week when it was hovering around $700. Doh, sometimes you want to kick yourself.
I wasn’t able to make it to the bank until today to withdraw the money for the purchase and I hate carry a couple of grand around with me. The money is still safer in the bank for now…
It’s really hard to get gold on the street since none of the coin dealers have it in stock. But with last dip, people got scared and started to sell. I was only able to get a few ozs:
- 2 oz of the California Gold Coin
- 1/2 oz gold eagle
- 1/4 oz Canadian dollar