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re: Gold broke through $4k/ounce today. Goldman Sachs calling for $4900 by end of 2026.
Posted on 10/7/25 at 7:45 pm to Bass Tiger
Posted on 10/7/25 at 7:45 pm to Bass Tiger
I have about 10 oz troy of gold I want to sell. Pawn shop best place?
2
Posted on 10/7/25 at 7:51 pm to jeffsdad
That’s a lot of physical gold. Jewelry, coins?
Posted on 10/7/25 at 7:58 pm to Sofaking2
mostly rings. 10c and 14c
Posted on 10/7/25 at 8:02 pm to Bass Tiger
I have a friend that owns a convient store. He had a customer buy 20 dollars of gas with silver dollars.
Probably stolen fom his granny.
Probably stolen fom his granny.
Posted on 10/7/25 at 8:03 pm to Bass Tiger
A quick run up in gold is not a very good sign.
Posted on 10/7/25 at 8:15 pm to CleverUserName
quote:
A quick run up in gold is not a very good sign.
Neither is printing 2 trillion dollars per year, but that’s what leads to a run up in gold.
Posted on 10/7/25 at 8:16 pm to jeffsdad
quote:
mostly rings. 10c and 14c
most coin/metals dealers won’t offer max value on these types of items, they generally send them out to a smelter for purification. You can try to deal directly with a smelter, most have minimum requirements though. I’ve only dealt with Silver in this way, so I’m not certain how they handle the parameters around gold items. Good fortunes
Posted on 10/7/25 at 8:19 pm to CleverUserName
quote:
A quick run up in gold is not a very good sign.
Dollar going to the shitter
Posted on 10/7/25 at 8:52 pm to 1loyalbamafan
quote:
I have a friend that owns a convient store. He had a customer buy 20 dollars of gas with silver dollars.
Estimate 0.77 Troy oz./coin, silver spot price at $48.82, makes each coins silver value about $37.55. I think I'd have swaped a couple of saw bucks and those coins would go home with me.
Posted on 10/7/25 at 8:54 pm to Sofaking2
quote:
Now do bitcoin,
They don’t like to admit that they missed the greatest wealth building opportunity of their lifetime. So instead of learning about it, they continue to call it fake. I see the threads on here year after year as the price continues to go up and up and up. Oh well, their loss!
Posted on 10/7/25 at 8:54 pm to jeffsdad
quote:
I have about 10 oz troy of gold I want to sell. Pawn shop best place?
Couldn't tell you anything about selling gold bullion, don't own any. I have some numismatic gold coins that I have owned for years, own some gold mining stocks and a couple of gold ETFs. They have all performed decently over the past 15-20 years as an inflation hedge.
Posted on 10/7/25 at 9:03 pm to MajorityWhip
quote:
So instead of learning about it, they continue to call it fake.
Bitcoin is far from fake …. but neither is it free from risk. Like any other asset it has its pluses and minuses …. and that is something every investor should learn.
Posted on 10/7/25 at 9:11 pm to cadillacattack
quote:
Bitcoin is far from fake …. but neither is it free from risk. Like any other asset it has its pluses and minuses …. and that is something every investor should learn.
My concern with crypto is eventually some bad actors are going to figure out and effective virus/cyber attack targeting Bitcoin and other blockchain code....
Posted on 10/7/25 at 10:21 pm to lsuguy84
Hundred dollar bills aren't worth their weight in gold.
40 hundred dollar bills weigh 40 grams = $4,000
40 grams of gold is worth $5,156.00
40 hundred dollar bills weigh 40 grams = $4,000
40 grams of gold is worth $5,156.00
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