Just some random thoughts today

Gold Off Recent High

Gold has been dropping like a “gold brick” in the past week and is retracting from a recent high of $1000 per ounce.  This perhaps is a good buying opportunity before it shoots up again.

The only problem is that gold is scarce but I keep calling all the local dealers to see if someone is selling.  Usually on dips, the dips sell and the smart people buy.  Hopefully a few dips will sell their gold tomorrow.

One dealer just got in a 1000 oz. bar of silver.  It was hard to believe that this silver brick was nearly 63 lbs.  He wanted about 14k for it.  Now if it was gold and I had a spare $939,000, I would have bought it.

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Comments on: "Gold Off Recent High" (2)

  1. Laird Grahame D. Sager said:

    Please advice me as to the costs for ‘100’ oz silver bullion bars, to take ‘physical’ possession’ of same.
    Thankyou,

    Sincerely,

    L/ G. D. Sager

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