I've noticed lately I am unable to bump my thread. The link to bump my thread is no longer present on my page. Has anybody else noticed this on their page?
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I've noticed lately I am unable to bump my thread. The link to bump my thread is no longer present on my page. Has anybody else noticed this on their page?
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That's PROGRE$$ for you.
The upgrades to make LIFE more EA$Y.
The question is, more easy for WHO?
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It's looking like gold will hit $1800/oz. before it goes up above $2000/oz. On the bright side palladium is up 50 points today and spot aluminum is back over $1.00/lb...... Oh the excitement....
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Updated Prices to reflect the change in market conditions.
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thought you said gold was heading to $2000
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Prices Updated to reflect the increase in gold
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New item added to the ever growing list of material we are looking to purchase - Gold Plated Flatware & Hollowware - Happy Scrapping Everyone
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Gold is finally above $2000.00/oz. Hopefully it stays there for a while.
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Your prediction was true....the only thing I didn't understand was the slight price drop if you felt the future was above $2000.....all good carry on
Metal Recycling Entrepreneur
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I think someone would have to buy and sell based on current market prices and just work the margins. Buying based on what the market might do further on down the line is more like commodities speculation. Market speculation is unnecessarily high risk.
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Thornton Scrapper
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https://www.youtube.com/@ScrappingIrishOriginally Posted by mikeinreco
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Seems like a nice guy?......Why are they calling them Irish sucker sticks?......Is this in one of his videos.....Confused and bored as this forum is pretty dead
Thornton Scrapper
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Honestly i never seen any of his videos. I just know who he is from commenting on some of my vids..... i laughed when i saw that pic from board sort you shared.
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I shared it on thia thread because isn't this buyer basically boardsort
New Guy
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I believe so
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Gold seems to be holding its own slightly over $2000.00/oz....... It would be nice if palladium could get its act together and follow in the footsteps of gold.
Metal Recycling Entrepreneur
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I think the market forces that drive gold are different from the market forces that drive palladium.
It's getting near year end bonus time in places like India & China. They've traditionally driven those bonuses into gold as a way of saving for retirement. Gold is considered to be a safe long term investment. You're generally best recommended to hold for 20 years or more. It also has the advantage of being portable wealth.
Palladium is a different kind of animal. It's more of a commodity for use in the manufacture of catalytic converters. It's long term prospects are questionable. Folks don't see it now ... but in 20 years ... it's probable that EV's will have displaced at least half of the ICE powered vehicles on the road. It's looking like there are some states and European nations which will outlaw the sale new cars & trucks powered by gasoline & diesel engines by 2035. That's only 11 years from now. Crazy stuff ... hard to imagine.
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The problem I see with gold and silver is that there are many counterfeits and fakes out there these days.
If you look at the many YouTube videos on counterfeits and fakes, you can get a better idea of what is being faked and counterfeited.
Franklin halves as well as most other halves. Morgan and Peace dollars and other such coins.
That's silver that you have to watch out for.
As for the gold. Same thing. If it's popular.
They are even making Indian head cents as well as flying eagles that are pretty good fakes that will fool all but the better informed that know what to look for.
And then there are the places that people invest in gold and silver as well as other precious metals that are kept safely away in a safe that you have never seen.
BINGO!
P.S. Are any of you aware of the "omega gold coins" that are top shelf fakes that many have been made and are out there.
Some are possibly in "real" graded coin holders.
Last edited by ChildhoodDream; 12-08-2023 at 10:37 PM.
Metal Recycling Entrepreneur
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I've never had a problem CD. Just buy & sell with established reputable dealers that have a sterling reputation to protect.
If you lie down with dogs ... you may wake up with fleabay.
Last edited by hills; 12-09-2023 at 04:29 PM.
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